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

Security	Shares		Value
Common Stocks
Banks — 22.1%
Banco de Chile		414,493,003	$	42,736,546
Banco de Credito e Inversiones SA		426,610		20,373,645
Banco Santander Chile		376,703,016		20,771,961
Grupo Security SA		22,732,263		4,362,900
Itau CorpBanca Chile SA(a)		2,124,312,484		6,626,565
				94,871,617
Beverages — 5.6%
Cia. Cervecerias Unidas SA		1,648,137		14,786,598
Vina Concha y Toro SA		5,006,317		9,217,981
				24,004,579
Diversified Financial Services — 0.8%
Inversiones La Construccion SA		678,357		3,651,518
Electric Utilities — 11.3%
Enel Americas SA		196,470,357		27,118,062
Enel Chile SA		255,612,216		15,668,376
Engie Energia Chile SA		7,003,933		5,655,349
				48,441,787
Food & Staples Retailing — 5.8%
Cencosud SA		9,241,330		19,196,966
SMU SA		41,105,127		5,787,057
				24,984,023
Independent Power and Renewable Electricity Producers — 4.4%
AES Gener SA		48,805,765		7,046,353
Colbun SA		85,600,312		11,696,937
				18,743,290
IT Services — 1.2%
SONDA SA		8,744,543		5,159,703
Marine — 2.8%
Cia. Sud Americana de Vapores SA		168,083,542		11,827,328
Metals & Mining — 3.4%
CAP SA		792,952		14,414,324
Multiline Retail — 5.6%
Falabella SA		4,332,609		19,569,399
Ripley Corp. SA		16,111,741		4,547,981
				24,117,380

Security	Shares		Value
Oil, Gas & Consumable Fuels — 8.4%
Empresas COPEC SA		3,558,527	$	35,904,530
Paper & Forest Products — 4.4%
Empresas CMPC SA		7,400,861		19,102,291
Real Estate Management & Development — 2.7%
Cencosud Shopping SA		849,218		1,617,558
Parque Arauco SA(a)		6,765,547		9,814,479
				11,432,037
Textiles, Apparel & Luxury Goods — 1.1%
Forus SA		2,240,899		4,559,124
Water Utilities — 2.5%
Aguas Andinas SA, Class A		35,224,232		6,723,477
Inversiones Aguas Metropolitanas SA		7,421,164		4,087,018
				10,810,495
Wireless Telecommunication Services — 2.2%
Empresa Nacional de Telecomunicaciones SA		1,781,296		9,330,352
Total Common Stocks — 84.3%
(Cost: $317,178,452)				361,354,378

Preferred Stocks

Beverages — 2.3%
Embotelladora Andina SA, Class B, Preference  Shares, NVS	4,215,904		10,066,962
Chemicals — 12.9%
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares, NVS	1,233,710		55,257,266
Total Preferred Stocks — 15.2%
(Cost: $42,656,068)			65,324,228
Total Investments in Securities — 99.5%
(Cost: $359,834,520)			426,678,606
Other Assets, Less Liabilities — 0.5%			1,964,576
Net Assets — 100.0%		$	428,643,182

^(a)   Non-income producing security.

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: Treasury, SL Agency Shares(a)	$	2,080,000	$	—	$	(2,080,000	)(b)	$	—	$	—		—		—	$	387	$	—

(a)	As of period end, the entity is no longer held.
(b)	Represents net amount purchased (sold).

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Schedule of Investments (unaudited) (continued)	iShares ® MSCI Chile ETF
May 31, 2021

Futures Contracts
							Value/
				Notional			Unrealized
	Number of	Expiration		Amount			Appreciation
Description	Contracts	Date		(000	)		(Depreciation)
Long Contracts
MSCI Emerging Markets E-Mini Index	27	06/18/21	$	1,837		$	40,128

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	$	361,354,378	$	—	$	—	$	361,354,378
Preferred Stocks		65,324,228		—		—		65,324,228
	$	426,678,606	$	—	$	—	$	426,678,606
Derivative financial instruments(a)
Assets
Futures Contracts	$	40,128	$	—	$	—	$	40,128

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

Portfolio Abbreviations - Equity

NVS                   Non-Voting Shares

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