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 Aware MSCI USA ETF | $ |
How did the Fund perform last year?
U.S. stocks registered solid gains during the reporting period, as investor confidence increased over hopes of interest rate cuts and robust corporate earnings.
The United States experienced stronger-than-expected economic growth driven by robust consumer spending and business investment. Meanwhile, inflation measures continued to trend downward, prompting comments by U.S. Federal Reserve Bank officials that indicated interest rate cuts would be forthcoming.
Powered by artificial intelligence (“AI”), information technology stocks led the market for the majority of the reporting period. However, market sentiment pivoted toward more defensive sectors late in the reporting period amid growing uncertainty surrounding economic growth, geopolitics, and the upcoming U.S. presidential election.
While environmental, social, and governance (“ESG”) issues continued to feature in headlines, investor interest in sustainable investing ETFs was mixed during the reporting period in the United States.
What contributed to performance?
For the reporting period, the largest contributor to the Fund’s performance was the information technology sector, particularly semiconductor manufacturers that provide the backbone for the complex calculations required for AI algorithms. The financials sector, most notably financial services, outperformed due to significant merger and acquisition activity; banks consolidated to manage rising costs and regulatory pressures, while digital transformation spurred acquisitions in financial technology. Companies within the industrials sector helped performance due to unexpectedly strong economic data, including higher durable goods orders and manufacturing growth. Enhanced infrastructure spending and reduced supply chain issues also fueled growth within the sector.
What detracted from performance?
There were no meaningful 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: December 1, 2016 through August 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Nov 16 | $10,000 | $ | $ |
Dec 16 | $10,228 | $ | $ |
Jan 17 | $10,416 | $ | $ |
Feb 17 | $10,833 | $ | $ |
Mar 17 | $10,859 | $ | $ |
Apr 17 | $10,989 | $ | $ |
May 17 | $11,137 | $ | $ |
Jun 17 | $11,201 | $ | $ |
Jul 17 | $11,417 | $ | $ |
Aug 17 | $11,455 | $ | $ |
Sep 17 | $11,659 | $ | $ |
Oct 17 | $11,982 | $ | $ |
Nov 17 | $12,298 | $ | $ |
Dec 17 | $12,402 | $ | $ |
Jan 18 | $13,121 | $ | $ |
Feb 18 | $12,641 | $ | $ |
Mar 18 | $12,347 | $ | $ |
Apr 18 | $12,402 | $ | $ |
May 18 | $12,678 | $ | $ |
Jun 18 | $12,786 | $ | $ |
Jul 18 | $13,279 | $ | $ |
Aug 18 | $13,721 | $ | $ |
Sep 18 | $13,782 | $ | $ |
Oct 18 | $12,768 | $ | $ |
Nov 18 | $13,076 | $ | $ |
Dec 18 | $11,889 | $ | $ |
Jan 19 | $12,848 | $ | $ |
Feb 19 | $13,274 | $ | $ |
Mar 19 | $13,547 | $ | $ |
Apr 19 | $14,107 | $ | $ |
May 19 | $13,190 | $ | $ |
Jun 19 | $14,133 | $ | $ |
Jul 19 | $14,352 | $ | $ |
Aug 19 | $14,076 | $ | $ |
Sep 19 | $14,337 | $ | $ |
Oct 19 | $14,685 | $ | $ |
Nov 19 | $15,246 | $ | $ |
Dec 19 | $15,718 | $ | $ |
Jan 20 | $15,804 | $ | $ |
Feb 20 | $14,516 | $ | $ |
Mar 20 | $12,748 | $ | $ |
Apr 20 | $14,418 | $ | $ |
May 20 | $15,173 | $ | $ |
Jun 20 | $15,542 | $ | $ |
Jul 20 | $16,452 | $ | $ |
Aug 20 | $17,707 | $ | $ |
Sep 20 | $17,004 | $ | $ |
Oct 20 | $16,576 | $ | $ |
Nov 20 | $18,526 | $ | $ |
Dec 20 | $19,253 | $ | $ |
Jan 21 | $19,141 | $ | $ |
Feb 21 | $19,626 | $ | $ |
Mar 21 | $20,375 | $ | $ |
Apr 21 | $21,427 | $ | $ |
May 21 | $21,557 | $ | $ |
Jun 21 | $22,145 | $ | $ |
Jul 21 | $22,636 | $ | $ |
Aug 21 | $23,322 | $ | $ |
Sep 21 | $22,208 | $ | $ |
Oct 21 | $23,783 | $ | $ |
Nov 21 | $23,489 | $ | $ |
Dec 21 | $24,409 | $ | $ |
Jan 22 | $22,958 | $ | $ |
Feb 22 | $22,227 | $ | $ |
Mar 22 | $22,975 | $ | $ |
Apr 22 | $20,891 | $ | $ |
May 22 | $20,867 | $ | $ |
Jun 22 | $19,117 | $ | $ |
Jul 22 | $20,914 | $ | $ |
Aug 22 | $20,067 | $ | $ |
Sep 22 | $18,169 | $ | $ |
Oct 22 | $19,625 | $ | $ |
Nov 22 | $20,726 | $ | $ |
Dec 22 | $19,474 | $ | $ |
Jan 23 | $20,733 | $ | $ |
Feb 23 | $20,202 | $ | $ |
Mar 23 | $20,892 | $ | $ |
Apr 23 | $21,139 | $ | $ |
May 23 | $21,220 | $ | $ |
Jun 23 | $22,589 | $ | $ |
Jul 23 | $23,372 | $ | $ |
Aug 23 | $22,990 | $ | $ |
Sep 23 | $21,845 | $ | $ |
Oct 23 | $21,330 | $ | $ |
Nov 23 | $23,390 | $ | $ |
Dec 23 | $24,483 | $ | $ |
Jan 24 | $24,828 | $ | $ |
Feb 24 | $26,115 | $ | $ |
Mar 24 | $26,943 | $ | $ |
Apr 24 | $25,836 | $ | $ |
May 24 | $27,067 | $ | $ |
Jun 24 | $28,011 | $ | $ |
Jul 24 | $28,420 | $ | $ |
Aug 24 | $29,086 | $ | $ |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | Since Fund
Inception |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 26.48 | 15.62 | 14.76 |
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
The performance of the MSCI USA Extended ESG Focus Index in this report reflects the performance of the MSCI USA ESG Focus Index through May 31, 2018 and, beginning on June 1, 2018, the performance of the MSCI USA Extended ESG Focus Index.
What did the Fund invest in?
(as of August 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Apple, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
NVIDIA Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Microsoft Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Amazon.com, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Alphabet, Inc., Class C, NVS........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Meta Platforms, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Eli Lilly & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Broadcom, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
JPMorgan Chase & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Tesla, 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. and its affiliates, 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 ESG Aware MSCI USA Growth ETF | $ |
How did the Fund perform last year?
U.S. stocks registered solid gains during the reporting period, as investor confidence increased over hopes of interest rate cuts and robust corporate earnings.
The United States experienced stronger-than-expected economic growth driven by robust consumer spending and business investment. Meanwhile, inflation measures continued to trend downward, prompting comments by U.S. Federal Reserve Bank officials that indicated interest rate cuts would be forthcoming.
Powered by artificial intelligence (“AI”), information technology stocks led the market for the majority of the reporting period. However, market sentiment pivoted toward more defensive sectors late in the reporting period amid growing uncertainty surrounding economic growth, geopolitics, and the upcoming U.S. presidential election.
While environmental, social, and governance (“ESG”) issues continued to feature in headlines, investor interest in sustainable investing ETFs was mixed during the reporting period in the United States.
What contributed to performance?
For the reporting period, the largest contributor to the Fund’s performance was the information technology sector, particularly semiconductor manufacturers that provide the backbone for the complex calculations required for AI algorithms. The communications sector, namely interactive media and services and entertainment companies, benefited from rising consumer demand for digital connectivity and significant expansion in the fifth generation of wireless cellular technology, which is designed to be faster, more reliable, and more flexible than previous generations. The healthcare sector helped performance, driven by medical technology advancements, increased demand for diagnostic equipment, and robust growth in telehealth services.
What detracted from performance?
There were no meaningful 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: January 31, 2023 through August 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Jan 23 | $ | $10,000 | $10,000 |
Feb 23 | $ | $9,756 | $9,847 |
Mar 23 | $ | $10,102 | $10,587 |
Apr 23 | $ | $10,231 | $10,718 |
May 23 | $ | $10,297 | $11,237 |
Jun 23 | $ | $10,984 | $12,021 |
Jul 23 | $ | $11,362 | $12,439 |
Aug 23 | $ | $11,170 | $12,384 |
Sep 23 | $ | $10,646 | $11,654 |
Oct 23 | $ | $10,401 | $11,427 |
Nov 23 | $ | $11,382 | $12,757 |
Dec 23 | $ | $11,919 | $13,299 |
Jan 24 | $ | $12,104 | $13,588 |
Feb 24 | $ | $12,754 | $14,537 |
Mar 24 | $ | $13,159 | $14,755 |
Apr 24 | $ | $12,616 | $14,112 |
May 24 | $ | $13,219 | $15,021 |
Jun 24 | $ | $13,691 | $16,063 |
Jul 24 | $ | $13,863 | $15,781 |
Aug 24 | $ | $14,198 | $16,069 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | Since Fund
Inception |
|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | ||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 29.54 | 34.80 |
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
What did the Fund invest in?
(as of August 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Apple, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
NVIDIA Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Microsoft Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Amazon.com, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Alphabet, Inc., Class C, NVS........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Meta Platforms, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Eli Lilly & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Tesla, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Visa, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Alphabet, 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. and its affiliates, 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 ESG Aware MSCI USA Small-Cap ETF | $ |
How did the Fund perform last year?
U.S. stocks registered solid gains during the reporting period, as investor confidence increased over hopes of interest rate cuts and robust corporate earnings.
The United States experienced stronger-than-expected economic growth driven by robust consumer spending and business investment. Meanwhile, inflation measures continued to trend downward, prompting comments by U.S. Federal Reserve Bank officials that indicated interest rate cuts would be forthcoming.
Powered by artificial intelligence (“AI”), information technology stocks led the market for the majority of the reporting period. However, market sentiment pivoted toward more defensive sectors late in the reporting period amid growing uncertainty surrounding economic growth, geopolitics, and the upcoming U.S. presidential election.
While environmental, social, and governance (“ESG”) issues continued to feature in headlines, investor interest in sustainable investing ETFs was mixed during the reporting period in the United States.
What contributed to performance?
For the reporting period, the largest contributor to the Fund’s performance was the financials sector, most notably banks, which outperformed due to strong economic indicators such as solid retail sales. Improved market sentiment also lifted bank stocks. Stocks in the industrials sector helped performance due to unexpectedly strong economic data, including higher durable goods orders and manufacturing growth. Enhanced infrastructure spending and reduced supply chain issues also fueled sector growth. Within consumer discretionary, companies benefited from robust consumer spending, rising wages, and lower unemployment figures. Amid ongoing AI enthusiasm, the information technology sector also contributed positively to the Fund’s return, most notably among application software companies that have integrated AI into their product offerings.
What detracted from performance?
There were no meaningful 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: April 10, 2018 through August 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Mar 18 | $10,000 | $ | $ |
Apr 18 | $9,976 | $ | $ |
May 18 | $10,530 | $ | $ |
Jun 18 | $10,639 | $ | $ |
Jul 18 | $10,828 | $ | $ |
Aug 18 | $11,316 | $ | $ |
Sep 18 | $11,099 | $ | $ |
Oct 18 | $9,963 | $ | $ |
Nov 18 | $10,160 | $ | $ |
Dec 18 | $9,005 | $ | $ |
Jan 19 | $10,071 | $ | $ |
Feb 19 | $10,567 | $ | $ |
Mar 19 | $10,469 | $ | $ |
Apr 19 | $10,839 | $ | $ |
May 19 | $10,040 | $ | $ |
Jun 19 | $10,741 | $ | $ |
Jul 19 | $10,888 | $ | $ |
Aug 19 | $10,446 | $ | $ |
Sep 19 | $10,643 | $ | $ |
Oct 19 | $10,843 | $ | $ |
Nov 19 | $11,246 | $ | $ |
Dec 19 | $11,574 | $ | $ |
Jan 20 | $11,253 | $ | $ |
Feb 20 | $10,246 | $ | $ |
Mar 20 | $8,012 | $ | $ |
Apr 20 | $9,211 | $ | $ |
May 20 | $9,790 | $ | $ |
Jun 20 | $10,092 | $ | $ |
Jul 20 | $10,507 | $ | $ |
Aug 20 | $11,028 | $ | $ |
Sep 20 | $10,720 | $ | $ |
Oct 20 | $11,019 | $ | $ |
Nov 20 | $12,844 | $ | $ |
Dec 20 | $13,862 | $ | $ |
Jan 21 | $14,443 | $ | $ |
Feb 21 | $15,345 | $ | $ |
Mar 21 | $15,664 | $ | $ |
Apr 21 | $16,254 | $ | $ |
May 21 | $16,226 | $ | $ |
Jun 21 | $16,454 | $ | $ |
Jul 21 | $16,136 | $ | $ |
Aug 21 | $16,425 | $ | $ |
Sep 21 | $15,952 | $ | $ |
Oct 21 | $16,676 | $ | $ |
Nov 21 | $15,981 | $ | $ |
Dec 21 | $16,540 | $ | $ |
Jan 22 | $15,272 | $ | $ |
Feb 22 | $15,437 | $ | $ |
Mar 22 | $15,638 | $ | $ |
Apr 22 | $14,287 | $ | $ |
May 22 | $14,272 | $ | $ |
Jun 22 | $12,975 | $ | $ |
Jul 22 | $14,341 | $ | $ |
Aug 22 | $13,957 | $ | $ |
Sep 22 | $12,696 | $ | $ |
Oct 22 | $13,977 | $ | $ |
Nov 22 | $14,562 | $ | $ |
Dec 22 | $13,691 | $ | $ |
Jan 23 | $15,107 | $ | $ |
Feb 23 | $14,894 | $ | $ |
Mar 23 | $14,204 | $ | $ |
Apr 23 | $13,992 | $ | $ |
May 23 | $13,725 | $ | $ |
Jun 23 | $14,885 | $ | $ |
Jul 23 | $15,652 | $ | $ |
Aug 23 | $15,039 | $ | $ |
Sep 23 | $14,144 | $ | $ |
Oct 23 | $13,237 | $ | $ |
Nov 23 | $14,437 | $ | $ |
Dec 23 | $16,061 | $ | $ |
Jan 24 | $15,524 | $ | $ |
Feb 24 | $16,399 | $ | $ |
Mar 24 | $17,043 | $ | $ |
Apr 24 | $15,878 | $ | $ |
May 24 | $16,576 | $ | $ |
Jun 24 | $16,345 | $ | $ |
Jul 24 | $17,615 | $ | $ |
Aug 24 | $17,550 | $ | $ |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | Since Fund
Inception |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 16.73 | 10.93 | 9.21 |
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
What did the Fund invest in?
(as of August 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Casey's General Stores, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
U.S. Foods Holding Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Janus Henderson Group PLC........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
KBR, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Ingredion, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Rexford Industrial Realty, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Murphy USA, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Jones Lang LaSalle, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
TechnipFMC PLC........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Guidewire Software, 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. and its affiliates, 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 ESG Aware MSCI USA Value ETF | $ |
How did the Fund perform last year?
U.S. stocks registered solid gains during the reporting period, as investor confidence increased over hopes of interest rate cuts and robust corporate earnings.
The United States experienced stronger-than-expected economic growth driven by robust consumer spending and business investment. Meanwhile, inflation measures continued to trend downward, prompting comments by U.S. Federal Reserve Bank officials that indicated interest rate cuts would be forthcoming.
Powered by artificial intelligence (“AI”), information technology stocks led the market for the majority of the reporting period. However, market sentiment pivoted toward more defensive sectors late in the reporting period amid growing uncertainty surrounding economic growth, geopolitics, and the upcoming U.S. presidential election.
While environmental, social, and governance (“ESG”) issues continued to feature in headlines, investor interest in sustainable investing ETFs was mixed during the reporting period in the United States.
What contributed to performance?
For the reporting period, the largest contributor to the Fund’s performance was the financials sector, most notably financial services and banks, which outperformed due to strong economic indicators such as solid retail sales. Improved market sentiment and recovering risk assets also lifted bank stocks. Stocks in the industrials sector helped performance due to unexpectedly strong economic data, including higher durable goods orders and manufacturing growth. Enhanced infrastructure spending and reduced supply chain issues also fueled sector growth. The information technology sector contributed positively to the Fund’s performance, particularly semiconductor manufacturers that provide the backbone for the complex calculations required for AI algorithms.
What detracted from performance?
There were no meaningful 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: January 31, 2023 through August 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Jan 23 | $ | $10,000 | $10,000 |
Feb 23 | $ | $9,756 | $9,612 |
Mar 23 | $ | $10,102 | $9,537 |
Apr 23 | $ | $10,231 | $9,646 |
May 23 | $ | $10,297 | $9,239 |
Jun 23 | $ | $10,984 | $9,787 |
Jul 23 | $ | $11,362 | $10,145 |
Aug 23 | $ | $11,170 | $9,869 |
Sep 23 | $ | $10,646 | $9,467 |
Oct 23 | $ | $10,401 | $9,186 |
Nov 23 | $ | $11,382 | $9,871 |
Dec 23 | $ | $11,919 | $10,407 |
Jan 24 | $ | $12,104 | $10,429 |
Feb 24 | $ | $12,754 | $10,792 |
Mar 24 | $ | $13,159 | $11,325 |
Apr 24 | $ | $12,616 | $10,857 |
May 24 | $ | $13,219 | $11,156 |
Jun 24 | $ | $13,691 | $11,151 |
Jul 24 | $ | $13,863 | $11,740 |
Aug 24 | $ | $14,198 | $12,079 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | Since Fund
Inception |
|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | ||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 22.17 | 12.52 |
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
What did the Fund invest in?
(as of August 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Broadcom, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
JPMorgan Chase & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
UnitedHealth Group, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Coca-Cola Co. (The)........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Home Depot, Inc. (The)........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Texas Instruments, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Johnson & Johnson........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Exxon Mobil Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Procter & Gamble Co. (The)........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Berkshire Hathaway, Inc., Class B........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
⁽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. and its affiliates, 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 ESG MSCI USA Leaders ETF | $ |
How did the Fund perform last year?
U.S. stocks registered solid gains during the reporting period, as investor confidence increased over hopes of interest rate cuts and robust corporate earnings.
The United States experienced stronger-than-expected economic growth driven by robust consumer spending and business investment. Meanwhile, inflation measures continued to trend downward, prompting comments by U.S. Federal Reserve Bank officials that indicated interest rate cuts would be forthcoming.
Powered by artificial intelligence (“AI”), information technology stocks led the market for the majority of the reporting period. However, market sentiment pivoted toward more defensive sectors late in the reporting period amid growing uncertainty surrounding economic growth, geopolitics, and the upcoming U.S. presidential election.
While environmental, social, and governance (“ESG”) issues continued to feature in headlines, investor interest in sustainable investing ETFs was mixed during the reporting period in the United States.
What contributed to performance?
For the reporting period, the largest contributor to the Fund’s performance was the information technology sector, particularly semiconductor manufacturers that provide the backbone for the complex calculations required for AI algorithms. The financials sector, most notably financial services, outperformed due to significant merger and acquisition activity; banks consolidated to manage rising costs and regulatory pressures, while digital transformation spurred acquisitions in financial technology. The healthcare sector helped performance, driven by medical technology advancements, increased demand for diagnostic equipment, and robust growth in telehealth services.
What detracted from performance?
There were no meaningful 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: May 7, 2019 through August 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Apr 19 | $10,000 | $ | $ |
May 19 | $9,626 | $ | $ |
Jun 19 | $10,252 | $ | $ |
Jul 19 | $10,446 | $ | $ |
Aug 19 | $10,338 | $ | $ |
Sep 19 | $10,517 | $ | $ |
Oct 19 | $10,712 | $ | $ |
Nov 19 | $11,100 | $ | $ |
Dec 19 | $11,422 | $ | $ |
Jan 20 | $11,518 | $ | $ |
Feb 20 | $10,645 | $ | $ |
Mar 20 | $9,317 | $ | $ |
Apr 20 | $10,476 | $ | $ |
May 20 | $11,029 | $ | $ |
Jun 20 | $11,211 | $ | $ |
Jul 20 | $11,674 | $ | $ |
Aug 20 | $12,555 | $ | $ |
Sep 20 | $12,122 | $ | $ |
Oct 20 | $11,784 | $ | $ |
Nov 20 | $13,075 | $ | $ |
Dec 20 | $13,564 | $ | $ |
Jan 21 | $13,454 | $ | $ |
Feb 21 | $13,876 | $ | $ |
Mar 21 | $14,506 | $ | $ |
Apr 21 | $15,261 | $ | $ |
May 21 | $15,385 | $ | $ |
Jun 21 | $15,790 | $ | $ |
Jul 21 | $16,253 | $ | $ |
Aug 21 | $16,753 | $ | $ |
Sep 21 | $15,928 | $ | $ |
Oct 21 | $17,420 | $ | $ |
Nov 21 | $17,128 | $ | $ |
Dec 21 | $17,849 | $ | $ |
Jan 22 | $16,745 | $ | $ |
Feb 22 | $16,186 | $ | $ |
Mar 22 | $16,796 | $ | $ |
Apr 22 | $15,348 | $ | $ |
May 22 | $15,244 | $ | $ |
Jun 22 | $14,114 | $ | $ |
Jul 22 | $15,281 | $ | $ |
Aug 22 | $14,526 | $ | $ |
Sep 22 | $13,223 | $ | $ |
Oct 22 | $14,187 | $ | $ |
Nov 22 | $15,136 | $ | $ |
Dec 22 | $14,230 | $ | $ |
Jan 23 | $15,154 | $ | $ |
Feb 23 | $14,793 | $ | $ |
Mar 23 | $15,390 | $ | $ |
Apr 23 | $15,543 | $ | $ |
May 23 | $15,695 | $ | $ |
Jun 23 | $16,736 | $ | $ |
Jul 23 | $17,314 | $ | $ |
Aug 23 | $17,236 | $ | $ |
Sep 23 | $16,368 | $ | $ |
Oct 23 | $15,957 | $ | $ |
Nov 23 | $17,602 | $ | $ |
Dec 23 | $18,367 | $ | $ |
Jan 24 | $18,776 | $ | $ |
Feb 24 | $19,824 | $ | $ |
Mar 24 | $20,551 | $ | $ |
Apr 24 | $19,614 | $ | $ |
May 24 | $20,562 | $ | $ |
Jun 24 | $21,317 | $ | $ |
Jul 24 | $21,389 | $ | $ |
Aug 24 | $21,815 | $ | $ |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | 5 Years | Since Fund
Inception |
|---|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 26.49 | 16.12 | 15.79 |
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
What did the Fund invest in?
(as of August 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Microsoft Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
NVIDIA Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Alphabet, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Alphabet, Inc., Class C, NVS........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Eli Lilly & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Tesla, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Visa, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Procter & Gamble Co. (The)........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Mastercard, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
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. and its affiliates, 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 Paris-Aligned Climate MSCI USA ETF | $ |
How did the Fund perform last year?
U.S. stocks registered solid gains during the reporting period, as investor confidence increased over hopes of interest rate cuts and robust corporate earnings.
The United States experienced stronger-than-expected economic growth driven by robust consumer spending and business investment. Meanwhile, inflation measures continued to trend downward, prompting comments by U.S. Federal Reserve Bank officials that indicated interest rate cuts would be forthcoming.
The 2015 Paris Climate Accord set emissions goals for its nearly 200 signatory countries with the goal of limiting climate change to well below two degrees Celsius, above pre-industrial levels and preferably below 1.5 degrees.
Climate change has become an increasingly important investment topic.
What contributed to performance?
During the reporting period, U.S. large- and mid-capitalization stocks that are designed to be compatible with the objectives of the Paris Agreement advanced. The largest contributor to the Fund’s performance was the information technology sector, particularly semiconductor manufacturers that provide the backbone for the complex calculations required for artificial intelligence algorithms. The financials sector, most notably financial services, outperformed due to significant merger and acquisition activity; banks consolidated to manage rising costs and regulatory pressures, while digital transformation spurred acquisitions in financial technology.
What detracted from performance?
The consumer staples sector was a modest detractor to the Fund’s performance due to increased short selling, which was driven by concerns over declining consumer spending amid persistent inflation.
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: February 8, 2022 through August 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
Jan 22 | $ | $10,000 | $10,000 |
Feb 22 | $ | $9,690 | $9,685 |
Mar 22 | $ | $10,030 | $10,029 |
Apr 22 | $ | $9,121 | $9,016 |
May 22 | $ | $9,101 | $8,914 |
Jun 22 | $ | $8,348 | $8,259 |
Jul 22 | $ | $9,126 | $9,132 |
Aug 22 | $ | $8,769 | $8,662 |
Sep 22 | $ | $7,956 | $7,868 |
Oct 22 | $ | $8,587 | $8,366 |
Nov 22 | $ | $9,054 | $8,813 |
Dec 22 | $ | $8,522 | $8,242 |
Jan 23 | $ | $9,088 | $8,859 |
Feb 23 | $ | $8,866 | $8,674 |
Mar 23 | $ | $9,181 | $9,040 |
Apr 23 | $ | $9,297 | $9,144 |
May 23 | $ | $9,358 | $9,290 |
Jun 23 | $ | $9,982 | $9,914 |
Jul 23 | $ | $10,325 | $10,211 |
Aug 23 | $ | $10,151 | $10,064 |
Sep 23 | $ | $9,675 | $9,486 |
Oct 23 | $ | $9,453 | $9,216 |
Nov 23 | $ | $10,344 | $10,180 |
Dec 23 | $ | $10,831 | $10,704 |
Jan 24 | $ | $11,000 | $10,822 |
Feb 24 | $ | $11,590 | $11,398 |
Mar 24 | $ | $11,959 | $11,599 |
Apr 24 | $ | $11,465 | $11,022 |
May 24 | $ | $12,013 | $11,642 |
Jun 24 | $ | $12,442 | $12,127 |
Jul 24 | $ | $12,599 | $12,319 |
Aug 24 | $ | $12,902 | $12,690 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | Since Fund
Inception |
|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | ||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 25.69 | 9.61 |
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
What did the Fund invest in?
(as of August 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Apple, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Microsoft Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
NVIDIA Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Amazon.com, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Alphabet, Inc., Class C, NVS........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Meta Platforms, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Eli Lilly & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Tesla, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Broadcom, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Visa, 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. and its affiliates, 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 ESG Advanced MSCI USA ETF | $ |
How did the Fund perform last year?
U.S. stocks registered solid gains during the reporting period, as investor confidence increased over hopes of interest rate cuts and robust corporate earnings.
The United States experienced stronger-than-expected economic growth driven by robust consumer spending and business investment. Meanwhile, inflation measures continued to trend downward, prompting comments by U.S. Federal Reserve Bank officials that indicated interest rate cuts would be forthcoming.
Powered by artificial intelligence (“AI”), information technology stocks led the market for the majority of the reporting period. However, market sentiment pivoted toward more defensive sectors late in the reporting period amid growing uncertainty surrounding economic growth, geopolitics, and the upcoming U.S. presidential election.
While environmental, social, and governance (“ESG”) issues continued to feature in headlines, investor interest in sustainable investing ETFs was mixed during the reporting period in the United States.
What contributed to performance?
For the reporting period, the largest contributor to the Fund’s performance was the information technology sector, particularly semiconductor manufacturers that provide the backbone for the complex calculations required for AI algorithms. The financials sector, most notably financial services, outperformed due to significant merger and acquisition activity; banks consolidated to manage rising costs and regulatory pressures, while digital transformation spurred acquisitions in financial technology. In the industrials sector, stocks were aided by federal and corporate investments in infrastructure.
What detracted from performance?
There were no meaningful 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: June 16, 2020 through August 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
May 20 | $ | $10,000 | $10,000 |
Jun 20 | $ | $9,952 | $10,056 |
Jul 20 | $ | $10,542 | $10,611 |
Aug 20 | $ | $11,334 | $11,432 |
Sep 20 | $ | $10,911 | $11,025 |
Oct 20 | $ | $10,627 | $10,778 |
Nov 20 | $ | $11,857 | $11,980 |
Dec 20 | $ | $12,346 | $12,395 |
Jan 21 | $ | $12,231 | $12,279 |
Feb 21 | $ | $12,550 | $12,694 |
Mar 21 | $ | $13,023 | $13,153 |
Apr 21 | $ | $13,731 | $13,926 |
May 21 | $ | $13,797 | $13,996 |
Jun 21 | $ | $14,182 | $14,449 |
Jul 21 | $ | $14,517 | $14,799 |
Aug 21 | $ | $14,945 | $15,177 |
Sep 21 | $ | $14,240 | $14,410 |
Oct 21 | $ | $15,233 | $15,371 |
Nov 21 | $ | $15,079 | $15,222 |
Dec 21 | $ | $15,675 | $15,780 |
Jan 22 | $ | $14,788 | $14,562 |
Feb 22 | $ | $14,355 | $14,004 |
Mar 22 | $ | $14,859 | $14,346 |
Apr 22 | $ | $13,512 | $13,105 |
May 22 | $ | $13,483 | $13,051 |
Jun 22 | $ | $12,367 | $11,998 |
Jul 22 | $ | $13,520 | $13,140 |
Aug 22 | $ | $12,990 | $12,463 |
Sep 22 | $ | $11,786 | $11,315 |
Oct 22 | $ | $12,721 | $12,147 |
Nov 22 | $ | $13,413 | $13,112 |
Dec 22 | $ | $12,625 | $12,457 |
Jan 23 | $ | $13,463 | $13,329 |
Feb 23 | $ | $13,134 | $13,060 |
Mar 23 | $ | $13,601 | $13,506 |
Apr 23 | $ | $13,773 | $13,599 |
May 23 | $ | $13,863 | $13,780 |
Jun 23 | $ | $14,787 | $14,727 |
Jul 23 | $ | $15,296 | $15,179 |
Aug 23 | $ | $15,038 | $15,053 |
Sep 23 | $ | $14,333 | $14,227 |
Oct 23 | $ | $14,004 | $13,905 |
Nov 23 | $ | $15,324 | $15,468 |
Dec 23 | $ | $16,046 | $16,411 |
Jan 24 | $ | $16,296 | $16,929 |
Feb 24 | $ | $17,170 | $17,979 |
Mar 24 | $ | $17,716 | $18,697 |
Apr 24 | $ | $16,985 | $17,633 |
May 24 | $ | $17,796 | $18,665 |
Jun 24 | $ | $18,433 | $19,307 |
Jul 24 | $ | $18,664 | $19,551 |
Aug 24 | $ | $19,114 | $20,017 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | Since Fund
Inception |
|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | ||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 33.05 | 17.79 |
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
What did the Fund invest in?
(as of August 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
NVIDIA Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Broadcom, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Visa, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Mastercard, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Home Depot, Inc. (The)........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Adobe, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Advanced Micro Devices, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Linde PLC........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
QUALCOMM, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Texas Instruments, 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. and its affiliates, 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 Climate Conscious & Transition MSCI USA ETF | $ |
How did the Fund perform last year?
U.S. stocks registered solid gains during the reporting period, as investor confidence increased over hopes of interest rate cuts and robust corporate earnings.
The United States experienced stronger-than-expected economic growth driven by robust consumer spending and business investment. Meanwhile, inflation measures continued to trend downward, prompting comments by U.S. Federal Reserve Bank officials that indicated interest rate cuts would be forthcoming.
Powered by artificial intelligence (“AI”), information technology stocks led the market for the majority of the reporting period. However, market sentiment pivoted toward more defensive sectors late in the reporting period amid growing uncertainty surrounding economic growth, geopolitics, and the upcoming U.S. presidential election.
While environmental, social, and governance (“ESG”) issues continued to feature in headlines, investor interest in sustainable investing ETFs was mixed during the reporting period in the United States.
What contributed to performance?
For the reporting period, the largest contributor to the Fund’s performance was the information technology sector, particularly semiconductor manufacturers that provide the backbone for the complex calculations required for AI algorithms. The financials sector, most notably financial services, outperformed due to significant merger and acquisition activity; banks consolidated to manage rising costs and regulatory pressures, while digital transformation spurred acquisitions in financial technology. Additionally, communication stocks aided performance, most notably among interactive media and services companies that have incorporated AI into their platforms.
What detracted from performance?
There were no meaningful 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: June 6, 2023 through August 31, 2024
Initial investment of $10,000
Fund | |||
|---|---|---|---|
May 23 | $ | $10,000 | $10,000 |
Jun 23 | $ | $10,403 | $10,377 |
Jul 23 | $ | $10,761 | $10,781 |
Aug 23 | $ | $10,580 | $10,650 |
Sep 23 | $ | $10,083 | $10,146 |
Oct 23 | $ | $9,851 | $9,877 |
Nov 23 | $ | $10,780 | $10,804 |
Dec 23 | $ | $11,288 | $11,289 |
Jan 24 | $ | $11,464 | $11,528 |
Feb 24 | $ | $12,079 | $12,207 |
Mar 24 | $ | $12,463 | $12,575 |
Apr 24 | $ | $11,949 | $12,089 |
May 24 | $ | $12,520 | $12,656 |
Jun 24 | $ | $12,967 | $13,155 |
Jul 24 | $ | $13,130 | $13,295 |
Aug 24 | $ | $13,447 | $13,620 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1 Year | Since Fund
Inception |
|---|---|---|
Fund NAV........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | ||
Fund Market........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 27.67 | 28.28 |
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
What did the Fund invest in?
(as of August 31, 2024)
Sector allocation
Sector | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
Information Technology........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Health Care........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Financials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Discretionary........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Communication Services........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Industrials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Consumer Staples........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Energy........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Materials........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Utilities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Real Estate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ |
Ten largest holdings
Security | Percent of Total InvestmentsFootnote Reference(a) |
|---|---|
NVIDIA Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Apple, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Amazon.com, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Microsoft Corp......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Meta Platforms, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Alphabet, Inc., Class A........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
Eli Lilly & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Broadcom, Inc......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... | |
Alphabet, Inc., Class C, NVS........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | |
JPMorgan Chase & Co......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... |
⁽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. and its affiliates, 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.
