iShares
®
Global
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
 — 
1
.7
%
Aurizon
Holdings
Ltd.
......................
65,158
$
196,844
Bendigo
&
Adelaide
Bank
Ltd.
................
6,183
47,795
BHP
Group
Ltd.
..........................
12,124
479,860
BlueScope
Steel
Ltd.
......................
2,007
43,630
Brambles
Ltd.
...........................
14,446
235,361
Commonwealth
Bank
of
Australia
..............
1,404
176,843
Fortescue
Ltd.
...........................
24,798
357,415
Goodman
Group
.........................
974
21,103
JB
Hi-Fi
Ltd.
............................
4,145
231,485
Origin
Energy
Ltd.
........................
29,349
256,631
Rio
Tinto
Ltd.
...........................
7,558
925,776
Stockland
..............................
62,184
182,367
Telstra
Group
Ltd.
........................
9,731
37,372
Woolworths
Group
Ltd.
.....................
2,635
65,428
3,257,910
a
Austria
 — 
0
.2
%
BAWAG
Group
AG
(a)
.......................
332
56,855
Raiffeisen
Bank
International
AG
..............
4,931
268,965
Strabag
SE
,
Bearer
.......................
656
69,215
Verbund
AG
............................
630
47,536
Vienna
Insurance
Group
AG
Wiener
Versicherung
Gruppe
..............................
288
21,685
464,256
a
Belgium
 — 
0
.2
%
Ageas
SA/N.V.
..........................
5,196
407,183
a
Brazil
 — 
0
.5
%
BB
Seguridade
Participacoes
SA
..............
6,153
42,099
CPFL
Energia
SA
.........................
7,100
70,157
CSN
Mineracao
SA
.......................
22,580
21,295
Embraer
SA
............................
17,987
279,841
NU
Holdings
Ltd.
,
Class
A
(b)
..................
15,438
223,542
Petroleo
Brasileiro
SA
-
Petrobras
..............
20,247
223,781
TIM
SA
...............................
30,616
159,207
1,019,922
a
Canada
 — 
2
.4
%
ARC
Resources
Ltd.
.......................
12,351
292,965
AtkinsRealis
Group,
Inc.
....................
829
57,203
Celestica,
Inc.
(b)
..........................
1,064
436,833
CGI,
Inc.
..............................
360
23,564
Dollarama,
Inc.
..........................
234
29,906
Element
Fleet
Management
Corp.
.............
4,352
103,902
Fairfax
Financial
Holdings
Ltd.
................
89
154,018
George
Weston
Ltd.
.......................
5,097
367,843
Hydro
One
Ltd.
(a)
.........................
11,990
515,137
Imperial
Oil
Ltd.
..........................
3,175
425,312
Kinross
Gold
Corp.
........................
2,498
75,675
Loblaw
Companies
Ltd.
....................
16,656
767,842
Lundin
Gold,
Inc.
.........................
3,869
260,022
Manulife
Financial
Corp.
....................
12,681
498,614
Nutrien
Ltd.
.............................
3,992
303,437
Royal
Bank
of
Canada
.....................
209
37,590
Suncor
Energy,
Inc.
.......................
941
64,481
Thomson
Reuters
Corp.
(b)
(c)
..................
3,126
299,034
4,713,378
a
Chile
 — 
0
.0
%
Enel
Chile
SA
...........................
1,053,881
94,635
a
Security
Shares
Value
a
China
 — 
3
.4
%
3SBio,
Inc.
(a)
(b)
...........................
15,500
$
46,363
Agricultural
Bank
of
China
Ltd.
,
Class
A
..........
183,100
185,227
Agricultural
Bank
of
China
Ltd.
,
Class
H
..........
48,000
37,445
Alibaba
Group
Holding
Ltd.
..................
1,200
19,777
Aluminum
Corp.
of
China
Ltd.
,
Class
A
..........
18,800
32,460
Atour
Lifestyle
Holdings
Ltd.
,
ADR
.............
3,220
123,133
Baiyin
Nonferrous
Group
Co.
Ltd.
,
Class
A
........
14,100
15,814
Bank
of
Beijing
Co.
Ltd.
,
Class
A
..............
27,600
21,413
Bank
of
China
Ltd.
,
Class
A
..................
166,200
139,840
Bank
of
Communications
Co.
Ltd.
,
Class
A
........
99,600
99,091
Bank
of
Shanghai
Co.
Ltd.
,
Class
A
.............
25,900
35,563
Beijing
Compass
Technology
Development
Co.
Ltd.
,
Class
A
..............................
1,400
20,293
Beijing
Kingsoft
Office
Software,
Inc.
,
Class
A
......
1,000
37,043
Bosideng
International
Holdings
Ltd.
(c)
...........
166,000
90,842
Cambricon
Technologies
Corp.
Ltd.
,
Class
A
(b)
.....
400
100,641
China
CITIC
Financial
Asset
Management
Co.
Ltd.
,
Class
H
(a)
(b)
(c)
..........................
559,000
53,139
China
Construction
Bank
Corp.
,
Class
A
.........
16,500
24,016
China
Construction
Bank
Corp.
,
Class
H
.........
456,000
514,732
China
Hongqiao
Group
Ltd.
..................
21,000
88,894
China
Merchants
Securities
Co.
Ltd.
,
Class
H
(a)
.....
19,400
34,165
China
Nonferrous
Mining
Corp.
Ltd.
............
51,000
88,674
China
Petroleum
&
Chemical
Corp.
,
Class
H
......
246,000
145,334
China
Resources
Beverage
Holdings
Co.
Ltd.
(c)
....
15,200
16,923
China
Taiping
Insurance
Holdings
Co.
Ltd.
........
12,200
34,879
China
Tower
Corp.
Ltd.
,
Class
H
(a)
..............
19,000
26,925
Chongqing
Rural
Commercial
Bank
Co.
Ltd.
,
Class
H
84,000
74,536
CITIC
Securities
Co.
Ltd.
,
Class
H
.............
15,500
55,032
CMOC
Group
Ltd.
,
Class
H
..................
12,000
27,438
COSCO
SHIPPING
Holdings
Co.
Ltd.
,
Class
A
.....
19,600
40,607
COSCO
SHIPPING
Holdings
Co.
Ltd.
,
Class
H
.....
94,500
173,738
CSC
Financial
Co.
Ltd.
,
Class
H
(a)
..............
31,500
46,861
Giant
Biogene
Holding
Co.
Ltd.
(a)
(c)
.............
18,600
72,239
Guosen
Securities
Co.
Ltd.
,
Class
A
............
27,600
43,428
Hisense
Home
Appliances
Group
Co.
Ltd.
,
Class
H
..
14,000
41,213
Huatai
Securities
Co.
Ltd.
,
Class
H
(a)
............
51,600
107,072
Industrial
&
Commercial
Bank
of
China
Ltd.
,
Class
A
.
216,900
236,291
Industrial
Bank
Co.
Ltd.
,
Class
A
...............
48,600
127,561
JF
SmartInvest
Holdings
Ltd.
(c)
................
7,300
33,623
Kuaishou
Technology
,
Class
B
(a)
...............
12,100
67,359
Kunlun
Energy
Co.
Ltd.
.....................
80,000
76,988
Meitu,
Inc.
(a)
(b)
(c)
..........................
138,000
74,304
Midea
Group
Co.
Ltd.
,
Class
A
................
3,100
36,878
Midea
Group
Co.
Ltd.
,
Class
H
................
3,400
39,289
MMG
Ltd.
(b)
.............................
36,000
38,840
NetEase
Cloud
Music,
Inc.
(a)
(b)
................
3,500
51,687
NetEase,
Inc.
...........................
1,000
23,409
New
China
Life
Insurance
Co.
Ltd.
,
Class
H
.......
15,800
103,762
Nongfu
Spring
Co.
Ltd.
,
Class
H
(a)
..............
17,600
106,439
Orient
Securities
Co.
Ltd.
,
Class
H
(a)
............
37,200
29,571
PDD
Holdings,
Inc.
,
ADR
(b)
..................
3,160
315,621
People's
Insurance
Co.
Group
of
China
Ltd.
(The)
,
Class
H
.............................
126,000
86,211
PetroChina
Co.
Ltd.
,
Class
A
.................
72,300
129,425
PetroChina
Co.
Ltd.
,
Class
H
.................
456,000
703,386
Pony
AI,
Inc.
,
Class
A
(b)
.....................
3,700
36,275
Pop
Mart
International
Group
Ltd.
(a)
(c)
............
11,600
236,104
Postal
Savings
Bank
of
China
Co.
Ltd.
,
Class
H
(a)
...
189,000
121,531
Qfin
Holdings,
Inc.
,
ADR
....................
4,722
61,764
Remegen
Co.
Ltd.
,
Class
H
(a)
(b)
................
7,500
97,231
SAIC
Motor
Corp.
Ltd.
,
Class
A
...............
11,400
23,093
Seres
Group
Co.
Ltd.
,
Class
A
................
3,700
48,297
Seres
Group
Co.
Ltd.
,
Class
H
(b)
(c)
..............
3,400
33,226
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
iShares
®
Global
Equity
Factor
ETF
(Percentages
shown
are
based
on
Net
Assets)
2
Security
Shares
Value
a
China
(continued)
Shaanxi
Coal
Industry
Co.
Ltd.
,
Class
A
..........
22,000
$
84,129
Shanghai
MicroPort
MedBot
Group
Co.
Ltd.
,
Class
H
(b)
17,500
69,835
Shanghai
Pudong
Development
Bank
Co.
Ltd.
,
Class
A
16,700
22,669
Sichuan
Biokin
Pharmaceutical
Co.
Ltd.
,
Class
A
(b)
..
600
23,955
Simcere
Pharmaceutical
Group
Ltd.
(a)
...........
32,000
48,566
Sinotruk
Hong
Kong
Ltd.
....................
25,500
125,213
Tencent
Holdings
Ltd.
......................
5,100
309,734
Trip.com
Group
Ltd.
(b)
......................
500
26,999
Uni-President
China
Holdings
Ltd.
.............
46,000
42,344
Vipshop
Holdings
Ltd.
,
ADR
..................
7,016
100,960
XD,
Inc.
...............................
10,800
86,844
Zhejiang
Leapmotor
Technology
Co.
Ltd.
,
Class
H
(a)
(b)
10,000
61,039
6,655,242
a
Colombia
 — 
0
.0
%
Grupo
Cibest
SA
.........................
2,622
54,364
a
Czech
Republic
 — 
0
.0
%
CEZ
A.S.
..............................
659
37,966
a
Denmark
 — 
0
.4
%
AP
Moller
-
Maersk
A.S.
,
Class
B
,
NVS
..........
138
326,949
Carlsberg
A.S.
,
Class
B
....................
750
101,560
Novo
Nordisk
A.S.
,
Class
B
..................
9,433
401,241
829,750
a
Egypt
 — 
0
.1
%
Commercial
International
Bank
-
Egypt
(CIB)
......
37,078
93,369
Talaat
Moustafa
Group
.....................
26,198
45,981
139,350
a
Finland
 — 
0
.1
%
Amer
Sports,
Inc.
(b)
........................
5,372
188,396
a
France
 — 
1
.4
%
Christian
Dior
SE
,
NVS
.....................
69
34,571
Credit
Agricole
SA
........................
28,296
552,681
Eiffage
SA
.............................
2,156
347,608
Engie
SA
..............................
22,199
731,735
Publicis
Groupe
SA
.......................
2,492
232,846
Schneider
Electric
SE
......................
49
15,592
Societe
Generale
SA
......................
1,711
137,736
TotalEnergies
SE
.........................
3,290
305,883
Unibail-Rodamco-Westfield
..................
3,151
382,555
2,741,207
a
Germany
 — 
1
.1
%
Bayerische
Motoren
Werke
AG
...............
5,051
462,233
Commerzbank
AG
........................
7,702
318,354
Deutsche
Bank
AG
,
Registered
...............
9,852
306,092
Deutsche
Boerse
AG
......................
285
87,438
Deutsche
Telekom
AG
,
Registered
.............
3,816
123,259
E.ON
SE
..............................
21,775
482,757
Heidelberg
Materials
AG
....................
765
168,792
Mercedes-Benz
Group
AG
...................
1,566
91,282
Siemens
Energy
AG
.......................
612
129,696
2,169,903
a
Greece
 — 
0
.1
%
Allwyn
AG
..............................
5,473
78,160
FF
Group
(b)
(d)
............................
165
—
National
Bank
of
Greece
SA
.................
12,114
191,985
270,145
a
Security
Shares
Value
a
Hong
Kong
 — 
0
.6
%
China
Renewable
Energy
Investment
Ltd.
(b)
(d)
......
659
$
—
CK
Hutchison
Holdings
Ltd.
..................
14,000
116,903
CLP
Holdings
Ltd.
........................
5,000
48,077
Futu
Holdings
Ltd.
,
ADR
....................
3,059
472,646
Guming
Holdings
Ltd.
......................
26,800
87,183
Jardine
Matheson
Holdings
Ltd.
...............
1,000
68,172
SITC
International
Holdings
Co.
Ltd.
............
33,000
138,170
WH
Group
Ltd.
(a)
.........................
243,000
295,354
1,226,505
a
Hungary
 — 
0
.1
%
MOL
Hungarian
Oil
&
Gas
PLC
...............
11,417
152,181
a
India
 — 
1
.3
%
Bharat
Electronics
Ltd.
.....................
13,152
60,042
Bharat
Petroleum
Corp.
Ltd.
.................
17,205
54,784
Coal
India
Ltd.
...........................
32,580
165,703
Cochin
Shipyard
Ltd.
(a)
.....................
2,691
49,411
GE
Vernova
T&D
India
Ltd.
..................
4,836
227,560
General
Insurance
Corp.
of
India
(a)
.............
4,830
20,020
Gillette
India
Ltd.
.........................
312
26,256
GlaxoSmithKline
Pharmaceuticals
Ltd.
..........
1,275
31,488
Godrej
Properties
Ltd.
(b)
....................
1,608
31,225
Hexaware
Technologies
Ltd.
.................
5,315
25,215
Hindustan
Aeronautics
Ltd.
..................
6,309
289,665
Hindustan
Petroleum
Corp.
Ltd.
...............
19,369
76,776
Hindustan
Zinc
Ltd.
.......................
16,247
102,863
Hitachi
Energy
India
Ltd.
....................
363
128,944
Indian
Oil
Corp.
Ltd.
.......................
18,078
27,215
Infosys
Ltd.
.............................
9,846
123,952
Meesho
Ltd.
(b)
...........................
45,472
93,241
Motilal
Oswal
Financial
Services
Ltd.
............
4,589
38,936
National
Aluminium
Co.
Ltd.
..................
19,610
82,972
NMDC
Ltd.
.............................
56,180
53,774
Oil
&
Natural
Gas
Corp.
Ltd.
.................
38,019
120,525
Power
Finance
Corp.
Ltd.
...................
55,652
264,200
REC
Ltd.
..............................
36,603
137,433
Siemens
Energy
India
Ltd.
...................
2,432
84,471
Tata
Consultancy
Services
Ltd.
...............
4,639
121,738
Tata
Investment
Corp.
Ltd.
...................
5,123
38,835
Vishal
Mega
Mart
Ltd.
(b)
.....................
82,593
106,981
2,584,225
a
Indonesia
 — 
0
.2
%
Adaro
Andalan
Indonesia
PT
.................
60,700
40,677
Alamtri
Resources
Indonesia
Tbk
PT
............
345,200
50,254
Aneka
Tambang
Tbk
......................
319,100
69,249
Astra
International
Tbk
PT
...................
59,300
20,544
Elang
Mahkota
Teknologi
Tbk
PT
..............
692,200
32,991
Nanshan
Aluminium
International
Holdings
Ltd.
(c)
....
5,700
28,301
Perusahaan
Gas
Negara
Persero
Tbk
PT
........
405,000
45,562
Unilever
Indonesia
Tbk
PT
..................
207,600
18,409
United
Tractors
Tbk
PT
.....................
50,700
85,086
391,073
a
Ireland
 — 
0
.4
%
AIB
Group
PLC
..........................
65,145
750,897
a
Israel
 — 
0
.6
%
Bank
Leumi
Le-Israel
BM
...................
5,853
148,167
Check
Point
Software
Technologies
Ltd.
(b)
........
466
52,411
Harel
Insurance
Investments
&
Financial
Services
Ltd.
1,315
81,427
Israel
Corp.
Ltd.
(c)
.........................
151
42,939
Israel
Discount
Bank
Ltd.
,
Class
A
.............
7,668
85,305
Migdal
Insurance
&
Financial
Holdings
Ltd.
(b)
......
12,787
81,701
iShares
®
Global
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
Israel
(continued)
Phoenix
Financial
Ltd.
(c)
....................
8,621
$
518,714
Tel
Aviv
Stock
Exchange
Ltd.
.................
1,721
86,597
1,097,261
a
Italy
 — 
1
.5
%
Banca
Mediolanum
SpA
....................
4,351
95,367
Banco
BPM
SpA
.........................
22,163
322,938
BPER
Banca
SpA
........................
27,630
407,868
Enel
SpA
..............................
21,959
256,386
Intesa
Sanpaolo
SpA
......................
30,246
205,498
Poste
Italiane
SpA
(a)
.......................
6,943
184,294
Prysmian
SpA
...........................
302
45,937
Snam
SpA
.............................
37,794
298,022
Terna
-
Rete
Elettrica
Nazionale
...............
15,495
186,378
UniCredit
SpA
...........................
11,639
899,489
2,902,177
a
Japan
 — 
6
.6
%
Advantest
Corp.
..........................
2,000
373,437
ALSOK
Co.
Ltd.
..........................
7,100
53,855
Asics
Corp.
.............................
27,800
789,454
Canon
Marketing
Japan,
Inc.
.................
2,300
52,346
Chugai
Pharmaceutical
Co.
Ltd.
...............
1,100
58,662
Credit
Saison
Co.
Ltd.
......................
4,000
110,795
Dai
Nippon
Printing
Co.
Ltd.
.................
4,200
79,553
Daiichi
Life
Group,
Inc.
.....................
6,100
55,850
Daiichi
Sankyo
Co.
Ltd.
.....................
4,600
74,723
Daiwa
Securities
Group,
Inc.
.................
17,700
166,608
Ebara
Corp.
............................
8,800
301,030
ENEOS
Holdings,
Inc.
.....................
6,200
52,071
Fast
Retailing
Co.
Ltd.
.....................
100
47,075
Fuji
Electric
Co.
Ltd.
.......................
300
25,213
Fujikura
Ltd.
............................
9,700
374,255
Fujitsu
Ltd.
.............................
1,700
34,121
Furukawa
Electric
Co.
Ltd.
...................
1,100
298,745
Gunma
Bank
Ltd.
(The)
....................
15,000
205,388
Hachijuni
Nagano
Bank
Ltd.
.................
17,500
237,096
Hitachi
Ltd.
.............................
12,000
381,580
Hoya
Corp.
.............................
100
18,674
IHI
Corp.
..............................
1,200
21,919
Isetan
Mitsukoshi
Holdings
Ltd.
...............
10,800
205,233
Iyogin
Holdings,
Inc.
.......................
11,300
217,767
Japan
Post
Bank
Co.
Ltd.
...................
7,900
135,566
Japan
Real
Estate
Investment
Corp.
............
200
153,077
Kamigumi
Co.
Ltd.
........................
700
23,135
Kandenko
Co.
Ltd.
........................
4,200
183,210
KDX
Realty
Investment
Corp.
,
Class
A
..........
94
98,184
Kioxia
Holdings
Corp.
(b)
.....................
300
72,588
Komatsu
Ltd.
...........................
3,400
145,581
Konami
Group
Corp.
......................
1,200
144,088
Kyushu
Electric
Power
Co.,
Inc.
...............
10,000
108,119
Mitsubishi
Heavy
Industries
Ltd.
...............
9,800
292,490
Mitsubishi
UFJ
Financial
Group,
Inc.
............
29,000
520,922
Mitsui
E&S
Co.
Ltd.
.......................
700
25,245
Mitsui
Kinzoku
Co.
Ltd.
.....................
1,700
467,089
Mizuho
Financial
Group,
Inc.
.................
18,800
808,450
Modec,
Inc.
.............................
1,400
115,753
MS&AD
Insurance
Group
Holdings,
Inc.
.........
2,900
74,571
NEC
Corp.
.............................
3,500
93,100
Nexon
Co.
Ltd.
..........................
4,000
67,530
Nintendo
Co.
Ltd.
.........................
400
19,568
Nippon
Building
Fund,
Inc.
...................
234
195,953
Nissan
Motor
Co.
Ltd.
(b)
.....................
83,200
190,363
Nomura
Real
Estate
Holdings,
Inc.
.............
20,700
135,052
Nomura
Real
Estate
Master
Fund,
Inc.
..........
108
111,342
Security
Shares
Value
a
Japan
(continued)
Nomura
Research
Institute
Ltd.
...............
3,400
$
91,765
Orix
JREIT,
Inc.
..........................
154
97,581
Otsuka
Corp.
...........................
900
16,663
Persol
Holdings
Co.
Ltd.
....................
16,500
24,559
Recruit
Holdings
Co.
Ltd.
...................
6,900
319,642
Ricoh
Co.
Ltd.
...........................
4,600
38,792
Ryohin
Keikaku
Co.
Ltd.
....................
4,700
108,587
Sanrio
Co.
Ltd.
..........................
19,600
114,221
Santen
Pharmaceutical
Co.
Ltd.
...............
12,100
124,696
Sanwa
Holdings
Corp.
.....................
8,300
189,843
SBI
Holdings,
Inc.
........................
1,500
30,267
SCREEN
Holdings
Co.
Ltd.
..................
4,100
271,834
SoftBank
Group
Corp.
.....................
4,400
150,299
Sompo
Holdings,
Inc.
......................
2,100
78,152
Subaru
Corp.
...........................
17,400
259,177
Sumitomo
Electric
Industries
Ltd.
..............
2,800
184,336
Sumitomo
Mitsui
Financial
Group,
Inc.
...........
11,900
420,178
Sumitomo
Pharma
Co.
Ltd.
(b)
.................
7,500
82,799
Taisei
Corp.
............................
800
86,753
TIS,
Inc.
...............................
2,800
61,026
Tokio
Marine
Holdings,
Inc.
..................
4,300
196,926
Tokyo
Electron
Ltd.
.......................
500
147,341
Tokyo
Gas
Co.
Ltd.
.......................
6,000
254,819
Tokyo
Ohka
Kogyo
Co.
Ltd.
..................
4,600
270,433
Tokyo
Tatemono
Co.
Ltd.
....................
7,800
179,484
TOPPAN
Holdings,
Inc.
.....................
3,700
109,977
USS
Co.
Ltd.
............................
17,900
193,801
Yamazaki
Baking
Co.
Ltd.
...................
5,900
123,411
Yokogawa
Electric
Corp.
....................
8,600
299,432
12,943,220
a
Kuwait
 — 
0
.0
%
Warba
Bank
KSCP
........................
41,569
39,395
a
Malaysia
 — 
0
.0
%
Petronas
Dagangan
Bhd
(c)
...................
4,800
24,390
Sime
Darby
Bhd
(c)
........................
39,600
21,583
45,973
a
Mexico
 — 
0
.1
%
Coca-Cola
Femsa
SAB
de
CV
................
14,852
150,454
Fomento
Economico
Mexicano
SAB
de
CV
.......
1,884
22,266
172,720
a
Netherlands
 — 
1
.2
%
Adyen
N.V.
(a)
(b)
...........................
87
98,176
Aegon
Ltd.
.............................
7,535
62,440
AerCap
Holdings
N.V.
......................
1,321
187,859
Akzo
Nobel
N.V.
.........................
2,100
123,263
ASML
Holding
N.V.
.......................
734
1,061,030
EXOR
N.V.
.............................
880
69,030
Koninklijke
Ahold
Delhaize
N.V.
...............
11,769
552,784
Koninklijke
KPN
N.V.
......................
30,267
161,854
Wolters
Kluwer
N.V.
.......................
239
18,653
2,335,089
a
New
Zealand
 — 
0
.1
%
Contact
Energy
Ltd.
.......................
8,862
49,735
Meridian
Energy
Ltd.
......................
23,312
78,222
127,957
a
Norway
 — 
0
.6
%
DNB
Bank
ASA
..........................
7,142
216,284
Equinor
ASA
............................
12,200
496,506
Kongsberg
Gruppen
ASA
...................
1,593
53,302
Orkla
ASA
..............................
11,253
138,795
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
iShares
®
Global
Equity
Factor
ETF
(Percentages
shown
are
based
on
Net
Assets)
4
Security
Shares
Value
a
Norway
(continued)
Var
Energi
ASA
..........................
22,384
$
113,743
Wallenius
Wilhelmsen
ASA
,
Class
B
............
3,976
50,898
Yara
International
ASA
.....................
1,794
104,441
1,173,969
a
Philippines
 — 
0
.1
%
International
Container
Terminal
Services,
Inc.
.....
12,580
145,292
JG
Summit
Holdings,
Inc.
...................
47,500
20,939
Manila
Electric
Co.
........................
4,830
51,227
217,458
a
Poland
 — 
0
.2
%
Asseco
Poland
SA
........................
2,033
102,552
Budimex
SA
............................
400
72,721
Orange
Polska
SA
........................
8,542
35,054
Tauron
Polska
Energia
SA
(b)
..................
39,970
104,380
314,707
a
Portugal
 — 
0
.1
%
Galp
Energia
SGPS
SA
....................
7,632
178,512
a
Qatar
 — 
0
.1
%
Mesaieed
Petrochemical
Holding
Co.
...........
131,011
42,643
Ooredoo
QPSC
..........................
21,671
81,480
124,123
a
Russia
 — 
0
.0
%
Alrosa
PJSC
(b)
(d)
..........................
59,760
8
PhosAgro
PJSC
,
GDR
(b)
(d)
(e)
..................
1
—
PhosAgro
PJSC
,
GDR
(b)
(d)
...................
20
—
United
Co.
RUSAL
International
PJSC
(b)
(d)
........
70,560
9
17
a
Saudi
Arabia
 — 
0
.3
%
Astra
Industrial
Group
Co.
...................
1,417
53,381
Elm
Co.
...............................
1,015
158,948
Etihad
Etisalat
Co.
........................
6,171
107,146
Nahdi
Medical
Co.
........................
1,518
42,610
SAL
Saudi
Logistics
Services
.................
1,278
56,246
Saudi
Energy
Co.
........................
23,973
113,697
532,028
a
Singapore
 — 
0
.7
%
DBS
Group
Holdings
Ltd.
...................
900
41,500
Hafnia
Ltd.
.............................
3,269
28,986
Jardine
Cycle
&
Carriage
Ltd.
................
2,200
56,503
Oversea-Chinese
Banking
Corp.
Ltd.
...........
16,200
279,492
Sembcorp
Industries
Ltd.
...................
19,900
104,434
Singapore
Airlines
Ltd.
.....................
59,800
296,173
Singapore
Exchange
Ltd.
...................
2,200
37,617
Singapore
Technologies
Engineering
Ltd.
.........
15,600
132,202
Yangzijiang
Shipbuilding
Holdings
Ltd.
...........
105,300
359,122
1,336,029
a
South
Africa
 — 
0
.3
%
Exxaro
Resources
Ltd.
.....................
7,130
94,129
Harmony
Gold
Mining
Co.
Ltd.
................
2,240
35,312
MTN
Group
Ltd.
..........................
10,855
136,196
NEPI
Rockcastle
N.V.
(b)
.....................
19,221
162,699
Sasol
Ltd.
(b)
.............................
13,472
187,255
615,591
a
South
Korea
 — 
2
.6
%
APR
Corp.
.............................
695
198,913
CJ
Corp.
..............................
566
86,189
DB
Insurance
Co.
Ltd.
.....................
331
37,666
Doosan
Co.
Ltd.
.........................
85
93,843
Security
Shares
Value
a
South
Korea
(continued)
Hana
Financial
Group,
Inc.
..................
5,165
$
448,743
Hankook
Tire
&
Technology
Co.
Ltd.
............
2,940
118,309
Hanwha
Aerospace
Co.
Ltd.
.................
28
26,750
HD
Hyundai
Co.
Ltd.
......................
125
26,539
Hyosung
Heavy
Industries
Corp.
..............
58
156,241
Hyundai
Glovis
Co.
Ltd.
....................
315
48,637
Hyundai
Mobis
Co.
Ltd.
.....................
1,016
293,846
Hyundai
Motor
Co.
........................
928
336,363
Hyundai
Rotem
Co.
Ltd.
....................
127
23,240
KB
Financial
Group,
Inc.
....................
235
25,734
KCC
Corp.
.............................
187
70,925
Kia
Corp.
..............................
2,928
301,999
Korea
Electric
Power
Corp.
..................
6,325
189,509
Korea
Gas
Corp.
.........................
714
18,931
Korea
Investment
Holdings
Co.
Ltd.
............
255
41,902
LG
Innotek
Co.
Ltd.
.......................
165
64,508
Mirae
Asset
Securities
Co.
Ltd.
................
7,094
315,101
Samsung
C&T
Corp.
......................
396
80,905
Samsung
Electronics
Co.
Ltd.
................
5,598
842,989
Samsung
Fire
&
Marine
Insurance
Co.
Ltd.
.......
529
164,421
Samsung
Life
Insurance
Co.
Ltd.
..............
793
134,873
Shinhan
Financial
Group
Co.
Ltd.
..............
1,405
95,412
SK
hynix,
Inc.
...........................
401
357,599
SK
Square
Co.
Ltd.
(b)
......................
789
459,199
SK
Telecom
Co.
Ltd.
.......................
533
34,539
5,093,825
a
Spain
 — 
1
.0
%
Banco
Bilbao
Vizcaya
Argentaria
SA
............
27,079
597,969
Endesa
SA
.............................
6,705
300,529
Iberdrola
SA
............................
3,394
79,570
Naturgy
Energy
Group
SA
...................
5,513
173,275
Repsol
SA
.............................
30,872
829,258
1,980,601
a
Sweden
 — 
1
.3
%
Alfa
Laval
AB
...........................
4,235
254,859
H
&
M
Hennes
&
Mauritz
AB
,
Class
B
...........
3,483
62,512
Investor
AB
,
Class
A
.......................
3,413
136,604
Investor
AB
,
Class
B
.......................
20,674
839,066
Nordea
Bank
Abp
........................
27,519
517,492
Skandinaviska
Enskilda
Banken
AB
,
Class
A
......
9,056
179,238
Spotify
Technology
SA
(b)
....................
741
330,893
SSAB
AB
,
Class
A
........................
7,507
67,564
SSAB
AB
,
Class
B
........................
6,267
57,060
Telefonaktiebolaget
LM
Ericsson
,
Class
B
........
2,362
28,176
Volvo
AB
,
Class
A
........................
637
22,213
2,495,677
a
Switzerland
 — 
2
.5
%
ABB
Ltd.
,
Registered
......................
11,772
1,190,616
Cie
Financiere
Richemont
SA
,
Class
A,
Registered
..
188
36,081
Novartis
AG
,
Registered
....................
13,322
1,968,854
Roche
Holding
AG
,
Bearer
..................
261
109,166
Roche
Holding
AG
,
NVS
....................
1,195
486,963
Schindler
Holding
AG
,
Participation
Certificates
,
NVS
365
127,611
Schindler
Holding
AG
,
Registered
..............
361
120,877
UBS
Group
AG
,
Registered
..................
15,219
673,468
Zurich
Insurance
Group
AG
..................
219
152,691
4,866,327
a
Taiwan
 — 
2
.8
%
Accton
Technology
Corp.
...................
5,000
366,183
Asustek
Computer,
Inc.
.....................
1,000
18,528
Compal
Electronics,
Inc.
....................
58,000
53,619
iShares
®
Global
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
Taiwan
(continued)
Far
EasTone
Telecommunications
Co.
Ltd.
........
8,000
$
23,859
Global
Unichip
Corp.
......................
2,000
276,525
King
Slide
Works
Co.
Ltd.
...................
1,000
126,868
Lite-On
Technology
Corp.
...................
18,000
96,514
MediaTek,
Inc.
...........................
9,000
751,334
Novatek
Microelectronics
Corp.
...............
23,000
298,744
Realtek
Semiconductor
Corp.
................
10,000
170,724
Taiwan
Cooperative
Financial
Holding
Co.
Ltd.
.....
213,955
155,226
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.
.....
38,489
2,671,978
Uni-President
Enterprises
Corp.
...............
28,000
61,330
United
Integrated
Services
Co.
Ltd.
.............
7,000
213,558
Yang
Ming
Marine
Transport
Corp.
.............
20,000
31,160
Yuanta
Financial
Holding
Co.
Ltd.
..............
100,412
166,359
5,482,509
a
Thailand
 — 
0
.1
%
Krung
Thai
Bank
PCL
,
NVDR
................
63,100
63,879
PTT
Exploration
&
Production
PCL
,
NVDR
........
48,000
227,897
291,776
a
Turkey
 — 
0
.1
%
Anadolu
Efes
Biracilik
Ve
Malt
Sanayii
A.S.
.......
77,021
32,401
Turkcell
Iletisim
Hizmetleri
A.S.
................
45,656
113,518
Turkiye
Garanti
Bankasi
A.S.
(c)
................
22,512
66,652
Turkiye
Petrol
Rafinerileri
A.S.
................
14,128
84,935
297,506
a
United
Arab
Emirates
 — 
0
.4
%
Abu
Dhabi
Islamic
Bank
PJSC
................
26,113
155,931
Emaar
Development
PJSC
..................
32,972
130,879
Emaar
Properties
PJSC
....................
17,707
57,017
Emirates
Integrated
Telecommunications
Co.
PJSC
..
27,751
81,445
Emirates
NBD
Bank
PJSC
...................
40,524
319,947
745,219
a
United
Kingdom
 — 
3
.0
%
Airtel
Africa
PLC
(a)
........................
30,990
149,670
AstraZeneca
PLC
........................
1,436
272,441
Aviva
PLC
.............................
5,908
50,107
BAE
Systems
PLC
........................
20,254
563,336
Barclays
PLC
...........................
31,485
185,066
BP
PLC
...............................
67,166
531,675
BT
Group
PLC
..........................
6,417
18,865
Centrica
PLC
...........................
161,730
472,719
Coca-Cola
HBC
AG
,
Class
DI
(b)
...............
7,532
439,333
Fresnillo
PLC
...........................
1,494
65,970
Greatland
Resources
Ltd.
(b)
..................
3,977
38,920
GSK
PLC
..............................
8,186
214,616
HSBC
Holdings
PLC
......................
22,519
414,346
Marks
&
Spencer
Group
PLC
.................
65,637
294,831
NatWest
Group
PLC
.......................
28,551
227,719
Next
PLC
..............................
207
36,533
Rio
Tinto
PLC
...........................
1,153
116,149
Rolls-Royce
Holdings
PLC
..................
14,318
230,399
Shell
PLC
..............................
5,839
263,635
Standard
Chartered
PLC
....................
5,970
152,025
Tesco
PLC
.............................
50,546
331,556
Vodafone
Group
PLC
......................
381,590
607,165
Wise
PLC
,
Class
A
(b)
.......................
16,679
238,532
5,915,608
a
United
States
 — 
58
.7
%
Abbott
Laboratories
.......................
3,293
298,971
AbbVie,
Inc.
............................
5,765
1,218,260
Adobe,
Inc.
(b)
............................
1,674
411,971
Advanced
Micro
Devices,
Inc.
(b)
...............
1,030
365,125
Security
Shares
Value
a
United
States
(continued)
Aflac,
Inc.
..............................
1,574
$
178,917
Agilent
Technologies,
Inc.
...................
1,110
128,260
Airbnb,
Inc.
,
Class
A
(b)
......................
2,184
306,546
Allstate
Corp.
(The)
.......................
977
212,263
Ally
Financial,
Inc.
........................
2,522
111,952
Alnylam
Pharmaceuticals,
Inc.
(b)
...............
286
88,514
Alphabet,
Inc.
,
Class
C
,
NVS
.................
20,511
7,833,971
Altria
Group,
Inc.
.........................
11,198
813,535
Amazon.com,
Inc.
(b)
.......................
17,898
4,744,044
American
Express
Co.
.....................
1,018
328,865
American
International
Group,
Inc.
.............
1,798
134,490
Ameriprise
Financial,
Inc.
...................
1,211
574,971
Amgen,
Inc.
............................
1,450
502,062
Amphenol
Corp.
,
Class
A
...................
1,024
150,804
Apple,
Inc.
.............................
28,908
7,844,186
Applied
Materials,
Inc.
.....................
2,310
911,272
AppLovin
Corp.
,
Class
A
(b)
...................
1,233
550,350
Arista
Networks,
Inc.
(b)
.....................
4,018
693,949
AT&T,
Inc.
..............................
25,170
657,692
Atlassian
Corp.
,
Class
A
(b)
...................
4,097
281,013
Autodesk,
Inc.
(b)
..........................
712
168,744
AutoZone,
Inc.
(b)
.........................
108
400,035
Bank
of
America
Corp.
.....................
7,249
387,532
Bank
of
New
York
Mellon
Corp.
(The)
...........
8,848
1,188,906
Berkshire
Hathaway,
Inc.
,
Class
B
(b)
............
749
354,726
Best
Buy
Co.,
Inc.
........................
6,888
416,655
Biogen,
Inc.
(b)
...........................
174
32,935
BlackRock,
Inc.
(f)
.........................
162
172,627
Booking
Holdings,
Inc.
.....................
6,306
1,061,678
Boston
Scientific
Corp.
(b)
....................
2,216
127,664
Bristol-Myers
Squibb
Co.
....................
10,967
664,491
Broadcom,
Inc.
..........................
9,870
4,120,034
Builders
FirstSource,
Inc.
(b)
..................
1,242
98,230
Cadence
Design
Systems,
Inc.
(b)
..............
1,260
415,283
Capital
One
Financial
Corp.
..................
1,956
374,183
Cardinal
Health,
Inc.
.......................
2,011
387,882
Carvana
Co.
,
Class
A
(b)
.....................
142
56,204
Caterpillar,
Inc.
..........................
380
338,242
CDW
Corp.
.............................
211
28,888
CF
Industries
Holdings,
Inc.
..................
1,085
134,757
CH
Robinson
Worldwide,
Inc.
................
906
164,720
Charter
Communications,
Inc.
,
Class
A
(b)
(c)
........
1,475
243,626
Chevron
Corp.
...........................
497
96,075
Cigna
Group
(The)
........................
161
46,783
Cintas
Corp.
............................
2,576
450,053
Cisco
Systems,
Inc.
.......................
6,401
585,691
Coca-Cola
Co.
(The)
......................
6,996
551,005
Cognizant
Technology
Solutions
Corp.
,
Class
A
.....
1,069
56,550
Comfort
Systems
USA,
Inc.
..................
20
36,805
ConocoPhillips
..........................
1,800
226,404
Constellation
Energy
Corp.
..................
632
197,816
Costco
Wholesale
Corp.
....................
641
650,314
CRH
PLC
..............................
2,287
270,827
Crowdstrike
Holdings,
Inc.
,
Class
A
(b)
............
797
355,263
CVS
Health
Corp.
........................
506
42,145
Deere
&
Co.
............................
139
81,992
Dell
Technologies,
Inc.
,
Class
C
...............
2,399
501,271
Dollar
General
Corp.
......................
526
60,953
Dollar
Tree,
Inc.
(b)
.........................
575
55,838
Eaton
Corp.
PLC
.........................
1,127
488,002
eBay,
Inc.
..............................
8,770
907,520
Ecolab,
Inc.
............................
918
239,231
Electronic
Arts,
Inc.
.......................
314
63,544
Elevance
Health,
Inc.
......................
464
174,659
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
iShares
®
Global
Equity
Factor
ETF
(Percentages
shown
are
based
on
Net
Assets)
6
Security
Shares
Value
a
United
States
(continued)
Eli
Lilly
&
Co.
...........................
1,477
$
1,380,404
Emerson
Electric
Co.
......................
2,180
306,159
Equity
Residential
........................
360
23,537
Expedia
Group,
Inc.
.......................
2,443
606,768
Exxon
Mobil
Corp.
........................
4,680
722,264
F5,
Inc.
(b)
..............................
336
108,830
Fair
Isaac
Corp.
(b)
.........................
340
348,500
Ferguson
Enterprises,
Inc.
...................
562
150,453
Fidelity
National
Financial,
Inc.
................
4,741
247,954
Fortinet,
Inc.
(b)
...........................
9,373
790,238
Fox
Corp.
,
Class
A
,
NVS
....................
5,007
317,894
Gartner,
Inc.
(b)
...........................
1,606
238,475
GE
HealthCare
Technologies,
Inc.
.............
7,640
464,818
GE
Vernova,
Inc.
.........................
318
344,540
General
Dynamics
Corp.
....................
160
55,088
General
Electric
Co.
.......................
2,308
669,158
General
Motors
Co.
.......................
12,811
985,038
Gilead
Sciences,
Inc.
......................
4,316
564,705
Globe
Life,
Inc.
..........................
146
22,528
GoDaddy,
Inc.
,
Class
A
(b)
....................
791
68,651
Goldman
Sachs
Group,
Inc.
(The)
.............
318
293,759
Hewlett
Packard
Enterprise
Co.
...............
15,353
441,706
Hilton
Worldwide
Holdings,
Inc.
...............
690
223,608
Home
Depot,
Inc.
(The)
....................
1,820
598,416
Howmet
Aerospace,
Inc.
....................
877
213,146
HP,
Inc.
...............................
12,110
252,615
HubSpot,
Inc.
(b)
..........................
437
96,909
Humana,
Inc.
...........................
103
24,353
IDEXX
Laboratories,
Inc.
(b)
...................
233
130,666
Illumina,
Inc.
(b)
...........................
2,464
312,287
Incyte
Corp.
(b)
...........................
227
21,626
International
Business
Machines
Corp.
..........
1,029
237,678
Intuit,
Inc.
..............................
1,022
397,047
Johnson
&
Johnson
.......................
5,987
1,376,112
JPMorgan
Chase
&
Co.
....................
5,597
1,753,148
KLA
Corp.
..............................
734
1,284,757
Kroger
Co.
(The)
.........................
10,897
741,759
Lam
Research
Corp.
......................
4,637
1,195,697
Las
Vegas
Sands
Corp.
....................
1,629
88,960
Leidos
Holdings,
Inc.
......................
1,676
250,093
Lennox
International,
Inc.
...................
362
193,630
Liberty
Media
Corp.-Liberty
Formula
One
,
Series
A
(b)
.
1,013
80,230
Linde
PLC
.............................
856
428,976
Lowe's
Companies,
Inc.
....................
1,837
438,657
Lululemon
Athletica,
Inc.
(b)
...................
264
36,353
Lumentum
Holdings,
Inc.
(b)
..................
284
256,259
LyondellBasell
Industries
N.V.
,
Class
A
..........
1,807
134,802
Marathon
Petroleum
Corp.
..................
2,539
630,408
Masco
Corp.
............................
4,175
299,848
Mastercard,
Inc.
,
Class
A
....................
1,531
769,970
McDonald's
Corp.
........................
2,079
610,374
McKesson
Corp.
.........................
1,253
1,021,446
Medtronic
PLC
..........................
397
32,145
MercadoLibre,
Inc.
(b)
.......................
178
319,088
Merck
&
Co.,
Inc.
.........................
8,073
881,410
Meta
Platforms,
Inc.
,
Class
A
.................
3,949
2,416,433
Mettler-Toledo
International,
Inc.
(b)
.............
444
566,815
Micron
Technology,
Inc.
.....................
1,397
722,472
Microsoft
Corp.
..........................
14,350
5,851,643
Mondelez
International,
Inc.
,
Class
A
............
1,087
66,785
MongoDB,
Inc.
,
Class
A
(b)
...................
160
40,133
Moody's
Corp.
...........................
86
39,719
Motorola
Solutions,
Inc.
....................
1,552
681,375
MSCI,
Inc.
,
Class
A
.......................
799
472,537
Security
Shares
Value
a
United
States
(continued)
Nasdaq,
Inc.
............................
1,211
$
111,303
NetApp,
Inc.
............................
1,434
158,844
Netflix,
Inc.
(b)
............................
4,674
437,533
Newmont
Corp.
..........................
378
41,992
NiSource,
Inc.
...........................
2,110
101,871
Northrop
Grumman
Corp.
...................
84
48,676
NRG
Energy,
Inc.
.........................
1,299
202,098
Nucor
Corp.
............................
1,124
253,226
NVIDIA
Corp.
...........................
47,066
9,392,962
NVR,
Inc.
(b)
.............................
3
18,948
Okta,
Inc.
,
Class
A
(b)
.......................
869
64,002
Omnicom
Group,
Inc.
......................
2,420
185,662
Oracle
Corp.
............................
2,835
457,541
O'Reilly
Automotive,
Inc.
(b)
...................
5,001
497,099
PACCAR,
Inc.
...........................
797
94,684
Palantir
Technologies,
Inc.
,
Class
A
(b)
...........
3,062
425,955
Palo
Alto
Networks,
Inc.
(b)
...................
1,794
321,700
Parker-Hannifin
Corp.
......................
102
92,761
Paychex,
Inc.
...........................
515
47,704
PayPal
Holdings,
Inc.
......................
1,966
98,575
PepsiCo,
Inc.
...........................
5,885
932,714
Pfizer,
Inc.
.............................
16,601
443,247
Philip
Morris
International,
Inc.
................
819
135,192
Principal
Financial
Group,
Inc.
................
1,747
176,290
Procter
&
Gamble
Co.
(The)
.................
6,419
944,171
PulteGroup,
Inc.
.........................
149
18,232
Qnity
Electronics,
Inc.
......................
725
101,978
QUALCOMM,
Inc.
........................
3,818
685,636
Regency
Centers
Corp.
....................
814
63,370
Reinsurance
Group
of
America,
Inc.
............
1,602
338,759
Robinhood
Markets,
Inc.
,
Class
A
(b)
.............
922
67,205
RTX
Corp.
.............................
1,043
183,641
S&P
Global,
Inc.
.........................
626
269,950
Salesforce,
Inc.
..........................
1,478
260,911
Sandisk
Corp.
(b)
..........................
277
303,733
Seagate
Technology
Holdings
PLC
.............
1,760
1,185,606
ServiceNow,
Inc.
(b)
........................
2,025
178,828
Simon
Property
Group,
Inc.
..................
796
162,153
Snowflake,
Inc.
,
Class
A
(b)
...................
152
20,743
State
Street
Corp.
........................
1,755
268,234
Steel
Dynamics,
Inc.
.......................
1,590
363,569
Stryker
Corp.
...........................
48
15,126
Synchrony
Financial
.......................
11,262
858,164
Target
Corp.
............................
4,295
557,276
TE
Connectivity
PLC
......................
3,707
784,624
TechnipFMC
PLC
........................
2,987
225,728
Tesla,
Inc.
(b)
.............................
3,897
1,487,212
Thermo
Fisher
Scientific,
Inc.
.................
737
352,994
TJX
Companies,
Inc.
(The)
..................
828
129,789
Trane
Technologies
PLC
....................
1,857
914,647
Travelers
Companies,
Inc.
(The)
...............
862
263,031
Twilio,
Inc.
,
Class
A
(b)
......................
395
58,484
Uber
Technologies,
Inc.
(b)
...................
3,499
261,060
Ulta
Beauty,
Inc.
(b)
........................
408
219,292
United
Airlines
Holdings,
Inc.
(b)
................
504
45,360
United
Rentals,
Inc.
.......................
349
334,984
UnitedHealth
Group,
Inc.
....................
806
298,607
Universal
Health
Services,
Inc.
,
Class
B
.........
1,190
200,241
Valero
Energy
Corp.
.......................
2,232
563,759
Veeva
Systems,
Inc.
,
Class
A
(b)
...............
517
80,636
Verisk
Analytics,
Inc.
,
Class
A
.................
621
114,568
Verizon
Communications,
Inc.
................
7,262
348,794
Visa,
Inc.
,
Class
A
........................
3,721
1,227,335
Vistra
Corp.
............................
1,521
240,075
iShares
®
Global
Equity
Factor
ETF
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
(Percentages
shown
are
based
on
Net
Assets)
7
Schedule
of
Investments
Security
Shares
Value
a
United
States
(continued)
Walmart,
Inc.
............................
11,866
$
1,565,481
Wells
Fargo
&
Co.
........................
6,326
520,187
Western
Digital
Corp.
......................
1,103
479,276
WW
Grainger,
Inc.
........................
308
357,696
Yum!
Brands,
Inc.
........................
2,384
380,606
Zscaler,
Inc.
(b)
...........................
978
127,805
115,330,753
a
Total
Common
Stocks — 99.2%
(Cost:
$
139,285,064
)
................................
194,804,515
a
Preferred
Stocks
Brazil
 — 
0
.1
%
Gerdau
SA
,
Preference
Shares
,
NVS
...........
48,872
223,150
a
Germany
 — 
0
.1
%
Dr
Ing
hc
F
Porsche
AG
,
Preference
Shares
,
NVS
(c)
..
1,672
81,194
a
South
Korea
 — 
0
.2
%
Doosan
Co.
Ltd.
,
Preference
Shares
,
NVS
........
88
39,097
Hanwha
Corp.
,
Preference
Shares
,
NVS
.........
746
25,049
Samsung
Electronics
Co.
Ltd.
,
Preference
Shares
,
NVS
................................
2,699
291,314
355,460
a
Total
Preferred
Stocks — 0.4%
(Cost:
$
482,528
)
...................................
659,804
Security
Shares
Value
a
Rights
United
States
 — 
0
.0
%
TPG,
Inc.
(Expires
04/09/29
)
(b)
................
3,991
$
40
a
Total
Rights — 0.0%
(Cost:
$
–
)
........................................
40
a
Total
Long-Term
Investments — 99.6%
(Cost:
$
139,767,592
)
................................
195,464,359
a
Short-Term
Securities
Money
Market
Funds
 — 
0
.8
%
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
,
3.83
%
(f)
(g)
(h)
......................
1,125,391
1,125,729
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
,
3.61
%
(f)
(g)
.............................
504,286
504,286
a
Total
Short-Term
Securities — 0.8%
(Cost:
$
1,629,909
)
..................................
1,630,015
Total
Investments
—  100.4%
(Cost:
$
141,397,501
)
................................
197,094,374
Liabilities
in
Excess
of
Other
Assets
—
(
0
.4
)
%
...............
(
728,200
)
Net
Assets
—
100.0%
.................................
$
196,366,174
(a)
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.
(b)
Non-income
producing
security.
(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)
This
security
may
be
resold
to
qualified
foreign
investors
and
foreign
institutional
buyers
under
Regulation
S
of
the
Securities
Act
of
1933.
(f)
Affiliate
of
the
Fund.
(g)
Annualized
7-day
yield
as
of
period
end.
(h)
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
$
549,875
‌
$
575,418
(a)
$
—
‌
$
330
‌
$
106
‌
$
1,125,729
‌
1,125,391
‌
$
12,411
(b)
$
—
‌
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
..
120,000
‌
384,286
(a)
—
‌
—
‌
—
‌
504,286
‌
504,286
‌
6,766
‌
—
‌
BlackRock,
Inc.
....
158,159
‌
23,830
‌
(
4,525
)
1,767
‌
(
6,604
)
172,627
‌
162
‌
2,322
‌
—
‌
$
—
‌
$
2,097
‌
$
(
6,498
)
$
1,802,642
‌
$
21,499
‌
$
—
‌
(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.
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
iShares
®
Global
Equity
Factor
ETF
8
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. 
Futures
Contracts
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
(000)
Value/
Unrealized
Appreciation
(Depreciation)
Long
Contracts
Micro
E-Mini
S&P
500
Index
..............................................................
16
06/18/26
$
580
$
5,975
MSCI
EAFE
Index
.....................................................................
1
06/19/26
152
1,939
MSCI
Emerging
Markets
Index
.............................................................
1
06/19/26
82
1,107
$
9,021
Level
1
Level
2
Level
3
Total
Assets
Investments
Long-Term
Investments
Common
Stocks
.........................................
$
131,728,363
‌
$
63,076,135
‌
$
17
‌
$
194,804,515
‌
Preferred
Stocks
.........................................
223,150
‌
436,654
‌
—
‌
659,804
‌
Rights
................................................
—
‌
40
‌
—
‌
40
‌
Short-Term
Securities
Money
Market
Funds
......................................
1,630,015
‌
—
‌
—
‌
1,630,015
‌
$
133,581,528
‌
$
63,512,829
‌
$
17
‌
$
197,094,374
‌
Derivative
Financial
Instruments
(a)
Assets
Equity
Contracts
...........................................
$
9,021
‌
$
—
‌
$
—
‌
$
9,021
‌
(a)
Derivative
financial
instruments
are
futures
contracts.
Futures
contracts
are
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.
Portfolio
Abbreviation
ADR
American
Depositary
Receipt
GDR
Global
Depositary
Receipt
NVDR
Non-Voting
Depository
Receipt
NVS
Non-Voting
Shares
PCL
Public
Company
Limited
PJSC
Public
Joint
Stock
Company
REIT
Real
Estate
Investment
Trust