What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares Core Aggressive Allocation ETF | $ |
| Footnote | Description |
Footnote(a) | Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence, particularly in the information technology sector. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Although bonds underperformed equities, they still delivered generally positive total returns during the reporting period. Amid economic growth concerns, central banks began to pivot away from higher interest rates to easing monetary policy, causing volatility in Treasury yields.
What contributed to performance?
Both equities and fixed income advanced for the reporting period. The equity allocation represented approximately 81% of the Fund on average during the reporting period. Equities across regions and capitalizations rose, led by U.S. large-capitalization stocks, which were the largest contributor to the Fund’s return. The information technology sector drove U.S. large-capitalization stocks meaningfully higher, particularly a handful of dominant information technology companies that have been able to rapidly innovate, capture significant market share, and generate substantial profits. International developed stocks benefited from the sharp rally in Japanese shares, supported by central bank actions and improved corporate governance.
The bond allocation, which constituted approximately 19% of the Fund on average during the reporting period, U.S. corporate bonds benefited from strong demand and more attractive yields than their government-issued counterparts.
What detracted from performance?
There were no detractors to the Fund’s performance during the reporting period.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Fund | MSCI All Country World Index | Bloomberg U.S. Universal Index | S&P Target Risk Aggressive Index | |
|---|---|---|---|---|
Jul 14 | $10000 | $ | $ | $10000 |
Aug 14 | $10282 | $ | $ | $10282 |
Sep 14 | $9943 | $ | $ | $9944 |
Oct 14 | $10166 | $ | $ | $10168 |
Nov 14 | $10289 | $ | $ | $10291 |
Dec 14 | $10197 | $ | $ | $10201 |
Jan 15 | $10129 | $ | $ | $10132 |
Feb 15 | $10550 | $ | $ | $10568 |
Mar 15 | $10453 | $ | $ | $10471 |
Apr 15 | $10662 | $ | $ | $10682 |
May 15 | $10682 | $ | $ | $10702 |
Jun 15 | $10467 | $ | $ | $10487 |
Jul 15 | $10554 | $ | $ | $10574 |
Aug 15 | $9972 | $ | $ | $9990 |
Sep 15 | $9722 | $ | $ | $9742 |
Oct 15 | $10274 | $ | $ | $10296 |
Nov 15 | $10279 | $ | $ | $10302 |
Dec 15 | $10097 | $ | $ | $10120 |
Jan 16 | $9676 | $ | $ | $9697 |
Feb 16 | $9601 | $ | $ | $9623 |
Mar 16 | $10189 | $ | $ | $10213 |
Apr 16 | $10294 | $ | $ | $10319 |
May 16 | $10357 | $ | $ | $10385 |
Jun 16 | $10366 | $ | $ | $10392 |
Jul 16 | $10716 | $ | $ | $10745 |
Aug 16 | $10745 | $ | $ | $10774 |
Sep 16 | $10821 | $ | $ | $10850 |
Oct 16 | $10633 | $ | $ | $10662 |
Nov 16 | $10683 | $ | $ | $10713 |
Dec 16 | $10867 | $ | $ | $10895 |
Jan 17 | $11102 | $ | $ | $11134 |
Feb 17 | $11364 | $ | $ | $11397 |
Mar 17 | $11498 | $ | $ | $11535 |
Apr 17 | $11670 | $ | $ | $11708 |
May 17 | $11888 | $ | $ | $11926 |
Jun 17 | $11950 | $ | $ | $11990 |
Jul 17 | $12215 | $ | $ | $12266 |
Aug 17 | $12261 | $ | $ | $12314 |
Sep 17 | $12462 | $ | $ | $12516 |
Oct 17 | $12678 | $ | $ | $12737 |
Nov 17 | $12881 | $ | $ | $12920 |
Dec 17 | $13044 | $ | $ | $13087 |
Jan 18 | $13592 | $ | $ | $13640 |
Feb 18 | $13071 | $ | $ | $13118 |
Mar 18 | $12972 | $ | $ | $13019 |
Apr 18 | $12986 | $ | $ | $13036 |
May 18 | $13037 | $ | $ | $13091 |
Jun 18 | $12969 | $ | $ | $13024 |
Jul 18 | $13294 | $ | $ | $13353 |
Aug 18 | $13387 | $ | $ | $13444 |
Sep 18 | $13410 | $ | $ | $13467 |
Oct 18 | $12565 | $ | $ | $12620 |
Nov 18 | $12730 | $ | $ | $12789 |
Dec 18 | $12032 | $ | $ | $12087 |
Jan 19 | $12807 | $ | $ | $12871 |
Feb 19 | $13080 | $ | $ | $13145 |
Mar 19 | $13261 | $ | $ | $13331 |
Apr 19 | $13626 | $ | $ | $13700 |
May 19 | $13012 | $ | $ | $13083 |
Jun 19 | $13695 | $ | $ | $13769 |
Jul 19 | $13691 | $ | $ | $13770 |
Aug 19 | $13551 | $ | $ | $13636 |
Sep 19 | $13782 | $ | $ | $13870 |
Oct 19 | $14105 | $ | $ | $14200 |
Nov 19 | $14342 | $ | $ | $14439 |
Dec 19 | $14741 | $ | $ | $14841 |
Jan 20 | $14589 | $ | $ | $14689 |
Feb 20 | $13711 | $ | $ | $13810 |
Mar 20 | $12104 | $ | $ | $12192 |
Apr 20 | $13090 | $ | $ | $13189 |
May 20 | $13647 | $ | $ | $13751 |
Jun 20 | $13986 | $ | $ | $14092 |
Jul 20 | $14580 | $ | $ | $14694 |
Aug 20 | $15250 | $ | $ | $15372 |
Sep 20 | $14888 | $ | $ | $15008 |
Oct 20 | $14612 | $ | $ | $14734 |
Nov 20 | $16013 | $ | $ | $16151 |
Dec 20 | $16635 | $ | $ | $16782 |
Jan 21 | $16573 | $ | $ | $16723 |
Feb 21 | $16907 | $ | $ | $17062 |
Mar 21 | $17338 | $ | $ | $17498 |
Apr 21 | $17935 | $ | $ | $18104 |
May 21 | $18195 | $ | $ | $18369 |
Jun 21 | $18356 | $ | $ | $18534 |
Jul 21 | $18518 | $ | $ | $18701 |
Aug 21 | $18852 | $ | $ | $19042 |
Sep 21 | $18200 | $ | $ | $18384 |
Oct 21 | $18946 | $ | $ | $19142 |
Nov 21 | $18593 | $ | $ | $18784 |
Dec 21 | $19202 | $ | $ | $19404 |
Jan 22 | $18446 | $ | $ | $18639 |
Feb 22 | $17978 | $ | $ | $18169 |
Mar 22 | $18173 | $ | $ | $18366 |
Apr 22 | $16898 | $ | $ | $17080 |
May 22 | $17021 | $ | $ | $17205 |
Jun 22 | $15828 | $ | $ | $16000 |
Jul 22 | $16806 | $ | $ | $16988 |
Aug 22 | $16130 | $ | $ | $16306 |
Sep 22 | $14784 | $ | $ | $14947 |
Oct 22 | $15520 | $ | $ | $15692 |
Nov 22 | $16708 | $ | $ | $16896 |
Dec 22 | $16090 | $ | $ | $16274 |
Jan 23 | $17167 | $ | $ | $17364 |
Feb 23 | $16635 | $ | $ | $16827 |
Mar 23 | $17104 | $ | $ | $17303 |
Apr 23 | $17341 | $ | $ | $17544 |
May 23 | $17112 | $ | $ | $17313 |
Jun 23 | $17908 | $ | $ | $18121 |
Jul 23 | $18415 | $ | $ | $18635 |
Aug 23 | $17974 | $ | $ | $18190 |
Sep 23 | $17273 | $ | $ | $17482 |
Oct 23 | $16833 | $ | $ | $17038 |
Nov 23 | $18160 | $ | $ | $18383 |
Dec 23 | $19032 | $ | $ | $19268 |
Jan 24 | $19057 | $ | $ | $19294 |
Feb 24 | $19661 | $ | $ | $19907 |
Mar 24 | $20232 | $ | $ | $20487 |
Apr 24 | $19570 | $ | $ | $19818 |
May 24 | $20367 | $ | $ | $20627 |
Jun 24 | $20657 | $ | $ | $20921 |
Jul 24 | $21072 | $ | $ | $21343 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | 10 Years |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 9.01% | 7.74% | |
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 14.44 | 9.01 | 7.74 |
17.02 | 11.05 | 8.74 | |
Bloomberg U.S. Universal Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.72 | 0.50 | 1.89 |
S&P Target Risk Aggressive Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 14.54 | 9.16 | 7.88 |
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the MSCI All Country World Index and Bloomberg U.S. Universal Index in response to new regulatory requirements.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Five largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Core S&P 500 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core Total USD Bond Market ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core International Aggregate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P., MSCI Inc. or S&P Dow Jones Indices LLC, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares Core Conservative Allocation ETF | $ |
| Footnote | Description |
Footnote(a) | Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence, particularly in the information technology sector.
Although bonds underperformed equities, they still delivered generally positive total returns during the reporting period. Amid economic growth concerns, central banks began to pivot away from higher interest rates to easing monetary policy, causing volatility in Treasury yields.
What contributed to performance?
Both equities and fixed income advanced for the reporting period. While the equity allocation represented approximately 31% of the Fund on average, it was still the largest contributor to returns. Equities across regions and capitalizations rose, led by U.S. large-capitalization stocks, which were the largest contributors to the Fund’s return. The information technology sector drove U.S. large-capitalization stocks meaningfully higher, particularly a handful of dominant information technology companies that have been able to rapidly innovate, capture significant market share, and generate substantial profits.
Across the bond allocation, which constituted approximately 69% of the Fund on average during the reporting period, U.S. corporate bonds benefited from strong demand and more attractive yields than their government-issued counterparts. Maturity-wise, shorter-term issues, those between zero and three years, outperformed longer-term securities. Short-term issues are less sensitive to interest rate changes and benefit from higher yields and lower duration risk.
What detracted from performance?
There were no detractors to the Fund’s performance during the reporting period.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Fund | Bloomberg U.S. Universal Index | MSCI All Country World Index | S&P Target Risk Conservative Index | |
|---|---|---|---|---|
Jul 14 | $10000 | $ | $ | $10000 |
Aug 14 | $10149 | $ | $ | $10150 |
Sep 14 | $9990 | $ | $ | $9989 |
Oct 14 | $10107 | $ | $ | $10105 |
Nov 14 | $10166 | $ | $ | $10166 |
Dec 14 | $10114 | $ | $ | $10116 |
Jan 15 | $10151 | $ | $ | $10151 |
Feb 15 | $10247 | $ | $ | $10250 |
Mar 15 | $10254 | $ | $ | $10259 |
Apr 15 | $10298 | $ | $ | $10303 |
May 15 | $10281 | $ | $ | $10287 |
Jun 15 | $10133 | $ | $ | $10140 |
Jul 15 | $10193 | $ | $ | $10200 |
Aug 15 | $9970 | $ | $ | $9975 |
Sep 15 | $9896 | $ | $ | $9905 |
Oct 15 | $10119 | $ | $ | $10127 |
Nov 15 | $10107 | $ | $ | $10116 |
Dec 15 | $9999 | $ | $ | $10008 |
Jan 16 | $9904 | $ | $ | $9914 |
Feb 16 | $9934 | $ | $ | $9941 |
Mar 16 | $10233 | $ | $ | $10244 |
Apr 16 | $10302 | $ | $ | $10313 |
May 16 | $10340 | $ | $ | $10348 |
Jun 16 | $10475 | $ | $ | $10487 |
Jul 16 | $10667 | $ | $ | $10678 |
Aug 16 | $10669 | $ | $ | $10682 |
Sep 16 | $10694 | $ | $ | $10706 |
Oct 16 | $10560 | $ | $ | $10572 |
Nov 16 | $10421 | $ | $ | $10436 |
Dec 16 | $10513 | $ | $ | $10517 |
Jan 17 | $10590 | $ | $ | $10596 |
Feb 17 | $10742 | $ | $ | $10749 |
Mar 17 | $10796 | $ | $ | $10804 |
Apr 17 | $10915 | $ | $ | $10922 |
May 17 | $11041 | $ | $ | $11046 |
Jun 17 | $11058 | $ | $ | $11062 |
Jul 17 | $11183 | $ | $ | $11216 |
Aug 17 | $11261 | $ | $ | $11294 |
Sep 17 | $11299 | $ | $ | $11335 |
Oct 17 | $11394 | $ | $ | $11433 |
Nov 17 | $11454 | $ | $ | $11484 |
Dec 17 | $11523 | $ | $ | $11555 |
Jan 18 | $11650 | $ | $ | $11685 |
Feb 18 | $11404 | $ | $ | $11438 |
Mar 18 | $11425 | $ | $ | $11460 |
Apr 18 | $11375 | $ | $ | $11414 |
May 18 | $11421 | $ | $ | $11462 |
Jun 18 | $11404 | $ | $ | $11444 |
Jul 18 | $11524 | $ | $ | $11569 |
Aug 18 | $11587 | $ | $ | $11632 |
Sep 18 | $11564 | $ | $ | $11609 |
Oct 18 | $11235 | $ | $ | $11279 |
Nov 18 | $11322 | $ | $ | $11370 |
Dec 18 | $11191 | $ | $ | $11240 |
Jan 19 | $11540 | $ | $ | $11593 |
Feb 19 | $11641 | $ | $ | $11698 |
Mar 19 | $11837 | $ | $ | $11897 |
Apr 19 | $11976 | $ | $ | $12036 |
May 19 | $11870 | $ | $ | $11933 |
Jun 19 | $12203 | $ | $ | $12247 |
Jul 19 | $12235 | $ | $ | $12283 |
Aug 19 | $12359 | $ | $ | $12433 |
Sep 19 | $12405 | $ | $ | $12480 |
Oct 19 | $12521 | $ | $ | $12598 |
Nov 19 | $12595 | $ | $ | $12673 |
Dec 19 | $12731 | $ | $ | $12812 |
Jan 20 | $12830 | $ | $ | $12911 |
Feb 20 | $12625 | $ | $ | $12710 |
Mar 20 | $11932 | $ | $ | $12014 |
Apr 20 | $12403 | $ | $ | $12487 |
May 20 | $12704 | $ | $ | $12794 |
Jun 20 | $12887 | $ | $ | $12979 |
Jul 20 | $13211 | $ | $ | $13313 |
Aug 20 | $13386 | $ | $ | $13498 |
Sep 20 | $13253 | $ | $ | $13366 |
Oct 20 | $13133 | $ | $ | $13247 |
Nov 20 | $13687 | $ | $ | $13808 |
Dec 20 | $13923 | $ | $ | $14051 |
Jan 21 | $13851 | $ | $ | $13981 |
Feb 21 | $13834 | $ | $ | $13963 |
Mar 21 | $13903 | $ | $ | $14035 |
Apr 21 | $14151 | $ | $ | $14288 |
May 21 | $14240 | $ | $ | $14381 |
Jun 21 | $14357 | $ | $ | $14501 |
Jul 21 | $14493 | $ | $ | $14643 |
Aug 21 | $14583 | $ | $ | $14736 |
Sep 21 | $14301 | $ | $ | $14452 |
Oct 21 | $14510 | $ | $ | $14667 |
Nov 21 | $14431 | $ | $ | $14587 |
Dec 21 | $14591 | $ | $ | $14752 |
Jan 22 | $14189 | $ | $ | $14347 |
Feb 22 | $13943 | $ | $ | $14096 |
Mar 22 | $13775 | $ | $ | $13928 |
Apr 22 | $13099 | $ | $ | $13245 |
May 22 | $13167 | $ | $ | $13315 |
Jun 22 | $12673 | $ | $ | $12814 |
Jul 22 | $13166 | $ | $ | $13315 |
Aug 22 | $12736 | $ | $ | $12880 |
Sep 22 | $12033 | $ | $ | $12169 |
Oct 22 | $12180 | $ | $ | $12318 |
Nov 22 | $12836 | $ | $ | $12984 |
Dec 22 | $12544 | $ | $ | $12689 |
Jan 23 | $13106 | $ | $ | $13259 |
Feb 23 | $12756 | $ | $ | $12905 |
Mar 23 | $13092 | $ | $ | $13246 |
Apr 23 | $13200 | $ | $ | $13356 |
May 23 | $13059 | $ | $ | $13215 |
Jun 23 | $13285 | $ | $ | $13446 |
Jul 23 | $13427 | $ | $ | $13590 |
Aug 23 | $13263 | $ | $ | $13424 |
Sep 23 | $12883 | $ | $ | $13039 |
Oct 23 | $12649 | $ | $ | $12803 |
Nov 23 | $13361 | $ | $ | $13526 |
Dec 23 | $13903 | $ | $ | $14076 |
Jan 24 | $13939 | $ | $ | $14113 |
Feb 24 | $13975 | $ | $ | $14151 |
Mar 24 | $14211 | $ | $ | $14391 |
Apr 24 | $13840 | $ | $ | $14016 |
May 24 | $14186 | $ | $ | $14368 |
Jun 24 | $14330 | $ | $ | $14515 |
Jul 24 | $14642 | $ | $ | $14833 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | 10 Years |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 3.66% | 3.89% | |
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 8.98 | 3.65 | 3.88 |
5.72 | 0.50 | 1.89 | |
MSCI All Country World Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 17.02 | 11.05 | 8.74 |
S&P Target Risk Conservative Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 9.15 | 3.84 | 4.02 |
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the Bloomberg U.S. Universal Index and MSCI All Country World Index in response to new regulatory requirements.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Five largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Core Total USD Bond Market ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core S&P 500 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core International Aggregate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P., MSCI Inc. or S&P Dow Jones Indices LLC, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares Core Growth Allocation ETF | $ |
| Footnote | Description |
Footnote(a) | Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence, particularly in the information technology sector. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Although bonds underperformed equities, they still delivered generally positive total returns during the reporting period. Amid economic growth concerns, central banks began to pivot away from higher interest rates to easing monetary policy, causing volatility in Treasury yields
What contributed to performance?
Both equities and fixed income advanced for the reporting period. The equity allocation represented approximately 61% of the Fund on average during the reporting period. Equities across regions and capitalizations rose, led by U.S. large-capitalization stocks, which were the largest contributor to the Fund’s return. The information technology sector drove U.S. large-capitalization stocks meaningfully higher, particularly a handful of dominant information technology companies that have been able to rapidly innovate, capture significant market share, and generate substantial profits. International developed stocks benefited from the sharp rally in Japanese shares, supported by central bank actions and improved corporate governance.
Across the bond allocation, which constituted approximately 38% of the Fund on average during the reporting period, U.S. corporate bonds benefited from strong demand and more attractive yields than their government-issued counterparts.
What detracted from performance?
There were no detractors to the Fund’s performance during the reporting period.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Fund | MSCI All Country World Index | Bloomberg U.S. Universal Index | S&P Target Risk Growth Index | |
|---|---|---|---|---|
Jul 14 | $10000 | $ | $ | $10000 |
Aug 14 | $10246 | $ | $ | $10244 |
Sep 14 | $9987 | $ | $ | $9984 |
Oct 14 | $10192 | $ | $ | $10189 |
Nov 14 | $10299 | $ | $ | $10298 |
Dec 14 | $10238 | $ | $ | $10239 |
Jan 15 | $10207 | $ | $ | $10208 |
Feb 15 | $10501 | $ | $ | $10510 |
Mar 15 | $10445 | $ | $ | $10455 |
Apr 15 | $10589 | $ | $ | $10601 |
May 15 | $10595 | $ | $ | $10606 |
Jun 15 | $10407 | $ | $ | $10417 |
Jul 15 | $10482 | $ | $ | $10494 |
Aug 15 | $10040 | $ | $ | $10051 |
Sep 15 | $9861 | $ | $ | $9873 |
Oct 15 | $10281 | $ | $ | $10296 |
Nov 15 | $10281 | $ | $ | $10295 |
Dec 15 | $10128 | $ | $ | $10143 |
Jan 16 | $9835 | $ | $ | $9852 |
Feb 16 | $9802 | $ | $ | $9816 |
Mar 16 | $10282 | $ | $ | $10297 |
Apr 16 | $10371 | $ | $ | $10389 |
May 16 | $10426 | $ | $ | $10443 |
Jun 16 | $10484 | $ | $ | $10502 |
Jul 16 | $10775 | $ | $ | $10794 |
Aug 16 | $10794 | $ | $ | $10813 |
Sep 16 | $10849 | $ | $ | $10870 |
Oct 16 | $10680 | $ | $ | $10702 |
Nov 16 | $10656 | $ | $ | $10677 |
Dec 16 | $10803 | $ | $ | $10820 |
Jan 17 | $10976 | $ | $ | $10995 |
Feb 17 | $11195 | $ | $ | $11216 |
Mar 17 | $11299 | $ | $ | $11320 |
Apr 17 | $11450 | $ | $ | $11472 |
May 17 | $11632 | $ | $ | $11654 |
Jun 17 | $11677 | $ | $ | $11699 |
Jul 17 | $11888 | $ | $ | $11927 |
Aug 17 | $11945 | $ | $ | $11988 |
Sep 17 | $12082 | $ | $ | $12126 |
Oct 17 | $12253 | $ | $ | $12299 |
Nov 17 | $12394 | $ | $ | $12427 |
Dec 17 | $12518 | $ | $ | $12554 |
Jan 18 | $12892 | $ | $ | $12931 |
Feb 18 | $12485 | $ | $ | $12522 |
Mar 18 | $12434 | $ | $ | $12474 |
Apr 18 | $12421 | $ | $ | $12464 |
May 18 | $12471 | $ | $ | $12517 |
Jun 18 | $12424 | $ | $ | $12470 |
Jul 18 | $12664 | $ | $ | $12714 |
Aug 18 | $12744 | $ | $ | $12793 |
Sep 18 | $12746 | $ | $ | $12796 |
Oct 18 | $12116 | $ | $ | $12166 |
Nov 18 | $12252 | $ | $ | $12304 |
Dec 18 | $11787 | $ | $ | $11840 |
Jan 19 | $12390 | $ | $ | $12447 |
Feb 19 | $12590 | $ | $ | $12651 |
Mar 19 | $12782 | $ | $ | $12844 |
Apr 19 | $13052 | $ | $ | $13118 |
May 19 | $12653 | $ | $ | $12719 |
Jun 19 | $13189 | $ | $ | $13250 |
Jul 19 | $13201 | $ | $ | $13266 |
Aug 19 | $13178 | $ | $ | $13255 |
Sep 19 | $13328 | $ | $ | $13410 |
Oct 19 | $13567 | $ | $ | $13651 |
Nov 19 | $13733 | $ | $ | $13820 |
Dec 19 | $14022 | $ | $ | $14113 |
Jan 20 | $13976 | $ | $ | $14069 |
Feb 20 | $13383 | $ | $ | $13474 |
Mar 20 | $12156 | $ | $ | $12238 |
Apr 20 | $12931 | $ | $ | $13019 |
May 20 | $13388 | $ | $ | $13481 |
Jun 20 | $13662 | $ | $ | $13761 |
Jul 20 | $14152 | $ | $ | $14258 |
Aug 20 | $14627 | $ | $ | $14739 |
Sep 20 | $14354 | $ | $ | $14467 |
Oct 20 | $14143 | $ | $ | $14255 |
Nov 20 | $15188 | $ | $ | $15314 |
Dec 20 | $15648 | $ | $ | $15783 |
Jan 21 | $15580 | $ | $ | $15718 |
Feb 21 | $15762 | $ | $ | $15905 |
Mar 21 | $16041 | $ | $ | $16188 |
Apr 21 | $16489 | $ | $ | $16645 |
May 21 | $16675 | $ | $ | $16836 |
Jun 21 | $16819 | $ | $ | $16982 |
Jul 21 | $16971 | $ | $ | $17140 |
Aug 21 | $17198 | $ | $ | $17372 |
Sep 21 | $16706 | $ | $ | $16877 |
Oct 21 | $17216 | $ | $ | $17394 |
Nov 21 | $16984 | $ | $ | $17162 |
Dec 21 | $17391 | $ | $ | $17577 |
Jan 22 | $16791 | $ | $ | $16968 |
Feb 22 | $16418 | $ | $ | $16594 |
Mar 22 | $16444 | $ | $ | $16621 |
Apr 22 | $15429 | $ | $ | $15596 |
May 22 | $15528 | $ | $ | $15697 |
Jun 22 | $14647 | $ | $ | $14803 |
Jul 22 | $15413 | $ | $ | $15579 |
Aug 22 | $14841 | $ | $ | $15001 |
Sep 22 | $13775 | $ | $ | $13923 |
Oct 22 | $14245 | $ | $ | $14399 |
Nov 22 | $15206 | $ | $ | $15374 |
Dec 22 | $14731 | $ | $ | $14893 |
Jan 23 | $15587 | $ | $ | $15760 |
Feb 23 | $15131 | $ | $ | $15299 |
Mar 23 | $15546 | $ | $ | $15721 |
Apr 23 | $15727 | $ | $ | $15905 |
May 23 | $15535 | $ | $ | $15712 |
Jun 23 | $16075 | $ | $ | $16261 |
Jul 23 | $16417 | $ | $ | $16609 |
Aug 23 | $16100 | $ | $ | $16289 |
Sep 23 | $15538 | $ | $ | $15720 |
Oct 23 | $15187 | $ | $ | $15366 |
Nov 23 | $16246 | $ | $ | $16441 |
Dec 23 | $16976 | $ | $ | $17183 |
Jan 24 | $17007 | $ | $ | $17216 |
Feb 24 | $17350 | $ | $ | $17565 |
Mar 24 | $17772 | $ | $ | $17994 |
Apr 24 | $17236 | $ | $ | $17452 |
May 24 | $17829 | $ | $ | $18055 |
Jun 24 | $18052 | $ | $ | $18284 |
Jul 24 | $18427 | $ | $ | $18665 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | 10 Years |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 6.90% | 6.30% | |
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 12.21 | 6.89 | 6.30 |
17.02 | 11.05 | 8.74 | |
Bloomberg U.S. Universal Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.72 | 0.50 | 1.89 |
S&P Target Risk Growth Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 12.38 | 7.07 | 6.44 |
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the MSCI All Country World Index and Bloomberg U.S. Universal Index in response to new regulatory requirements.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Five largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Core S&P 500 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core Total USD Bond Market ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core International Aggregate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P., MSCI Inc. or S&P Dow Jones Indices LLC, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares Core Moderate Allocation ETF | $ |
| Footnote | Description |
Footnote(a) | Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence, particularly in the information technology sector.
Although bonds underperformed equities, they still delivered generally positive total returns during the reporting period. Amid economic growth concerns, central banks began to pivot away from higher interest rates to easing monetary policy, causing volatility in Treasury yields.
What contributed to performance?
Both equities and fixed income advanced for the reporting period. While the equity allocation represented approximately 41% of the Fund on average during the reporting period, it was the largest contributor to returns. Equities across regions and capitalizations rose, led by U.S. large-capitalization stocks, which were the largest contributor to the Fund’s return. The information technology sector drove U.S. large-capitalization stocks meaningfully higher, particularly a handful of dominant information technology companies that have been able to rapidly innovate, capture significant market share, and generate substantial profits.
Across the bond allocation, which constituted approximately 58% of the Fund on average during the reporting period, U.S. corporate bonds benefited from strong demand and more attractive yields than their government-issued counterparts. Maturity-wise, shorter-term issues, those between zero and three years, outperformed longer-term securities. Short-term issues are less sensitive to interest rate changes and benefit from higher yields and lower duration risk.
What detracted from performance?
There were no detractors to the Fund’s performance during the reporting period.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Fund | Bloomberg U.S. Universal Index | MSCI All Country World Index | S&P Target Risk Moderate Index | |
|---|---|---|---|---|
Jul 14 | $10000 | $ | $ | $10000 |
Aug 14 | $10183 | $ | $ | $10182 |
Sep 14 | $9971 | $ | $ | $9971 |
Oct 14 | $10124 | $ | $ | $10123 |
Nov 14 | $10193 | $ | $ | $10191 |
Dec 14 | $10134 | $ | $ | $10132 |
Jan 15 | $10143 | $ | $ | $10143 |
Feb 15 | $10305 | $ | $ | $10308 |
Mar 15 | $10293 | $ | $ | $10296 |
Apr 15 | $10368 | $ | $ | $10373 |
May 15 | $10359 | $ | $ | $10365 |
Jun 15 | $10197 | $ | $ | $10204 |
Jul 15 | $10262 | $ | $ | $10270 |
Aug 15 | $9965 | $ | $ | $9974 |
Sep 15 | $9860 | $ | $ | $9868 |
Oct 15 | $10147 | $ | $ | $10155 |
Nov 15 | $10138 | $ | $ | $10148 |
Dec 15 | $10015 | $ | $ | $10025 |
Jan 16 | $9856 | $ | $ | $9867 |
Feb 16 | $9865 | $ | $ | $9874 |
Mar 16 | $10224 | $ | $ | $10235 |
Apr 16 | $10299 | $ | $ | $10311 |
May 16 | $10341 | $ | $ | $10353 |
Jun 16 | $10453 | $ | $ | $10464 |
Jul 16 | $10675 | $ | $ | $10688 |
Aug 16 | $10684 | $ | $ | $10698 |
Sep 16 | $10717 | $ | $ | $10733 |
Oct 16 | $10574 | $ | $ | $10588 |
Nov 16 | $10472 | $ | $ | $10488 |
Dec 16 | $10583 | $ | $ | $10590 |
Jan 17 | $10692 | $ | $ | $10700 |
Feb 17 | $10866 | $ | $ | $10875 |
Mar 17 | $10935 | $ | $ | $10946 |
Apr 17 | $11064 | $ | $ | $11075 |
May 17 | $11209 | $ | $ | $11218 |
Jun 17 | $11236 | $ | $ | $11244 |
Jul 17 | $11386 | $ | $ | $11422 |
Aug 17 | $11459 | $ | $ | $11494 |
Sep 17 | $11529 | $ | $ | $11566 |
Oct 17 | $11648 | $ | $ | $11689 |
Nov 17 | $11734 | $ | $ | $11764 |
Dec 17 | $11821 | $ | $ | $11853 |
Jan 18 | $12026 | $ | $ | $12061 |
Feb 18 | $11728 | $ | $ | $11763 |
Mar 18 | $11728 | $ | $ | $11763 |
Apr 18 | $11689 | $ | $ | $11728 |
May 18 | $11736 | $ | $ | $11777 |
Jun 18 | $11708 | $ | $ | $11751 |
Jul 18 | $11869 | $ | $ | $11914 |
Aug 18 | $11938 | $ | $ | $11980 |
Sep 18 | $11919 | $ | $ | $11966 |
Oct 18 | $11497 | $ | $ | $11543 |
Nov 18 | $11602 | $ | $ | $11649 |
Dec 18 | $11365 | $ | $ | $11412 |
Jan 19 | $11792 | $ | $ | $11845 |
Feb 19 | $11929 | $ | $ | $11982 |
Mar 19 | $12120 | $ | $ | $12178 |
Apr 19 | $12301 | $ | $ | $12361 |
May 19 | $12105 | $ | $ | $12164 |
Jun 19 | $12496 | $ | $ | $12546 |
Jul 19 | $12524 | $ | $ | $12576 |
Aug 19 | $12602 | $ | $ | $12675 |
Sep 19 | $12683 | $ | $ | $12756 |
Oct 19 | $12837 | $ | $ | $12912 |
Nov 19 | $12937 | $ | $ | $13017 |
Dec 19 | $13123 | $ | $ | $13205 |
Jan 20 | $13172 | $ | $ | $13258 |
Feb 20 | $12848 | $ | $ | $12933 |
Mar 20 | $11990 | $ | $ | $12067 |
Apr 20 | $12553 | $ | $ | $12637 |
May 20 | $12905 | $ | $ | $12995 |
Jun 20 | $13119 | $ | $ | $13210 |
Jul 20 | $13494 | $ | $ | $13597 |
Aug 20 | $13766 | $ | $ | $13878 |
Sep 20 | $13587 | $ | $ | $13700 |
Oct 20 | $13438 | $ | $ | $13551 |
Nov 20 | $14143 | $ | $ | $14268 |
Dec 20 | $14448 | $ | $ | $14581 |
Jan 21 | $14378 | $ | $ | $14513 |
Feb 21 | $14425 | $ | $ | $14559 |
Mar 21 | $14559 | $ | $ | $14698 |
Apr 21 | $14868 | $ | $ | $15015 |
May 21 | $14988 | $ | $ | $15137 |
Jun 21 | $15112 | $ | $ | $15265 |
Jul 21 | $15253 | $ | $ | $15412 |
Aug 21 | $15384 | $ | $ | $15546 |
Sep 21 | $15037 | $ | $ | $15199 |
Oct 21 | $15339 | $ | $ | $15504 |
Nov 21 | $15214 | $ | $ | $15379 |
Dec 21 | $15449 | $ | $ | $15618 |
Jan 22 | $14987 | $ | $ | $15153 |
Feb 22 | $14702 | $ | $ | $14865 |
Mar 22 | $14592 | $ | $ | $14754 |
Apr 22 | $13814 | $ | $ | $13968 |
May 22 | $13891 | $ | $ | $14048 |
Jun 22 | $13282 | $ | $ | $13429 |
Jul 22 | $13857 | $ | $ | $14012 |
Aug 22 | $13384 | $ | $ | $13534 |
Sep 22 | $12572 | $ | $ | $12713 |
Oct 22 | $12814 | $ | $ | $12959 |
Nov 22 | $13562 | $ | $ | $13719 |
Dec 22 | $13215 | $ | $ | $13367 |
Jan 23 | $13866 | $ | $ | $14028 |
Feb 23 | $13484 | $ | $ | $13641 |
Mar 23 | $13844 | $ | $ | $14007 |
Apr 23 | $13974 | $ | $ | $14140 |
May 23 | $13818 | $ | $ | $13983 |
Jun 23 | $14137 | $ | $ | $14308 |
Jul 23 | $14339 | $ | $ | $14513 |
Aug 23 | $14129 | $ | $ | $14301 |
Sep 23 | $13694 | $ | $ | $13861 |
Oct 23 | $13425 | $ | $ | $13589 |
Nov 23 | $14240 | $ | $ | $14418 |
Dec 23 | $14839 | $ | $ | $15026 |
Jan 24 | $14873 | $ | $ | $15062 |
Feb 24 | $15000 | $ | $ | $15191 |
Mar 24 | $15291 | $ | $ | $15488 |
Apr 24 | $14871 | $ | $ | $15063 |
May 24 | $15289 | $ | $ | $15488 |
Jun 24 | $15456 | $ | $ | $15660 |
Jul 24 | $15787 | $ | $ | $15997 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | 10 Years |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 4.74% | 4.67% | |
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 10.15 | 4.72 | 4.67 |
5.72 | 0.50 | 1.89 | |
MSCI All Country World Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 17.02 | 11.05 | 8.74 |
S&P Target Risk Moderate Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 10.22 | 4.93 | 4.81 |
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the Bloomberg U.S. Universal Index and MSCI All Country World Index in response to new regulatory requirements.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Five largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Core Total USD Bond Market ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core S&P 500 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core International Aggregate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P., MSCI Inc. or S&P Dow Jones Indices LLC, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares Morningstar Multi-Asset Income ETF | $ |
| Footnote | Description |
Footnote(a) | Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence, particularly in the information technology sector. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Although bonds underperformed equities, they still delivered generally positive total returns during the reporting period. Amid economic growth concerns, central banks began to pivot away from higher interest rates to easing monetary policy, causing volatility in Treasury yields.
What contributed to performance?
Across the bond allocation, which constituted approximately 73% of the Fund on average during the reporting period, high-yield corporate bonds contributed the most to the Fund’s return. Resilient corporate profits and an increasing risk appetite among investors supported high-yield bonds. As investors searched for yield, preferred and income securities from the United States that offer income stability benefited.
Equities across regions and capitalizations rose, led by U.S. large-capitalization stocks, which were the largest contributors to the Fund’s return. The information technology sector drove U.S. large-capitalization stocks meaningfully higher, particularly a handful of dominant information technology companies that have been able to innovate rapidly, capture significant market share, and generate substantial profits.
What detracted from performance?
The modest allocation to real estate investment trusts (“REITs”) detracted from the Fund’s performance during the reporting period. REITs were faced with a challenging landscape that included higher mortgage rates, reduced demand, and macroeconomic uncertainty.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Fund | Bloomberg U.S. Universal Index | MSCI All Country World Index | ||
|---|---|---|---|---|
Jul 14 | $10000 | $ | $ | $10000 |
Aug 14 | $10293 | $ | $ | $10291 |
Sep 14 | $9944 | $ | $ | $9940 |
Oct 14 | $10153 | $ | $ | $10150 |
Nov 14 | $10205 | $ | $ | $10203 |
Dec 14 | $10088 | $ | $ | $10085 |
Jan 15 | $10254 | $ | $ | $10250 |
Feb 15 | $10332 | $ | $ | $10329 |
Mar 15 | $10214 | $ | $ | $10212 |
Apr 15 | $10287 | $ | $ | $10283 |
May 15 | $10183 | $ | $ | $10183 |
Jun 15 | $9871 | $ | $ | $9868 |
Jul 15 | $9933 | $ | $ | $9928 |
Aug 15 | $9656 | $ | $ | $9653 |
Sep 15 | $9529 | $ | $ | $9522 |
Oct 15 | $9806 | $ | $ | $9800 |
Nov 15 | $9718 | $ | $ | $9713 |
Dec 15 | $9607 | $ | $ | $9602 |
Jan 16 | $9483 | $ | $ | $9477 |
Feb 16 | $9571 | $ | $ | $9565 |
Mar 16 | $10027 | $ | $ | $10024 |
Apr 16 | $10223 | $ | $ | $10222 |
May 16 | $10229 | $ | $ | $10230 |
Jun 16 | $10462 | $ | $ | $10463 |
Jul 16 | $10654 | $ | $ | $10658 |
Aug 16 | $10715 | $ | $ | $10720 |
Sep 16 | $10766 | $ | $ | $10771 |
Oct 16 | $10592 | $ | $ | $10596 |
Nov 16 | $10386 | $ | $ | $10388 |
Dec 16 | $10548 | $ | $ | $10546 |
Jan 17 | $10678 | $ | $ | $10676 |
Feb 17 | $10889 | $ | $ | $10889 |
Mar 17 | $10972 | $ | $ | $10970 |
Apr 17 | $11108 | $ | $ | $11109 |
May 17 | $11230 | $ | $ | $11233 |
Jun 17 | $11284 | $ | $ | $11285 |
Jul 17 | $11401 | $ | $ | $11399 |
Aug 17 | $11469 | $ | $ | $11474 |
Sep 17 | $11564 | $ | $ | $11566 |
Oct 17 | $11498 | $ | $ | $11498 |
Nov 17 | $11572 | $ | $ | $11575 |
Dec 17 | $11694 | $ | $ | $11701 |
Jan 18 | $11617 | $ | $ | $11626 |
Feb 18 | $11333 | $ | $ | $11338 |
Mar 18 | $11418 | $ | $ | $11455 |
Apr 18 | $11400 | $ | $ | $11436 |
May 18 | $11378 | $ | $ | $11383 |
Jun 18 | $11361 | $ | $ | $11367 |
Jul 18 | $11613 | $ | $ | $11617 |
Aug 18 | $11555 | $ | $ | $11556 |
Sep 18 | $11599 | $ | $ | $11605 |
Oct 18 | $11303 | $ | $ | $11309 |
Nov 18 | $11343 | $ | $ | $11347 |
Dec 18 | $11139 | $ | $ | $11142 |
Jan 19 | $11781 | $ | $ | $11785 |
Feb 19 | $11830 | $ | $ | $11834 |
Mar 19 | $11928 | $ | $ | $11940 |
Apr 19 | $12060 | $ | $ | $12073 |
May 19 | $11787 | $ | $ | $11803 |
Jun 19 | $12261 | $ | $ | $12278 |
Jul 19 | $12300 | $ | $ | $12314 |
Aug 19 | $12181 | $ | $ | $12198 |
Sep 19 | $12352 | $ | $ | $12378 |
Oct 19 | $12515 | $ | $ | $12541 |
Nov 19 | $12549 | $ | $ | $12576 |
Dec 19 | $12907 | $ | $ | $12935 |
Jan 20 | $12983 | $ | $ | $13011 |
Feb 20 | $12512 | $ | $ | $12541 |
Mar 20 | $10196 | $ | $ | $10226 |
Apr 20 | $10841 | $ | $ | $10869 |
May 20 | $11216 | $ | $ | $11240 |
Jun 20 | $11475 | $ | $ | $11520 |
Jul 20 | $11919 | $ | $ | $11964 |
Aug 20 | $11930 | $ | $ | $11977 |
Sep 20 | $11787 | $ | $ | $11842 |
Oct 20 | $11604 | $ | $ | $11658 |
Nov 20 | $12464 | $ | $ | $12527 |
Dec 20 | $12745 | $ | $ | $12816 |
Jan 21 | $12538 | $ | $ | $12610 |
Feb 21 | $12461 | $ | $ | $12528 |
Mar 21 | $12481 | $ | $ | $12549 |
Apr 21 | $12707 | $ | $ | $12775 |
May 21 | $12836 | $ | $ | $12904 |
Jun 21 | $12990 | $ | $ | $13061 |
Jul 21 | $13129 | $ | $ | $13201 |
Aug 21 | $13195 | $ | $ | $13272 |
Sep 21 | $12962 | $ | $ | $13037 |
Oct 21 | $13092 | $ | $ | $13170 |
Nov 21 | $12932 | $ | $ | $13008 |
Dec 21 | $13174 | $ | $ | $13255 |
Jan 22 | $12895 | $ | $ | $12977 |
Feb 22 | $12541 | $ | $ | $12621 |
Mar 22 | $12299 | $ | $ | $12401 |
Apr 22 | $11591 | $ | $ | $11662 |
May 22 | $11745 | $ | $ | $11815 |
Jun 22 | $11018 | $ | $ | $11005 |
Jul 22 | $11455 | $ | $ | $11467 |
Aug 22 | $11046 | $ | $ | $11107 |
Sep 22 | $10340 | $ | $ | $10394 |
Oct 22 | $10468 | $ | $ | $10522 |
Nov 22 | $11165 | $ | $ | $11220 |
Dec 22 | $10995 | $ | $ | $11048 |
Jan 23 | $11634 | $ | $ | $11691 |
Feb 23 | $11261 | $ | $ | $11315 |
Mar 23 | $11212 | $ | $ | $11264 |
Apr 23 | $11323 | $ | $ | $11375 |
May 23 | $11112 | $ | $ | $11163 |
Jun 23 | $11456 | $ | $ | $11512 |
Jul 23 | $11700 | $ | $ | $11757 |
Aug 23 | $11544 | $ | $ | $11607 |
Sep 23 | $11400 | $ | $ | $11461 |
Oct 23 | $11182 | $ | $ | $11237 |
Nov 23 | $11769 | $ | $ | $11827 |
Dec 23 | $12209 | $ | $ | $12273 |
Jan 24 | $12149 | $ | $ | $12215 |
Feb 24 | $12173 | $ | $ | $12241 |
Mar 24 | $12304 | $ | $ | $12373 |
Apr 24 | $12180 | $ | $ | $12250 |
May 24 | $12479 | $ | $ | $12553 |
Jun 24 | $12419 | $ | $ | $12498 |
Jul 24 | $12674 | $ | $ | $12756 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | 10 Years |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 0.60% | 2.40% | |
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 8.62 | 0.59 | 2.39 |
5.72 | 0.50 | 1.89 | |
MSCI All Country World Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 17.02 | 11.05 | 8.74 |
8.50 | 0.71 | 2.46 |
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the Bloomberg U.S. Universal Index and MSCI All Country World Index in response to new regulatory requirements.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Five largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Broad USD High Yield Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core 1-5 Year USD Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Preferred and Income Securities ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Floating Rate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares MSCI EAFE Value ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P., MSCI Inc. or Morningstar, Inc. nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares ESG MSCI USA Min Vol Factor ETF | $ |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence (“AI”), particularly in the information technology sector.
In a risk-on environment, stocks with exposure to high volatility, those with significant degrees of price changes, outperformed those with lower volatility characteristics
The U.S. Federal Reserve Bank left rates on hold during the 12-month period as the central bank sought greater confidence in slowing inflationary pressures. As inflation measures became more subdued, expectations increased for interest rate cuts in 2024.
What contributed to performance?
The information technology sector contributed the most to the Fund’s return during the reporting period. Performance was largely driven by a handful of dominant information technology companies that have been able to rapidly innovate, capture significant market share, and generate substantial profits. The software and services industry boosted performance, as several information technology consulting services companies capitalized on growing AI enthusiasm and increased cloud computing demand. Software companies that offer AI solutions via cloud-based infrastructure particularly benefited, as companies sought to incorporate AI without having to invest in data centers. Healthcare stocks also contributed to the Fund’s performance, most notably biotechnology stocks that stand to benefit from potential AI enhancements.
What detracted from performance?
The market environment during the reporting period, especially in 2023, was risk-on, reflecting investors’ positive sentiment. As expected, lower-volatility stocks, or those that experience less price swings, lagged the broader market.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: November 2, 2021 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Oct 21 | $ | $10000 | $10000 |
Nov 21 | $ | $9845 | $9779 |
Dec 21 | $ | $10235 | $10404 |
Jan 22 | $ | $9655 | $9696 |
Feb 22 | $ | $9372 | $9360 |
Mar 22 | $ | $9702 | $9781 |
Apr 22 | $ | $8822 | $9226 |
May 22 | $ | $8803 | $9213 |
Jun 22 | $ | $8074 | $8806 |
Jul 22 | $ | $8827 | $9329 |
Aug 22 | $ | $8482 | $9035 |
Sep 22 | $ | $7695 | $8339 |
Oct 22 | $ | $8306 | $9037 |
Nov 22 | $ | $8758 | $9597 |
Dec 22 | $ | $8243 | $9242 |
Jan 23 | $ | $8790 | $9482 |
Feb 23 | $ | $8575 | $9130 |
Mar 23 | $ | $8880 | $9450 |
Apr 23 | $ | $8993 | $9587 |
May 23 | $ | $9051 | $9258 |
Jun 23 | $ | $9655 | $9763 |
Jul 23 | $ | $9987 | $9930 |
Aug 23 | $ | $9819 | $9826 |
Sep 23 | $ | $9358 | $9438 |
Oct 23 | $ | $9143 | $9320 |
Nov 23 | $ | $10005 | $9983 |
Dec 23 | $ | $10476 | $10312 |
Jan 24 | $ | $10640 | $10451 |
Feb 24 | $ | $11211 | $10696 |
Mar 24 | $ | $11567 | $11025 |
Apr 24 | $ | $11090 | $10594 |
May 24 | $ | $11619 | $10831 |
Jun 24 | $ | $12035 | $10993 |
Jul 24 | $ | $12186 | $11405 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | Since Fund
Inception |
|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | ||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 15.49 | 4.97 |
MSCI USA Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | ||
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the MSCI USA Index in response to new regulatory requirements.
The inception date of the Fund was November 2, 2021. The first day of secondary market trading was November 4, 2021.
What did the Fund invest in?
(as of July 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Vertex Pharmaceuticals, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
International Business Machines Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Motorola Solutions, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Public Service Enterprise Group, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Ferguson PLC........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Amgen, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Marsh & McLennan Companies, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Northrop Grumman Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Texas Instruments, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
WW Grainger, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by MSCI Inc., nor does this company make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the company listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares MSCI USA Min Vol Factor ETF | $ |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence (“AI”), particularly in the information technology sector.
In a risk-on environment, stocks with exposure to high volatility, those with significant degrees of price changes, outperformed those with lower volatility characteristics.
The U.S. Federal Reserve Bank left rates on hold during the 12-month period as the central bank sought greater confidence in slowing inflationary pressures. As inflation measures became more subdued, expectations increased for interest rate cuts in 2024.
What contributed to performance?
The information technology sector contributed the most to the Fund’s return during the reporting period. The software and services industry boosted performance, as several information technology consulting services companies capitalized on growing AI enthusiasm and increased cloud computing demand. Software companies that offer AI solutions via cloud-based infrastructure particularly benefited, as companies sought to incorporate AI without having to invest in data centers. Financial stocks also contributed to the Fund’s performance, most notably insurance companies in the property and casualty segment.
What detracted from performance?
The market environment during the reporting period, especially in 2023, was risk-on, reflecting investors’ positive sentiment. As expected, lower-volatility stocks, or those that experience less price swings, lagged the broader market. A small allocation to equity real estate investment trusts (“REITs”) minorly detracted from the Fund’s performance during the reporting period. REITs were faced with a challenging landscape that included higher mortgage rates, reduced demand, and macroeconomic uncertainty.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Jul 14 | $10000 | $ | $ |
Aug 14 | $10406 | $ | $ |
Sep 14 | $10325 | $ | $ |
Oct 14 | $10769 | $ | $ |
Nov 14 | $11136 | $ | $ |
Dec 14 | $11145 | $ | $ |
Jan 15 | $11090 | $ | $ |
Feb 15 | $11495 | $ | $ |
Mar 15 | $11410 | $ | $ |
Apr 15 | $11343 | $ | $ |
May 15 | $11465 | $ | $ |
Jun 15 | $11210 | $ | $ |
Jul 15 | $11652 | $ | $ |
Aug 15 | $11129 | $ | $ |
Sep 15 | $11065 | $ | $ |
Oct 15 | $11725 | $ | $ |
Nov 15 | $11700 | $ | $ |
Dec 15 | $11759 | $ | $ |
Jan 16 | $11593 | $ | $ |
Feb 16 | $11717 | $ | $ |
Mar 16 | $12420 | $ | $ |
Apr 16 | $12364 | $ | $ |
May 16 | $12559 | $ | $ |
Jun 16 | $13131 | $ | $ |
Jul 16 | $13324 | $ | $ |
Aug 16 | $13063 | $ | $ |
Sep 16 | $12976 | $ | $ |
Oct 16 | $12613 | $ | $ |
Nov 16 | $12693 | $ | $ |
Dec 16 | $12993 | $ | $ |
Jan 17 | $13163 | $ | $ |
Feb 17 | $13758 | $ | $ |
Mar 17 | $13772 | $ | $ |
Apr 17 | $13971 | $ | $ |
May 17 | $14257 | $ | $ |
Jun 17 | $14199 | $ | $ |
Jul 17 | $14483 | $ | $ |
Aug 17 | $14602 | $ | $ |
Sep 17 | $14678 | $ | $ |
Oct 17 | $14961 | $ | $ |
Nov 17 | $15427 | $ | $ |
Dec 17 | $15458 | $ | $ |
Jan 18 | $15997 | $ | $ |
Feb 18 | $15324 | $ | $ |
Mar 18 | $15284 | $ | $ |
Apr 18 | $15293 | $ | $ |
May 18 | $15461 | $ | $ |
Jun 18 | $15720 | $ | $ |
Jul 18 | $16244 | $ | $ |
Aug 18 | $16744 | $ | $ |
Sep 18 | $16950 | $ | $ |
Oct 18 | $16266 | $ | $ |
Nov 18 | $16869 | $ | $ |
Dec 18 | $15668 | $ | $ |
Jan 19 | $16571 | $ | $ |
Feb 19 | $17196 | $ | $ |
Mar 19 | $17657 | $ | $ |
Apr 19 | $18041 | $ | $ |
May 19 | $17747 | $ | $ |
Jun 19 | $18638 | $ | $ |
Jul 19 | $18943 | $ | $ |
Aug 19 | $19257 | $ | $ |
Sep 19 | $19428 | $ | $ |
Oct 19 | $19395 | $ | $ |
Nov 19 | $19649 | $ | $ |
Dec 19 | $20019 | $ | $ |
Jan 20 | $20482 | $ | $ |
Feb 20 | $18820 | $ | $ |
Mar 20 | $16575 | $ | $ |
Apr 20 | $18116 | $ | $ |
May 20 | $18904 | $ | $ |
Jun 20 | $18706 | $ | $ |
Jul 20 | $19545 | $ | $ |
Aug 20 | $20106 | $ | $ |
Sep 20 | $19777 | $ | $ |
Oct 20 | $19095 | $ | $ |
Nov 20 | $20660 | $ | $ |
Dec 20 | $21141 | $ | $ |
Jan 21 | $20574 | $ | $ |
Feb 21 | $20493 | $ | $ |
Mar 21 | $21622 | $ | $ |
Apr 21 | $22498 | $ | $ |
May 21 | $22679 | $ | $ |
Jun 21 | $23087 | $ | $ |
Jul 21 | $23889 | $ | $ |
Aug 21 | $24350 | $ | $ |
Sep 21 | $23139 | $ | $ |
Oct 21 | $24401 | $ | $ |
Nov 21 | $23917 | $ | $ |
Dec 21 | $25537 | $ | $ |
Jan 22 | $24028 | $ | $ |
Feb 22 | $23292 | $ | $ |
Mar 22 | $24568 | $ | $ |
Apr 22 | $23272 | $ | $ |
May 22 | $23266 | $ | $ |
Jun 22 | $22309 | $ | $ |
Jul 22 | $23447 | $ | $ |
Aug 22 | $22727 | $ | $ |
Sep 22 | $21094 | $ | $ |
Oct 22 | $22740 | $ | $ |
Nov 22 | $24051 | $ | $ |
Dec 22 | $23149 | $ | $ |
Jan 23 | $23490 | $ | $ |
Feb 23 | $22681 | $ | $ |
Mar 23 | $23444 | $ | $ |
Apr 23 | $23793 | $ | $ |
May 23 | $23020 | $ | $ |
Jun 23 | $24055 | $ | $ |
Jul 23 | $24379 | $ | $ |
Aug 23 | $24241 | $ | $ |
Sep 23 | $23554 | $ | $ |
Oct 23 | $23347 | $ | $ |
Nov 23 | $24842 | $ | $ |
Dec 23 | $25513 | $ | $ |
Jan 24 | $26085 | $ | $ |
Feb 24 | $26629 | $ | $ |
Mar 24 | $27466 | $ | $ |
Apr 24 | $26448 | $ | $ |
May 24 | $27187 | $ | $ |
Jun 24 | $27672 | $ | $ |
Jul 24 | $28702 | $ | $ |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | 10 Years |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 17.70 | 8.67 | 11.11 |
MSCI USA Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the MSCI USA Index in response to new regulatory requirements.
What did the Fund invest in?
(as of July 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
T-Mobile U.S., Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
International Business Machines Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Motorola Solutions, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Waste Connections, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Berkshire Hathaway, Inc., Class B........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Duke Energy Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Republic Services, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Chubb Ltd......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Walmart, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Northrop Grumman Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by MSCI Inc., nor does this company make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the company listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares MSCI USA Momentum Factor ETF | $ |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence (“AI”) particularly in the information technology sector.
The U.S. Federal Reserve Bank left rates on hold during the 12-month period as the central bank sought greater confidence in slowing inflationary pressures. As inflation measures became more subdued, expectations increased for interest rate cuts in 2024.
Despite strong economic data, companies saddled with high debt or little to no growth were discounted as a result of restrictive rates and persistent inflation, while companies with strong balance sheets or earnings were rewarded.
What contributed to performance?
Stronger-than-expected economic and earnings growth helped large-capitalization equities during the reporting period. The information technology sector contributed the most to the Fund’s return, as the ongoing trend of AI adoption created strong momentum within the sector, particularly among mega-capitalization companies. Within the sector, companies responsible for the manufacturing of the semiconductor chips needed to power AI strongly contributed to performance, aided by increased demand for their products and strong tariffs limiting imports.
The industrials sector also contributed to the Fund's return, with strong performance in the capital goods industry. Aerospace and defense companies benefited from increasing air travel demand, continued global unrest, and expansion efforts during the reporting period. Within the healthcare sector, pharmaceutical companies producing the increasingly popular GLP-1 drug therapies for chronic weight management also contributed to performance.
What detracted from performance?
As both stocks and bonds enjoyed healthy returns for the reporting period ended July 31, 2024, there were no material detractors to the Fund’s return.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. The views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Jul 14 | $10000 | $ | $ |
Aug 14 | $10464 | $ | $ |
Sep 14 | $10400 | $ | $ |
Oct 14 | $10640 | $ | $ |
Nov 14 | $11039 | $ | $ |
Dec 14 | $10923 | $ | $ |
Jan 15 | $10857 | $ | $ |
Feb 15 | $11448 | $ | $ |
Mar 15 | $11315 | $ | $ |
Apr 15 | $11215 | $ | $ |
May 15 | $11582 | $ | $ |
Jun 15 | $11551 | $ | $ |
Jul 15 | $11998 | $ | $ |
Aug 15 | $11282 | $ | $ |
Sep 15 | $11065 | $ | $ |
Oct 15 | $11868 | $ | $ |
Nov 15 | $11928 | $ | $ |
Dec 15 | $11920 | $ | $ |
Jan 16 | $11479 | $ | $ |
Feb 16 | $11328 | $ | $ |
Mar 16 | $11922 | $ | $ |
Apr 16 | $11844 | $ | $ |
May 16 | $12134 | $ | $ |
Jun 16 | $12495 | $ | $ |
Jul 16 | $12829 | $ | $ |
Aug 16 | $12641 | $ | $ |
Sep 16 | $12700 | $ | $ |
Oct 16 | $12451 | $ | $ |
Nov 16 | $12375 | $ | $ |
Dec 16 | $12503 | $ | $ |
Jan 17 | $12919 | $ | $ |
Feb 17 | $13396 | $ | $ |
Mar 17 | $13681 | $ | $ |
Apr 17 | $14025 | $ | $ |
May 17 | $14700 | $ | $ |
Jun 17 | $14756 | $ | $ |
Jul 17 | $15259 | $ | $ |
Aug 17 | $15485 | $ | $ |
Sep 17 | $15928 | $ | $ |
Oct 17 | $16722 | $ | $ |
Nov 17 | $17188 | $ | $ |
Dec 17 | $17204 | $ | $ |
Jan 18 | $18613 | $ | $ |
Feb 18 | $18347 | $ | $ |
Mar 18 | $17676 | $ | $ |
Apr 18 | $17812 | $ | $ |
May 18 | $18433 | $ | $ |
Jun 18 | $18404 | $ | $ |
Jul 18 | $18747 | $ | $ |
Aug 18 | $19843 | $ | $ |
Sep 18 | $20025 | $ | $ |
Oct 18 | $18062 | $ | $ |
Nov 18 | $18309 | $ | $ |
Dec 18 | $16900 | $ | $ |
Jan 19 | $18025 | $ | $ |
Feb 19 | $18624 | $ | $ |
Mar 19 | $19028 | $ | $ |
Apr 19 | $19467 | $ | $ |
May 19 | $19017 | $ | $ |
Jun 19 | $20199 | $ | $ |
Jul 19 | $20567 | $ | $ |
Aug 19 | $20620 | $ | $ |
Sep 19 | $20370 | $ | $ |
Oct 19 | $20495 | $ | $ |
Nov 19 | $21182 | $ | $ |
Dec 19 | $21559 | $ | $ |
Jan 20 | $22350 | $ | $ |
Feb 20 | $20705 | $ | $ |
Mar 20 | $18342 | $ | $ |
Apr 20 | $20497 | $ | $ |
May 20 | $21717 | $ | $ |
Jun 20 | $22662 | $ | $ |
Jul 20 | $24208 | $ | $ |
Aug 20 | $26545 | $ | $ |
Sep 20 | $25513 | $ | $ |
Oct 20 | $24444 | $ | $ |
Nov 20 | $27024 | $ | $ |
Dec 20 | $27960 | $ | $ |
Jan 21 | $28425 | $ | $ |
Feb 21 | $28257 | $ | $ |
Mar 21 | $27906 | $ | $ |
Apr 21 | $29887 | $ | $ |
May 21 | $29556 | $ | $ |
Jun 21 | $30118 | $ | $ |
Jul 21 | $30398 | $ | $ |
Aug 21 | $31657 | $ | $ |
Sep 21 | $30551 | $ | $ |
Oct 21 | $33164 | $ | $ |
Nov 21 | $31881 | $ | $ |
Dec 21 | $31722 | $ | $ |
Jan 22 | $28849 | $ | $ |
Feb 22 | $28080 | $ | $ |
Mar 22 | $29381 | $ | $ |
Apr 22 | $25685 | $ | $ |
May 22 | $25544 | $ | $ |
Jun 22 | $23886 | $ | $ |
Jul 22 | $25123 | $ | $ |
Aug 22 | $24643 | $ | $ |
Sep 22 | $23153 | $ | $ |
Oct 22 | $26052 | $ | $ |
Nov 22 | $26978 | $ | $ |
Dec 22 | $25938 | $ | $ |
Jan 23 | $25771 | $ | $ |
Feb 23 | $24746 | $ | $ |
Mar 23 | $24842 | $ | $ |
Apr 23 | $25444 | $ | $ |
May 23 | $24197 | $ | $ |
Jun 23 | $25883 | $ | $ |
Jul 23 | $26329 | $ | $ |
Aug 23 | $26403 | $ | $ |
Sep 23 | $25139 | $ | $ |
Oct 23 | $24727 | $ | $ |
Nov 23 | $27005 | $ | $ |
Dec 23 | $28299 | $ | $ |
Jan 24 | $29884 | $ | $ |
Feb 24 | $32887 | $ | $ |
Mar 24 | $33843 | $ | $ |
Apr 24 | $31963 | $ | $ |
May 24 | $33667 | $ | $ |
Jun 24 | $35204 | $ | $ |
Jul 24 | $34514 | $ | $ |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | 10 Years |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 31.07 | 10.91 | 13.18 |
MSCI USA Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the MSCI USA Index in response to new regulatory requirements.
The performance of the MSCI USA Momentum SR Variant Index in this report reflects the performance of the MSCI USA Momentum Index through November 22, 2020 and, beginning on November 23, 2020, the performance of the MSCI USA Momentum SR Variant Index.
What did the Fund invest in?
(as of July 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
NVIDIA Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Broadcom, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Eli Lilly & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
JPMorgan Chase & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Amazon.com, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Meta Platforms, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Costco Wholesale Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
General Electric Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Advanced Micro Devices, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Netflix, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by MSCI Inc., nor does this company make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the company listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares MSCI USA Quality Factor ETF | $ |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence (“AI”) particularly in the information technology sector.
The U.S. Federal Reserve Bank left rates on hold during the 12-month period as the central bank sought greater confidence in slowing inflationary pressures. As inflation measures became more subdued, expectations increased for interest rate cuts in 2024.
Despite strong economic data, companies saddled with high debt and/or little to no growth were discounted as a result of restrictive rates and persistent inflation.
What contributed to performance?
Stronger-than-expected economic and earnings growth helped large-capitalization equities during the reporting period. The information technology sector contributed the most to the Fund’s return, as the ongoing trend of AI adoption created strong momentum within the sector, particularly among mega-capitalization companies. Within the sector, companies responsible for the manufacturing of the semiconductor chips needed to power AI strongly contributed to performance, aided by increased demand for their products and strong tariffs limiting imports.
The healthcare sector also contributed to the Fund’s return, with particularly strong performance in the pharmaceutical industry. Pharmaceutical companies producing the increasingly popular GLP-1 drug therapies for chronic weight management contributed to performance.
What detracted from performance?
As both stocks and bonds enjoyed healthy returns for the reporting period ended July 31, 2024, there were no material detractors to the Fund’s return.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Jul 14 | $10000 | $ | $ |
Aug 14 | $10451 | $ | $ |
Sep 14 | $10342 | $ | $ |
Oct 14 | $10639 | $ | $ |
Nov 14 | $10891 | $ | $ |
Dec 14 | $10853 | $ | $ |
Jan 15 | $10670 | $ | $ |
Feb 15 | $11312 | $ | $ |
Mar 15 | $11135 | $ | $ |
Apr 15 | $11168 | $ | $ |
May 15 | $11329 | $ | $ |
Jun 15 | $11106 | $ | $ |
Jul 15 | $11430 | $ | $ |
Aug 15 | $10816 | $ | $ |
Sep 15 | $10683 | $ | $ |
Oct 15 | $11600 | $ | $ |
Nov 15 | $11648 | $ | $ |
Dec 15 | $11456 | $ | $ |
Jan 16 | $10944 | $ | $ |
Feb 16 | $11002 | $ | $ |
Mar 16 | $11700 | $ | $ |
Apr 16 | $11659 | $ | $ |
May 16 | $11777 | $ | $ |
Jun 16 | $11837 | $ | $ |
Jul 16 | $12196 | $ | $ |
Aug 16 | $12172 | $ | $ |
Sep 16 | $12159 | $ | $ |
Oct 16 | $11910 | $ | $ |
Nov 16 | $12261 | $ | $ |
Dec 16 | $12508 | $ | $ |
Jan 17 | $12660 | $ | $ |
Feb 17 | $13254 | $ | $ |
Mar 17 | $13250 | $ | $ |
Apr 17 | $13323 | $ | $ |
May 17 | $13530 | $ | $ |
Jun 17 | $13609 | $ | $ |
Jul 17 | $13735 | $ | $ |
Aug 17 | $13810 | $ | $ |
Sep 17 | $14176 | $ | $ |
Oct 17 | $14582 | $ | $ |
Nov 17 | $15124 | $ | $ |
Dec 17 | $15293 | $ | $ |
Jan 18 | $15992 | $ | $ |
Feb 18 | $15540 | $ | $ |
Mar 18 | $15335 | $ | $ |
Apr 18 | $15129 | $ | $ |
May 18 | $15544 | $ | $ |
Jun 18 | $15536 | $ | $ |
Jul 18 | $16119 | $ | $ |
Aug 18 | $16713 | $ | $ |
Sep 18 | $16896 | $ | $ |
Oct 18 | $15630 | $ | $ |
Nov 18 | $15787 | $ | $ |
Dec 18 | $14410 | $ | $ |
Jan 19 | $15619 | $ | $ |
Feb 19 | $16296 | $ | $ |
Mar 19 | $16716 | $ | $ |
Apr 19 | $17348 | $ | $ |
May 19 | $16199 | $ | $ |
Jun 19 | $17360 | $ | $ |
Jul 19 | $17592 | $ | $ |
Aug 19 | $17292 | $ | $ |
Sep 19 | $17591 | $ | $ |
Oct 19 | $17986 | $ | $ |
Nov 19 | $18782 | $ | $ |
Dec 19 | $19330 | $ | $ |
Jan 20 | $19199 | $ | $ |
Feb 20 | $17591 | $ | $ |
Mar 20 | $15580 | $ | $ |
Apr 20 | $17505 | $ | $ |
May 20 | $18480 | $ | $ |
Jun 20 | $18523 | $ | $ |
Jul 20 | $19417 | $ | $ |
Aug 20 | $20772 | $ | $ |
Sep 20 | $20118 | $ | $ |
Oct 20 | $19557 | $ | $ |
Nov 20 | $21798 | $ | $ |
Dec 20 | $22609 | $ | $ |
Jan 21 | $21971 | $ | $ |
Feb 21 | $22693 | $ | $ |
Mar 21 | $23778 | $ | $ |
Apr 21 | $24935 | $ | $ |
May 21 | $25201 | $ | $ |
Jun 21 | $26037 | $ | $ |
Jul 21 | $26917 | $ | $ |
Aug 21 | $27682 | $ | $ |
Sep 21 | $25910 | $ | $ |
Oct 21 | $27894 | $ | $ |
Nov 21 | $27719 | $ | $ |
Dec 21 | $28692 | $ | $ |
Jan 22 | $26716 | $ | $ |
Feb 22 | $25604 | $ | $ |
Mar 22 | $26565 | $ | $ |
Apr 22 | $24422 | $ | $ |
May 22 | $24378 | $ | $ |
Jun 22 | $22172 | $ | $ |
Jul 22 | $24201 | $ | $ |
Aug 22 | $22985 | $ | $ |
Sep 22 | $20729 | $ | $ |
Oct 22 | $22436 | $ | $ |
Nov 22 | $24192 | $ | $ |
Dec 22 | $22841 | $ | $ |
Jan 23 | $24444 | $ | $ |
Feb 23 | $23789 | $ | $ |
Mar 23 | $24928 | $ | $ |
Apr 23 | $25342 | $ | $ |
May 23 | $25513 | $ | $ |
Jun 23 | $27174 | $ | $ |
Jul 23 | $28188 | $ | $ |
Aug 23 | $28072 | $ | $ |
Sep 23 | $26645 | $ | $ |
Oct 23 | $26269 | $ | $ |
Nov 23 | $28516 | $ | $ |
Dec 23 | $29884 | $ | $ |
Jan 24 | $30555 | $ | $ |
Feb 24 | $32549 | $ | $ |
Mar 24 | $33416 | $ | $ |
Apr 24 | $31935 | $ | $ |
May 24 | $33711 | $ | $ |
Jun 24 | $34779 | $ | $ |
Jul 24 | $35034 | $ | $ |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | 10 Years |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 24.20 | 14.77 | 13.35 |
MSCI USA Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the MSCI USA Index in response to new regulatory requirements.
The performance of the MSCI USA Sector Neutral Quality Index in this report reflects the performance of the MSCI USA Quality Index through August 31, 2015 and, beginning on September 1, 2015, the performance of the MSCI USA Sector Neutral Quality Index.
What did the Fund invest in?
(as of July 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
NVIDIA Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Apple, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Microsoft Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Visa, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Mastercard, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Eli Lilly & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Meta Platforms, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
UnitedHealth Group, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Costco Wholesale Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Johnson & Johnson........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by MSCI Inc., nor does this company make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the company listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares MSCI USA Size Factor ETF | $ |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence particularly in the information technology sector.
The U.S. Federal Reserve Bank left rates on hold during the 12-month period as the central bank sought greater confidence in slowing inflationary pressures. As inflation measures became more subdued, expectations increased for interest rate cuts in 2024.
Despite strong economic data, companies saddled with high debt and/or little to no growth were discounted as a result of restrictive rates and persistent inflation.
What contributed to performance?
Stronger-than-expected economic and earnings growth helped the performance of U.S. large-capitalization equities during the reporting period. The financials sector contributed the most to the Fund’s return, as healthy bank balance sheets and the prospect of interest rates remaining higher for longer benefited the sector. Within the financials sector, enhanced wealth management fees positively impacted asset management firms.
The industrials sector also contributed to the Fund’s return, with strong performance in the capital goods industry. Aerospace and defense companies benefited from increasing air travel demand, continued global unrest, and expansion efforts during the reporting period. Within the information technology sector, the ongoing trend of AI adoption created solid momentum and drove returns.
What detracted from performance?
The consumer staples sector detracted the most from the Fund’s return during the reporting period, particularly within the food, beverage, and tobacco industry. As economic conditions softened but pricing pressures remained elevated, consumers continued to trade down for cheaper products at grocery stores.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Jul 14 | $10000 | $ | $ |
Aug 14 | $10423 | $ | $ |
Sep 14 | $10210 | $ | $ |
Oct 14 | $10609 | $ | $ |
Nov 14 | $10902 | $ | $ |
Dec 14 | $10965 | $ | $ |
Jan 15 | $10774 | $ | $ |
Feb 15 | $11254 | $ | $ |
Mar 15 | $11204 | $ | $ |
Apr 15 | $11132 | $ | $ |
May 15 | $11273 | $ | $ |
Jun 15 | $11041 | $ | $ |
Jul 15 | $11289 | $ | $ |
Aug 15 | $10688 | $ | $ |
Sep 15 | $10483 | $ | $ |
Oct 15 | $11162 | $ | $ |
Nov 15 | $11211 | $ | $ |
Dec 15 | $11005 | $ | $ |
Jan 16 | $10491 | $ | $ |
Feb 16 | $10587 | $ | $ |
Mar 16 | $11362 | $ | $ |
Apr 16 | $11424 | $ | $ |
May 16 | $11626 | $ | $ |
Jun 16 | $11745 | $ | $ |
Jul 16 | $12123 | $ | $ |
Aug 16 | $12107 | $ | $ |
Sep 16 | $12063 | $ | $ |
Oct 16 | $11793 | $ | $ |
Nov 16 | $12267 | $ | $ |
Dec 16 | $12471 | $ | $ |
Jan 17 | $12708 | $ | $ |
Feb 17 | $13216 | $ | $ |
Mar 17 | $13181 | $ | $ |
Apr 17 | $13307 | $ | $ |
May 17 | $13489 | $ | $ |
Jun 17 | $13616 | $ | $ |
Jul 17 | $13812 | $ | $ |
Aug 17 | $13759 | $ | $ |
Sep 17 | $14006 | $ | $ |
Oct 17 | $14231 | $ | $ |
Nov 17 | $14762 | $ | $ |
Dec 17 | $14825 | $ | $ |
Jan 18 | $15404 | $ | $ |
Feb 18 | $14749 | $ | $ |
Mar 18 | $14687 | $ | $ |
Apr 18 | $14664 | $ | $ |
May 18 | $14824 | $ | $ |
Jun 18 | $14997 | $ | $ |
Jul 18 | $15491 | $ | $ |
Aug 18 | $15815 | $ | $ |
Sep 18 | $15839 | $ | $ |
Oct 18 | $14898 | $ | $ |
Nov 18 | $15401 | $ | $ |
Dec 18 | $13861 | $ | $ |
Jan 19 | $15271 | $ | $ |
Feb 19 | $15878 | $ | $ |
Mar 19 | $15975 | $ | $ |
Apr 19 | $16570 | $ | $ |
May 19 | $15434 | $ | $ |
Jun 19 | $16594 | $ | $ |
Jul 19 | $16771 | $ | $ |
Aug 19 | $16210 | $ | $ |
Sep 19 | $16623 | $ | $ |
Oct 19 | $16837 | $ | $ |
Nov 19 | $17459 | $ | $ |
Dec 19 | $17889 | $ | $ |
Jan 20 | $17674 | $ | $ |
Feb 20 | $16135 | $ | $ |
Mar 20 | $13193 | $ | $ |
Apr 20 | $15012 | $ | $ |
May 20 | $16001 | $ | $ |
Jun 20 | $16255 | $ | $ |
Jul 20 | $17092 | $ | $ |
Aug 20 | $17858 | $ | $ |
Sep 20 | $17493 | $ | $ |
Oct 20 | $17443 | $ | $ |
Nov 20 | $19935 | $ | $ |
Dec 20 | $20806 | $ | $ |
Jan 21 | $20607 | $ | $ |
Feb 21 | $21692 | $ | $ |
Mar 21 | $22490 | $ | $ |
Apr 21 | $23599 | $ | $ |
May 21 | $23950 | $ | $ |
Jun 21 | $24345 | $ | $ |
Jul 21 | $24659 | $ | $ |
Aug 21 | $25235 | $ | $ |
Sep 21 | $24120 | $ | $ |
Oct 21 | $25567 | $ | $ |
Nov 21 | $24855 | $ | $ |
Dec 21 | $26014 | $ | $ |
Jan 22 | $24485 | $ | $ |
Feb 22 | $24198 | $ | $ |
Mar 22 | $24782 | $ | $ |
Apr 22 | $23020 | $ | $ |
May 22 | $23136 | $ | $ |
Jun 22 | $20978 | $ | $ |
Jul 22 | $22847 | $ | $ |
Aug 22 | $22106 | $ | $ |
Sep 22 | $20002 | $ | $ |
Oct 22 | $21757 | $ | $ |
Nov 22 | $23098 | $ | $ |
Dec 22 | $21894 | $ | $ |
Jan 23 | $23703 | $ | $ |
Feb 23 | $22909 | $ | $ |
Mar 23 | $22770 | $ | $ |
Apr 23 | $22614 | $ | $ |
May 23 | $22116 | $ | $ |
Jun 23 | $23813 | $ | $ |
Jul 23 | $24817 | $ | $ |
Aug 23 | $24003 | $ | $ |
Sep 23 | $22871 | $ | $ |
Oct 23 | $21840 | $ | $ |
Nov 23 | $24003 | $ | $ |
Dec 23 | $25799 | $ | $ |
Jan 24 | $25565 | $ | $ |
Feb 24 | $26732 | $ | $ |
Mar 24 | $27900 | $ | $ |
Apr 24 | $26422 | $ | $ |
May 24 | $27093 | $ | $ |
Jun 24 | $27058 | $ | $ |
Jul 24 | $28177 | $ | $ |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | 10 Years |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 13.69 | 10.94 | 10.92 |
MSCI USA Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the MSCI USA Index in response to new regulatory requirements.
The performance of the MSCI USA Low Size Index in this report reflects the performance of the MSCI USA Risk Weighted Index through December 2, 2018 and, beginning on December 3, 2018, the performance of the MSCI USA Low Size Index.
What did the Fund invest in?
(as of July 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Rivian Automotive, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Alnylam Pharmaceuticals, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Burlington Stores, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Texas Pacific Land Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Charter Communications, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Match Group, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
ROBLOX Corp., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Qorvo, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Skyworks Solutions, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
CBRE Group, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by MSCI Inc., nor does this company make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the company listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares MSCI USA Value Factor ETF | $ |
How did the Fund perform last year?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher during the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence (“AI”) particularly in the information technology sector.
The U.S. Federal Reserve Bank left rates on hold during the 12-month period as the central bank sought greater confidence in slowing inflationary pressures. As inflation measures became more subdued, expectations increased for interest rate cuts in 2024.
What contributed to performance?
The financials sector contributed the most to the Fund’s return, as healthy bank balance sheets and the prospect of higher-for-longer interest rates benefited the sector during the reporting period. Elevated interest rates allowed banks to lend at improved margins, increasing their profitability. The performance of asset management firms gained on enhanced fees from wealth management units. The information technology sector also contributed to performance. The ongoing trend of AI adoption created strong momentum across the sector, and firms benefited from the increased investment in technology spending. Companies that provide hardware and storage gained on greater demand for storage solutions, innovations, and solid growth prospects.
What detracted from performance?
The consumer staples sector detracted the most from the Fund’s return during the reporting period, most notably drug retail companies. Drugstore chains experienced slower-than-expected patient growth and difficulties stemming from changes to the Medicare reimbursement program. Medicare is the single largest payer for healthcare services in the United States. In the healthcare sector, some of the larger pharmaceutical companies were pressured as they faced upcoming patent expirations and waning demand for COVID-related treatments.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Jul 14 | $10000 | $ | $ |
Aug 14 | $10375 | $ | $ |
Sep 14 | $10172 | $ | $ |
Oct 14 | $10381 | $ | $ |
Nov 14 | $10603 | $ | $ |
Dec 14 | $10630 | $ | $ |
Jan 15 | $10202 | $ | $ |
Feb 15 | $10812 | $ | $ |
Mar 15 | $10653 | $ | $ |
Apr 15 | $10781 | $ | $ |
May 15 | $10891 | $ | $ |
Jun 15 | $10674 | $ | $ |
Jul 15 | $10756 | $ | $ |
Aug 15 | $10110 | $ | $ |
Sep 15 | $9821 | $ | $ |
Oct 15 | $10546 | $ | $ |
Nov 15 | $10474 | $ | $ |
Dec 15 | $10253 | $ | $ |
Jan 16 | $9418 | $ | $ |
Feb 16 | $9536 | $ | $ |
Mar 16 | $10208 | $ | $ |
Apr 16 | $10285 | $ | $ |
May 16 | $10436 | $ | $ |
Jun 16 | $10308 | $ | $ |
Jul 16 | $10775 | $ | $ |
Aug 16 | $10906 | $ | $ |
Sep 16 | $10986 | $ | $ |
Oct 16 | $10850 | $ | $ |
Nov 16 | $11607 | $ | $ |
Dec 16 | $11861 | $ | $ |
Jan 17 | $12020 | $ | $ |
Feb 17 | $12573 | $ | $ |
Mar 17 | $12429 | $ | $ |
Apr 17 | $12453 | $ | $ |
May 17 | $12439 | $ | $ |
Jun 17 | $12591 | $ | $ |
Jul 17 | $12834 | $ | $ |
Aug 17 | $12864 | $ | $ |
Sep 17 | $13318 | $ | $ |
Oct 17 | $13658 | $ | $ |
Nov 17 | $14236 | $ | $ |
Dec 17 | $14466 | $ | $ |
Jan 18 | $15093 | $ | $ |
Feb 18 | $14605 | $ | $ |
Mar 18 | $14268 | $ | $ |
Apr 18 | $14329 | $ | $ |
May 18 | $14611 | $ | $ |
Jun 18 | $14457 | $ | $ |
Jul 18 | $14947 | $ | $ |
Aug 18 | $15493 | $ | $ |
Sep 18 | $15465 | $ | $ |
Oct 18 | $14553 | $ | $ |
Nov 18 | $14474 | $ | $ |
Dec 18 | $12849 | $ | $ |
Jan 19 | $14129 | $ | $ |
Feb 19 | $14402 | $ | $ |
Mar 19 | $14266 | $ | $ |
Apr 19 | $14759 | $ | $ |
May 19 | $13339 | $ | $ |
Jun 19 | $14601 | $ | $ |
Jul 19 | $14846 | $ | $ |
Aug 19 | $14187 | $ | $ |
Sep 19 | $14866 | $ | $ |
Oct 19 | $15282 | $ | $ |
Nov 19 | $15846 | $ | $ |
Dec 19 | $16377 | $ | $ |
Jan 20 | $15757 | $ | $ |
Feb 20 | $14230 | $ | $ |
Mar 20 | $11595 | $ | $ |
Apr 20 | $12909 | $ | $ |
May 20 | $13375 | $ | $ |
Jun 20 | $13407 | $ | $ |
Jul 20 | $13535 | $ | $ |
Aug 20 | $14069 | $ | $ |
Sep 20 | $13777 | $ | $ |
Oct 20 | $13615 | $ | $ |
Nov 20 | $15853 | $ | $ |
Dec 20 | $16326 | $ | $ |
Jan 21 | $16865 | $ | $ |
Feb 21 | $18035 | $ | $ |
Mar 21 | $19332 | $ | $ |
Apr 21 | $19666 | $ | $ |
May 21 | $20234 | $ | $ |
Jun 21 | $19929 | $ | $ |
Jul 21 | $19775 | $ | $ |
Aug 21 | $19938 | $ | $ |
Sep 21 | $19230 | $ | $ |
Oct 21 | $19710 | $ | $ |
Nov 21 | $19528 | $ | $ |
Dec 21 | $21056 | $ | $ |
Jan 22 | $20650 | $ | $ |
Feb 22 | $20198 | $ | $ |
Mar 22 | $20256 | $ | $ |
Apr 22 | $19089 | $ | $ |
May 22 | $19830 | $ | $ |
Jun 22 | $17645 | $ | $ |
Jul 22 | $18690 | $ | $ |
Aug 22 | $18029 | $ | $ |
Sep 22 | $16094 | $ | $ |
Oct 22 | $18208 | $ | $ |
Nov 22 | $19267 | $ | $ |
Dec 22 | $18080 | $ | $ |
Jan 23 | $19366 | $ | $ |
Feb 23 | $18610 | $ | $ |
Mar 23 | $18530 | $ | $ |
Apr 23 | $18326 | $ | $ |
May 23 | $17650 | $ | $ |
Jun 23 | $18886 | $ | $ |
Jul 23 | $19581 | $ | $ |
Aug 23 | $19014 | $ | $ |
Sep 23 | $18403 | $ | $ |
Oct 23 | $17744 | $ | $ |
Nov 23 | $19194 | $ | $ |
Dec 23 | $20658 | $ | $ |
Jan 24 | $20483 | $ | $ |
Feb 24 | $21017 | $ | $ |
Mar 24 | $22270 | $ | $ |
Apr 24 | $20750 | $ | $ |
May 24 | $21382 | $ | $ |
Jun 24 | $21374 | $ | $ |
Jul 24 | $22239 | $ | $ |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | 10 Years |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 13.54 | 8.41 | 8.32 |
MSCI USA Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
The Fund has added the MSCI USA Index in response to new regulatory requirements.
The performance of the MSCI USA Enhanced Value Index in this report reflects the performance of the MSCI USA Value Weighted Index through August 31, 2015 and, beginning on September 1, 2015, the performance of the MSCI USA Enhanced Value Index.
What did the Fund invest in?
(as of July 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Cisco Systems, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
AT&T, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Intel Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
International Business Machines Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Applied Materials, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Verizon Communications, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
General Motors Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Pfizer, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Bank of America Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
RTX Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by MSCI Inc., nor does this company make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the company listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
iShares® LifePath® Retirement ETF
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares LifePath Retirement ETF | $ |
⁽ᵃ⁾ The Fund commenced operations during the reporting period.
⁽ᵇ⁾ Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.
⁽ᶜ⁾ Annualized.
How did the Fund perform during the period?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher for the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Central bank actions began to diverge as the European Central Bank cut its primary lending rate, the U.S. Federal Reserve Bank left interest rates unchanged, and the Bank of Japan exited its zero-interest rate policy that it had held since 2016.
Bonds underperformed equities but still delivered generally positive total returns during the reporting period.
What contributed to performance?
Both equity and fixed income asset classes advanced during the reporting period. Across the LifePath® vintages, U.S. large-capitalization stocks were the largest driver of returns. The information technology sector was led by several firms that rapidly innovated, captured significant market share, and generated substantial profits. International developed stocks benefited from the sharp rally in Japanese stocks, supported by central bank actions and improved corporate governance.
The bond allocation also gained during the reporting period. Treasury yields (yields move inversely to price) experienced extreme fluctuations as shifting monetary policy decisions and geopolitical events created uncertainty and volatility. Mortgage-backed securities benefited as they provided higher yields than those of U.S. Treasuries, especially as investors sought higher returns. Investment-grade corporate bonds gained amid stable corporate fundamentals.
What detracted from performance?
Given the strength of equity and bond markets during the reporting period, there were no material detractors to the Fund’s performance.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: October 17, 2023 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Sep 23 | $ | $10000 | $10000 |
Oct 23 | $ | $9982 | $9573 |
Nov 23 | $ | $10434 | $10467 |
Dec 23 | $ | $10833 | $10984 |
Jan 24 | $ | $10803 | $11137 |
Feb 24 | $ | $10651 | $11739 |
Mar 24 | $ | $10749 | $12115 |
Apr 24 | $ | $10478 | $11600 |
May 24 | $ | $10655 | $12146 |
Jun 24 | $ | $10756 | $12548 |
Jul 24 | $ | $11007 | $12730 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
As of the date of this report, the Fund does not have a full fiscal year of performance information to report.
The inception date of the Fund was October 17, 2023. The first day of secondary market trading was October 19, 2023.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Russell 1000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares U.S. Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares MBS ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 0-5 Year TIPS Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10-20 Year Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 1-5 Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 5-10 Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10+ Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P. or FTSE Russell, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
iShares® LifePath® Target Date 2025 ETF
This report describes changes to the Fund that occurred during the reporting period.
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares LifePath Target Date 2025 ETF | $ |
⁽ᵃ⁾ The Fund commenced operations during the reporting period.
⁽ᵇ⁾ Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.
⁽ᶜ⁾ Annualized.
How did the Fund perform during the period?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher for the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Central bank actions began to diverge as the European Central Bank cut its primary lending rate, the U.S. Federal Reserve Bank left interest rates unchanged, and the Bank of Japan exited its zero-interest rate policy that it had held since 2016.
Bonds underperformed equities but still delivered generally positive total returns during the reporting period.
What contributed to performance?
Both equity and fixed income asset classes advanced during the reporting period. Across the LifePath® vintages, U.S. large-capitalization stocks were the largest driver of returns. The information technology sector was led by several firms that rapidly innovated, captured significant market share, and generated substantial profits. International developed stocks benefited from the sharp rally in Japanese stocks, supported by central bank actions and improved corporate governance.
The bond allocation also gained during the reporting period. Treasury yields (yields move inversely to price) experienced extreme fluctuations as shifting monetary policy decisions and geopolitical events created uncertainty and volatility. Mortgage-backed securities benefited as they provided higher yields than those of U.S. Treasuries, especially as investors sought higher returns. Investment-grade corporate bonds gained amid stable corporate fundamentals.
What detracted from performance?
Given the strength of equity and bond markets during the reporting period, there were no material detractors to the Fund’s performance.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: October 17, 2023 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Sep 23 | $ | $10000 | $10000 |
Oct 23 | $ | $9982 | $9573 |
Nov 23 | $ | $10434 | $10467 |
Dec 23 | $ | $10833 | $10984 |
Jan 24 | $ | $10803 | $11137 |
Feb 24 | $ | $10651 | $11739 |
Mar 24 | $ | $10749 | $12115 |
Apr 24 | $ | $10478 | $11600 |
May 24 | $ | $10655 | $12146 |
Jun 24 | $ | $10756 | $12548 |
Jul 24 | $ | $11007 | $12730 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
As of the date of this report, the Fund does not have a full fiscal year of performance information to report.
The inception date of the Fund was October 17, 2023. The first day of secondary market trading was October 19, 2023.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Russell 1000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares U.S. Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares MBS ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 0-5 Year TIPS Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10-20 Year Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 1-5 Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 5-10 Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10+ Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Material Fund changes
This is a summary of certain changes to the Fund since
On June 5, 2024, the Board of Trustees of the Fund approved the reorganization of the Fund into the iShares Lifepath Retirement ETF. The reorganization is expected to occur during the fourth quarter of 2024.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P. or FTSE Russell, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
iShares® LifePath® Target Date 2030 ETF
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares LifePath Target Date 2030 ETF | $ |
⁽ᵃ⁾ The Fund commenced operations during the reporting period.
⁽ᵇ⁾ Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.
⁽ᶜ⁾ Annualized.
How did the Fund perform during the period?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher for the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Central bank actions began to diverge as the European Central Bank cut its primary lending rate, the U.S. Federal Reserve Bank left interest rates unchanged, and the Bank of Japan exited its zero-interest rate policy that it had held since 2016.
Bonds underperformed equities but still delivered generally positive total returns during the reporting period.
What contributed to performance?
Both equity and fixed income asset classes advanced during the reporting period. Across the LifePath® vintages, U.S. large-capitalization stocks were the largest driver of returns. The information technology sector was led by several firms that rapidly innovated, captured significant market share, and generated substantial profits. International developed stocks benefited from the sharp rally in Japanese stocks, supported by central bank actions and improved corporate governance.
The bond allocation also gained during the reporting period. Treasury yields (yields move inversely to price) experienced extreme fluctuations as shifting monetary policy decisions and geopolitical events created uncertainty and volatility. Mortgage-backed securities benefited as they provided higher yields than those of U.S. Treasuries, especially as investors sought higher returns. Investment-grade corporate bonds gained amid stable corporate fundamentals.
What detracted from performance?
Given the strength of equity and bond markets during the reporting period, there were no material detractors to the Fund’s performance.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: October 17, 2023 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Sep 23 | $ | $10000 | $10000 |
Oct 23 | $ | $9573 | $9982 |
Nov 23 | $ | $10467 | $10434 |
Dec 23 | $ | $10984 | $10833 |
Jan 24 | $ | $11137 | $10803 |
Feb 24 | $ | $11739 | $10651 |
Mar 24 | $ | $12115 | $10749 |
Apr 24 | $ | $11600 | $10478 |
May 24 | $ | $12146 | $10655 |
Jun 24 | $ | $12548 | $10756 |
Jul 24 | $ | $12730 | $11007 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
As of the date of this report, the Fund does not have a full fiscal year of performance information to report.
The inception date of the Fund was October 17, 2023. The first day of secondary market trading was October 19, 2023.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Russell 1000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares MBS ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10-20 Year Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 0-5 Year TIPS Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares U.S. Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 1-5 Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10+ Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 5-10 Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P. or FTSE Russell, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
iShares® LifePath® Target Date 2035 ETF
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares LifePath Target Date 2035 ETF | $ |
⁽ᵃ⁾ The Fund commenced operations during the reporting period.
⁽ᵇ⁾ Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.
⁽ᶜ⁾ Annualized.
How did the Fund perform during the period?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher for the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Central bank actions began to diverge as the European Central Bank cut its primary lending rate, the U.S. Federal Reserve Bank left interest rates unchanged, and the Bank of Japan exited its zero-interest rate policy that it had held since 2016.
Bonds underperformed equities but still delivered generally positive total returns during the reporting period.
What contributed to performance?
Both equity and fixed income asset classes advanced during the reporting period. Across the LifePath® vintages, U.S. large-capitalization stocks were the largest driver of returns. The information technology sector was led by several firms that rapidly innovated, captured significant market share, and generated substantial profits. International developed stocks benefited from the sharp rally in Japanese stocks, supported by central bank actions and improved corporate governance.
The bond allocation also gained during the reporting period. Treasury yields (yields move inversely to price) experienced extreme fluctuations as shifting monetary policy decisions and geopolitical events created uncertainty and volatility. Mortgage-backed securities benefited as they provided higher yields than those of U.S. Treasuries, especially as investors sought higher returns. Investment-grade corporate bonds gained amid stable corporate fundamentals.
What detracted from performance?
Given the strength of equity and bond markets during the reporting period, there were no material detractors to the Fund’s performance.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: October 17, 2023 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Sep 23 | $ | $10000 | $10000 |
Oct 23 | $ | $9573 | $9982 |
Nov 23 | $ | $10467 | $10434 |
Dec 23 | $ | $10984 | $10833 |
Jan 24 | $ | $11137 | $10803 |
Feb 24 | $ | $11739 | $10651 |
Mar 24 | $ | $12115 | $10749 |
Apr 24 | $ | $11600 | $10478 |
May 24 | $ | $12146 | $10655 |
Jun 24 | $ | $12548 | $10756 |
Jul 24 | $ | $12730 | $11007 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
As of the date of this report, the Fund does not have a full fiscal year of performance information to report.
The inception date of the Fund was October 17, 2023. The first day of secondary market trading was October 19, 2023.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Russell 1000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares U.S. Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares MBS ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10+ Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 1-5 Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10-20 Year Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core U.S. REIT ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 5-10 Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P. or FTSE Russell, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
iShares® LifePath® Target Date 2040 ETF
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares LifePath Target Date 2040 ETF | $ |
⁽ᵃ⁾ The Fund commenced operations during the reporting period.
⁽ᵇ⁾ Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.
⁽ᶜ⁾ Annualized.
How did the Fund perform during the period?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher for the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Central bank actions began to diverge as the European Central Bank cut its primary lending rate, the U.S. Federal Reserve Bank left interest rates unchanged, and the Bank of Japan exited its zero-interest rate policy that it had held since 2016.
Bonds underperformed equities but still delivered generally positive total returns during the reporting period.
What contributed to performance?
Both equity and fixed income asset classes advanced during the reporting period. Across the LifePath® vintages, U.S. large-capitalization stocks were the largest driver of returns. The information technology sector was led by several firms that rapidly innovated, captured significant market share, and generated substantial profits. International developed stocks benefited from the sharp rally in Japanese stocks, supported by central bank actions and improved corporate governance.
The bond allocation also gained during the reporting period. Treasury yields (yields move inversely to price) experienced extreme fluctuations as shifting monetary policy decisions and geopolitical events created uncertainty and volatility. Mortgage-backed securities benefited as they provided higher yields than those of U.S. Treasuries, especially as investors sought higher returns. Investment-grade corporate bonds gained amid stable corporate fundamentals.
What detracted from performance?
Given the strength of equity and bond markets during the reporting period, there were no material detractors to the Fund’s performance.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: October 17, 2023 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Sep 23 | $ | $10000 | $10000 |
Oct 23 | $ | $9573 | $9982 |
Nov 23 | $ | $10467 | $10434 |
Dec 23 | $ | $10984 | $10833 |
Jan 24 | $ | $11137 | $10803 |
Feb 24 | $ | $11739 | $10651 |
Mar 24 | $ | $12115 | $10749 |
Apr 24 | $ | $11600 | $10478 |
May 24 | $ | $12146 | $10655 |
Jun 24 | $ | $12548 | $10756 |
Jul 24 | $ | $12730 | $11007 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
As of the date of this report, the Fund does not have a full fiscal year of performance information to report.
The inception date of the Fund was October 17, 2023. The first day of secondary market trading was October 19, 2023.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Russell 1000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares MBS ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares U.S. Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10+ Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core U.S. REIT ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10-20 Year Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Russell 2000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 1-5 Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P. or FTSE Russell, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
iShares® LifePath® Target Date 2045 ETF
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares LifePath Target Date 2045 ETF | $ |
⁽ᵃ⁾ The Fund commenced operations during the reporting period.
⁽ᵇ⁾ Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.
⁽ᶜ⁾ Annualized.
How did the Fund perform during the period?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher for the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Central bank actions began to diverge as the European Central Bank cut its primary lending rate, the U.S. Federal Reserve Bank left interest rates unchanged, and the Bank of Japan exited its zero-interest rate policy that it had held since 2016.
Bonds underperformed equities but still delivered generally positive total returns during the reporting period.
What contributed to performance?
Both equity and fixed income asset classes advanced during the reporting period. Across the LifePath® vintages, U.S. large-capitalization stocks were the largest driver of returns. The information technology sector was led by several firms that rapidly innovated, captured significant market share, and generated substantial profits. International developed stocks benefited from the sharp rally in Japanese stocks, supported by central bank actions and improved corporate governance.
The bond allocation also gained during the reporting period. Treasury yields (yields move inversely to price) experienced extreme fluctuations as shifting monetary policy decisions and geopolitical events created uncertainty and volatility. Mortgage-backed securities benefited as they provided higher yields than those of U.S. Treasuries, especially as investors sought higher returns. Investment-grade corporate bonds gained amid stable corporate fundamentals.
What detracted from performance?
Given the strength of equity and bond markets during the reporting period, there were no material detractors to the Fund’s performance.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: October 17, 2023 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Sep 23 | $ | $10000 | $10000 |
Oct 23 | $ | $9573 | $9982 |
Nov 23 | $ | $10467 | $10434 |
Dec 23 | $ | $10984 | $10833 |
Jan 24 | $ | $11137 | $10803 |
Feb 24 | $ | $11739 | $10651 |
Mar 24 | $ | $12115 | $10749 |
Apr 24 | $ | $11600 | $10478 |
May 24 | $ | $12146 | $10655 |
Jun 24 | $ | $12548 | $10756 |
Jul 24 | $ | $12730 | $11007 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
As of the date of this report, the Fund does not have a full fiscal year of performance information to report.
The inception date of the Fund was October 17, 2023. The first day of secondary market trading was October 19, 2023.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Russell 1000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core U.S. REIT ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10+ Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Russell 2000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares MBS ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10-20 Year Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares U.S. Treasury Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 1-5 Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P. or FTSE Russell, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
iShares® LifePath® Target Date 2050 ETF
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares LifePath Target Date 2050 ETF | $ |
⁽ᵃ⁾ The Fund commenced operations during the reporting period.
⁽ᵇ⁾ Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.
⁽ᶜ⁾ Annualized.
How did the Fund perform during the period?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher for the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Central bank actions began to diverge as the European Central Bank cut its primary lending rate, the U.S. Federal Reserve Bank left interest rates unchanged, and the Bank of Japan exited its zero-interest rate policy that it had held since 2016.
Bonds underperformed equities but still delivered generally positive total returns during the reporting period.
What contributed to performance?
Both equity and fixed income asset classes advanced during the reporting period. Across the LifePath® vintages, U.S. large-capitalization stocks were the largest driver of returns. The information technology sector was led by several firms that rapidly innovated, captured significant market share, and generated substantial profits. International developed stocks benefited from the sharp rally in Japanese stocks, supported by central bank actions and improved corporate governance.
The bond allocation also gained during the reporting period. Treasury yields (yields move inversely to price) experienced extreme fluctuations as shifting monetary policy decisions and geopolitical events created uncertainty and volatility. Mortgage-backed securities benefited as they provided higher yields than those of U.S. Treasuries, especially as investors sought higher returns. Investment-grade corporate bonds gained amid stable corporate fundamentals.
What detracted from performance?
Given the strength of equity and bond markets during the reporting period, there were no material detractors to the Fund’s performance.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: October 17, 2023 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Sep 23 | $ | $10000 | $10000 |
Oct 23 | $ | $9573 | $9982 |
Nov 23 | $ | $10467 | $10434 |
Dec 23 | $ | $10984 | $10833 |
Jan 24 | $ | $11137 | $10803 |
Feb 24 | $ | $11739 | $10651 |
Mar 24 | $ | $12115 | $10749 |
Apr 24 | $ | $11600 | $10478 |
May 24 | $ | $12146 | $10655 |
Jun 24 | $ | $12548 | $10756 |
Jul 24 | $ | $12730 | $11007 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
As of the date of this report, the Fund does not have a full fiscal year of performance information to report.
The inception date of the Fund was October 17, 2023. The first day of secondary market trading was October 19, 2023.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Five largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Russell 1000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Russell 2000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10+ Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P. or FTSE Russell, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
iShares® LifePath® Target Date 2055 ETF
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares LifePath Target Date 2055 ETF | $ |
⁽ᵃ⁾ The Fund commenced operations during the reporting period.
⁽ᵇ⁾ Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.
⁽ᶜ⁾ Annualized.
How did the Fund perform during the period?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher for the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Central bank actions began to diverge as the European Central Bank cut its primary lending rate, the U.S. Federal Reserve Bank left interest rates unchanged, and the Bank of Japan exited its zero-interest rate policy that it had held since 2016.
Bonds underperformed equities but still delivered generally positive total returns during the reporting period.
What contributed to performance?
Both equity and fixed income asset classes advanced during the reporting period. Across the LifePath® vintages, U.S. large-capitalization stocks were the largest driver of returns. The information technology sector was led by several firms that rapidly innovated, captured significant market share, and generated substantial profits. International developed stocks benefited from the sharp rally in Japanese stocks, supported by central bank actions and improved corporate governance.
The bond allocation also gained during the reporting period. Treasury yields (yields move inversely to price) experienced extreme fluctuations as shifting monetary policy decisions and geopolitical events created uncertainty and volatility. Mortgage-backed securities benefited as they provided higher yields than those of U.S. Treasuries, especially as investors sought higher returns. Investment-grade corporate bonds gained amid stable corporate fundamentals.
What detracted from performance?
Given the strength of equity and bond markets during the reporting period, there were no material detractors to the Fund’s performance.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: October 17, 2023 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Sep 23 | $ | $10000 | $10000 |
Oct 23 | $ | $9573 | $9982 |
Nov 23 | $ | $10467 | $10434 |
Dec 23 | $ | $10984 | $10833 |
Jan 24 | $ | $11137 | $10803 |
Feb 24 | $ | $11739 | $10651 |
Mar 24 | $ | $12115 | $10749 |
Apr 24 | $ | $11600 | $10478 |
May 24 | $ | $12146 | $10655 |
Jun 24 | $ | $12548 | $10756 |
Jul 24 | $ | $12730 | $11007 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
As of the date of this report, the Fund does not have a full fiscal year of performance information to report.
The inception date of the Fund was October 17, 2023. The first day of secondary market trading was October 19, 2023.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Five largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Russell 1000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Russell 2000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares 10+ Year Investment Grade Corporate Bond ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P. or FTSE Russell, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
iShares® LifePath® Target Date 2060 ETF
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares LifePath Target Date 2060 ETF | $ |
⁽ᵃ⁾ The Fund commenced operations during the reporting period.
⁽ᵇ⁾ Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.
⁽ᶜ⁾ Annualized.
How did the Fund perform during the period?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher for the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Central bank actions began to diverge as the European Central Bank cut its primary lending rate, the U.S. Federal Reserve Bank left interest rates unchanged, and the Bank of Japan exited its zero-interest rate policy that it had held since 2016.
Bonds underperformed equities but still delivered generally positive total returns during the reporting period.
What contributed to performance?
Both equity and fixed income asset classes advanced during the reporting period. Across the LifePath® vintages, U.S. large-capitalization stocks were the largest driver of returns. The information technology sector was led by several firms that rapidly innovated, captured significant market share, and generated substantial profits. International developed stocks benefited from the sharp rally in Japanese stocks, supported by central bank actions and improved corporate governance.
The bond allocation also gained during the reporting period. Treasury yields (yields move inversely to price) experienced extreme fluctuations as shifting monetary policy decisions and geopolitical events created uncertainty and volatility. Mortgage-backed securities benefited as they provided higher yields than those of U.S. Treasuries, especially as investors sought higher returns. Investment-grade corporate bonds gained amid stable corporate fundamentals.
What detracted from performance?
Given the strength of equity and bond markets during the reporting period, there were no material detractors to the Fund’s performance.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: October 17, 2023 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Sep 23 | $ | $10000 | $10000 |
Oct 23 | $ | $9573 | $9982 |
Nov 23 | $ | $10467 | $10434 |
Dec 23 | $ | $10984 | $10833 |
Jan 24 | $ | $11137 | $10803 |
Feb 24 | $ | $11739 | $10651 |
Mar 24 | $ | $12115 | $10749 |
Apr 24 | $ | $11600 | $10478 |
May 24 | $ | $12146 | $10655 |
Jun 24 | $ | $12548 | $10756 |
Jul 24 | $ | $12730 | $11007 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
As of the date of this report, the Fund does not have a full fiscal year of performance information to report.
The inception date of the Fund was October 17, 2023. The first day of secondary market trading was October 19, 2023.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Five largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Russell 1000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Russell 2000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core U.S. REIT ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P. or FTSE Russell, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
iShares® LifePath® Target Date 2065 ETF
What were the Fund costs for the period?
(based on a hypothetical $10,000 investment)
Fund name | Costs of a $10,000
investment | Costs paid as a percentage of a
$10,000 investment |
|---|---|---|
iShares LifePath Target Date 2065 ETF | $ |
⁽ᵃ⁾ The Fund commenced operations during the reporting period.
⁽ᵇ⁾ Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.
⁽ᶜ⁾ Annualized.
How did the Fund perform during the period?
Slowing inflationary pressures and hopes of interest rate cuts drove global equities higher for the reporting period.
U.S. stocks powered markets higher, driven by the enthusiasm for artificial intelligence. Emerging markets lagged their developed peers, held back by weakness in China’s recovery and a strengthening U.S. dollar.
Central bank actions began to diverge as the European Central Bank cut its primary lending rate, the U.S. Federal Reserve Bank left interest rates unchanged, and the Bank of Japan exited its zero-interest rate policy that it had held since 2016.
Bonds underperformed equities but still delivered generally positive total returns during the reporting period.
What contributed to performance?
Both equity and fixed income asset classes advanced during the reporting period. Across the LifePath® vintages, U.S. large-capitalization stocks were the largest driver of returns. The information technology sector was led by several firms that rapidly innovated, captured significant market share, and generated substantial profits. International developed stocks benefited from the sharp rally in Japanese stocks, supported by central bank actions and improved corporate governance.
The bond allocation also gained during the reporting period. Treasury yields (yields move inversely to price) experienced extreme fluctuations as shifting monetary policy decisions and geopolitical events created uncertainty and volatility. Mortgage-backed securities benefited as they provided higher yields than those of U.S. Treasuries, especially as investors sought higher returns. Investment-grade corporate bonds gained amid stable corporate fundamentals.
What detracted from performance?
Given the strength of equity and bond markets during the reporting period, there were no material detractors to the Fund’s performance.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: October 17, 2023 through July 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Sep 23 | $ | $10000 | $10000 |
Oct 23 | $ | $9573 | $9982 |
Nov 23 | $ | $10467 | $10434 |
Dec 23 | $ | $10984 | $10833 |
Jan 24 | $ | $11137 | $10803 |
Feb 24 | $ | $11739 | $10651 |
Mar 24 | $ | $12115 | $10749 |
Apr 24 | $ | $11600 | $10478 |
May 24 | $ | $12146 | $10655 |
Jun 24 | $ | $12548 | $10756 |
Jul 24 | $ | $12730 | $11007 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $ |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
As of the date of this report, the Fund does not have a full fiscal year of performance information to report.
The inception date of the Fund was October 17, 2023. The first day of secondary market trading was October 19, 2023.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Asset class | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Domestic Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
International Equity........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Domestic Fixed Income........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Five largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
iShares Russell 1000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI International Developed Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core MSCI Emerging Markets ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Russell 2000 ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
iShares Core U.S. REIT ETF........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽ᵃ⁾ Excludes money market funds.
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.
The Fund is not sponsored, endorsed, issued, sold or promoted by Bloomberg L.P. or FTSE Russell, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
©2024 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
