Schedule of Investments (unaudited)	iShares^®ESG Aware MSCI EM ETF
May 31, 2021	(Percentages shown are based on Net Assets)

Security	Shares		Value

Common Stocks

Argentina — 0.1%
Globant SA^(a)		37,091	$	8,081,016

Brazil — 3.3%
Adecoagro SA^(a)		633,144		6,730,321
Atacadao SA		2,135,957		9,180,390
B3 SA - Brasil, Bolsa, Balcao		11,820,329		39,781,371
Banco Bradesco SA		1		3
Banco do Brasil SA		3,953,381		25,404,135
Banco Santander Brasil SA		3,037,103		24,020,835
CCR SA		2,979,319		7,877,471
Cia. Siderurgica Nacional SA		781,295		6,734,035
Cosan SA		2,036,491		9,131,914
CPFL Energia SA		2,016,106		11,106,242
Energisa SA		885,924		7,899,320
Localiza Rent a Car SA		2,124,528		25,539,014
Lojas Renner SA		1,199,065		10,767,358
Natura & Co. Holding SA^(a)		1,920,262		18,993,708
Notre Dame Intermedica Participacoes SA		472,292		8,010,033
Rumo SA^(a)		1,778,317		7,052,941
Telefonica Brasil SA		974,988		8,268,793
Ultrapar Participacoes SA		4,309,856		15,960,286
WEG SA		1,254,367		8,219,321
				250,677,491
Chile — 0.5%
Cia. Cervecerias Unidas SA		1,579,008		14,166,394
Empresas COPEC SA		830,125		8,375,726
Enel Americas SA		141,564,707		19,539,642
				42,081,762
China — 35.8%
360 Security Technology Inc., Class A^(a)		4,904,100		9,447,496
3SBio Inc.^(a)(b)		9,056,000		10,963,118
AAC Technologies Holdings Inc.^(c)		1,689,500		10,283,009
Agricultural Bank of China Ltd., Class H		26,795,000		10,872,312
Alibaba Group Holding Ltd.^(a)		10,887,356		296,242,273
Alibaba Group Holding Ltd., ADR^(a)		270,389		57,852,430
Alibaba Health Information Technology Ltd.^(a)		4,824,000		11,982,331
ANTA Sports Products Ltd.		549,000		11,216,790
Baidu Inc., ADR^(a)		236,338		46,386,059
Bank of Hangzhou Co. Ltd., Class A		2,710,500		7,041,506
Baozun Inc., ADR^(a)		220,767		7,658,407
BeiGene Ltd., ADR^(a)		36,857		13,213,603
Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A		1,331,383		13,134,404
Bilibili Inc., ADR^(a)(c)		101,012		10,826,466
BOE Technology Group Co. Ltd., Class A		7,482,000		7,442,583
BYD Co. Ltd., Class A		353,716		9,945,930
BYD Co. Ltd., Class H		1,006,500		23,432,322
BYD Electronic International Co. Ltd.		1,443,500		9,493,722
CanSino Biologics Inc., Class H^(a)(b)		222,400		9,840,979
China Construction Bank Corp., Class A		6,636,400		7,231,863
China Construction Bank Corp., Class H		95,891,000		78,760,256
China Eastern Airlines Corp. Ltd., Class A		11,410,637		9,728,181
China Everbright Environment Group Ltd.		17,850,666		10,737,996
China Feihe Ltd.^(b)		2,636,000		7,385,511
China Galaxy Securities Co. Ltd., Class H		12,254,500		7,688,546
China Gas Holdings Ltd.		2,484,000		9,271,312
China International Capital Corp. Ltd., Class H^(b)		4,468,800		13,192,908
China Jushi Co. Ltd., Class A		2,970,280		7,623,820

Security	Shares		Value

China (continued)
China Lesso Group Holdings Ltd.		6,797,000	$	17,896,401
China Medical System Holdings Ltd.		6,208,000		15,928,485
China Mengniu Dairy Co. Ltd.		1,421,000		8,621,552
China Merchants Bank Co. Ltd., Class A		833,500		7,633,090
China Merchants Bank Co. Ltd., Class H		4,550,000		42,126,067
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		6,410,065		11,691,426
China Molybdenum Co. Ltd., Class H		26,991,000		18,606,144
China Overseas Land & Investment Ltd.		3,040,000		7,275,210
China Pacific Insurance Group Co. Ltd., Class H		2,001,200		7,529,331
China Resources Land Ltd.		1,546,000		7,244,921
China Vanke Co. Ltd., Class H		4,248,500		14,702,455
China Zheshang Bank Co. Ltd., Class A		11,091,100		7,010,682
CIFI Holdings Group Co. Ltd.		8,652,000		7,561,879
Contemporary Amperex Technology Co. Ltd., Class A		336,801		22,996,592
COSCO SHIPPING Holdings Co. Ltd., Class H^(a)		3,243,000		6,824,776
Country Garden Services Holdings Co. Ltd.		2,083,000		21,619,722
CSPC Pharmaceutical Group Ltd.^(c)		10,733,520		16,861,064
ENN Energy Holdings Ltd.		644,700		11,860,137
Eve Energy Co. Ltd., Class A		455,020		7,960,509
Everbright Securities Co. Ltd., Class A		2,891,497		7,638,471
Fosun International Ltd.		19,677,000		31,910,730
Fuyao Glass Industry Group Co. Ltd., Class H^(b)		1,255,600		8,336,633
Ganfeng Lithium Co. Ltd., Class A		442,500		9,025,413
Geely Automobile Holdings Ltd.		8,048,000		20,462,077
GEM Co. Ltd., Class A		4,324,817		7,675,150
Genscript Biotech Corp.^(a)		2,328,000		9,133,959
GoerTek Inc., Class A		1,298,100		7,955,547
Great Wall Motor Co. Ltd., Class H		3,841,000		10,730,642
Greentown Service Group Co. Ltd.		4,868,000		7,738,848
Guangzhou Automobile Group Co. Ltd., Class H		8,319,200		7,077,061
Haitong Securities Co. Ltd., Class A		4,265,105		7,852,340
Haitong Securities Co. Ltd., Class H		10,522,000		10,043,568
HengTen Networks Group Ltd.^(a)		6,816,000		6,681,480
Hopson Development Holdings Ltd.		1,672,800		8,230,206
Huatai Securities Co. Ltd., Class A		2,985,400		8,066,577
Huatai Securities Co. Ltd., Class H^(b)		6,162,400		9,549,557
Huaxia Bank Co. Ltd., Class A		13,530,338		13,681,015
Industrial & Commercial Bank of China Ltd., Class H		30,317,000		19,903,396
Industrial Bank Co. Ltd., Class A		3,986,568		14,492,398
Innovent Biologics Inc.^(a)(b)		637,000		7,709,650
Jafron Biomedical Co. Ltd., Class A		449,600		6,113,670
JD Health International Inc.^(a)(b)		897,550		11,932,669
JD.com Inc., ADR^(a)		645,276		47,711,707
Jinxin Fertility Group Ltd.^(b)		4,014,000		11,564,513
KE Holdings Inc., ADR^(a)		291,709		15,136,780
Kingboard Laminates Holdings Ltd.		3,283,500		7,008,659
Kingdee International Software Group Co. Ltd.		6,348,000		25,795,877
Kingsoft Cloud Holdings Ltd., ADR^(a)(c)		190,272		7,432,024
Kingsoft Corp. Ltd.		1,332,000		8,986,884
Lee & Man Paper Manufacturing Ltd.		7,623,000		6,652,234
Lenovo Group Ltd.^(c)		20,458,000		24,538,141
Li Auto Inc., ADR^(a)		766,046		17,848,872
Li Ning Co. Ltd.		1,650,000		15,477,840
Longfor Group Holdings Ltd.^(b)		1,246,000		7,294,232
Meituan, Class B^(a)(b)		3,613,400		140,402,149
Microport Scientific Corp		1,433,000		11,988,746
Ming Yuan Cloud Group Holdings Ltd.^(a)		1,426,000		7,452,679
NetEase Inc., ADR		393,953		46,458,877
NIO Inc., ADR^(a)(c)		1,235,981		47,733,586

Schedule of Investments (unaudited) (continued)	iShares^®ESG Aware MSCI EM ETF
May 31, 2021	(Percentages shown are based on Net Assets)

Security	Shares		Value

China (continued)
Orient Securities Co. Ltd., Class A		5,152,732	$	8,606,100
Pharmaron Beijing Co. Ltd., Class H^(b)		310,700		7,437,382
Pinduoduo Inc., ADR^(a)		378,146		47,222,873
Ping An Insurance Group Co. of China Ltd., Class A		1,637,401		18,503,750
Ping An Insurance Group Co. of China Ltd., Class H		6,089,000		66,197,639
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		3,140,000		6,932,645
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A		761,700		8,311,529
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		5,107,700		11,547,279
Shenzhen Inovance Technology Co. Ltd., Class A		802,215		12,455,586
Shenzhen Investment Ltd.		46,138,000		16,390,841
Shenzhou International Group Holdings Ltd.		729,400		18,777,522
Sino Biopharmaceutical Ltd.		6,734,000		7,567,632
Sungrow Power Supply Co. Ltd., Class A		1,040,800		15,893,605
Suning.com Co. Ltd., Class A		9,808,237		10,498,169
Sunny Optical Technology Group Co. Ltd.		1,055,100		26,873,923
TAL Education Group, ADR^(a)		147,315		5,888,181
TCL Technology Group Corp., Class A		10,139,695		12,898,296
Tencent Holdings Ltd.		5,102,500		410,524,107
Tencent Music Entertainment Group, ADR^(a)		471,776		7,425,754
Tongcheng-Elong Holdings Ltd.^(a)		4,646,800		12,556,841
Topchoice Medical Corp., Class A^(a)		129,700		7,167,962
TravelSky Technology Ltd., Class H		3,514,000		7,608,062
Trip.com Group Ltd., ADR^(a)(c)		277,573		11,616,430
Unisplendour Corp. Ltd., Class A		3,013,142		9,562,530
Vipshop Holdings Ltd., ADR^(a)		482,994		11,171,651
Weimob Inc.^(a)(b)		3,412,000		7,813,715
WuXi AppTec Co. Ltd., Class A		287,908		7,578,603
WuXi AppTec Co. Ltd., Class H^(b)		338,280		7,237,217
Wuxi Biologics Cayman Inc., New^(a)(b)		3,814,000		59,653,318
Xiaomi Corp., Class B^(a)(b)		10,471,800		39,541,211
Xinjiang Goldwind Science & Technology Co. Ltd., Class H		9,568,536		16,310,050
Xinyi Solar Holdings Ltd.		10,024,000		17,984,163
XPeng Inc., ADR^(a)		511,474		16,433,660
Yadea Group Holdings Ltd.^(b)		7,050,000		15,708,763
Yum China Holdings Inc.		354,643		23,988,053
Yunnan Baiyao Group Co. Ltd., Class A		407,100		8,045,901
Zai Lab Ltd., ADR^(a)		60,395		10,729,776
Zhejiang Huayou Cobalt Co. Ltd., Class A		560,000		9,130,566
ZhongAn Online P&C Insurance Co. Ltd., Class H^(a)(b)		1,322,500		6,811,557
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H		6,054,400		7,301,292
				2,726,175,567
Colombia — 0.2%
Bancolombia SA		834,875		6,079,187
Interconexion Electrica SA ESP		1,241,789		6,704,589
				12,783,776
Cyprus — 0.1%
TCS Group Holding PLC, GDR^(d)		98,471		7,404,993

Czech Republic — 0.1%
Moneta Money Bank AS^(a)(b)		2,182,034		8,180,680

Egypt — 0.0%
Commercial International Bank Egypt SAE		176,139		601,686

Greece — 0.3%
OPAP SA		1,349,172		21,203,529

Security	Shares		Value

Hungary — 0.5%
MOL Hungarian Oil & Gas PLC^(a)		4,512,464	$	36,497,477

India — 9.8%
Adani Green Energy Ltd.^(a)		547,486		9,583,131
Asian Paints Ltd		777,474		31,917,279
Axis Bank Ltd.^(a)		2,427,168		25,039,470
Axis Bank Ltd., GDR^(a)(d)		148,974		7,597,674
Bajaj Finance Ltd.^(a)		224,083		17,396,228
Bandhan Bank Ltd.^(a)(b)		1,851,798		7,836,667
Bharat Petroleum Corp. Ltd.		1,346,348		8,763,330
Bharti Airtel Ltd.		1,451,601		10,726,295
Colgate-Palmolive India Ltd.		527,238		12,525,997
Dabur India Ltd.		4,554,767		34,057,629
Eicher Motors Ltd.^(a)		378,860		13,924,923
HCL Technologies Ltd.		1,760,700		22,965,480
HDFC Life Insurance Co. Ltd.^(a)(b)		824,772		7,565,821
Hero MotoCorp Ltd.		224,151		9,281,147
Hindalco Industries Ltd.		2,656,566		14,426,178
Hindustan Unilever Ltd.		1,047,559		33,819,804
Housing Development Finance Corp. Ltd.		1,902,008		66,852,788
ICICI Bank Ltd.^(a)		4,840,912		44,377,237
Info Edge India Ltd.^(a)		183,774		11,052,632
Infosys Ltd.		3,207,350		61,643,435
Kotak Mahindra Bank Ltd.^(a)		715,665		17,823,745
Mahindra & Mahindra Ltd.		279,105		3,111,927
Mahindra & Mahindra Ltd., GDR.		1,402,439		16,511,545
Marico Ltd.		1,461,999		9,602,508
Nestle India Ltd.		99,811		24,271,483
Piramal Enterprises Ltd.		510,094		12,746,731
Reliance Industries Ltd.		1,904,463		56,539,741
Reliance Industries Ltd., GDR^(b)		169,724		9,784,589
Shree Cement Ltd.^(a)		17,482		6,667,789
Shriram Transport Finance Co. Ltd.		383,553		7,529,695
State Bank of India^(a)		2,697,139		15,785,103
Tata Consultancy Services Ltd.		1,233,418		53,800,841
Tata Consumer Products Ltd.		1,283,763		11,747,087
Tata Steel Ltd.		438,965		6,823,584
Titan Co. Ltd.		772,871		16,971,711
UPL Ltd.		808,277		9,088,334
Wipro Ltd.		2,432,673		18,087,752
				748,247,310
Indonesia — 1.1%
Aneka Tambang Tbk		40,925,800		7,021,589
Bank Central Asia Tbk PT		15,377,500		34,291,454
Bank Mandiri Persero Tbk PT		17,351,600		7,277,374
Bank Rakyat Indonesia Persero Tbk PT		1,625,900		484,913
Kalbe Farma Tbk PT		163,692,900		16,607,236
Telkom Indonesia Persero Tbk PT		35,147,900		8,477,589
Unilever Indonesia Tbk PT		25,769,200		10,556,561
				84,716,716
Kuwait — 0.3%
Kuwait Finance House KSCP		9,759,953		24,160,708
National Bank of Kuwait SAKP		516,625		1,427,176
				25,587,884
Malaysia — 2.3%
AMMB Holdings Bhd		10,308,100		7,106,043
CIMB Group Holdings Bhd		6,568,400		6,800,920
Hartalega Holdings Bhd^(c)		3,453,900		7,512,141
Kossan Rubber Industries		6,897,200		6,742,476

Schedule of Investments (unaudited) (continued)	iShares^®ESG Aware MSCI EM ETF
May 31, 2021	(Percentages shown are based on Net Assets)

Security	Shares		Value

Malaysia (continued)
Malayan Banking Bhd^(c)		7,977,400	$	15,779,176
Maxis Bhd		10,232,100		11,505,596
Nestle Malaysia Bhd		924,300		30,514,485
Petronas Dagangan Bhd		4,237,000		19,369,368
PPB Group Bhd		1,915,400		8,581,882
Public Bank Bhd		26,140,700		26,623,267
RHB Bank Bhd		10,267,900		13,166,093
Sime Darby Plantation Bhd		7,689,100		8,460,908
Supermax Corp. Bhd^(c)		6,369,653		6,347,999
Telekom Malaysia Bhd		7,313,000		10,877,638
				179,387,992
Mexico — 1.6%
Arca Continental SAB de CV		1,093,700		6,156,524
Cemex SAB de CV, CPO, NVS^(a)		16,398,800		13,831,702
Coca-Cola Femsa SAB de CV		2,792,600		13,950,381
Fomento Economico Mexicano SAB de CV		3,559,000		30,016,890
Grupo Bimbo SAB de CV, Series A		4,383,700		9,633,224
Grupo Financiero Banorte SAB de CV, Class O		4,123,400		28,554,100
Wal-Mart de Mexico SAB de CV		5,919,400		19,483,676
				121,626,497
Peru — 0.2%
Credicorp Ltd.		123,529		16,981,532

Philippines — 0.1%
Bank of the Philippine Islands		4,356,020		7,655,331

Poland — 0.6%
Bank Polska Kasa Opieki SA^(a)		377,530		9,851,620
KGHM Polska Miedz SA^(a)		286,336		15,730,605
Polski Koncern Naftowy ORLEN SA		783,909		17,436,482
				43,018,707
Qatar — 0.7%
Commercial Bank PSQC (The)		9,267,648		13,403,416
Qatar National Bank QPSC		8,850,847		42,349,695
				55,753,111
Russia — 3.3%
Gazprom PJSC		7,019,550		24,934,985
LUKOIL PJSC		709,483		58,009,793
Novatek PJSC, GDR^(d)		164,680		32,783,184
Novolipetsk Steel PJSC		5,513,170		19,681,861
PhosAgro PJSC, GDR^(d)		693,706		14,193,225
Polymetal International PLC		927,057		21,983,962
Polyus PJSC		84,720		18,339,415
Rosneft Oil Co. PJSC		785,940		5,687,430
Sberbank of Russia PJSC		9,954,530		42,055,626
Yandex NV, Class A^(a)		176,032		11,839,471
				249,508,952
Saudi Arabia — 2.2%
Al Rajhi Bank		793,984		21,868,604
Almarai Co. JSC		742,283		10,917,756
Bank AlBilad		987,075		9,959,111
Dr Sulaiman Al Habib Medical Services Group Co.		359,010		15,797,702
Saudi Arabian Mining Co.^(a)		755,553		11,949,930
Saudi Arabian Oil Co.^(b)		1,138,363		10,720,401
Saudi Basic Industries Corp.		1,746,992		58,054,734
Saudi British Bank (The)		1,018,302		8,327,225
Saudi National Bank		908,376		12,861,747
Savola Group (The)		935,338		10,189,913
				170,647,123

Security	Shares		Value

South Africa — 4.6%
Absa Group Ltd.^(a)		894,480	$	9,293,927
Anglo American Platinum Ltd		55,123		7,268,211
Aspen Pharmacare Holdings Ltd.^(a)		561,962		6,565,143
Bidvest Group Ltd. (The)		964,069		13,586,642
Clicks Group Ltd.		695,808		13,001,038
FirstRand Ltd.		2,726,531		11,085,030
Gold Fields Ltd.		1,190,310		15,010,121
Growthpoint Properties Ltd.		12,518,289		13,125,753
Impala Platinum Holdings Ltd.		932,227		16,943,292
Kumba Iron Ore Ltd.		395,885		18,369,306
MTN Group Ltd.^(a)		1,101,504		7,946,368
MultiChoice Group		1,010,778		10,109,064
Naspers Ltd., Class N		403,210		89,293,192
NEPI Rockcastle PLC		2,015,257		14,063,112
Old Mutual Ltd.		25,814,747		26,779,146
Sibanye Stillwater Ltd.		1,493,026		7,069,048
Standard Bank Group Ltd.		1,866,158		18,363,956
Vodacom Group Ltd.		3,693,304		35,061,956
Woolworths Holdings Ltd.^(a)		3,693,227		14,949,500
				347,883,805
South Korea — 11.9%
Amorepacific Corp.		54,105		13,907,698
AMOREPACIFIC Group		275,938		19,180,386
Celltrion Healthcare Co. Ltd.^(a)		70,275		7,605,860
Celltrion Inc.^(a)		37,254		9,159,791
CJ CheilJedang Corp.		38,769		16,975,526
Hankook Tire & Technology Co. Ltd.		199,502		8,733,723
Hanwha Solutions Corp.^(a)		186,956		7,542,020
HMM Co. Ltd.^(a)		208,245		8,934,002
Hyundai Motor Co.		67,904		14,274,905
Kakao Corp.		230,157		25,368,600
KB Financial Group Inc.		623,069		32,931,520
LG Chem Ltd.		41,764		30,637,740
LG Corp.		93,829		8,493,165
LG Display Co. Ltd.^(a)(c)		881,300		18,996,482
LG Electronics Inc.		156,181		21,285,805
LG Household & Health Care Ltd.		12,114		16,920,852
LX Holdings Corp.^(a)		45,501		446,728
NAVER Corp.		139,422		45,294,969
NCSoft Corp.		11,276		8,778,465
POSCO		94,839		30,163,195
Samsung C&T Corp.		99,119		12,295,806
Samsung Electro-Mechanics Co. Ltd.		61,689		9,431,642
Samsung Electronics Co. Ltd.		4,415,268		318,511,679
Samsung Engineering Co. Ltd.^(a)		400,357		6,785,458
Samsung Fire & Marine Insurance Co. Ltd.		76,462		14,485,334
Samsung Life Insurance Co. Ltd.		110,569		8,297,193
Samsung SDI Co. Ltd.		65,825		36,305,282
Samsung SDS Co. Ltd.		60,372		9,818,872
Shinhan Financial Group Co. Ltd.		959,558		36,579,820
SK Holdings Co. Ltd.		77,483		18,374,205
SK Hynix Inc.		483,952		55,129,394
SK Innovation Co. Ltd.^(a)		65,061		15,432,072
SK Telecom Co. Ltd.		75,866		21,640,430
				908,718,619
Taiwan — 15.0%
Acer Inc.		15,328,000		17,594,920
ASE Technology Holding Co. Ltd.		2,270,000		9,104,298
Asustek Computer Inc.		496,000		7,054,398

Schedule of Investments (unaudited) (continued)	iShares^®ESG Aware MSCI EM ETF
May 31, 2021	(Percentages shown are based on Net Assets)

Security	Shares		Value

Taiwan (continued)
AU Optronics Corp.^(a)	9,999,000	$	9,244,934
Cathay Financial Holding Co. Ltd.	32,631,110		65,682,956
Chailease Holding Co. Ltd.	1,317,352		9,902,193
China Steel Corp.	16,270,000		21,660,471
Chunghwa Telecom Co. Ltd.	4,311,000		17,661,435
CTBC Financial Holding Co. Ltd.	64,994,000		53,955,135
Delta Electronics Inc.	2,329,000		24,813,922
E.Sun Financial Holding Co. Ltd.	44,161,509		40,645,992
Evergreen Marine Corp. Taiwan Ltd.^(a)	4,942,000		17,541,544
First Financial Holding Co. Ltd.	54,029,960		42,882,526
Fubon Financial Holding Co. Ltd.	18,535,000		48,284,684
Hiwin Technologies Corp.	646,821		8,554,154
Hon Hai Precision Industry Co. Ltd.	5,606,000		22,904,144
Hotai Motor Co. Ltd.	498,000		10,233,869
Innolux Corp.	10,631,000		9,305,930
Lite-On Technology Corp.	4,985,039		11,896,928
MediaTek Inc.	1,324,000		47,358,625
Mega Financial Holding Co. Ltd.	12,582,000		15,012,048
President Chain Store Corp.	3,340,000		31,863,892
Taishin Financial Holding Co. Ltd.	79,553,224		42,434,003
Taiwan Semiconductor Manufacturing Co. Ltd.	23,468,000		504,188,397
Unimicron Technology Corp.	2,194,000		8,871,179
United Microelectronics Corp.	10,976,000		20,864,177
Yageo Corp.	641,000		11,635,783
Yuanta Financial Holding Co. Ltd.	12,482,040		11,515,969
			1,142,668,506
Thailand — 2.3%
Advanced Info Service PCL, NVDR	1,442,900		7,776,421
Bangkok Dusit Medical Services PCL, NVDR	28,260,000		19,508,251
BTS Group Holdings PCL, NVDR^(c)	78,353,200		22,935,210
Central Pattana PCL, NVDR	4,680,400		7,595,915
Delta Electronics Thailand PCL, NVDR	441,800		8,224,826
Home Product Center PCL, NVDR	24,121,900		10,718,617
Kasikornbank PCL, NVDR	2,344,200		8,922,393
Minor International PCL, NVDR^(a)	8,501,500		8,702,950
PTT Exploration & Production PCL, NVDR	2,659,100		10,070,784
PTT Global Chemical PCL, NVDR	4,740,900		9,581,102
PTT PCL, NVDR	18,986,500		23,969,849
Siam Cement PCL (The), NVDR	1,693,500		23,733,675
Siam Commercial Bank PCL (The), NVDR	3,258,700		10,679,825
			172,419,818
Turkey — 0.2%
Turkcell Iletisim Hizmetleri AS	7,614,396		14,080,732

United Arab Emirates — 0.8%
Abu Dhabi Commercial Bank PJSC	5,077,102		9,407,866
Abu Dhabi Islamic Bank PJSC	3,769,815		5,698,894
First Abu Dhabi Bank PJSC	9,502,099		43,623,894
			58,730,654
Total Common Stocks — 97.9%
(Cost: $5,787,104,085)			7,461,321,266

Preferred Stocks

Brazil — 1.1%
Banco Bradesco SA, Preference Shares, NVS	7,997,835		40,636,008

Security	Shares		Value

Brazil (continued)
Cia. Energetica de Minas Gerais, Preference Shares, NVS.		7,165,024	$	18,669,729
Gerdau SA, Preference Shares, NVS		1,200,447		7,582,692
Itau Unibanco Holding SA, Preference Shares, NVS		2,804,455		15,895,696
				82,784,125
Colombia — 0.1%
Bancolombia SA, Preference Shares, NVS		994,579		7,403,015

South Korea — 0.8%
LG Household & Health Care Ltd., Preference Shares, NVS		11,954		7,714,112
Samsung Electronics Co. Ltd., Preference Shares, NVS		844,986		55,272,561
				62,986,673
Total Preferred Stocks — 2.0%
(Cost: $122,856,920)				153,173,813

Warrants

Thailand — 0.0%
Minor International PCL (Expires 02/15/24)^(a)		515,287		69,255
Minor International PCL (Expires 05/05/23)^(a)		568,593		88,791
				158,046
Total Warrants — 0.0%
(Cost: $0)				158,046

Short-Term Investments

Money Market Funds — 0.7%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.06%^(e)(f)(g)		58,211,408		58,246,335

Total Short-Term Investments — 0.7%
(Cost: $58,232,808)				58,246,335

Total Investments in Securities — 100.6%
(Cost: $5,968,193,813)				7,672,899,460

Other Assets, Less Liabilities — (0.6)%				(49,286,852	)

Net Assets — 100.0%			$	7,623,612,608

^(a)

Non-income producing security.

^(b)

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.

^(c)

All or a portion of this security is on loan.

^(d)

This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^(e)

Affiliate of the Fund.

^(f)

Annualized 7-day yield as of period-end.

^(g)

All or a portion of this security was purchased with cash collateral received from loaned securities.

Schedule of Investments (unaudited) (continued)	iShares^®ESG Aware MSCI EM ETF
May 31, 2021

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 08/31/20		Purchases at Cost			Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)		Value at 05/31/21		Shares Held at 05/31/21		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	16,678,651	$	41,573,788	^(a)	$	—		$	(7,613	)	$	1,509	$	58,246,335		58,211,408	$	880,780	^(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares^(c)		3,950,000		—			(3,950,000	)^(a)		—			—		—		—		4,109			—
									$	(7,613	)	$	1,509	$	58,246,335			$	884,889		$	—

^(a)

Represents net amount purchased (sold).

^(b)

All or a portion 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.

^(c)

As of period end, the entity is no longer held.

Futures Contracts

Description

Number of Contracts

Expiration Date

Notional Amount (000)

Value/ Unrealized Appreciation (Depreciation)

Long Contracts

MSCI Emerging Markets E-Mini Index

06/18/21

2,722

66,230

Fair Value Measurements

Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of May 31, 2021. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.

	Level 1		Level 2		Level 3		Total
Investments
Assets
Common Stocks	$	1,135,286,515	$	6,326,034,751	$	—	$	7,461,321,266
Preferred Stocks		90,187,140		62,986,673		—		153,173,813
Warrants		158,046		—		—		158,046
Money Market Funds		58,246,335		—		—		58,246,335
	$	1,283,878,036	$	6,389,021,424	$	—	$	7,672,899,460
Derivative financial instruments^(a)
Assets
Futures Contracts	$	66,230	$	—	$	—	$	66,230

^(a)

Shown at the unrealized appreciation (depreciation) on the contracts.

Portfolio Abbreviations - Equity

ADR	American Depositary Receipt
CPO	Certificates of Participation (Ordinary)
GDR	Global Depositary Receipt
NVDR	Non-Voting Depositary Receipt
NVS	Non-Voting Shares
PJSC	Public Joint Stock Company