iShares
®
Energy
Storage
&
Materials
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
Automobile
Components
 — 2.2%
GS
Yuasa
Corp.
.........................
17,800
$
719,755
QuantumScape
Corp.
(a)(b)
...................
90,268
658,053
Sebang
Global
Battery
Co.
Ltd.
...............
1,233
55,342
1,433,150
a
Automobiles
 — 0.5%
Yadea
Group
Holdings
Ltd.
(c)
.................
220,000
337,900
a
Building
Products
 — 0.0%
Central
Glass
Co.
Ltd.
.....................
400
10,469
a
Chemicals
 — 32.2%
Air
Liquide
SA
...........................
15,656
3,368,234
Air
Products
and
Chemicals,
Inc.
..............
10,618
3,185,931
Arkema
SA
.............................
956
69,773
Asahi
Kasei
Corp.
........................
223,100
2,195,269
Aspen
Aerogels,
Inc.
(a)
.....................
14,087
52,263
BASF
SE
..............................
55,257
3,543,994
Evonik
Industries
AG
......................
3,692
76,362
Ganfeng
Lithium
Group
Co.
Ltd.,
Class
A
.........
17,200
225,027
Ganfeng
Lithium
Group
Co.
Ltd.,
Class
H
(c)
.......
86,000
925,025
Hanwha
Solutions
Corp.
(a)
...................
1,539
53,376
Kolon
Industries,
Inc.
......................
266
17,145
LG
Chem
Ltd.
...........................
8,805
2,384,773
Linde
PLC
.............................
3,228
1,617,680
Mitsubishi
Chemical
Group
Corp.
..............
244,000
1,430,436
Mitsui
Chemicals,
Inc.
......................
5,200
63,435
Nippon
Shokubai
Co.
Ltd.
...................
2,100
28,910
Resonac
Holdings
Corp.
....................
2,500
228,785
Shin-Etsu
Chemical
Co.
Ltd.
.................
26,100
1,201,701
Syensqo
SA
............................
1,015
67,334
Tokuyama
Corp.
.........................
1,000
25,689
Toray
Industries,
Inc.
......................
20,800
149,339
Umicore
SA
............................
2,752
55,660
Zeon
Corp.
.............................
2,700
31,471
20,997,612
a
Communications
Equipment
 — 0.4%
Seojin
System
Co.
Ltd.
(a)
....................
6,699
272,043
a
Electrical
Equipment
 — 40.7%
ABB
Ltd.,
Registered
......................
18,303
1,851,159
Advanced
Energy
Solution
Holding
Co.
Ltd.
.......
7,000
250,838
Alfen
N.V.
(a)(c)
............................
3,969
55,572
Ballard
Power
Systems,
Inc.
(a)(b)
...............
45,437
154,486
Bloom
Energy
Corp.,
Class
A
(a)
................
26,163
7,413,548
ChargePoint
Holdings,
Inc.
(a)(b)
................
4,149
26,595
Contemporary
Amperex
Technology
Co.
Ltd.,
Class
A
46,200
2,966,680
Doosan
Fuel
Cell
Co.
Ltd.
(a)
..................
8,156
341,304
Eaton
Corp.
PLC
.........................
4,534
1,963,267
EnerSys
...............................
6,562
1,399,412
Eos
Energy
Enterprises,
Inc.
(a)(b)
...............
56,635
379,455
Eve
Energy
Co.
Ltd.,
Class
A
.................
22,000
235,409
Fluence
Energy,
Inc.,
Class
A
(a)(b)
..............
12,908
157,219
Furukawa
Electric
Co.
Ltd.
...................
12,600
3,421,992
Gotion
High-tech
Co.
Ltd.,
Class
A
.............
19,300
104,348
LG
Energy
Solution
Ltd.
(a)
...................
8,916
2,799,029
NEL
ASA
(a)(b)
............................
311,238
100,072
Phihong
Technology
Co.
Ltd.
(a)
................
57,000
43,573
Plug
Power,
Inc.
(a)(b)
.......................
235,733
737,844
Schneider
Electric
SE
......................
5,377
1,711,008
Security
Shares
Value
a
Electrical
Equipment
(continued)
Sungrow
Power
Supply
Co.
Ltd.,
Class
A
.........
22,100
$
449,583
26,562,393
a
Electronic
Equipment,
Instruments
&
Components
 — 20.3%
Delta
Electronics,
Inc.
......................
31,000
2,173,889
Kyocera
Corp.
...........................
18,600
323,193
Maxell
Ltd.
.............................
400
5,111
Murata
Manufacturing
Co.
Ltd.
................
131,900
4,374,361
Nichicon
Corp.
..........................
11,700
178,960
Samsung
SDI
Co.
Ltd.
(a)
....................
11,970
5,669,076
Shenzhen
Everwin
Precision
Technology
Co.
Ltd.,
Class
A
..............................
14,300
70,248
TDK
Corp.
.............................
26,900
491,850
13,286,688
a
Machinery
 — 1.1%
Kaori
Heat
Treatment
Co.
Ltd.
................
15,000
613,193
NGK
Corp.
.............................
4,000
126,642
739,835
a
Semiconductors
&
Semiconductor
Equipment
 — 1.9%
Enphase
Energy,
Inc.
(a)
.....................
23,334
769,089
SolarEdge
Technologies,
Inc.
(a)
................
10,654
456,630
1,225,719
a
Total
Common
Stocks — 99.3%
(Cost:
$49,000,305)
.................................
64,865,809
a
Preferred
Stocks
Chemicals
 — 0.3%
LG
Chem
Ltd.,
Preference
Shares,
NVS
.........
1,371
173,952
a
a
Total
Preferred
Stocks — 0.3%
(Cost:
$168,355)
...................................
173,952
Total
Long-Term
Investments — 99.6%
(Cost:
$49,168,660)
.................................
65,039,761
a
Short-Term
Securities
Money
Market
Funds
 — 
2.3%
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares,
3.83%
(d)(e)(f)
......................
1,419,598
1,420,024
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares,
3.61%
(d)(e)
............................
100,265
100,265
a
Total
Short-Term
Securities — 2.3%
(Cost:
$1,520,237)
..................................
1,520,289
Total
Investments
—
101.9%
(Cost:
$50,688,897)
.................................
66,560,050
Liabilities
in
Excess
of
Other
Assets
—
(1.9)%
...............
(1,250,405)
Net
Assets
—
100.0%
.................................
$
65,309,645
(a)
Non-income
producing
security.
(b)
All
or
a
portion
of
this
security
is
on
loan.
(c)
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.
(d)
Affiliate
of
the
Fund.
(e)
Annualized
7-day
yield
as
of
period
end.
(f)
All
or
a
portion
of
this
security
was
purchased
with
the
cash
collateral
from
loaned
securities.
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
iShares
®
Energy
Storage
&
Materials
ETF
2
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. 
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
$
360,470
‌
$
1,059,794
(a)
$
—
‌
$
(289
)
$
49
‌
$
1,420,024
‌
1,419,598
‌
$
8,549
(b)
$
—
‌
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
..
—
‌
100,265
(a)
—
‌
—
‌
—
‌
100,265
‌
100,265
‌
1,794
‌
—
‌
$
—
‌
$
(289
)
$
49
‌
$
1,520,289
‌
$
10,343
‌
$
—
‌
(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
Mini
TOPIX
Index
......................................................................
4
06/11/26
$
96
$
1,163
Micro
E-Mini
Russell
2000
Index
............................................................
10
06/18/26
140
779
$
1,942
iShares
®
Energy
Storage
&
Materials
ETF
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
3
Schedule
of
Investments
Level
1
Level
2
Level
3
Total
Assets
Investments
Long-Term
Investments
Common
Stocks
.........................................
$
19,309,372
‌
$
45,556,437
‌
$
—
‌
$
64,865,809
‌
Preferred
Stocks
.........................................
—
‌
173,952
‌
—
‌
173,952
‌
Short-Term
Securities
Money
Market
Funds
......................................
1,520,289
‌
—
‌
—
‌
1,520,289
‌
$
20,829,661
‌
$
45,730,389
‌
$
—
‌
$
66,560,050
‌
Derivative
Financial
Instruments
(a)
Assets
Equity
Contracts
...........................................
$
1,942
‌
$
—
‌
$
—
‌
$
1,942
‌
(a)
Derivative
financial
instruments
are
futures
contracts.
Futures
contracts
are
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.
Portfolio
Abbreviation
NVS
Non-Voting
Shares
Fair
Value
Hierarchy
as
of
Period
End
(continued)