<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001100663</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000004318</seriesId>
        <classId>C000012048</classId>
      </seriesClassInfo>

    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>iShares Trust</regName>
      <regFileNumber>811-09729</regFileNumber>
      <regCik>0001100663</regCik>
      <regLei>5493000860OXIC4B5K91</regLei>
      <regStreet1>400 Howard Street</regStreet1>
      <regCity>San Francisco</regCity>
      <regStateConditional regCountry="US" regState="US-CA"/>
      <regZipOrPostalCode>94105</regZipOrPostalCode>
      <regPhone>800-474-2737</regPhone>
      <seriesName>iShares U.S. Basic Materials ETF</seriesName>
      <seriesId>S000004318</seriesId>
      <seriesLei>549300C3N3XQBDOFN604</seriesLei>
      <repPdEnd>2025-04-30</repPdEnd>
      <repPdDate>2025-04-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>490076979.05</totAssets>
      <totLiabs>6125720.62</totLiabs>
      <netAssets>483951258.43</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>0.00000000</cshNotRptdInCorD>
      <borrowers>
        <borrower aggrVal="433480.12000000" lei="9R7GPTSO7KV3UQJZQ078" name="MORGAN STANLEY &amp; CO. LLC (US EQUITY SEC LENDING)"/>
        <borrower aggrVal="14972.08000000" lei="RCNB6OTYUAMMP879YW96" name="BNP PARIBAS SECURITIES CORP"/>
        <borrower aggrVal="1018567.00000000" lei="G5GSEF7VJP5I7OUK5573" name="BARCLAYS BANK PLC"/>
        <borrower aggrVal="4333771.38000000" lei="FOR8UP27PHTHYVLBNG30" name="GOLDMAN SACHS &amp; CO."/>
      </borrowers>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000012048" rtn1="0.50000000" rtn2="-2.26000000" rtn3="-2.97000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
            <mon1 netRealizedGain="-4181.81000000" netUnrealizedAppr="-1335.19000000"/>
            <mon2 netRealizedGain="-21005.13000000" netUnrealizedAppr="-307.05000000"/>
            <mon3 netRealizedGain="-538.37000000" netUnrealizedAppr="-25208.63000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="-4181.81000000" netUnrealizedAppr="-1335.19000000"/>
              <instrMon2 netRealizedGain="-21005.13000000" netUnrealizedAppr="-307.05000000"/>
              <instrMon3 netRealizedGain="-538.37000000" netUnrealizedAppr="-25208.63000000"/>
            </futureCategory>
          </equityContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-763340.27000000" netUnrealizedAppr="3092383.34000000"/>
        <othMon2 netRealizedGain="-974053.63000000" netUnrealizedAppr="-12191510.17000000"/>
        <othMon3 netRealizedGain="1203462.36000000" netUnrealizedAppr="-17578734.40000000"/>
      </returnInfo>
      <mon1Flow redemption="13791183.70000000" reinvestment="0.00000000" sales="0.00000000"/>
      <mon2Flow redemption="6844855.35000000" reinvestment="0.00000000" sales="0.00000000"/>
      <mon3Flow redemption="18063509.30000000" reinvestment="0.00000000" sales="12542252.85000000"/>



    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>FASTENAL COMPANY</name>
        <lei>529900PP0C7H2HHPSJ32</lei>
        <title>FASTENAL CO</title>
        <cusip>311900104</cusip>
        <identifiers>
          <isin value="US3119001044"/>
          <other otherDesc="Internal" value="2332262"/>
        </identifiers>
        <balance>270390.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21893478.30000000</valUSD>
        <pctVal>4.523901512525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares</name>
        <lei>N/A</lei>
        <title>BLACKROCK CASH FUNDS INSTITUTIONAL FUND SL AGENCY</title>
        <cusip>066922519</cusip>
        <identifiers>
          <isin value="US0669225197"/>
          <other otherDesc="Internal" value="066922519            00001"/>
        </identifiers>
        <balance>5950704.27250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5953084.55000000</valUSD>
        <pctVal>1.230100024806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="5953084.55000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE MOSAIC COMPANY</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
        <title>MOSAIC CO THE</title>
        <cusip>61945C103</cusip>
        <identifiers>
          <isin value="US61945C1036"/>
          <other otherDesc="Internal" value="B3NPHP6"/>
        </identifiers>
        <balance>284497.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8648708.80000000</valUSD>
        <pctVal>1.787103277312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Olin Corporation</name>
        <lei>549300GKK294V7W57P06</lei>
        <title>OLIN CORP</title>
        <cusip>680665205</cusip>
        <identifiers>
          <isin value="US6806652052"/>
          <other otherDesc="Internal" value="2658526"/>
        </identifiers>
        <balance>103967.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2247766.54000000</valUSD>
        <pctVal>0.464461348296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RELIANCE, INC.</name>
        <lei>549300E287ZOFT3C5Z56</lei>
        <title>RELIANCE INC</title>
        <cusip>759509102</cusip>
        <identifiers>
          <isin value="US7595091023"/>
          <other otherDesc="Internal" value="2729068"/>
        </identifiers>
        <balance>48351.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13936208.73000000</valUSD>
        <pctVal>2.879671968456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares</name>
        <lei>N/A</lei>
        <title>BLACKROCK CASH FUNDS TREASURY</title>
        <cusip>066922477</cusip>
        <identifiers>
          <isin value="US0669224778"/>
          <other otherDesc="Internal" value="066922477"/>
        </identifiers>
        <balance>851975.03000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>851975.03000000</valUSD>
        <pctVal>0.176045627562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEWMONT CORPORATION</name>
        <lei>549300VSP3RIX7FGDZ51</lei>
        <title>NEWMONT CORP</title>
        <cusip>651639106</cusip>
        <identifiers>
          <isin value="US6516391066"/>
          <other otherDesc="Internal" value="2636607"/>
        </identifiers>
        <balance>506567.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26685949.56000000</valUSD>
        <pctVal>5.514181251759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XAB MATERIALS JUN25</name>
        <lei>N/A</lei>
        <title>XAB MATERIALS JUN25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <ticker value="1XABM25"/>
          <other otherDesc="INTERNAL" value="IXDM52024"/>
        </identifiers>
        <balance>15.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5505.18000000</valUSD>
        <pctVal>-0.00113754844</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Index Future" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO MERCANTILE EXCHANGE INC</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>E-MINI S&amp;P500-Materials sector Composite Index Future Jun 2025</indexName>
                <indexIdentifier>1XABM25</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2025-06-20</expDate>
            <notionalAmt>1347105.18000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-5505.18000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES STEEL CORPORATION</name>
        <lei>JNLUVFYJT1OZSIQ24U47</lei>
        <title>UNITED STATES STEEL CORP</title>
        <cusip>912909108</cusip>
        <identifiers>
          <isin value="US9129091081"/>
          <other otherDesc="Internal" value="2824770"/>
        </identifiers>
        <balance>200468.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8762456.28000000</valUSD>
        <pctVal>1.810607189746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MP MATERIALS CORP</name>
        <lei>89450063PHPS61USMT84</lei>
        <title>MP MATERIALS CORP</title>
        <cusip>553368101</cusip>
        <identifiers>
          <isin value="US5533681012"/>
          <other otherDesc="Internal" value="BN15Y35"/>
        </identifiers>
        <balance>116373.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2846483.58000000</valUSD>
        <pctVal>0.588175674805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1957411.50000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LyondellBasell Industries N.V.</name>
        <lei>BN6WCCZ8OVP3ITUUVN49</lei>
        <title>LYONDELLBASELL INDUSTRIES NV CL A</title>
        <cusip>N53745100</cusip>
        <identifiers>
          <isin value="NL0009434992"/>
          <other otherDesc="Internal" value="B3SPXZ3"/>
        </identifiers>
        <balance>199254.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11598575.34000000</valUSD>
        <pctVal>2.396641219123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNTSMAN CORPORATION</name>
        <lei>5299000V56320A7RIQ67</lei>
        <title>HUNTSMAN CORP</title>
        <cusip>447011107</cusip>
        <identifiers>
          <isin value="US4470111075"/>
          <other otherDesc="Internal" value="B0650B9"/>
        </identifiers>
        <balance>146820.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1954174.20000000</valUSD>
        <pctVal>0.403795664534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EASTMAN CHEMICAL COMPANY</name>
        <lei>FDPVHDGJ1IQZFK9KH630</lei>
        <title>EASTMAN CHEMICAL CO</title>
        <cusip>277432100</cusip>
        <identifiers>
          <isin value="US2774321002"/>
          <other otherDesc="Internal" value="2298386"/>
        </identifiers>
        <balance>103711.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7985747.00000000</valUSD>
        <pctVal>1.650113903186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INTERNATIONAL FLAVORS &amp; FRAGRANCES INC.</name>
        <lei>BZLRL03D3GPGMOGFO832</lei>
        <title>INTERNATIONAL FLAVORS FRAGRANCES</title>
        <cusip>459506101</cusip>
        <identifiers>
          <isin value="US4595061015"/>
          <other otherDesc="Internal" value="2464165"/>
        </identifiers>
        <balance>185675.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14568060.50000000</valUSD>
        <pctVal>3.010233003063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELEMENT SOLUTIONS INC</name>
        <lei>549300FLGN6P5CU20J91</lei>
        <title>ELEMENT SOLUTIONS INC</title>
        <cusip>28618M106</cusip>
        <identifiers>
          <isin value="US28618M1062"/>
          <other otherDesc="Internal" value="BJ1C2K1"/>
        </identifiers>
        <balance>201354.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4109635.14000000</valUSD>
        <pctVal>0.849183687078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASHLAND INC.</name>
        <lei>529900E4L9R04SB8HB11</lei>
        <title>ASHLAND INC</title>
        <cusip>044186104</cusip>
        <identifiers>
          <isin value="US0441861046"/>
          <other otherDesc="Internal" value="BYND5N1"/>
        </identifiers>
        <balance>42350.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2303416.50000000</valUSD>
        <pctVal>0.475960431939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREEPORT-MCMORAN INC.</name>
        <lei>549300IRDTHJQ1PVET45</lei>
        <title>FREEPORT MCMORAN INC</title>
        <cusip>35671D857</cusip>
        <identifiers>
          <isin value="US35671D8570"/>
          <other otherDesc="Internal" value="2352118"/>
        </identifiers>
        <balance>878157.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>31639996.71000000</valUSD>
        <pctVal>6.537847801583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CELANESE CORPORATION</name>
        <lei>549300FHJQTDPPN41627</lei>
        <title>CELANESE CORPORATION</title>
        <cusip>150870103</cusip>
        <identifiers>
          <isin value="US1508701034"/>
          <other otherDesc="Internal" value="B05MZT4"/>
        </identifiers>
        <balance>98157.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4368968.07000000</valUSD>
        <pctVal>0.902770267438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CLEVELAND-CLIFFS INC.</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLEVELAND CLIFFS INC</title>
        <cusip>185899101</cusip>
        <identifiers>
          <isin value="US1858991011"/>
          <other otherDesc="Internal" value="BYVZ186"/>
        </identifiers>
        <balance>433552.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3572468.48000000</valUSD>
        <pctVal>0.738187662036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="2824812.08000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTLAKE CORPORATION</name>
        <lei>GOXNEVUM0LL78B1OS344</lei>
        <title>WESTLAKE CORP</title>
        <cusip>960413102</cusip>
        <identifiers>
          <isin value="US9604131022"/>
          <other otherDesc="Internal" value="B01ZP20"/>
        </identifiers>
        <balance>30177.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2789260.11000000</valUSD>
        <pctVal>0.576351453046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RBC BEARINGS INCORPORATED</name>
        <lei>N/A</lei>
        <title>RBC BEARINGS INC</title>
        <cusip>75524B104</cusip>
        <identifiers>
          <isin value="US75524B1044"/>
          <other otherDesc="Internal" value="B0GLYB5"/>
        </identifiers>
        <balance>25571.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8401863.47000000</valUSD>
        <pctVal>1.736097039453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1018567.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AIR PRODUCTS AND CHEMICALS, INC.</name>
        <lei>7QEON6Y1RL5XR3R1W237</lei>
        <title>AIR PRODUCTS CHEMICALS</title>
        <cusip>009158106</cusip>
        <identifiers>
          <isin value="US0091581068"/>
          <other otherDesc="Internal" value="2011602"/>
        </identifiers>
        <balance>134357.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>36422839.13000000</valUSD>
        <pctVal>7.526137910697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROYAL GOLD, INC.</name>
        <lei>5493001NGRU6SFL04184</lei>
        <title>ROYAL GOLD INC</title>
        <cusip>780287108</cusip>
        <identifiers>
          <isin value="US7802871084"/>
          <other otherDesc="Internal" value="2755706"/>
        </identifiers>
        <balance>59087.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10795785.77000000</valUSD>
        <pctVal>2.230758900188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FMC CORPORATION</name>
        <lei>CKDHZ2X64EEBQCSP7013</lei>
        <title>FMC CORP</title>
        <cusip>302491303</cusip>
        <identifiers>
          <isin value="US3024913036"/>
          <other otherDesc="Internal" value="2328603"/>
        </identifiers>
        <balance>112033.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4696423.36000000</valUSD>
        <pctVal>0.970433133129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALBEMARLE CORPORATION</name>
        <lei>HDBLS2Q6GV1LSKQPBS54</lei>
        <title>ALBEMARLE CORP</title>
        <cusip>012653101</cusip>
        <identifiers>
          <isin value="US0126531013"/>
          <other otherDesc="Internal" value="2046853"/>
        </identifiers>
        <balance>105554.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6180186.70000000</valUSD>
        <pctVal>1.277026682407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INTERNATIONAL PAPER COMPANY</name>
        <lei>824LMFJDH41EY779Q875</lei>
        <title>INTERNATIONAL PAPER CO</title>
        <cusip>460146103</cusip>
        <identifiers>
          <isin value="US4601461035"/>
          <other otherDesc="Internal" value="2465254"/>
        </identifiers>
        <balance>322076.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14712431.68000000</valUSD>
        <pctVal>3.040064763490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALCOA CORPORATION</name>
        <lei>549300T12EZ1F6PWWU29</lei>
        <title>ALCOA CORP</title>
        <cusip>013872106</cusip>
        <identifiers>
          <isin value="US0138721065"/>
          <other otherDesc="Internal" value="BYNF418"/>
        </identifiers>
        <balance>221988.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5445365.64000000</valUSD>
        <pctVal>1.125188858412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVERY DENNISON CORPORATION</name>
        <lei>549300PW7VPFCYKLIV37</lei>
        <title>AVERY DENNISON CORP</title>
        <cusip>053611109</cusip>
        <identifiers>
          <isin value="US0536111091"/>
          <other otherDesc="Internal" value="2066408"/>
        </identifiers>
        <balance>72091.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12335491.01000000</valUSD>
        <pctVal>2.548911857367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CF INDUSTRIES HOLDINGS, INC.</name>
        <lei>529900CG8YAQFZ2JMV97</lei>
        <title>CF INDUSTRIES HOLDINGS</title>
        <cusip>125269100</cusip>
        <identifiers>
          <isin value="US1252691001"/>
          <other otherDesc="Internal" value="B0G4K50"/>
        </identifiers>
        <balance>156150.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12237475.50000000</valUSD>
        <pctVal>2.528658679326</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE SCOTTS MIRACLE-GRO COMPANY</name>
        <lei>2TH9E0JTOUXOEGI2R879</lei>
        <title>SCOTTS MIRACLE GRO CO</title>
        <cusip>810186106</cusip>
        <identifiers>
          <isin value="US8101861065"/>
          <other otherDesc="Internal" value="2781518"/>
        </identifiers>
        <balance>38672.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1948295.36000000</valUSD>
        <pctVal>0.402580905837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE TIMKEN COMPANY</name>
        <lei>B0I35MLPFXZSE70ASS73</lei>
        <title>TIMKEN CO THE</title>
        <cusip>887389104</cusip>
        <identifiers>
          <isin value="US8873891043"/>
          <other otherDesc="Internal" value="2892807"/>
        </identifiers>
        <balance>58136.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3735238.00000000</valUSD>
        <pctVal>0.771821115233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NewMarket Corporation</name>
        <lei>54930082CG88ERDREQ47</lei>
        <title>NEWMARKET CORP</title>
        <cusip>651587107</cusip>
        <identifiers>
          <isin value="US6515871076"/>
          <other otherDesc="Internal" value="B01CGF1"/>
        </identifiers>
        <balance>6053.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3724410.90000000</valUSD>
        <pctVal>0.769583885799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NUCOR CORPORATION</name>
        <lei>549300GGJCRSI2TIEJ46</lei>
        <title>NUCOR CORP</title>
        <cusip>670346105</cusip>
        <identifiers>
          <isin value="US6703461052"/>
          <other otherDesc="Internal" value="2651086"/>
        </identifiers>
        <balance>132605.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15829058.85000000</valUSD>
        <pctVal>3.270796092431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STEEL DYNAMICS, INC.</name>
        <lei>549300HGGKEL4FYTTQ83</lei>
        <title>STEEL DYNAMICS INC</title>
        <cusip>858119100</cusip>
        <identifiers>
          <isin value="US8581191009"/>
          <other otherDesc="Internal" value="2849472"/>
        </identifiers>
        <balance>114228.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14816513.88000000</valUSD>
        <pctVal>3.061571516120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HEXCEL CORPORATION</name>
        <lei>S6Q7LW43WUBUHXY2QP69</lei>
        <title>HEXCEL CORP</title>
        <cusip>428291108</cusip>
        <identifiers>
          <isin value="US4282911084"/>
          <other otherDesc="Internal" value="2416779"/>
        </identifiers>
        <balance>73213.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3548634.11000000</valUSD>
        <pctVal>0.733262709453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE CHEMOURS COMPANY</name>
        <lei>549300M1BOLNXL8DOV14</lei>
        <title>CHEMOURS CO</title>
        <cusip>163851108</cusip>
        <identifiers>
          <isin value="US1638511089"/>
          <other otherDesc="Internal" value="BZ0CTP8"/>
        </identifiers>
        <balance>133954.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1658350.52000000</valUSD>
        <pctVal>0.342668913679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOUTHERN COPPER CORPORATION</name>
        <lei>2549007U6NAP46Q9TU15</lei>
        <title>SOUTHERN COPPER CORP</title>
        <cusip>84265V105</cusip>
        <identifiers>
          <isin value="US84265V1052"/>
          <other otherDesc="Internal" value="2823777"/>
        </identifiers>
        <balance>79036.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7075302.72000000</valUSD>
        <pctVal>1.461986635380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ECOLAB INC.</name>
        <lei>82DYEISM090VG8LTLS26</lei>
        <title>ECOLAB INC</title>
        <cusip>278865100</cusip>
        <identifiers>
          <isin value="US2788651006"/>
          <other otherDesc="Internal" value="2304227"/>
        </identifiers>
        <balance>151347.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>38053176.21000000</valUSD>
        <pctVal>7.863018340617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LINDE PUBLIC LIMITED COMPANY</name>
        <lei>5299003QR1WT0EF88V51</lei>
        <title>NEW LINDE PLC</title>
        <cusip>G54950103</cusip>
        <identifiers>
          <isin value="IE000S9YS762"/>
          <other otherDesc="Internal" value="BNZHB81"/>
        </identifiers>
        <balance>244936.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>111012343.28000000</valUSD>
        <pctVal>22.93874462484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>





    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-05-30</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares Trust</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort </ncom:signature>
      <ncom:signerName>Chuck Pulsfort </ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
