Schedule of Investments  (unaudited)  April 30, 2020 iShares Edge MSCI Min Vol EAFE Index Fund (Percentages shown are based on Net Assets)

Security	Shares		Value
Common Stocks — 95.3%
Australia — 5.8%
Aurizon Holdings Ltd.		151,238	$	459,439
AusNet Services		152,543		186,045
Australia & New Zealand Banking Group Ltd.		10,848		117,836
Brambles Ltd.		19,166		136,990
Caltex Australia Ltd.		7,922		127,543
Coca-Cola Amatil Ltd.		27,153		151,177
Cochlear Ltd.		634		75,381
Commonwealth Bank of Australia		14,583		589,102
Crown Resorts Ltd.		36,682		234,823
CSL Ltd.		2,169		432,341
Dexus		14,923		88,588
GPT Group		39,440		108,392
Harvey Norman Holdings Ltd.(a)		28,543		51,212
Insurance Australia Group Ltd.		47,669		178,106
Medibank Pvt Ltd.		94,712		165,918
National Australia Bank Ltd.		10,869		119,097
Newcrest Mining Ltd.		27,141		541,005
Ramsay Health Care Ltd.		3,699		150,222
Scentre Group		70,623		106,093
Sonic Healthcare Ltd.		37,065		654,577
Suncorp Group Ltd.		16,172		96,140
Sydney Airport(a)(b)		68,340		278,375
Telstra Corp. Ltd.		155,243		305,396
Transurban Group(b)		76,390		680,999
Vicinity Centres		39,066		37,399
Wesfarmers Ltd.		43,484		1,056,202
Westpac Banking Corp.		19,656		204,504
Woolworths Group Ltd.		55,595		1,286,575
				8,619,477
Belgium — 2.4%
Ageas		7,159		258,040
Colruyt SA		12,411		743,811
Groupe Bruxelles Lambert SA		13,914		1,113,062
Proximus SADP		31,855		679,895
UCB SA		7,875		721,656
				3,516,464
China — 0.1%
BOC Hong Kong Holdings Ltd.		46,500		142,715
Denmark — 2.8%
Carlsberg A/S, Class B		5,043		636,189
Chr Hansen Holding A/S		1,044		90,018
Coloplast A/S, Class B		6,573		1,036,719
DSV Panalpina AS		747		77,613
H Lundbeck A/S		3,022		110,260
Novo Nordisk A/S, Class B		15,731		1,003,481
Orsted A/S(c)		4,783		483,133

Security	Shares		Value
Denmark (continued)
Tryg A/S		27,163	$	724,432
				4,161,845
Finland — 1.5%
Elisa OYJ		18,509		1,124,759
Neste OYJ		2,299		81,190
Nokia OYJ(a)		38,637		139,284
Sampo OYJ, Class A		25,777		854,442
				2,199,675
France — 6.0%
Aeroports de Paris(a)		3,638		355,129
Air Liquide SA		5,884		747,587
Alstom SA		7,789		319,497
Covivio		1,678		105,381
Danone SA		9,376		653,479
EssilorLuxottica SA(a)		4,058		504,103
Eurazeo SE(a)		1,179		56,466
Getlink SE(a)		20,258		258,391
Hermes International		1,863		1,361,983
L’Oreal SA		2,270		659,982
Orange SA		79,112		961,134
Pernod Ricard SA		3,473		530,312
Sanofi		13,282		1,297,303
SCOR SE		4,738		133,492
Sodexo SA		5,199		415,637
Thales SA(a)		4,046		306,408
TOTAL SA		5,787		205,394
				8,871,678
Germany — 4.0%
adidas AG(a)		571		130,720
Beiersdorf AG		7,138		746,837
Deutsche Boerse AG		3,121		483,875
Deutsche Telekom AG, Registered Shares		94,742		1,385,092
Fraport AG Frankfurt Airport Services Worldwide(a)		1,001		43,847
Hannover Rueck SE		5,569		887,334
Henkel AG & Co. KGaA		3,599		280,554
Merck KGaA		4,832		560,794
METRO AG		4,929		43,066
Muenchener Rueckversicherungs-Gesellschaft AG, Registered Shares		4,235		927,568
Siemens Healthineers AG(c)		4,172		183,668
Symrise AG		1,074		108,806
Telefonica Deutschland Holding AG		25,212		71,722
				5,853,883
Hong Kong — 8.5%
CK Infrastructure Holdings Ltd.		97,000		576,181
CLP Holdings Ltd.		178,000		1,905,334
Dairy Farm International Holdings Ltd.		75,600		362,292
Hang Seng Bank Ltd.		40,200		703,100

1

Schedule of Investments  (unaudited) (continued) April 30, 2020 iShares Edge MSCI Min Vol EAFE Index Fund (Percentages shown are based on Net Assets)

Security	Shares		Value
Hong Kong (continued)
HK Electric Investments & HK Electric Investments Ltd.(b)		593,000	$	613,525
HKT Trust & HKT Ltd.(b)		847,000		1,366,821
Hong Kong & China Gas Co. Ltd.		846,334		1,516,799
Jardine Matheson Holdings Ltd.		13,400		586,935
Jardine Strategic Holdings Ltd.		23,300		500,878
Link REIT		54,000		481,369
MTR Corp. Ltd.		238,500		1,321,368
PCCW Ltd.		950,000		581,955
Power Assets Holdings Ltd.		280,000		1,876,076
Yue Yuen Industrial Holdings Ltd.		117,000		186,633
				12,579,266
Ireland — 1.2%
Flutter Entertainment PLC(a)		1,025		126,150
Kerry Group PLC, Class A		11,909		1,366,384
Kingspan Group PLC(a)		4,283		218,249
				1,710,783
Israel — 1.6%
Azrieli Group Ltd.		1,011		59,865
Bank Hapoalim BM		78,668		504,227
Bank Leumi Le-Israel BM		116,796		629,309
Check Point Software Technologies Ltd.(a)		2,322		245,528
Elbit Systems Ltd.		644		87,305
Mizrahi Tefahot Bank Ltd.		25,167		515,448
Nice Ltd.(a)		1,535		252,092
				2,293,774
Italy — 1.1%
Assicurazioni Generali SpA		28,338		404,288
Davide Campari-Milano SpA		8,714		67,728
Enel SpA		24,087		164,525
Recordati SpA		3,713		161,693
Snam SpA		127,249		570,825
Terna Rete Elettrica Nazionale SpA		30,960		193,869
				1,562,928
Japan — 27.3%
ABC-Mart, Inc.		7,400		376,058
Ajinomoto Co., Inc.		18,500		329,499
ANA Holdings, Inc.(a)		25,700		546,124
Asahi Group Holdings Ltd.		9,800		336,976
Astellas Pharma, Inc.		4,900		81,042
Bandai Namco Holdings, Inc.		2,400		119,919
Bridgestone Corp.		9,300		289,484
Calbee, Inc.		2,400		72,618
Canon, Inc.		45,000		946,581
Central Japan Railway Co.		2,900		456,328
Chugai Pharmaceutical Co. Ltd.		3,500		417,206
Chugoku Electric Power Co., Inc.		61,300		824,795
Daiwa House REIT Investment Corp.		395		955,742
East Japan Railway Co.		9,300		679,086

Security	Shares		Value
Japan (continued)
Fast Retailing Co. Ltd.		100	$	47,425
FUJIFILM Holdings Corp.		5,900		281,032
Hankyu Hanshin Holdings, Inc.		6,100		208,698
Hikari Tsushin, Inc.		1,200		232,236
Japan Airlines Co. Ltd.		25,800		460,215
Japan Post Bank Co. Ltd.		90,600		841,238
Japan Post Holdings Co. Ltd.		148,800		1,190,234
Japan Prime Realty Investment Corp.		175		484,750
Japan Real Estate Investment Corp.		266		1,436,734
Japan Retail Fund Investment Corp.		586		638,872
Japan Tobacco, Inc.		33,000		614,561
Kamigumi Co. Ltd.		6,100		107,393
Kao Corp.		3,300		254,484
KDDI Corp.		24,700		715,418
Keihan Holdings Co. Ltd.		9,000		404,511
Keio Corp.		7,800		441,227
Keisei Electric Railway Co. Ltd.		3,900		117,641
Kintetsu Group Holdings Co. Ltd.		22,300		1,065,283
Kirin Holdings Co. Ltd.		5,700		110,000
Kyowa Kirin Co. Ltd.		4,600		106,764
Kyushu Electric Power Co., Inc.		18,200		144,216
Kyushu Railway Co.		30,500		820,545
Lawson, Inc.		11,200		582,171
Maruichi Steel Tube Ltd.		2,900		65,206
McDonald’s Holdings Co. Japan Ltd.		14,900		728,548
MEIJI Holdings Co. Ltd.		6,900		479,231
Mitsubishi Heavy Industries Ltd.		2,200		56,416
Mizuho Financial Group, Inc.		729,500		849,444
MS&AD Insurance Group Holdings, Inc.		3,900		112,359
Nagoya Railroad Co. Ltd.		29,000		829,869
NEC Corp.		15,900		610,159
NH Foods Ltd.		2,300		81,641
Nippon Building Fund, Inc.		228		1,359,617
Nippon Prologis REIT, Inc.		396		1,096,245
Nippon Telegraph & Telephone Corp.		43,700		995,208
Nissin Foods Holdings Co. Ltd.		2,500		205,509
Nitori Holdings Co. Ltd.		3,400		521,137
Nomura Real Estate Master Fund, Inc.		631		717,582
NTT DOCOMO, Inc.		70,500		2,077,721
Odakyu Electric Railway Co. Ltd.		14,200		313,143
Olympus Corp.		5,000		79,334
Oracle Corp. Japan		1,400		144,127
Oriental Land Co. Ltd.		8,900		1,125,362
Orix J-REIT, Inc.		540		645,565
Osaka Gas Co. Ltd.		5,200		96,833
Pan Pacific International Holdings Corp.		16,200		313,854
Sankyo Co. Ltd.		10,000		274,565
Secom Co. Ltd.		11,600		965,343
Seibu Holdings, Inc.		12,200		146,365
Sekisui House Ltd.		20,900		358,533
Seven & i Holdings Co. Ltd.		13,525		447,908
Seven Bank Ltd.		26,500		71,837
SG Holdings Co. Ltd.		3,200		89,034
Shimamura Co. Ltd.		4,500		283,709

2

Schedule of Investments  (unaudited) (continued) April 30, 2020 iShares Edge MSCI Min Vol EAFE Index Fund (Percentages shown are based on Net Assets)

Security	Shares		Value
Japan (continued)
Shimano, Inc.		1,100	$	162,091
Shionogi & Co. Ltd.		5,800		320,320
Softbank Corp.		26,000		354,067
Sohgo Security Services Co. Ltd.		2,100		100,174
Suntory Beverage & Food Ltd.		19,300		726,805
Takeda Pharmaceutical Co. Ltd.		5,500		198,338
Tobu Railway Co. Ltd.		16,400		556,289
Toho Co. Ltd.		4,500		147,364
Tokio Marine Holdings, Inc.		4,800		225,195
Tokyo Gas Co. Ltd.		13,400		294,075
Tokyu Corp.		4,900		73,755
Toyo Suisan Kaisha Ltd.		16,900		812,668
United Urban Investment Corp.		657		659,136
USS Co. Ltd.		5,100		80,758
West Japan Railway Co.		14,900		920,785
Yamada Denki Co. Ltd.		140,500		666,272
Yamazaki Baking Co. Ltd.		5,600		99,031
				40,275,633
Netherlands — 1.6%
Heineken Holding NV(a)		1,448		112,821
Heineken NV(a)		3,240		275,594
Koninklijke Ahold Delhaize NV		34,226		831,018
Koninklijke KPN NV		66,159		152,387
Koninklijke Vopak NV		3,785		218,257
Royal Dutch Shell PLC, Class A		14,110		232,310
Wolters Kluwer NV		7,262		534,145
				2,356,532
New Zealand — 0.7%
Auckland International Airport Ltd.(a)		77,422		285,903
Fisher & Paykel Healthcare Corp. Ltd.		10,377		173,366
Meridian Energy Ltd.		67,351		183,511
Ryman Healthcare Ltd.		10,367		75,626
Spark New Zealand Ltd.		127,171		344,164
				1,062,570
Norway — 1.1%
Gjensidige Forsikring ASA(a)		13,797		243,446
Mowi ASA		12,521		214,447
Orkla ASA		70,791		639,447
Telenor ASA		35,112		538,584
				1,635,924
Singapore — 3.3%
Ascendas Real Estate Investment Trust		73,436		153,575
CapitaLand Mall Trust		179,000		238,160
ComfortDelGro Corp. Ltd.		64,700		75,429
DBS Group Holdings Ltd.		23,600		332,267
Oversea-Chinese Banking Corp. Ltd.		78,000		497,664
SATS Ltd.		146,100		338,484
Singapore Airlines Ltd.		120,700		521,937
Singapore Exchange Ltd.		85,700		584,397
Singapore Technologies Engineering Ltd.		264,900		641,520

Security	Shares		Value
Singapore (continued)
Singapore Telecommunications Ltd.		447,300	$	893,811
United Overseas Bank Ltd.		27,935		399,166
Wilmar International Ltd.		102,300		257,620
				4,934,030
Spain — 1.1%
Aena SME SA(a)(c)		2,146		271,652
Endesa SA		30,279		671,593
Iberdrola SA		29,135		289,829
Red Electrica Corp. SA		25,579		450,238
				1,683,312
Sweden — 0.5%
ICA Gruppen AB		9,746		426,440
Telia Co. AB		105,012		365,123
				791,563
Switzerland — 13.4%
Alcon, Inc.(a)		1,447		76,368
Baloise Holding AG, Registered Shares		5,165		772,774
Barry Callebaut AG, Registered Shares		250		489,507
Chocoladefabriken Lindt & Spruengli AG		117		911,429
Chocoladefabriken Lindt & Spruengli AG, Registered Shares		5		419,782
Geberit AG, Registered Shares		841		376,098
Givaudan SA, Registered Shares		558		1,871,132
Kuehne + Nagel International AG, Registered Shares(a)		3,896		557,293
Nestle SA, Registered Shares		22,933		2,428,834
Novartis AG, Registered Shares		19,771		1,687,227
Partners Group Holding AG		539		424,754
Roche Holding AG		8,075		2,796,351
SGS SA, Registered Shares		30		67,671
Sonova Holding AG, Registered Shares		1,444		260,806
Swiss Life Holding AG, Registered Shares		2,381		844,358
Swiss Prime Site AG, Registered Shares		7,484		712,525
Swiss Re AG		16,660		1,210,620
Swisscom AG, Registered Shares		4,303		2,235,804
Zurich Insurance Group AG		5,400		1,712,093
				19,855,426
United Kingdom — 11.3%
Admiral Group PLC(a)		27,038		788,984
Associated British Foods PLC(a)		3,794		90,067
AstraZeneca PLC		9,269		969,463
BAE Systems PLC		64,633		412,257
Berkeley Group Holdings PLC		4,001		210,025
BP PLC		26,238		103,389
British American Tobacco PLC		3,600		138,759
Bunzl PLC(a)		8,495		184,382
Coca-Cola European Partners PLC		10,165		402,941
Compass Group PLC(a)		53,372		898,112
Croda International PLC		3,688		226,147
Diageo PLC		40,017		1,377,779

3

Schedule of Investments  (unaudited) (continued) April 30, 2020 iShares Edge MSCI Min Vol EAFE Index Fund (Percentages shown are based on Net Assets)

Security	Shares		Value
United Kingdom (continued)
Direct Line Insurance Group PLC(a)		215,695	$	734,881
Experian PLC		11,465		344,298
GlaxoSmithKline PLC		71,492		1,491,508
Halma PLC		3,999		105,135
HSBC Holdings PLC(a)		106,976		549,852
Imperial Brands PLC		10,533		221,598
National Grid PLC		128,353		1,504,137
Reckitt Benckiser Group PLC		3,666		305,377
RELX PLC		44,964		1,014,468
Rentokil Initial PLC(a)		13,805		82,134
RSA Insurance Group PLC(a)		83,925		380,353
Sage Group PLC		14,610		117,501
Severn Trent PLC		9,132		274,029
Smith & Nephew PLC		45,336		887,184
SSE PLC		28,472		446,594
Tesco PLC		54,871		162,298
Unilever NV		12,582		626,575
Unilever PLC		16,585		853,998
United Utilities Group PLC		20,482		231,853
Vodafone Group PLC		110,631		156,064

Security	Shares		Value
United Kingdom (continued)
Whitbread PLC(a)		3,010	$	112,913
WM Morrison Supermarkets PLC		101,001		232,118
				16,637,173
Total Long-Term Investments — 95.3% (Cost — $142,778,602)				140,744,651
Short-Term Securities — 0.3%
BlackRock Cash Funds: Treasury, SL Agency Shares,     0.21%(d)(e)		525,029		525,029
Total Short-Term Securities — 0.3% (Cost — $525,029)				525,029
Total Investments — 95.6% (Cost — $143,303,631)				141,269,680
Other Assets Less Liabilities — 4.4%				6,476,529
Net Assets — 100.0%			$	147,746,209

^(a)  Non-income producing security.

^(b)  A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately.

^(c)  Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(d)  Annualized 7-day yield as of period end.

^(e)  Investments in issuers considered to be an affiliate/affiliates of the Fund during the period ended April 30, 2020 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Shares Held at 07/31/19		Shares Purchased			Shares Sold			Shares Held at 04/30/20		Value at 04/30/20		Income			Net Realized Gain (Loss) (a)			Change in Unrealized Appreciation (Depreciation)
BlackRock Cash Funds: Institutional, SL Agency Shares(b)		637,956		—			(637,956	)(c)		—	$	—	$	3,819	(d)	$	(813	)	$	(201	)
BlackRock Cash Funds: Treasury, SL Agency Shares		156,274		368,755	(c)		—			525,029		525,029		4,096			—			—
											$	525,029	$	7,915		$	(813	)	$	(201	)

^(a)  Includes net capital gain distributions, if applicable.

^(b)  As of period end, the entity is no longer held by the Fund.

^(c)  Represents net shares purchased (sold).

^(d)  Represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

Portfolio Abbreviations
FTSE	Financial Times Stock Exchange
REIT	Real Estate Investment Trust

4

Schedule of Investments  (unaudited) (continued) April 30, 2020 iShares Edge MSCI Min Vol EAFE Index Fund     

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts

Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)
Long Contracts
Nikkei 225 Index		26		06/11/20	$	2,437	$	266,024
SPI 200 Index		22		06/18/20		1,986		175,049
FTSE 100 Index		29		06/19/20		2,150		128,850
							$	569,923

Fair Value Hierarchy as of Period End

Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 — Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Fund has the ability to access

• Level 2 — Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

• Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of investments and derivative financial instruments)

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investments and derivative financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of investments and derivative financial instruments, refer to the Fund’s most recent financial statements as contained in its semi-annual report.

5

Schedule of Investments  (unaudited) (continued) April 30, 2020 iShares Edge MSCI Min Vol EAFE Index Fund     

The following tables summarize the Fund’s investments and derivative financial instruments categorized in the disclosure hierarchy:

	Level 1		Level 2		Level 3		Total
Assets:
Investments:
Common Stocks(a):
Australia	$	—	$	8,619,477	$	—	$	8,619,477
Belgium		—		3,516,464		—		3,516,464
China		—		142,715		—		142,715
Denmark		—		4,161,845		—		4,161,845
Finland		—		2,199,675		—		2,199,675
France		—		8,871,678		—		8,871,678
Germany		—		5,853,883		—		5,853,883
Hong Kong		—		12,579,266		—		12,579,266
Ireland		1,584,633		126,150		—		1,710,783
Israel		245,528		2,048,246		—		2,293,774
Italy		—		1,562,928		—		1,562,928
Japan		—		40,275,633		—		40,275,633
Netherlands		1,140,817		1,215,715		—		2,356,532
New Zealand		—		1,062,570		—		1,062,570
Norway		—		1,635,924		—		1,635,924
Singapore		—		4,934,030		—		4,934,030
Spain		—		1,683,312		—		1,683,312
Sweden		—		791,563		—		791,563
Switzerland		—		19,855,426		—		19,855,426
United Kingdom		402,941		16,234,232		—		16,637,173
Short-Term Securities		525,029		—		—		525,029
	$	3,898,948	$	137,370,732	$	—	$	141,269,680
Derivative Financial Instruments(b)
Assets:
Equity contracts		569,923		—		—		569,923
	$	569,923	$	—	$	—	$	569,923

^(a)  See above Schedule of Investments for values in each country.

^(b)  Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation on the instrument.

6