iShares
®
International
Equity
Factor
ETF
Schedule
of
Investments
(unaudited)
April
30,
2026
(Percentages
shown
are
based
on
Net
Assets)
1
Schedule
of
Investments
Security
Shares
Value
a
Common
Stocks
Australia
 — 6.7%
AGL
Energy
Ltd.
.........................
1,044,376
$
7,236,439
ANZ
Group
Holdings
Ltd.
...................
162,227
4,308,994
Aristocrat
Leisure
Ltd.
......................
77,894
2,679,980
ASX
Ltd.
..............................
54,388
2,380,724
Aurizon
Holdings
Ltd.
......................
3,630,353
10,967,365
BHP
Group
Ltd.
..........................
775,194
30,681,669
BlueScope
Steel
Ltd.
......................
350,308
7,615,338
Brambles
Ltd.
...........................
480,413
7,827,116
Cochlear
Ltd.
...........................
4,559
310,200
Coles
Group
Ltd.
.........................
454,312
7,240,823
Commonwealth
Bank
of
Australia
..............
190,020
23,934,277
Computershare
Ltd.
.......................
106,149
2,332,008
Endeavour
Group
Ltd.
.....................
294,812
713,740
Fortescue
Ltd.
...........................
548,122
7,900,121
Goodman
Group
.........................
120,088
2,601,796
IGO
Ltd.
(a)
..............................
108,225
595,486
JB
Hi-Fi
Ltd.
............................
254,469
14,211,306
Macquarie
Group
Ltd.
......................
14,359
2,466,764
Origin
Energy
Ltd.
........................
966,249
8,448,986
Pro
Medicus
Ltd.
.........................
30,396
2,983,295
Qantas
Airways
Ltd.
.......................
356,961
2,182,599
Regis
Resources
Ltd.
......................
1,392,429
7,139,744
Rio
Tinto
Ltd.
...........................
229,509
28,112,455
Scentre
Group
...........................
467,869
1,257,253
South32
Ltd.
............................
282,961
838,568
Stockland
..............................
1,874,357
5,496,923
Telstra
Group
Ltd.
........................
2,770,176
10,638,923
Ventia
Services
Group
Pty
Ltd.
................
996,336
3,835,576
Wesfarmers
Ltd.
.........................
118,751
6,308,332
Westpac
Banking
Corp.
....................
65,261
1,825,785
Whitehaven
Coal
Ltd.
......................
1,037,966
6,342,626
Woolworths
Group
Ltd.
.....................
298,384
7,409,021
Xero
Ltd.
(a)
.............................
10,009
587,811
229,412,043
a
Austria
 — 0.7%
ANDRITZ
AG
...........................
33,222
2,822,894
BAWAG
Group
AG
(b)
.......................
34,306
5,874,929
OMV
AG
..............................
46,509
3,283,074
Raiffeisen
Bank
International
AG
..............
125,722
6,857,584
Verbund
AG
............................
66,270
5,000,286
voestalpine
AG
..........................
20,145
1,041,557
24,880,324
a
Belgium
 — 0.4%
Ageas
SA/N.V.
..........................
161,057
12,621,172
Syensqo
SA
............................
29,873
1,981,751
14,602,923
a
Canada
 — 7.4%
Agnico
Eagle
Mines
Ltd.
....................
21,930
4,123,812
Bank
of
Montreal
.........................
22,025
3,353,812
Barrick
Mining
Corp.
.......................
204,093
8,018,878
BCE,
Inc.
..............................
254,489
6,047,709
Bombardier,
Inc.,
Class
B
(a)(c)
.................
6,687
1,420,941
Canadian
Imperial
Bank
of
Commerce
..........
42,045
4,691,545
Canadian
National
Railway
Co.
...............
25,163
2,826,311
Canadian
Natural
Resources
Ltd.
..............
235,846
11,257,964
Celestica,
Inc.
(a)
..........................
17,809
7,311,608
CGI,
Inc.
..............................
113,800
7,448,712
Constellation
Software,
Inc.
..................
165
300,506
Dollarama,
Inc.
..........................
35,847
4,581,322
Enbridge,
Inc.
...........................
20,213
1,121,101
Security
Shares
Value
a
Canada
(continued)
Fairfax
Financial
Holdings
Ltd.
................
4,200
$
7,268,240
Imperial
Oil
Ltd.
..........................
43,881
5,878,151
Kinross
Gold
Corp.
........................
364,329
11,037,022
Loblaw
Companies
Ltd.
....................
571,334
26,338,525
Magna
International,
Inc.
....................
17,062
1,085,884
Manulife
Financial
Corp.
....................
532,159
20,924,366
Metro,
Inc.,
Class
A
.......................
21,758
1,458,596
Nutrien
Ltd.
.............................
148,658
11,299,693
Pan
American
Silver
Corp.
...................
60,339
3,155,126
Power
Corp.
of
Canada
....................
121,874
6,799,140
Royal
Bank
of
Canada
.....................
203,914
36,675,547
Shopify,
Inc.,
Class
A
(a)
.....................
85,710
10,382,052
Sun
Life
Financial,
Inc.
.....................
12,867
927,076
Suncor
Energy,
Inc.
.......................
292,093
20,015,472
Thomson
Reuters
Corp.
(a)
...................
113,634
10,870,248
Toronto-Dominion
Bank
(The)
................
55,203
5,946,814
Wheaton
Precious
Metals
Corp.
...............
64,089
8,095,403
250,661,576
a
China
 — 0.3%
Trip.com
Group
Ltd.
(a)
......................
84,150
4,544,013
Xiaomi
Corp.,
Class
B
(a)(b)
...................
1,764,200
6,619,631
11,163,644
a
Denmark
 — 2.2%
AL
Sydbank
............................
139,889
11,930,804
AP
Moller
-
Maersk
A.S.,
Class
B,
NVS
..........
3,706
8,780,225
Carlsberg
A.S.,
Class
B
....................
33,645
4,555,997
Genmab
A.S.
(a)
..........................
5,712
1,512,403
ISS
A.S.
...............................
280,103
10,275,469
NKT
A.S.
(a)
.............................
52,935
7,819,152
Novo
Nordisk
A.S.,
Class
B
..................
518,292
22,046,034
Pandora
A.S.
...........................
100,583
7,654,261
74,574,345
a
Finland
 — 1.1%
Hiab
OYJ
..............................
98,772
5,871,537
Kone
OYJ,
Class
B
.......................
69,151
4,398,820
Konecranes
OYJ
.........................
322,863
10,603,787
Mandatum
OYJ
..........................
111,402
890,977
Nokia
OYJ
.............................
350,417
4,452,596
Orion
OYJ,
Class
B
.......................
70,574
5,701,556
Wartsila
OYJ
Abp
.........................
151,030
6,342,832
38,262,105
a
France
 — 7.6%
Air
Liquide
SA
...........................
20,409
4,390,795
Airbus
SE
..............................
11,760
2,424,434
Amundi
SA
(b)
............................
15,592
1,507,064
AXA
SA
...............................
95,178
4,588,082
BNP
Paribas
SA
.........................
27,326
2,869,816
Bouygues
SA
...........................
115,064
6,804,856
Capgemini
SE
...........................
6,704
815,316
Carrefour
SA
............................
301,180
5,991,483
Christian
Dior
SE,
NVS
.....................
6,103
3,057,816
Cie
de
Saint-Gobain
SA
....................
92,963
8,517,250
Credit
Agricole
SA
........................
757,903
14,803,443
Danone
SA
.............................
45,587
3,571,651
Dassault
Aviation
SA
......................
7,366
2,575,874
Dassault
Systemes
SE
.....................
43,048
970,027
Edenred
SE
............................
14,324
358,731
Eiffage
SA
.............................
57,092
9,204,847
Engie
SA
..............................
618,211
20,377,800
EssilorLuxottica
SA
.......................
15,725
3,328,503
FDJ
UNITED
............................
221,573
6,019,490
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
iShares
®
International
Equity
Factor
ETF
(Percentages
shown
are
based
on
Net
Assets)
2
Security
Shares
Value
a
France
(continued)
Gaztransport
Et
Technigaz
SA
................
9,571
$
2,328,568
Gecina
SA
.............................
35,825
3,028,796
Hermes
International
SCA
...................
778
1,488,393
Klepierre
SA
............................
255,401
10,347,878
Legrand
SA
............................
5,096
913,017
L'Oreal
SA
.............................
39,645
17,074,663
LVMH
Moet
Hennessy
Louis
Vuitton
SE
..........
22,558
12,050,691
Publicis
Groupe
SA
.......................
52,746
4,928,443
Renault
SA
.............................
28,944
1,016,780
Rexel
SA
..............................
76,468
3,234,081
Safran
SA
..............................
38,927
12,499,948
Sanofi
SA
..............................
120,136
11,241,901
Schneider
Electric
SE
......................
51,604
16,420,844
SCOR
SE
..............................
27,955
1,043,079
Societe
Generale
SA
......................
138,271
11,130,817
Technip
Energies
N.V.
.....................
7,257
343,311
TotalEnergies
SE
.........................
299,574
27,852,454
Unibail
-
Rodamco
-Westfield
..................
104,006
12,627,101
Valeo
SE
..............................
27,196
342,325
Vinci
SA
...............................
38,313
5,793,778
257,884,146
a
Germany
 — 7.0%
adidas
AG
.............................
24,263
4,198,895
Allianz
SE,
Registered
.....................
33,473
15,288,202
Aumovio
SE
(a)
...........................
37,490
1,625,885
Auto1
Group
SE
(a)(c)
.......................
27,481
586,980
BASF
SE
..............................
115,473
7,406,041
Bayer
AG,
Registered
......................
53,503
2,398,951
Bayerische
Motoren
Werke
AG
...............
123,420
11,294,553
Bilfinger
SE
.............................
63,907
7,370,451
Commerzbank
AG
........................
200,163
8,273,513
Deutsche
Bank
AG,
Registered
...............
355,245
11,037,117
Deutsche
Boerse
AG
......................
35,761
10,971,393
Deutsche
Telekom
AG,
Registered
.............
384,493
12,419,369
E.ON
SE
..............................
462,531
10,254,424
flatexDEGIRO
SE
........................
223,304
7,989,753
Freenet
AG
.............................
27,934
889,692
GEA
Group
AG
..........................
106,474
7,280,861
Hannover
Rueck
SE
.......................
1,455
439,632
Heidelberg
Materials
AG
....................
34,409
7,592,108
HOCHTIEF
AG
..........................
25,962
13,963,115
Mercedes-Benz
Group
AG
...................
188,230
10,971,946
Muenchener
Rueckversicherungs
-Gesellschaft
AG
in
Muenchen
,
Registered
...................
19,006
11,368,853
Nordex
SE
(a)(c)
...........................
123,052
7,016,722
QIAGEN
N.V.
...........................
63,921
2,180,444
Rheinmetall
AG
..........................
1,961
3,127,422
SAP
SE
...............................
120,461
20,224,566
Siemens
AG,
Registered
....................
80,812
24,014,180
Siemens
Energy
AG
.......................
91,264
19,340,828
239,525,896
a
Hong
Kong
 — 1.8%
AIA
Group
Ltd.
..........................
1,219,200
13,385,308
CK
Asset
Holdings
Ltd.
.....................
630,000
3,968,528
CK
Hutchison
Holdings
Ltd.
..................
661,500
5,523,648
CLP
Holdings
Ltd.
........................
772,000
7,423,028
HKT
Trust
&
HKT
Ltd.,
Class
SS
...............
1,641,000
2,661,949
Hong
Kong
Exchanges
&
Clearing
Ltd.
..........
38,800
2,066,593
Hongkong
Land
Holdings
Ltd.
................
66,800
528,123
Jardine
Matheson
Holdings
Ltd.
...............
113,800
7,758,006
PCCW
Ltd.
.............................
8,788,000
6,792,234
Swire
Properties
Ltd.
......................
536,200
1,711,459
WH
Group
Ltd.
(b)
.........................
7,958,500
9,673,146
Security
Shares
Value
a
Hong
Kong
(continued)
Wharf
Real
Estate
Investment
Co.
Ltd.
..........
341,000
$
1,067,839
62,559,861
a
Ireland
 — 0.7%
AIB
Group
PLC
..........................
1,744,657
20,109,870
Bank
of
Ireland
Group
PLC
..................
150,019
2,954,983
23,064,853
a
Italy
 — 4.3%
A2A
SpA
..............................
3,811,759
10,854,865
Banca
Generali
SpA
.......................
113,260
7,428,868
Banca
Mediolanum
SpA
....................
323,587
7,092,503
Banca
Monte
dei
Paschi
di
Siena
SpA
...........
1,241,622
13,235,332
Banco
BPM
SpA
.........................
323,715
4,716,861
BPER
Banca
SpA
........................
379,625
5,603,940
De'
Longhi
SpA
..........................
67,968
2,643,022
Enel
SpA
..............................
1,114,244
13,009,561
Eni
SpA
...............................
393,945
11,139,348
Generali
...............................
39,365
1,764,023
Hera
SpA
..............................
851,257
4,017,063
Intesa
Sanpaolo
SpA
......................
1,431,255
9,724,275
Iveco
Group
N.V.
.........................
15,106
247,790
Poste
Italiane
SpA
(b)
.......................
191,455
5,081,967
Prysmian
SpA
...........................
9,877
1,502,382
Saipem
SpA
............................
2,980,380
16,147,857
Snam
SpA
.............................
296,489
2,337,940
Terna
-
Rete
Elettrica
Nazionale
...............
166,210
1,999,217
UniCredit
SpA
...........................
324,590
25,085,083
Unipol
Assicurazioni
SpA
....................
165,138
4,314,825
147,946,722
a
Japan
 — 23.6%
77
Bank
Ltd.
(The)
........................
233,100
4,487,402
Advantest
Corp.
..........................
87,300
16,300,528
Ajinomoto
Co.,
Inc.
........................
39,500
1,269,546
ALSOK
Co.
Ltd.
..........................
662,100
5,022,157
Amada
Co.
Ltd.
..........................
170,800
2,888,154
Asics
Corp.
.............................
575,800
16,351,344
Astellas
Pharma,
Inc.
......................
99,500
1,410,088
Azbil
Corp.
.............................
576,400
5,129,815
Canon
Marketing
Japan,
Inc.
.................
276,300
6,288,373
Canon,
Inc.
.............................
199,700
5,137,592
Capcom
Co.
Ltd.
.........................
17,300
365,265
Chugai
Pharmaceutical
Co.
Ltd.
...............
96,600
5,151,616
Citizen
Watch
Co.
Ltd.
.....................
210,400
2,437,710
Coca-Cola
Bottlers
Japan
Holdings,
Inc.
.........
225,700
4,926,172
Credit
Saison
Co.
Ltd.
......................
80,600
2,232,525
Dai
Nippon
Printing
Co.
Ltd.
.................
190,900
3,615,862
Daicel
Corp.
............................
501,100
3,929,042
Dai-Dan
Co.
Ltd.
.........................
322,500
5,759,860
Daido
Steel
Co.
Ltd.
.......................
23,400
273,568
Daiichi
Life
Group,
Inc.
.....................
714,800
6,544,479
Daiichi
Sankyo
Co.
Ltd.
.....................
360,300
5,852,743
Daito
Trust
Construction
Co.
Ltd.
..............
119,500
2,687,916
Daiwa
Securities
Group,
Inc.
.................
1,090,500
10,264,730
Dexerials
Corp.
..........................
156,400
2,440,907
Disco
Corp.
.............................
10,100
4,805,402
Ebara
Corp.
............................
175,400
6,000,068
ENEOS
Holdings,
Inc.
.....................
352,700
2,962,145
Fast
Retailing
Co.
Ltd.
.....................
29,300
13,792,834
Food
&
Life
Companies
Ltd.
.................
12,400
721,321
Fuji
Electric
Co.
Ltd.
.......................
18,200
1,529,615
FUJIFILM
Holdings
Corp.
...................
224,300
4,127,933
Fujikura
Ltd.
............................
324,000
12,500,887
Fujitsu
Ltd.
.............................
271,000
5,439,334
iShares
®
International
Equity
Factor
ETF
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
(Percentages
shown
are
based
on
Net
Assets)
3
Schedule
of
Investments
Security
Shares
Value
a
Japan
(continued)
Furukawa
Electric
Co.
Ltd.
...................
28,000
$
7,604,427
Gunma
Bank
Ltd.
(The)
....................
192,200
2,631,704
Hirose
Electric
Co.
Ltd.
.....................
22,100
3,072,334
Hitachi
Ltd.
.............................
632,300
20,106,094
Hokuhoku
Financial
Group,
Inc.
...............
287,600
10,964,155
Honda
Motor
Co.
Ltd.
......................
415,400
3,370,736
Hoya
Corp.
.............................
44,400
8,291,421
IHI
Corp.
..............................
103,700
1,894,139
Isetan
Mitsukoshi
Holdings
Ltd.
...............
199,900
3,798,716
ITOCHU
Corp.
..........................
938,300
11,628,445
Iyogin
Holdings,
Inc.
.......................
233,000
4,490,232
Japan
Post
Bank
Co.
Ltd.
...................
516,800
8,868,428
Japan
Post
Holdings
Co.
Ltd.
.................
293,000
3,397,937
Japan
Post
Insurance
Co.
Ltd.
................
417,200
4,067,955
Japan
Real
Estate
Investment
Corp.
............
10,857
8,309,777
Kamigumi
Co.
Ltd.
........................
218,500
7,221,504
Kandenko
Co.
Ltd.
........................
113,800
4,964,128
Kawasaki
Heavy
Industries
Ltd.
...............
52,600
1,081,372
KDDI
Corp.
.............................
23,300
381,293
Keyence
Corp.
..........................
4,300
1,972,263
Kioxia
Holdings
Corp.
(a)
.....................
29,200
7,065,190
Kirin
Holdings
Co.
Ltd.
.....................
38,100
600,801
Kobe
Steel
Ltd.
..........................
126,700
1,561,454
Kokuyo
Co.
Ltd.
..........................
658,000
3,277,493
Komatsu
Ltd.
...........................
171,100
7,326,160
Konami
Group
Corp.
......................
52,200
6,267,819
Kyowa
Kirin
Co.
Ltd.
.......................
46,200
696,044
Kyushu
Electric
Power
Co.,
Inc.
...............
323,300
3,495,494
Marubeni
Corp.
..........................
153,100
5,958,816
Mazda
Motor
Corp.
.......................
111,600
718,360
Mitsubishi
Electric
Corp.
....................
229,600
9,214,072
Mitsubishi
Estate
Co.
Ltd.
...................
189,600
5,403,263
Mitsubishi
Gas
Chemical
Co.,
Inc.
.............
30,800
867,165
Mitsubishi
Heavy
Industries
Ltd.
...............
490,200
14,630,449
Mitsubishi
UFJ
Financial
Group,
Inc.
............
1,634,200
29,354,865
Mitsui
&
Co.
Ltd.
.........................
229,000
8,598,013
Mitsui
E&S
Co.
Ltd.
.......................
68,600
2,474,008
Mitsui
Fudosan
Co.
Ltd.
....................
94,400
1,033,871
Mitsui
Kinzoku
Co.
Ltd.
.....................
23,400
6,429,348
Mizuho
Financial
Group,
Inc.
.................
634,200
27,272,300
Modec
,
Inc.
.............................
70,000
5,787,651
MS&AD
Insurance
Group
Holdings,
Inc.
.........
391,800
10,074,771
NEC
Corp.
.............................
186,800
4,968,882
Nexon
Co.
Ltd.
..........................
139,500
2,355,106
NHK
Spring
Co.
Ltd.
.......................
64,200
1,173,006
Nintendo
Co.
Ltd.
.........................
142,200
6,956,266
Nippon
Electric
Glass
Co.
Ltd.
................
170,500
8,900,509
Nippon
Gas
Co.
Ltd.
.......................
25,400
436,032
Nippon
Steel
Corp.
........................
227,700
838,277
Nishi-Nippon
Financial
Holdings,
Inc.
...........
16,500
414,300
Nissan
Motor
Co.
Ltd.
(a)(c)
....................
3,214,100
7,353,914
Nitto
Denko
Corp.
........................
161,000
3,062,262
NOF
Corp.
.............................
67,800
1,384,678
Nomura
Holdings,
Inc.
.....................
356,000
2,851,498
Nomura
Real
Estate
Holdings,
Inc.
.............
1,289,000
8,409,755
Nomura
Real
Estate
Master
Fund,
Inc.
..........
568
585,578
Nomura
Research
Institute
Ltd.
...............
155,600
4,199,603
Olympus
Corp.
..........................
173,200
1,703,511
ORIX
Corp.
.............................
104,700
3,523,835
Orix
JREIT,
Inc.
..........................
2,512
1,591,712
Otsuka
Corp.
...........................
158,700
2,938,213
Otsuka
Holdings
Co.
Ltd.
...................
87,900
6,406,342
Panasonic
Holdings
Corp.
...................
202,400
4,140,255
Persol
Holdings
Co.
Ltd.
....................
358,000
532,854
Security
Shares
Value
a
Japan
(continued)
Recruit
Holdings
Co.
Ltd.
...................
282,300
$
13,077,537
Ricoh
Co.
Ltd.
...........................
522,500
4,406,308
Ryohin
Keikaku
Co.
Ltd.
....................
93,400
2,157,886
Sankyo
Co.
Ltd.
..........................
496,300
5,871,248
Sanrio
Co.
Ltd.
..........................
842,600
4,910,342
Santen
Pharmaceutical
Co.
Ltd.
...............
802,900
8,274,268
Sanwa
Holdings
Corp.
.....................
292,800
6,697,105
SBI
Holdings,
Inc.
........................
165,100
3,331,390
SCREEN
Holdings
Co.
Ltd.
..................
100,700
6,676,513
Sega
Sammy
Holdings,
Inc.
..................
66,200
959,745
Shimamura
Co.
Ltd.
.......................
100,600
2,103,825
Shionogi
&
Co.
Ltd.
.......................
55,100
1,113,182
Socionext
,
Inc.
..........................
193,500
2,354,750
SoftBank
Group
Corp.
.....................
351,100
11,993,157
Sompo
Holdings,
Inc.
......................
154,100
5,734,894
Sony
Group
Corp.
........................
567,700
11,374,056
Subaru
Corp.
...........................
556,000
8,281,734
Sumitomo
Corp.
.........................
143,700
5,343,078
Sumitomo
Electric
Industries
Ltd.
..............
119,000
7,834,272
Sumitomo
Mitsui
Financial
Group,
Inc.
...........
695,000
24,539,790
Sumitomo
Pharma
Co.
Ltd.
(a)(c)
................
440,400
4,861,959
Sumitomo
Realty
&
Development
Co.
Ltd.
........
59,200
1,835,176
Suzuken
Co.
Ltd.
.........................
169,800
6,010,270
Taisei
Corp.
............................
4,800
520,516
Takeda
Pharmaceutical
Co.
Ltd.
...............
218,600
7,308,406
TIS,
Inc.
...............................
162,000
3,530,794
Toho
Gas
Co.
Ltd.
........................
461,400
3,464,501
Tokio
Marine
Holdings,
Inc.
..................
313,400
14,352,708
Tokyo
Electron
Ltd.
.......................
50,300
14,822,536
Tokyo
Gas
Co.
Ltd.
.......................
125,900
5,346,956
Tokyo
Ohka
Kogyo
Co.
Ltd.
..................
75,300
4,426,872
Tokyo
Tatemono
Co.
Ltd.
....................
372,600
8,573,814
TOPPAN
Holdings,
Inc.
.....................
189,000
5,617,752
Toyo
Suisan
Kaisha
Ltd.
....................
14,600
1,006,253
Toyoda
Gosei
Co.
Ltd.
.....................
86,300
2,546,448
Toyota
Motor
Corp.
.......................
1,203,500
23,101,673
Trend
Micro,
Inc.
.........................
75,900
2,641,924
USS
Co.
Ltd.
............................
1,021,400
11,058,561
Yamaguchi
Financial
Group,
Inc.
..............
221,700
3,809,464
Yamato
Kogyo
Co.
Ltd.
.....................
27,100
2,068,589
Yamazaki
Baking
Co.
Ltd.
...................
386,900
8,092,812
Yokogawa
Electric
Corp.
....................
254,700
8,868,074
Zensho
Holdings
Co.
Ltd.
...................
35,500
1,956,582
806,455,508
a
Netherlands
 — 4.7%
ABN
AMRO
Bank
N.V.,
CVA
.................
645,843
22,486,197
Adyen
N.V.
(a)(b)
...........................
5,848
6,599,207
Akzo
Nobel
N.V.
.........................
93,294
5,476,052
ASM
International
N.V.
.....................
2,764
2,703,954
ASML
Holding
N.V.
.......................
50,171
72,524,469
CSG
N.V.
(a)
.............................
43,576
943,747
EXOR
N.V.
.............................
24,555
1,926,177
ING
Groep
N.V.
..........................
335,359
9,705,751
Koninklijke
Ahold
Delhaize
N.V.
...............
433,587
20,365,347
Koninklijke
KPN
N.V.
......................
558,243
2,985,229
NN
Group
N.V.
..........................
8,602
752,966
Prosus
N.V.
(a)
...........................
105,447
5,105,002
Randstad
N.V.
(c)
..........................
40,824
1,209,672
SBM
Offshore
N.V.
........................
30,104
1,287,891
Signify
N.V.
(b)
............................
124,485
2,831,284
Wolters
Kluwer
N.V.
.......................
44,805
3,496,824
160,399,769
a
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
iShares
®
International
Equity
Factor
ETF
(Percentages
shown
are
based
on
Net
Assets)
4
Security
Shares
Value
a
New
Zealand
 — 0.2%
Contact
Energy
Ltd.
.......................
116,915
$
656,142
Fisher
&
Paykel
Healthcare
Corp.
Ltd.
...........
179,299
3,863,941
Fletcher
Building
Ltd.
(a)
.....................
271,169
447,942
4,968,025
a
Norway
 — 1.4%
DNB
Bank
ASA
..........................
228,060
6,906,418
Equinor
ASA
............................
426,816
17,370,227
Kongsberg
Gruppen
ASA
...................
245,426
8,212,037
Norsk
Hydro
ASA
.........................
458,124
5,056,093
Orkla
ASA
..............................
401,017
4,946,148
Yara
International
ASA
.....................
107,157
6,238,350
48,729,273
a
Poland
 — 0.4%
Asseco
Poland
SA
........................
36,350
1,833,634
Erste
Bank
Polska
SA
......................
10,167
1,732,530
LPP
SA
...............................
824
4,982,245
Tauron
Polska
Energia
SA
(a)
..................
2,204,442
5,756,800
14,305,209
a
Portugal
 — 0.1%
Galp
Energia
SGPS
SA
....................
175,742
4,110,596
a
Singapore
 — 1.8%
ComfortDelGro
Corp.
Ltd.
...................
4,730,600
5,507,673
DBS
Group
Holdings
Ltd.
...................
195,300
9,005,413
NETLINK
NBN
TRUST
.....................
6,986,100
5,543,653
Oversea-Chinese
Banking
Corp.
Ltd.
...........
429,000
7,401,365
Sembcorp
Industries
Ltd.
...................
374,200
1,963,780
Singapore
Airlines
Ltd.
.....................
1,581,200
7,831,253
Singapore
Exchange
Ltd.
...................
159,652
2,729,848
Singapore
Technologies
Engineering
Ltd.
.........
416,400
3,528,772
Wilmar
International
Ltd.
....................
915,200
2,610,492
Yangzijiang
Shipbuilding
Holdings
Ltd.
...........
4,111,900
14,023,485
60,145,734
a
Spain
 — 3.5%
Acciona
SA
.............................
20,629
6,004,741
ACS
Actividades
de
Construccion
y
Servicios
SA
...
36,262
5,226,610
Banco
Bilbao
Vizcaya
Argentaria
SA
............
917,579
20,262,346
Banco
de
Sabadell
SA
.....................
2,352,946
9,122,367
Banco
Santander
SA
......................
1,165,707
14,224,326
CaixaBank
SA
...........................
133,302
1,696,713
Endesa
SA
.............................
201,814
9,045,643
Iberdrola
SA
............................
482,475
11,311,246
Indra
Sistemas
SA
(c)
.......................
5,863
337,207
Industria
de
Diseno
Textil
SA
.................
182,396
10,916,516
Naturgy
Energy
Group
SA
...................
150,987
4,745,573
Repsol
SA
.............................
712,460
19,137,500
Telefonica
SA
...........................
1,300,668
5,869,288
Unicaja
Banco
SA
(b)
.......................
211,396
686,262
118,586,338
a
Sweden
 — 2.5%
Alfa
Laval
AB
...........................
114,357
6,881,918
H
&
M
Hennes
&
Mauritz
AB,
Class
B
...........
336,218
6,034,339
Investor
AB,
Class
B
.......................
334,314
13,568,321
Loomis
AB
.............................
67,636
3,133,918
Mycronic
AB
............................
54,673
1,725,191
Nordea
Bank
Abp
........................
967,780
18,198,993
Skandinaviska
Enskilda
Banken
AB,
Class
A
......
237,579
4,702,204
SSAB
AB,
Class
B
........................
1,107,733
10,085,676
Svenska
Handelsbanken
AB,
Class
A
...........
114,845
1,631,940
Tele2
AB,
Class
B
........................
43,822
899,199
Telefonaktiebolaget
LM
Ericsson,
Class
B
........
659,395
7,865,921
Security
Shares
Value
a
Sweden
(continued)
Telia
Co.
AB
............................
638,555
$
3,337,756
Trelleborg
AB,
Class
B
.....................
19,966
819,784
Volvo
AB,
Class
B
........................
216,429
7,544,008
86,429,168
a
Switzerland
 — 7.9%
ABB
Ltd.,
Registered
......................
370,111
37,432,902
Adecco
Group
AG,
Registered
(c)
...............
123,245
2,840,179
Alcon
AG
..............................
76,947
5,744,270
Cie
Financiere
Richemont
SA,
Class
A,
Registered
..
61,515
11,805,791
Galderma
Group
AG
.......................
2,160
453,154
Geberit
AG,
Registered
.....................
1,841
1,244,075
Holcim
AG
(a)
............................
46,241
4,297,007
Julius
Baer
Group
Ltd.
.....................
6,581
540,938
Kuehne
+
Nagel
International
AG,
Registered
......
10,365
2,434,395
Logitech
International
SA,
Registered
...........
65,915
6,506,633
Nestle
SA,
Registered
.....................
333,680
33,781,644
Novartis
AG,
Registered
....................
476,952
70,488,579
Roche
Holding
AG,
NVS
....................
85,794
34,961,041
Schindler
Holding
AG,
Participation
Certificates,
NVS
15,558
5,439,365
SGS
SA,
Registered
.......................
39,791
4,311,356
Swiss
Life
Holding
AG,
Registered
.............
491
576,484
Swiss
Re
AG
............................
13,595
2,190,000
Swissquote
Group
Holding
SA,
Registered
........
5,280
2,672,149
UBS
Group
AG,
Registered
..................
497,230
22,003,321
VZ
Holding
AG
..........................
37,138
7,245,431
Zurich
Insurance
Group
AG
..................
20,260
14,125,678
271,094,392
a
United
Kingdom
 — 12.5%
Aberdeen
Group
PLC
......................
2,429,230
6,865,211
Airtel
Africa
PLC
(b)
........................
1,219,343
5,888,968
Anglo
American
PLC
......................
34,059
1,685,407
AstraZeneca
PLC
........................
169,904
32,234,563
Aviva
PLC
.............................
555,014
4,707,216
B&M
European
Value
Retail
PLC
..............
863,933
1,974,097
Babcock
International
Group
PLC
..............
39,697
598,046
BAE
Systems
PLC
........................
547,004
15,214,121
Balfour
Beatty
PLC
.......................
1,243,432
13,816,783
Barclays
PLC
...........................
1,776,048
10,439,453
BP
PLC
...............................
2,468,832
19,542,858
British
American
Tobacco
PLC
................
92,738
5,461,786
British
Land
Co.
PLC
(The)
..................
806,982
4,270,117
BT
Group
PLC
..........................
313,264
920,944
Burberry
Group
PLC
(a)
.....................
247,495
3,927,291
Carnival
PLC
...........................
330,535
8,768,239
Centrica
PLC
...........................
3,462,361
10,120,102
Coca-Cola
HBC
AG,
Class
DI
(a)
...............
199,669
11,646,474
Compass
Group
PLC
......................
11,141
314,811
Diageo
PLC
............................
147,224
2,976,777
Drax
Group
PLC
.........................
844,179
10,150,058
Fresnillo
PLC
...........................
87,629
3,869,413
Glencore
PLC
(a)
..........................
1,528,927
11,882,560
Greatland
Resources
Ltd.
(a)
..................
36,898
361,093
GSK
PLC
..............................
706,003
18,509,612
Hochschild
Mining
PLC
.....................
163,367
1,394,757
HSBC
Holdings
PLC
......................
1,858,269
34,191,809
Imperial
Brands
PLC
......................
80,100
3,043,210
Inchcape
PLC
...........................
285,995
3,215,303
InterContinental
Hotels
Group
PLC
.............
30,675
4,385,945
Investec
PLC
...........................
1,014,620
8,684,250
JD
Sports
Fashion
PLC
....................
586,674
538,570
Kingfisher
PLC
..........................
1,545,532
6,077,503
Land
Securities
Group
PLC
..................
709,512
5,708,936
Lion
Finance
Group
PLC
....................
20,371
3,060,269
iShares
®
International
Equity
Factor
ETF
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
(Percentages
shown
are
based
on
Net
Assets)
5
Schedule
of
Investments
Security
Shares
Value
a
United
Kingdom
(continued)
Lloyds
Banking
Group
PLC
..................
2,441,427
$
3,318,638
Marks
&
Spencer
Group
PLC
.................
1,446,750
6,498,562
Melrose
Industries
PLC
.....................
154,193
1,011,856
NatWest
Group
PLC
.......................
963,066
7,681,291
Next
PLC
..............................
39,711
7,008,534
Pearson
PLC
...........................
290,172
4,282,058
Plus500
Ltd.
............................
175,235
10,644,408
Reckitt
Benckiser
Group
PLC
.................
19,693
1,253,037
RELX
PLC
.............................
22,348
814,950
Rio
Tinto
PLC
...........................
99,666
10,040,004
Rolls-Royce
Holdings
PLC
..................
958,944
15,430,902
Sage
Group
PLC
(The)
.....................
830,730
9,907,817
Serco
Group
PLC
........................
278,569
1,066,682
Shell
PLC
..............................
504,952
22,798,912
Standard
Chartered
PLC
....................
153,635
3,912,288
Tesco
PLC
.............................
2,027,412
13,298,797
TUI
AG
...............................
921,115
6,854,731
Unilever
PLC
...........................
115,552
6,738,429
Vodafone
Group
PLC
......................
9,001,276
14,322,342
Wise
PLC,
Class
A
(a)
.......................
287,400
4,110,202
WPP
PLC
..............................
103,995
376,521
427,817,513
a
United
States
 — 0.1%
Samsonite
Group
SA
(b)
.....................
1,071,600
1,962,238
a
Total
Common
Stocks — 98.9%
(Cost:
$2,565,749,573)
...............................
3,379,542,201
a
Preferred
Stocks
Germany
 — 0.2%
Dr
Ing
hc
F
Porsche
AG,
Preference
Shares,
NVS
(c)
..
110,362
5,359,284
a
Total
Preferred
Stocks — 0.2%
(Cost:
$8,023,440)
..................................
5,359,284
a
Rights
Switzerland
 — 0.0%
SGS
SA
(Expires
12/31/26)
(a)(d)
................
38,671
158,376
a
Total
Rights — 0.0%
(Cost:
$156,731)
...................................
158,376
Security
Shares
Value
a
Warrants
Canada
 — 0.0%
Constellation
Software
Inc.,
(Issued
08/29/23,1
Share
for
1
Warrant,
Expires
03/31/40,
Strike
Price
CAD
11.50)
(a)(d)
............................
1,793
$
—
a
Total
Warrants — 0.0%
(Cost:
$–)
........................................
—
a
Total
Long-Term
Investments — 99.1%
(Cost:
$2,573,929,744)
...............................
3,385,059,861
a
Short-Term
Securities
Money
Market
Funds
 — 
0.6%
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares,
3.83%
(e)(f)(g)
......................
20,250,828
20,256,903
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares,
3.61%
(e)(f)
.............................
526,971
526,971
a
Total
Short-Term
Securities — 0.6%
(Cost:
$20,783,280)
.................................
20,783,874
Total
Investments
—  99.7%
(Cost:
$2,594,713,024)
...............................
3,405,843,735
Other
Assets
Less
Liabilities
—
0.3%
......................
9,844,126
Net
Assets
—
100.0%
.................................
$
3,415,687,861
(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)
Security
is
valued
using
significant
unobservable
inputs
and
is
classified
as
Level
3
in
the
fair
value
hierarchy.
(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
the
cash
collateral
from
loaned
securities.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
April
30,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
07/31/25
Purchases
at
Cost
Proceeds
from
Sale
s
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
04/30/26
  Shares
Held
at
04/30/26
Income
  Capital
Gain
Distributions
from
Underlying
Funds
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
$
11,500,188
‌
$
8,758,653
(a)
$
—
‌
$
(2,244
)
$
306
‌
$
20,256,903
‌
20,250,828
‌
$
49,529
(b)
$
—
‌
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
..
330,000
‌
196,971
(a)
—
‌
—
‌
—
‌
526,971
‌
526,971
‌
19,672
‌
—
‌
$
—
‌
$
(2,244
)
$
306
‌
$
20,783,874
‌
$
69,201
‌
$
—
‌
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
iShares
®
International
Equity
Factor
ETF
6
Derivative
Financial
Instruments
Outstanding
as
of
Period
End
Fair
Value
Hierarchy
as
of
Period
End
Various
inputs
are
used
in
determining
the
fair
value
of
financial
instruments
at
the
measurement
date.
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
that
the
Fund
has
the
ability
to
access
for
identical
assets
or
liabilities;
Level
2
–
Inputs
other
than
quoted
prices
included
within
Level
1
that
are
observable
for
the
asset
or
liability,
either
directly
or
indirectly;
and
Level
3
–
Inputs
that
are
unobservable
and
significant
to
the
entire
fair
value
measurement
for
the
asset
or
liability
(including
the
Valuation
Committee’s
assumptions
used
in
determining
the
fair
value
of
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
Valuation
Committee
in
determining
the
price
for
Fair
Valued
Investments.
Level
3
investments
include
equity
or
debt
issued
by
privately
held
companies
or
funds
that may
not have
a
secondary
market
and/or may
have a
limited
number
of
investors.
The
categorization
of
a
value
determined
for
financial
instruments
is
based
on
the
pricing
transparency
of
the
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
financial
instruments,
refer
to
its
most
recent
financial
statements.
The
following
table
summarizes
the
Fund’s
financial
instruments
categorized
in
the
fair
value
hierarchy.
The
breakdown
of
the
Fund’s
financial
instruments
into
major
categories
is
disclosed
in
the
Schedule
of
Investments
above. 
(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
collateral
investment
fees,
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
TOPIX
Index
........................................................................
32
06/11/26
$
7,685
$
191,161
SPI
200
Index
.......................................................................
30
06/18/26
4,680
(23,168
)
Euro
STOXX
50
Index
.................................................................
148
06/19/26
10,144
362,760
FTSE
100
Index
.....................................................................
54
06/19/26
7,637
105,578
$
636,331
Level
1
Level
2
Level
3
Total
Assets
Investments
Long-Term
Investments
Common
Stocks
.........................................
$
501,304,089
‌
$
2,878,238,112
‌
$
—
‌
$
3,379,542,201
‌
Preferred
Stocks
.........................................
—
‌
5,359,284
‌
—
‌
5,359,284
‌
Rights
................................................
—
‌
—
‌
158,376
‌
158,376
‌
Warrants
..............................................
—
‌
—
‌
—
‌
—
‌
Short-Term
Securities
Money
Market
Funds
......................................
20,783,874
‌
—
‌
—
‌
20,783,874
‌
$
522,087,963
‌
$
2,883,597,396
‌
$
158,376
‌
$
3,405,843,735
‌
Derivative
Financial
Instruments
(a)
Assets
Equity
Contracts
...........................................
$
659,499
‌
$
—
‌
$
—
‌
$
659,499
‌
Liabilities
Equity
Contracts
...........................................
(23,168
)
—
‌
—
‌
(23,168
)
$
636,331
‌
$
—
‌
$
—
‌
$
636,331
‌
(a)
Derivative
financial
instruments
are
futures
contracts.
Futures
contracts
are
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.
iShares
®
International
Equity
Factor
ETF
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
7
Schedule
of
Investments
Portfolio
Abbreviation
NVS
Non-Voting
Shares
REIT
Real
Estate
Investment
Trust