0001193125-22-085180.txt : 20220325 0001193125-22-085180.hdr.sgml : 20220325 20220325162032 ACCESSION NUMBER: 0001193125-22-085180 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220325 DATE AS OF CHANGE: 20220325 EFFECTIVENESS DATE: 20220325 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iShares, Inc. CENTRAL INDEX KEY: 0000930667 IRS NUMBER: 510396525 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-97598 FILM NUMBER: 22771687 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: iSHARES INC DATE OF NAME CHANGE: 20070126 FORMER COMPANY: FORMER CONFORMED NAME: ISHARES INC DATE OF NAME CHANGE: 20000516 FORMER COMPANY: FORMER CONFORMED NAME: WEBS INDEX FUND INC DATE OF NAME CHANGE: 19970211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iShares U.S. ETF Trust CENTRAL INDEX KEY: 0001524513 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-179904 FILM NUMBER: 22771688 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iSHARES TRUST CENTRAL INDEX KEY: 0001100663 IRS NUMBER: 943351276 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-92935 FILM NUMBER: 22771689 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: ISHARES TRUST DATE OF NAME CHANGE: 19991213 0000930667 S000028709 iShares MSCI USA Equal Weighted ETF C000087836 iShares MSCI USA Equal Weighted ETF EUSA 0001100663 S000004306 iShares S&P 100 ETF C000012036 iShares S&P 100 ETF OEF 0001100663 S000004307 iShares Core S&P Mid-Cap ETF C000012037 iShares Core S&P Mid-Cap ETF IJH 0001100663 S000004308 iShares S&P Mid-Cap 400 Growth ETF C000012038 iShares S&P Mid-Cap 400 Growth ETF IJK 0001100663 S000004309 iShares S&P Mid-Cap 400 Value ETF C000012039 iShares S&P Mid-Cap 400 Value ETF IJJ 0001100663 S000004310 iShares Core S&P 500 ETF C000012040 iShares Core S&P 500 ETF IVV 0001100663 S000004311 iShares S&P 500 Growth ETF C000012041 iShares S&P 500 Growth ETF IVW 0001100663 S000004312 iShares S&P 500 Value ETF C000012042 iShares S&P 500 Value ETF IVE 0001100663 S000004314 iShares S&P Small-Cap 600 Growth ETF C000012044 iShares S&P Small-Cap 600 Growth ETF IJT 0001100663 S000004316 iShares S&P Small-Cap 600 Value ETF C000012046 iShares S&P Small-Cap 600 Value ETF IJS 0001100663 S000004317 iShares Core S&P Total U.S. Stock Market ETF C000012047 iShares Core S&P Total U.S. Stock Market ETF ITOT 0001100663 S000004334 iShares Select Dividend ETF C000012064 iShares Select Dividend ETF DVY 0001100663 S000004335 iShares Russell Mid-Cap Value ETF C000012065 iShares Russell Mid-Cap Value ETF IWS 0001100663 S000004336 iShares Russell Mid-Cap Growth ETF C000012066 iShares Russell Mid-Cap Growth ETF IWP 0001100663 S000004338 iShares Russell Mid-Cap ETF C000012068 iShares Russell Mid-Cap ETF IWR 0001100663 S000004339 iShares Core S&P U.S. Value ETF C000012069 iShares Core S&P U.S. Value ETF IUSV 0001100663 S000004340 iShares Core S&P U.S. Growth ETF C000012070 iShares Core S&P U.S. Growth ETF IUSG 0001100663 S000004341 iShares Russell 3000 ETF C000012071 iShares Russell 3000 ETF IWV 0001100663 S000004342 iShares Russell 2000 Value ETF C000012072 iShares Russell 2000 Value ETF IWN 0001100663 S000004343 iShares Russell 2000 Growth ETF C000012073 iShares Russell 2000 Growth ETF IWO 0001100663 S000004344 iShares Russell 2000 ETF C000012074 iShares Russell 2000 ETF IWM 0001100663 S000004345 iShares Russell 1000 Value ETF C000012075 iShares Russell 1000 Value ETF IWD 0001100663 S000004346 iShares Russell 1000 Growth ETF C000012076 iShares Russell 1000 Growth ETF IWF 0001100663 S000004347 iShares Russell 1000 ETF C000012077 iShares Russell 1000 ETF IWB 0001100663 S000004349 iShares Cohen & Steers REIT ETF C000012079 iShares Cohen & Steers REIT ETF ICF 0001100663 S000004350 iShares Biotechnology ETF C000012080 iShares Biotechnology ETF IBB 0001100663 S000004352 iShares Expanded Tech Sector ETF C000012082 iShares Expanded Tech Sector ETF IGM 0001100663 S000004353 iShares North American Tech-Multimedia Networking ETF C000012083 iShares North American Tech-Multimedia Networking ETF IGN 0001100663 S000004354 iShares Semiconductor ETF C000012084 iShares Semiconductor ETF SOXX 0001100663 S000004355 iShares Expanded Tech-Software Sector ETF C000012085 iShares Expanded Tech-Software Sector ETF IGV 0001100663 S000004356 iShares North American Natural Resources ETF C000012086 iShares North American Natural Resources ETF IGE 0001100663 S000004367 iShares Morningstar U.S. Equity ETF C000012097 iShares Morningstar U.S. Equity ETF ILCB 0001100663 S000004368 iShares Morningstar Growth ETF C000012098 iShares Morningstar Growth ETF ILCG 0001100663 S000004369 iShares Morningstar Value ETF C000012099 iShares Morningstar Value ETF ILCV 0001100663 S000004371 iShares Morningstar Mid-Cap ETF C000012101 iShares Morningstar Mid-Cap ETF IMCB 0001100663 S000004430 iShares Morningstar Mid-Cap Growth ETF C000012193 iShares Morningstar Mid-Cap Growth ETF IMCG 0001100663 S000004432 iShares Morningstar Mid-Cap Value ETF C000012195 iShares Morningstar Mid-Cap Value ETF IMCV 0001100663 S000004433 iShares Morningstar Small-Cap ETF C000012196 iShares Morningstar Small-Cap ETF ISCB 0001100663 S000004434 iShares Morningstar Small-Cap Growth ETF C000012197 iShares Morningstar Small-Cap Growth ETF ISCG 0001100663 S000004435 iShares Morningstar Small-Cap Value ETF C000012198 iShares Morningstar Small-Cap Value ETF ISCV 0001100663 S000004439 iShares Micro-Cap ETF C000012202 iShares Micro-Cap ETF IWC 0001100663 S000013499 iShares Preferred and Income Securities ETF C000036528 iShares Preferred and Income Securities ETF PFF 0001100663 S000015623 iShares Residential and Multisector Real Estate ETF C000042584 iShares Residential and Multisector Real Estate ETF REZ 0001100663 S000015626 iShares Mortgage Real Estate ETF C000042587 iShares Mortgage Real Estate ETF REM 0001100663 S000015627 iShares Core U.S. REIT ETF C000042588 iShares Core U.S. REIT ETF USRT 0001100663 S000023585 iShares Core Conservative Allocation ETF C000069397 iShares Core Conservative Allocation ETF AOK 0001100663 S000023586 iShares Core Moderate Allocation ETF C000069398 iShares Core Moderate Allocation ETF AOM 0001100663 S000023587 iShares Core Growth Allocation ETF C000069399 iShares Core Growth Allocation ETF AOR 0001100663 S000023588 iShares Core Aggressive Allocation ETF C000069400 iShares Core Aggressive Allocation ETF AOA 0001100663 S000026552 iShares Russell Top 200 Growth ETF C000079751 iShares Russell Top 200 Growth ETF IWY 0001100663 S000026553 iShares Russell Top 200 ETF C000079752 iShares Russell Top 200 ETF IWL 0001100663 S000026554 iShares Russell Top 200 Value ETF C000079753 iShares Russell Top 200 Value ETF IWX 0001100663 S000031838 iShares MSCI USA Min Vol Factor ETF C000099141 iShares MSCI USA Min Vol Factor ETF USMV 0001100663 S000031844 iShares Core High Dividend ETF C000099165 iShares Core High Dividend ETF HDV 0001100663 S000040204 iShares MSCI USA Size Factor ETF C000124960 iShares MSCI USA Size Factor ETF SIZE 0001100663 S000040205 iShares MSCI USA Value Factor ETF C000124961 iShares MSCI USA Value Factor ETF VLUE 0001100663 S000040316 iShares MSCI USA Momentum Factor ETF C000125223 iShares MSCI USA Momentum Factor ETF MTUM 0001100663 S000041444 iShares MSCI USA Quality Factor ETF C000128677 iShares MSCI USA Quality Factor ETF QUAL 0001100663 S000045648 iShares Core Dividend Growth ETF C000141931 iShares Core Dividend Growth ETF DGRO 0001100663 S000048623 iShares MSCI USA Multifactor ETF C000153271 iShares MSCI USA Multifactor ETF LRGF 0001100663 S000048624 iShares MSCI USA Small-Cap Multifactor ETF C000153272 iShares MSCI USA Small-Cap Multifactor ETF SMLF 0001100663 S000054723 iShares MSCI USA Small-Cap Min Vol Factor ETF C000171896 iShares MSCI USA Small-Cap Min Vol Factor ETF SMMV 0001100663 S000055381 iShares ESG Aware MSCI USA ETF C000174221 iShares ESG Aware MSCI USA ETF ESGU 0001100663 S000057567 iShares Russell 2500 ETF C000183467 iShares Russell 2500 ETF SMMD 0001100663 S000059298 iShares U.S. Dividend and Buyback ETF C000194634 iShares U.S. Dividend and Buyback ETF DIVB 0001100663 S000061604 iShares ESG Aware MSCI USA Small-Cap ETF C000199548 iShares ESG Aware MSCI USA Small-Cap ETF ESML 0001100663 S000065416 iShares MSCI USA Mid-Cap Multifactor ETF C000211556 iShares MSCI USA Mid-Cap Multifactor ETF MIDF 0001100663 S000065418 iShares ESG MSCI USA Leaders ETF C000211558 iShares ESG MSCI USA Leaders ETF SUSL 0001100663 S000066849 iShares Factors US Growth Style ETF C000215209 iShares Factors US Growth Style ETF STLG 0001100663 S000066851 iShares Factors US Value Style ETF C000215211 iShares Factors US Value Style ETF STLV 0001100663 S000067234 iShares U.S. Tech Breakthrough Multisector ETF C000216288 iShares U.S. Tech Breakthrough Multisector ETF TECB 0001100663 S000068729 iShares ESG Aware Conservative Allocation ETF C000219699 iShares ESG Aware Conservative Allocation ETF EAOK 0001100663 S000068730 iShares ESG Aware Moderate Allocation ETF C000219700 iShares ESG Aware Moderate Allocation ETF EAOM 0001100663 S000068731 iShares ESG Aware Growth Allocation ETF C000219701 iShares ESG Aware Growth Allocation ETF EAOR 0001100663 S000068732 iShares ESG Aware Aggressive Allocation ETF C000219702 iShares ESG Aware Aggressive Allocation ETF EAOA 0001100663 S000068775 iShares ESG Advanced MSCI USA ETF C000219749 iShares ESG Advanced MSCI USA ETF USXF 0001100663 S000069532 iShares ESG Screened S&P 500 ETF C000221870 iShares ESG Screened S&P 500 ETF XVV 0001100663 S000069533 iShares ESG Screened S&P Mid-Cap ETF C000221871 iShares ESG Screened S&P Mid-Cap ETF XJH 0001100663 S000069536 iShares ESG Screened S&P Small-Cap ETF C000221874 iShares ESG Screened S&P Small-Cap ETF XJR 0001100663 S000069740 iShares US Small Cap Value Factor ETF C000222498 iShares US Small Cap Value Factor ETF SVAL 0001100663 S000073837 iShares ESG MSCI USA Min Vol Factor ETF C000231047 iShares ESG MSCI USA Min Vol Factor ETF ESMV 0001100663 S000074757 iShares Paris-Aligned Climate MSCI USA ETF C000232922 iShares Paris-Aligned Climate MSCI USA ETF PABU 0001524513 S000061254 iShares Evolved U.S. Consumer Staples ETF C000198374 iShares Evolved U.S. Consumer Staples ETF IECS 0001524513 S000061255 iShares Evolved U.S. Discretionary Spending ETF C000198375 iShares Evolved U.S. Discretionary Spending ETF IEDI 0001524513 S000061256 iShares Evolved U.S. Financials ETF C000198376 iShares Evolved U.S. Financials ETF IEFN 0001524513 S000061257 iShares Evolved U.S. Healthcare Staples ETF C000198377 iShares Evolved U.S. Healthcare Staples ETF IEHS 0001524513 S000061258 iShares Evolved U.S. Innovative Healthcare ETF C000198378 iShares Evolved U.S. Innovative Healthcare ETF IEIH 0001524513 S000061259 iShares Evolved U.S. Media and Entertainment ETF C000198379 iShares Evolved U.S. Media and Entertainment ETF IEME 0001524513 S000061260 iShares Evolved U.S. Technology ETF C000198380 iShares Evolved U.S. Technology ETF IETC 497 1 d322909d497.htm FORM 497 Form 497

iShares®

iShares, Inc.

iShares Trust

iShares U.S. ETF Trust

Supplement dated March 25, 2022 (the “Supplement”) to the

Prospectus and Statement of Additional Information (“SAI”)

for each of the funds listed in Appendix A (each, a “Fund”)

The information in this Supplement updates information in, and should be read in conjunction with, each Fund’s Prospectus and SAI, as applicable, for each Fund.

The following changes are expected to take place on or around April 25, 2022.

Change in each Fund’s “Conflicts of Interest” section of the Prospectus

The section of each Prospectus entitled “Conflicts of Interest” for each Fund is amended to add the following paragraph after the fifth paragraph:

Under an ETF Services Agreement, the Fund has retained BlackRock Investments, LLC (the “Distributor” or “BRIL”), an Affiliate of BFA, to perform certain order processing, Authorized Participant communications, and related services in connection with the issuance and redemption of Creation Units of the Fund (“ETF Services”). BRIL will retain a portion of the standard transaction fee received from Authorized Participants on each creation or redemption order from the Authorized Participant for the ETF Services provided. BlackRock collaborated with, and received payment from, Citibank, N.A. (“Citibank”) on the design and development of the ETF Services platform. Citibank may have, or from time to time may develop, additional relationships with BlackRock or funds managed by BFA and its affiliates.

Change in “Creation and Redemption of Creation Units” section of the SAI

The section of the SAI entitled “Costs Associated with Creation Transactions” for each Fund is deleted in its entirety and replaced with the following, although each SAI will reflect a “Standard Creation Transaction Fee” chart only for the SAI’s applicable Funds:

Costs Associated with Creation Transactions. A standard creation transaction fee is imposed to offset the transfer and other transaction

costs associated with the issuance of Creation Units. Under an ETF Services Agreement, the Funds have retained BRIL, an affiliate of BFA, to perform certain order processing, Authorized Participant communications, and related services in connection with the issuance and redemption of Creation Units of the Funds (“ETF Services”). BRIL will receive from an Authorized Participant a standard transaction fee on each creation order, which consists of (1) a fee for providing the ETF Services (the “ETF Servicing Fee”) and (2) transfer, processing and other transaction costs charged by a Fund custodian in connection with the issuance of Creation Units for such creation order (“Custody Transaction Costs”). BRIL is entitled to retain the ETF Servicing Fee pursuant to the ETF Services Agreement, but BRIL will reimburse any Custody Transaction Costs to the applicable Fund custodian according to the amounts invoiced by such custodian.

The ETF Servicing Fee is a flat fee per order regardless of the number of Creation Units being purchased, which amount will vary among different Funds based on a number of factors, including the complexity of the order and the types of securities or instruments included in a Fund’s Creation Basket, among other variables. The actual Custody Transaction Costs vary per order based on the number of trades, underlying markets and settlement locations associated with the issuance of a Creation Unit. The following table sets forth each applicable Fund’s standard creation transaction fee that would have been charged as of March 18, 2022, although the actual fee charged to an Authorized Participant in connection with a creation order will vary depending on the factors discussed above, and may be higher than the fee set forth below.

If a purchase consists solely or partially of cash, the Authorized Participant may also be required to cover (up to the maximum amount shown below) certain brokerage, tax, foreign exchange, execution, price movement and other costs and expenses related to the execution of trades resulting from such transaction (which may, in certain instances, be based on a good faith estimate of transaction costs). Authorized Participants will also bear the costs of transferring the Deposit Securities to the Funds. Certain fees/costs associated with creation transactions may be waived in certain circumstances. Investors who use the services of a broker or other financial intermediary to acquire Fund shares may be charged a fee for such services.

The following table sets forth each applicable Fund’s standard creation transaction fee that would have been charged as of March 18, 2022 and maximum additional charge (as described above):

 

Fund

   Standard
Creation
Transaction
Fee*		      Maximum
Additional
Charge**		  

iShares Biotechnology ETF

   $ 618.75        3.0 % 

iShares Cohen & Steers REIT ETF

   $ 188.75        3.0 % 

iShares Core Aggressive Allocation ETF

   $ 160.00        3.0 % 

iShares Core Conservative Allocation ETF

   $ 158.75        3.0 % 

iShares Core Dividend Growth ETF

   $ 673.75        3.0 % 

iShares Core Growth Allocation ETF

   $ 158.75        3.0 % 

iShares Core High Dividend ETF

   $ 263.75        3.0 % 

iShares Core Moderate Allocation ETF

   $ 158.75        3.0 % 

iShares Core S&P 500 ETF

   $ 782.50        3.0 % 

iShares Core S&P Mid-Cap ETF

   $ 655.00        3.0 % 

iShares Core S&P Total U.S. Stock Market ETF

   $ 4,730.00        3.0 % 

iShares Core S&P U.S. Growth ETF

   $ 741.25        3.0 % 

iShares Core S&P U.S. Value ETF

   $ 1,085.00        3.0 % 

iShares Core U.S. REIT ETF

   $ 335.00        3.0 % 

iShares ESG Advanced MSCI USA ETF

   $ 597.50        3.0 % 

iShares ESG Aware Aggressive Allocation ETF

   $ 156.25        3.0 % 

iShares ESG Aware Conservative Allocation ETF

   $ 156.25        3.0 % 

iShares ESG Aware Growth Allocation ETF

   $ 156.25        3.0 % 

iShares ESG Aware Moderate Allocation ETF

   $ 156.25        3.0 % 

iShares ESG Aware MSCI USA ETF

   $ 551.25        3.0 % 

iShares ESG Aware MSCI USA Small-Cap ETF

   $ 1,422.50        3.0 % 

iShares ESG MSCI USA Leaders ETF

   $ 487.50        3.0 % 

iShares ESG MSCI USA Min Vol Factor ETF

   $ 360.00        3.0 % 

iShares ESG Screened S&P 500 ETF

   $ 722.50        3.0 % 

iShares ESG Screened S&P Mid-Cap ETF

   $ 622.50        3.0 % 

Fund

   Standard
Creation
Transaction
Fee*		      Maximum
Additional
Charge**		  

iShares ESG Screened S&P Small-Cap ETF

   $ 776.25        3.0 % 

iShares Evolved U.S. Consumer Staples ETF

   $ 310.00        3.0 % 

iShares Evolved U.S. Discretionary Spending ETF

   $ 422.50        3.0 % 

iShares Evolved U.S. Financials ETF

   $ 511.25        3.0 % 

iShares Evolved U.S. Healthcare Staples ETF

   $ 358.75        3.0 % 

iShares Evolved U.S. Innovative Healthcare ETF

   $ 490.00        3.0 % 

iShares Evolved U.S. Media and Entertainment ETF

   $ 265.00        3.0 % 

iShares Evolved U.S. Technology ETF

   $ 468.75        3.0 % 

iSharesExpanded Tech Sector ETF

   $ 587.50        3.0 % 

iShares Expanded Tech-Software Sector ETF

   $ 311.25        3.0 % 

iShares Factors US Growth Style ETF

   $ 296.25        3.0 % 

iShares Factors US Value Style ETF

   $ 442.50        3.0 % 

iShares Micro-Cap ETF

   $ 2,386.25        3.0 % 

iShares Morningstar Growth ETF

   $ 771.25        3.0 % 

iShares Morningstar Mid-Cap ETF

   $ 863.75        3.0 % 

iShares Morningstar Mid-Cap Growth ETF

   $ 610.00        3.0 % 

iShares Morningstar Mid-Cap Value ETF

   $ 632.50        3.0 % 

iShares Morningstar Small-Cap ETF

   $ 2,638.75        3.0 % 

iShares Morningstar Small-Cap Growth ETF

   $ 1,611.25        3.0 % 

iShares Morningstar Small-Cap Value ETF

   $ 1,671.25        3.0 % 

iShares Morningstar U.S. Equity ETF

   $ 1,146.25        3.0 % 

iShares Morningstar Value ETF

   $ 853.75        3.0 % 

iShares Mortgage Real Estate ETF

   $ 193.75        3.0 % 

iShares MSCI USA Equal Weighted ETF

   $ 936.25        3.0 % 

iShares MSCI USA Mid-Cap Multifactor ETF

   $ 265.00        3.0 % 

iShares MSCI USA Min Vol Factor ETF

   $ 367.50        3.0 % 

iShares MSCI USA Momentum Factor ETF

   $ 302.50        3.0 % 

Fund

   Standard
Creation
Transaction
Fee*		      Maximum
Additional
Charge**		  

iShares MSCI USA Multifactor ETF

   $ 352.50        3.0 % 

iShares MSCI USA Quality Factor ETF

   $ 306.25        3.0 % 

iShares MSCI USA Size Factor ETF

   $ 936.25        3.0 % 

iShares MSCI USA Small-Cap Min Vol Factor ETF

   $ 573.75        3.0 % 

iShares MSCI USA Small-Cap Multifactor ETF

   $ 772.50        3.0 % 

iShares MSCI USA Value Factor ETF

   $ 340.00        3.0 % 

iShares North American Natural Resources ETF

   $ 291.25        3.0 % 

iShares North American Tech-Multimedia Networking ETF

   $ 178.75        3.0 % 

iShares Paris-Aligned Climate MSCI USA ETF

   $ 546.25        3.0 % 

iShares Preferred and Income Securities ETF

   $ 778.75        3.0 % 

iShares Residential and Multisector Real Estate ETF

   $ 205.00        3.0 % 

iShares Russell 1000 ETF

   $ 1,433.75        3.0 % 

iShares Russell 1000 Growth ETF

   $ 776.25        3.0 % 

iShares Russell 1000 Value ETF

   $ 1,216.25        3.0 % 

iShares Russell 2000 ETF

   $ 2,680.00        3.0 % 

iShares Russell 2000 Growth ETF

   $ 1,707.50        3.0 % 

iShares Russell 2000 Value ETF

   $ 1,947.50        3.0 % 

iShares Russell 2500 ETF

   $ 772.50        3.0 % 

iShares Russell 3000 ETF

   $ 3,613.75        3.0 % 

iShares Russell Mid-Cap ETF

   $ 1,185.00        3.0 % 

iShares Russell Mid-Cap Growth ETF

   $ 638.75        3.0 % 

iShares Russell Mid-Cap Value ETF

   $ 1,027.50        3.0 % 

iShares Russell Top 200 ETF

   $ 400.00        3.0 % 

iShares Russell Top 200 Growth ETF

   $ 290.00        3.0 % 

iShares Russell Top 200 Value ETF

   $ 341.25        3.0 % 

iShares S&P 100 ETF

   $ 278.75        3.0 % 

Fund

   Standard
Creation
Transaction
Fee*		      Maximum
Additional
Charge**		  

iShares S&P 500 Growth ETF

   $ 450.00        3.0 % 

iShares S&P 500 Value ETF

   $ 712.50        3.0 % 

iShares S&P Mid-Cap 400 Growth ETF

   $ 437.50        3.0 % 

iShares S&P Mid-Cap 400 Value ETF

   $ 523.75        3.0 % 

iShares S&P Small-Cap 600 Growth ETF

   $ 605.00        3.0 % 

iShares S&P Small-Cap 600 Value ETF

   $ 783.75        3.0 % 

iShares Select Dividend ETF

   $ 272.50        3.0 % 

iShares Semiconductor ETF

   $ 190.00        3.0 % 

iShares U.S. Dividend and Buyback ETF

   $ 551.25        3.0 % 

iShares U.S. Tech Breakthrough Multisector ETF

   $ 411.25        3.0 % 

iShares US Small Cap Value Factor ETF

   $ 481.25        3.0 % 

 

* The standard creation transaction fee consists of the ETF Servicing Fee and Custody Transaction Costs. The standard creation transaction fee may vary over time depending on the factors discussed above, and may be higher than the fee set forth above.

** As a percentage of the net asset value per Creation Unit.

The section of the SAI entitled “Costs Associated with Redemption Transactions” for each Fund is deleted in its entirety and replaced with the following, although each SAI will reflect a “Standard Redemption Transaction Fee” chart only for the SAI’s applicable Funds:

Costs Associated with Redemption Transactions. A standard redemption transaction fee is imposed to offset transfer and other transaction costs that may be incurred by the relevant Fund. As described above, under an ETF Services Agreement, the Funds have retained BRIL, an affiliate of BFA, to perform certain ETF Services. BRIL will receive from an Authorized Participant a standard transaction fee on each redemption order, which consists of (1) the ETF Servicing Fee and (2) Custody Transaction Costs. BRIL is entitled to retain the ETF Servicing Fee pursuant to the ETF Services Agreement, but BRIL will reimburse any Custody Transaction Costs to the applicable Fund custodian according to the amounts invoiced by such custodian.

The ETF Servicing Fee is a flat fee per order regardless of the number of Creation Units being redeemed, which amount will vary among different Funds based on a number of factors, including the complexity of the order and the types of securities or instruments included in a Fund’s Redemption Basket, among other variables. The actual Custody Transaction Costs vary per order based on the number of trades, underlying markets, and settlement locations associated with the redemption of a Creation Unit. The following table sets forth each applicable Fund’s standard redemption transaction fee that would have been charged as of March 18, 2022, although the actual fee charged to an Authorized Participant in connection with a redemption order will vary depending on the factors discussed above, and may be higher than the fee set forth below.

If a redemption consists solely or partially of cash, the Authorized Participant may also be required to cover (up to the maximum amount shown below) certain brokerage, tax, foreign exchange, execution, price movement and other costs and expenses related to the execution of trades resulting from such transaction (which may, in certain instances, be based on a good faith estimate of transaction costs). Authorized Participants will also bear the costs of transferring the Fund Securities from a Fund to their account on their order. Certain fees/costs associated with redemption transactions may be waived in certain circumstances. Investors who use the services of a broker or other financial intermediary to dispose of Fund shares may be charged a fee for such services.

The following table sets forth each applicable Fund’s standard redemption transaction fee that would have been charged as of March 18, 2022 and maximum additional charge (as described above):

 

Fund

    Standard
Redemption
Transaction
Fee*		      Maximum
Additional
Charge**		  

iShares Biotechnology ETF

    $ 618.75        2.0 % 

iShares Cohen & Steers REIT ETF

    $ 188.75        2.0 % 

iShares Core Aggressive Allocation ETF

    $ 160.00        2.0 % 

iShares Core Conservative Allocation ETF

    $ 158.75        2.0 % 

iShares Core Dividend Growth ETF

    $ 673.75        2.0 % 

iShares Core Growth Allocation ETF

    $ 158.75        2.0 % 

iShares Core High Dividend ETF

    $ 263.75        2.0 % 

Fund

    Standard
Redemption
Transaction
Fee*		      Maximum
Additional
Charge**		  

iShares Core Moderate Allocation ETF

    $ 158.75        2.0 % 

iShares Core S&P 500 ETF

    $ 782.50        2.0 % 

iShares Core S&P Mid-Cap ETF

    $ 655.00        2.0 % 

iShares Core S&P Total U.S. Stock Market ETF

    $ 4,730.00        2.0 % 

iShares Core S&P U.S. Growth ETF

    $ 741.25        2.0 % 

iShares Core S&P U.S. Value ETF

    $ 1,085.00        2.0 % 

iShares Core U.S. REIT ETF

    $ 335.00        2.0 % 

iShares ESG Advanced MSCI USA ETF

    $ 597.50        2.0 % 

iShares ESG Aware Aggressive Allocation ETF

    $ 156.25        2.0 % 

iShares ESG Aware Conservative Allocation ETF

    $ 156.25        2.0 % 

iShares ESG Aware Growth Allocation ETF

    $ 156.25        2.0 % 

iShares ESG Aware Moderate Allocation ETF

    $ 156.25        2.0 % 

iShares ESG Aware MSCI USA ETF

    $ 551.25        2.0 % 

iShares ESG Aware MSCI USA Small-Cap ETF

    $ 1,422.50        2.0 % 

iShares ESG MSCI USA Leaders ETF

    $ 487.50        2.0 % 

iShares ESG MSCI USA Min Vol Factor ETF

    $ 360.00        2.0 % 

iShares ESG Screened S&P 500 ETF

    $ 722.50        2.0 % 

iShares ESG Screened S&P Mid-Cap ETF

    $ 622.50        2.0 % 

iShares ESG Screened S&P Small-Cap ETF

    $ 776.25        2.0 % 

iShares Evolved U.S. Consumer Staples ETF

    $ 310.00        2.0 % 

iShares Evolved U.S. Discretionary Spending ETF

    $ 422.50        2.0 % 

iShares Evolved U.S. Financials ETF

    $ 511.25        2.0 % 

iShares Evolved U.S. Healthcare Staples ETF

    $ 358.75        2.0 % 

iShares Evolved U.S. Innovative Healthcare ETF

    $ 490.00        2.0 % 

iShares Evolved U.S. Media and Entertainment ETF

    $ 265.00        2.0 % 

iShares Evolved U.S. Technology ETF

    $ 468.75        2.0 % 

Fund

    Standard
Redemption
Transaction
Fee*		      Maximum
Additional
Charge**		  

iShares Expanded Tech Sector ETF

    $ 587.50        2.0 % 

iShares Expanded Tech-Software Sector ETF

    $ 311.25        2.0 % 

iShares Factors US Growth Style ETF

    $ 296.25        2.0 % 

iShares Factors US Value Style ETF

    $ 442.50        2.0 % 

iShares Micro-Cap ETF

    $ 2,386.25        2.0 % 

iShares Morningstar Growth ETF

    $ 771.25        2.0 % 

iShares Morningstar Mid-Cap ETF

    $ 863.75        2.0 % 

iShares Morningstar Mid-Cap Growth ETF

    $ 610.00        2.0 % 

iShares Morningstar Mid-Cap Value ETF

    $ 632.50        2.0 % 

iShares Morningstar Small-Cap ETF

    $ 2,638.75        2.0 % 

iShares Morningstar Small-Cap Growth ETF

    $ 1,611.25        2.0 % 

iShares Morningstar Small-Cap Value ETF

    $ 1,671.25        2.0 % 

iShares Morningstar U.S. Equity ETF

    $ 1,146.25        2.0 % 

iShares Morningstar Value ETF

    $ 853.75        2.0 % 

iShares Mortgage Real Estate ETF

    $ 193.75        2.0 % 

iShares MSCI USA Equal Weighted ETF

    $ 936.25        2.0 % 

iShares MSCI USA Mid-Cap Multifactor ETF

    $ 265.00        2.0 % 

iShares MSCI USA Min Vol Factor ETF

    $ 367.50        2.0 % 

iShares MSCI USA Momentum Factor ETF

    $ 302.50        2.0 % 

iShares MSCI USA Multifactor ETF

    $ 352.50        2.0 % 

iShares MSCI USA Quality Factor ETF

    $ 306.25        2.0 % 

iShares MSCI USA Size Factor ETF

    $ 936.25        2.0 % 

iShares MSCI USA Small-Cap Min Vol Factor ETF

    $ 573.75        2.0 % 

iShares MSCI USA Small-Cap Multifactor ETF

    $ 772.50        2.0 % 

iShares MSCI USA Value Factor ETF

    $ 340.00        2.0 % 

iShares North American Natural Resources ETF

    $ 291.25        2.0 % 

iShares North American Tech-Multimedia Networking ETF

    $ 178.75        2.0 % 

Fund

    Standard
Redemption
Transaction
Fee*		      Maximum
Additional
Charge**		  

iShares Paris-Aligned Climate MSCI USA ETF

    $ 546.25        2.0 % 

iShares Preferred and Income Securities ETF

    $ 778.75        2.0 % 

iShares Residential and Multisector Real Estate ETF

    $ 205.00        2.0 % 

iShares Russell 1000 ETF

    $ 1,433.75        2.0 % 

iShares Russell 1000 Growth ETF

    $ 776.25        2.0 % 

iShares Russell 1000 Value ETF

    $ 1,216.25        2.0 % 

iShares Russell 2000 ETF

    $ 2,680.00        2.0 % 

iShares Russell 2000 Growth ETF

    $ 1,707.50        2.0 % 

iShares Russell 2000 Value ETF

    $ 1,947.50        2.0 % 

iShares Russell 2500 ETF

    $ 772.50        2.0 % 

iShares Russell 3000 ETF

    $ 3,613.75        2.0 % 

iShares Russell Mid-Cap ETF

    $ 1,185.00        2.0 % 

iShares Russell Mid-Cap Growth ETF

    $ 638.75        2.0 % 

iShares Russell Mid-Cap Value ETF

    $ 1,027.50        2.0 % 

iShares Russell Top 200 ETF

    $ 400.00        2.0 % 

iShares Russell Top 200 Growth ETF

    $ 290.00        2.0 % 

iShares Russell Top 200 Value ETF

    $ 341.25        2.0 % 

iShares S&P 100 ETF

    $ 278.75        2.0 % 

iShares S&P 500 Growth ETF

    $ 450.00        2.0 % 

iShares S&P 500 Value ETF

    $ 712.50        2.0 % 

iShares S&P Mid-Cap 400 Growth ETF

    $ 437.50        2.0 % 

iShares S&P Mid-Cap 400 Value ETF

    $ 523.75        2.0 % 

iShares S&P Small-Cap 600 Growth ETF

    $ 605.00        2.0 % 

iShares S&P Small-Cap 600 Value ETF

    $ 783.75        2.0 % 

iShares Select Dividend ETF

    $ 272.50        2.0 % 

iShares Semiconductor ETF

    $ 190.00        2.0 % 

Fund

    Standard
Redemption
Transaction
Fee*		      Maximum
Additional
Charge**		  

iShares U.S. Dividend and Buyback ETF

    $ 551.25        2.0 % 

iShares U.S. Tech Breakthrough Multisector ETF

    $ 411.25        2.0 % 

iShares US Small Cap Value Factor ETF

    $ 481.25        2.0 % 

 

* The standard redemption transaction fee consists of the ETF Servicing Fee and Custody Transaction Costs. The standard redemption transaction fee may vary over time depending on the factors discussed above, and may be higher than the fee set forth above.

** As a percentage of the net asset value per Creation Unit.

Change in each Fund’s “Potential Conflicts of Interest” section of the SAI

After the paragraph stating that “BlackRock may not serve as an Authorized Participant in the creation and redemption of iShares ETFs” in the section of the SAI entitled “Potential Conflicts of Interest,” the following paragraph is inserted for each Fund:

Under an ETF Services Agreement, certain Funds have retained BlackRock Investments, LLC, an Affiliate of BFA, to perform certain order processing, Authorized Participant communications, and related services in connection with the issuance and redemption of Creation Units of the Funds (“ETF Services”). BRIL will retain a portion of the standard transaction fee received from Authorized Participants on each creation or redemption order from the Authorized Participant for the ETF Services provided. BlackRock collaborated with, and received payment from, Citibank, N.A. (“Citibank”) on the design and development of the ETF Services platform. Citibank may have, or from time to time may develop, additional relationships with BlackRock or funds managed by BFA and its affiliates.

Appendix A

Supplement to the Prospectus dated as of July 30, 2021 and SAI dated as of July 30, 2021 (as revised March 25, 2022):

iShares Biotechnology ETF

iShares North American Natural Resources ETF

iShares Expanded Tech Sector ETF

iShares North American Tech-Multimedia Networking ETF

iShares Expanded Tech-Software Sector ETF

iShares Core S&P Mid-Cap ETF

iShares S&P Mid-Cap 400 Value ETF

iShares S&P Mid-Cap 400 Growth ETF

iShares S&P Small-Cap 600 Value ETF

iShares S&P Small-Cap 600 Growth ETF

iShares Core S&P Total U.S. Stock Market ETF

iShares Core S&P U.S. Growth ETF

iShares Core S&P U.S. Value ETF

iShares Core S&P 500 ETF

iShares S&P 500 Value ETF

iShares S&P 500 Growth ETF

iShares Russell 1000 ETF

iShares Micro-Cap ETF

iShares Russell 1000 Value ETF

iShares Russell 1000 Growth ETF

iShares Russell Top 200 ETF

iShares Russell 2000 ETF

iShares Russell 2000 Value ETF

iShares Russell 2000 Growth ETF

iShares Russell Mid-Cap Growth ETF

iShares Russell Mid-Cap ETF

iShares Russell Mid-Cap Value ETF

iShares Russell 3000 ETF

iShares Russell Top 200 Value ETF

iShares Russell Top 200 Growth ETF

iShares S&P 100 ETF

iShares Mortgage Real Estate ETF

iShares Residential and Multisector Real Estate ETF

iShares Semiconductor ETF

iShares Factors US Growth Style ETF

iShares Factors US Value Style ETF

iShares US Small Cap Value Factor ETF

iShares ESG Screened S&P Mid-Cap ETF

iShares ESG Screened S&P Small-Cap ETF

iShares ESG Screened S&P 500 ETF

Supplement to the Prospectus dated as of July 30, 2021 (as revised October 1, 2021) and SAI dated as of July 30, 2021 (as revised March 25, 2022):

iShares Preferred and Income Securities ETF

Supplement to the Prospectus dated as of July 30, 2021 and SAI dated as of July 30, 2021 (as revised January 3, 2022):

iShares Russell 2500 ETF

Supplement to the Prospectus dated as of September 1, 2021 and SAI dated as of September 1, 2021 (as revised January 3, 2022):

iShares Core Dividend Growth ETF

iShares U.S. Dividend and Buyback ETF

iShares Select Dividend ETF

iShares Core High Dividend ETF

iShares Cohen & Steers REIT ETF

iShares Morningstar U.S. Equity ETF

iShares Morningstar Growth ETF

iShares Morningstar Value ETF

iShares Morningstar Mid-Cap ETF

iShares Morningstar Mid-Cap Growth ETF

iShares Morningstar Mid-Cap Value ETF

iShares Morningstar Small-Cap ETF

iShares Morningstar Small-Cap Growth ETF

iShares Morningstar Small-Cap Value ETF

iShares Core U.S. REIT ETF

Supplement to the Prospectus dated as of October 25, 2021 and SAI dated as of October 25, 2021 (as revised January 3, 2022):

iShares ESG MSCI USA Min Vol Factor ETF

Supplement to the Prospectus dated as of December 1, 2021 and SAI dated as of December 1, 2021 (as revised January 19, 2022):

iShares Core Aggressive Allocation ETF

iShares Core Conservative Allocation ETF

iShares Core Moderate Allocation ETF

iShares Core Growth Allocation ETF

iShares ESG Aware Aggressive Allocation ETF

iShares ESG Aware Conservative Allocation ETF

iShares ESG Aware Moderate Allocation ETF

iShares ESG Aware Growth Allocation ETF

Supplement to the Prospectus dated as of December 1, 2021 and SAI dated as of December 1, 2021 (as revised January 3, 2022):

iShares Evolved U.S. Consumer Staples ETF

iShares Evolved U.S. Discretionary Spending ETF

iShares Evolved U.S. Financials ETF

iShares Evolved U.S. Healthcare Staples ETF

iShares Evolved U.S. Innovative Healthcare ETF

iShares Evolved U.S. Media and Entertainment ETF

iShares Evolved U.S. Technology ETF

Supplement to the Prospectus dated as of December 1, 2021 and SAI dated as of December 1, 2021 (as revised January 3, 2022):

iShares MSCI USA Multifactor ETF

iShares MSCI USA Mid-Cap Multifactor ETF

iShares MSCI USA Momentum Factor ETF

iShares MSCI USA Quality Factor ETF

iShares MSCI USA Size Factor ETF

iShares MSCI USA Small-Cap Multifactor ETF

iShares MSCI USA Small-Cap Min Vol Factor ETF

iShares MSCI USA Min Vol Factor ETF

iShares MSCI USA Value Factor ETF

Supplement to the Prospectus dated as of December 1, 2021 (as revised February 7, 2022) and SAI dated as of December 1, 2021 (as revised January 3, 2022):

iShares U.S. Tech Breakthrough Multisector ETF

Supplement to the Prospectus dated as of December 22, 2021 (as revised February 7, 2022) and SAI dated as of December 22, 2021 (as revised February 18, 2022):

iShares Paris-Aligned Climate MSCI USA ETF

Supplement to the Prospectus dated as of December 30, 2021 and SAI dated as of December 30, 2021 (as revised February 7, 2022):

iShares ESG Aware MSCI USA ETF

iShares ESG Aware MSCI USA Small-Cap ETF

iShares ESG MSCI USA Leaders ETF

iShares ESG Advanced MSCI USA ETF

Supplement to the Prospectus and SAI, each dated as of December 30, 2021:

iShares MSCI USA Equal Weighted ETF

If you have any questions, please call 1-800-iShares (1-800-474-2737).

 

iShares® is a registered trademark of BlackRock Fund Advisors and its affiliates.

IS-A-ESP2-0322

 

 

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