Schedule of Investments (unaudited)	iShares® MSCI Global Gold Miners ETF
May 31, 2021	(Percentages shown are based on Net Assets)

Security	Shares		Value
Common Stocks
Australia — 6.8%
De Grey Mining Ltd.(a)(b)		2,856,086	$	3,407,798
Newcrest Mining Ltd.		1,218,917		26,548,193
Resolute Mining Ltd.(a)		3,743,746		1,756,247
St. Barbara Ltd.		2,289,399		3,353,541
West African Resources Ltd.(a)		2,634,395		2,235,352
Westgold Resources Ltd.(a)		1,654,066		2,899,659
				40,200,790
Canada — 52.8%
Agnico Eagle Mines Ltd.		366,889		25,969,685
Alamos Gold Inc., Class A		1,021,153		9,264,382
Argonaut Gold Inc.(a)		910,658		2,374,548
B2Gold Corp.		2,514,743		12,864,626
Barrick Gold Corp.		3,813,068		90,398,798
Calibre Mining Corp.(a)		853,686		1,505,195
Centerra Gold Inc.		629,107		5,093,056
Eldorado Gold Corp.(a)		495,062		5,864,275
Endeavour Mining Corp.		477,788		11,532,882
Equinox Gold Corp.(a)		681,567		6,414,815
IAMGOLD Corp.(a)		1,449,132		5,218,099
Kinross Gold Corp.		2,906,529		23,410,063
Kirkland Lake Gold Ltd.		607,734		26,109,345
Lundin Gold Inc.(a)(b)		215,397		2,150,315
New Gold Inc.(a)		2,249,854		4,767,705
Pretium Resources Inc.(a)		469,730		5,334,792
SSR Mining Inc.		555,320		10,181,978
Torex Gold Resources Inc.(a)		296,365		4,329,988
Wesdome Gold Mines Ltd.(a)		392,695		3,617,976
Wheaton Precious Metals Corp.		925,470		43,873,736
Yamana Gold Inc.		2,338,295		12,136,178
				312,412,437
Indonesia — 0.9%
Aneka Tambang Tbk		29,415,300		5,046,747
Peru — 1.5%
Cia. de Minas Buenaventura SAA, ADR(a)		557,970		6,427,815
Hochschild Mining PLC		892,079		2,484,664
				8,912,479
Russia — 3.3%
Polymetal International PLC		813,185		19,283,634
South Africa — 10.0%
AngloGold Ashanti Ltd.		951,582		23,498,077

Security	Shares		Value
South Africa (continued)
DRDGOLD Ltd.		1,475,895	$	1,878,014
Gold Fields Ltd.		2,054,128		25,903,092
Harmony Gold Mining Co. Ltd.		1,489,502		7,968,847
				59,248,030
Turkey — 0.5%
Koza Altin Isletmeleri AS(a)(b)		230,493		3,218,278
United Kingdom — 0.8%
Centamin PLC		3,216,643		5,014,611
United States — 23.0%
Coeur Mining Inc.(a)(b)		652,998		6,791,179
McEwen Mining Inc.(a)(b)		1,517,085		2,230,115
Newmont Corp.		1,731,374		127,221,362
				136,242,656
Total Common Stocks — 99.6%
(Cost: $476,617,936)				589,579,662
Short-Term Investments
Money Market Funds — 0.6%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.06%(c)(d)(e)		3,334,608		3,336,609
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(c)(d)		160,000		160,000
				3,496,609
Total Short-Term Investments — 0.6%
(Cost: $3,495,011)				3,496,609
Total Investments in Securities — 100.2%
(Cost: $480,112,947)				593,076,271
Other Assets, Less Liabilities — (0.2)%				(1,193,858	)
Net Assets—100.0%			$	591,882,413

^(a) Non-income producing security.

^(b) All or a portion of this security is on loan.

^(c) Affiliate of the Fund.

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

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

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Schedule of Investments (unaudited) (continued)	iShares® MSCI Global Gold Miners 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	$	6,578,219	$	—	$	(3,238,527	)(a)	$	(2,282	)	$	(801	)	$	3,336,609	3,334,608	$	56,664	(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		240,000		—		(80,000	)(a)		—			—			160,000	160,000		131			—
								$	(2,282	)	$	(801	)	$	3,496,609		$	56,795		$	—

^(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.

Futures Contracts

Description	Number of Contracts		Expiration Date	Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)
Long Contracts   S&P/TSX 60 Index		10	06/17/21	$	1,951	$	13,929

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	$	481,799,263	$	107,780,399	$	—	$	589,579,662
Money Market Funds		3,496,609		—		—		3,496,609
	$	485,295,872	$	107,780,399	$	—	$	593,076,271
Derivative financial instruments(a)
Assets
Futures Contracts	$	13,929	$	—	$	—	$	13,929

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

Portfolio Abbreviations - Equity
ADR	American Depositary Receipt

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