iShares
®
China
Large-Cap
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
Air
Freight
&
Logistics
 — 0.1%
SF
Holding
Co.
Ltd.
.......................
1,219,000
$
5,533,896
a
Automobiles
 — 4.1%
BYD
Co.
Ltd.,
Class
H
.....................
18,670,500
248,358,054
a
Banks
 — 23.9%
Agricultural
Bank
of
China
Ltd.,
Class
H
..........
156,002,000
121,696,903
Bank
of
China
Ltd.,
Class
H
..................
347,891,000
225,906,384
Bank
of
Communications
Co.
Ltd.,
Class
H
.......
36,943,200
33,791,396
China
CITIC
Bank
Corp.
Ltd.,
Class
H
...........
45,271,000
47,475,682
China
Construction
Bank
Corp.,
Class
H
.........
443,380,320
500,487,338
China
Everbright
Bank
Co.
Ltd.,
Class
H
(a)
........
15,735,000
6,236,953
China
Merchants
Bank
Co.
Ltd.,
Class
H
.........
19,208,938
116,262,768
Industrial
&
Commercial
Bank
of
China
Ltd.,
Class
H
.
405,497,995
365,333,524
Postal
Savings
Bank
of
China
Co.
Ltd.,
Class
H
(b)
...
47,871,000
30,782,111
1,447,973,059
a
Beverages
 — 0.9%
Nongfu
Spring
Co.
Ltd.,
Class
H
(b)
..............
9,086,800
54,953,872
a
Biotechnology
 — 1.5%
BeOne
Medicines
Ltd.,
Class
H
(c)
..............
3,994,000
90,660,473
a
Broadline
Retail
 — 11.7%
Alibaba
Group
Holding
Ltd.
..................
31,882,300
525,452,477
JD.com,
Inc.,
Class
A
......................
12,027,950
182,224,913
707,677,390
a
Capital
Markets
 — 0.9%
CITIC
Securities
Co.
Ltd.,
Class
H
.............
8,070,200
28,652,693
Guotai
Haitong
Securities
Co.
Ltd.,
Class
H
(b)
......
14,392,000
24,694,981
53,347,674
a
Diversified
Telecommunication
Services
 — 0.5%
China
Tower
Corp.
Ltd.,
Class
H
(b)
..............
23,681,600
33,559,526
a
Electrical
Equipment
 — 1.0%
Contemporary
Amperex
Technology
Co.
Ltd.,
Class
H
(a)
759,300
60,012,007
a
Entertainment
 — 3.6%
NetEase,
Inc.
...........................
9,232,200
216,118,211
a
Hotels,
Restaurants
&
Leisure
 — 7.5%
Meituan,
Class
B
(b)(c)
.......................
27,012,720
290,634,833
Trip.com
Group
Ltd.
(c)
......................
3,021,350
163,149,767
453,784,600
a
Household
Durables
 — 1.1%
Haier
Smart
Home
Co.
Ltd.,
Class
H
............
11,753,200
33,196,380
Midea
Group
Co.
Ltd.,
Class
H
(a)
...............
3,100,100
35,823,672
69,020,052
a
Independent
Power
and
Renewable
Electricity
Producers
 — 0.4%
CGN
Power
Co.
Ltd.,
Class
H
(b)
...............
52,489,000
23,386,973
a
Industrial
Conglomerates
 — 0.7%
CITIC
Ltd.
..............................
25,090,000
41,695,925
a
Insurance
 — 9.7%
China
Life
Insurance
Co.
Ltd.,
Class
H
..........
37,766,000
139,320,712
China
Pacific
Insurance
Group
Co.
Ltd.,
Class
H
....
13,077,800
57,089,390
New
China
Life
Insurance
Co.
Ltd.,
Class
H
.......
4,972,300
32,654,299
People's
Insurance
Co.
Group
of
China
Ltd.
(The),
Class
H
.............................
44,287,000
30,301,882
PICC
Property
&
Casualty
Co.
Ltd.,
Class
H
.......
35,034,000
63,284,106
Security
Shares
Value
a
Insurance
(continued)
Ping
An
Insurance
Group
Co
of
China
Ltd.,
Class
H
..
32,912,000
$
267,511,959
590,162,348
a
Interactive
Media
&
Services
 — 11.9%
Baidu,
Inc.,
Class
A
(c)
......................
10,883,700
171,864,533
Kuaishou
Technology,
Class
B
(b)
...............
14,297,800
79,593,406
Tencent
Holdings
Ltd.
......................
7,714,600
468,524,906
719,982,845
a
Life
Sciences
Tools
&
Services
 — 0.6%
WuXi
AppTec
Co.
Ltd.,
Class
H
(b)
..............
2,202,752
38,697,729
a
Machinery
 — 1.0%
CRRC
Corp.
Ltd.,
Class
H
...................
21,283,000
14,167,180
Weichai
Power
Co.
Ltd.,
Class
H
..............
9,923,000
49,326,115
63,493,295
a
Marine
Transportation
 — 0.4%
COSCO
SHIPPING
Holdings
Co.
Ltd.,
Class
H
.....
12,746,600
23,434,541
a
Metals
&
Mining
 — 4.1%
China
Hongqiao
Group
Ltd.
..................
15,948,000
67,508,613
CMOC
Group
Ltd.,
Class
H
..................
18,441,000
42,165,203
Zijin
Mining
Group
Co.
Ltd.,
Class
H
............
30,306,000
140,741,021
250,414,837
a
Oil,
Gas
&
Consumable
Fuels
 — 5.6%
China
Petroleum
&
Chemical
Corp.,
Class
H
......
115,470,600
68,218,855
China
Shenhua
Energy
Co.
Ltd.,
Class
H
.........
17,141,000
106,477,662
PetroChina
Co.
Ltd.,
Class
H
.................
105,614,000
162,911,075
337,607,592
a
Pharmaceuticals
 — 0.1%
Jiangsu
Hengrui
Pharmaceuticals
Co.
Ltd.,
Class
H
(a)
1,011,200
8,431,671
a
Real
Estate
Management
&
Development
 — 1.0%
China
Resources
Land
Ltd.
..................
14,640,833
61,513,915
a
Specialty
Retail
 — 1.1%
Pop
Mart
International
Group
Ltd.
(a)(b)
............
3,378,600
68,767,391
a
Technology
Hardware,
Storage
&
Peripherals
 — 5.4%
Xiaomi
Corp.,
Class
B
(b)(c)
...................
87,457,400
328,157,644
a
Textiles,
Apparel
&
Luxury
Goods
 — 1.1%
ANTA
Sports
Products
Ltd.
..................
6,311,200
66,116,271
a
a
Total
Long-Term
Investments — 99.9%
(Cost:
$5,821,320,441)
...............................
6,062,861,791
a
Short-Term
Securities
Money
Market
Funds
 — 
1.9%
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares,
3.83%
(d)(e)(f)
......................
114,369,306
114,403,617
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares,
3.61%
(d)(e)
............................
3,896,476
3,896,476
a
Total
Short-Term
Securities — 1.9%
(Cost:
$118,288,998)
................................
118,300,093
Total
Investments
—
101.8%
(Cost:
$5,939,609,439)
...............................
6,181,161,884
Liabilities
in
Excess
of
Other
Assets
—
(1.8)%
...............
(111,270,916)
Net
Assets
—
100.0%
.................................
$
6,069,890,968
Schedule
of
Investments
(unaudited)
(continued)
April
30,
2026
iShares
®
China
Large-Cap
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. 
(a)
All
or
a
portion
of
this
security
is
on
loan.
(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)
Non-income
producing
security.
(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.
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
.
$
33,102,674
$
81,300,730
(a)
$
—
$
(10,701
)
$
10,914
$
114,403,617
114,369,306
$
1,228,504
(b)
$
—
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
6,930,000
—
(3,033,524
)
(a)
—
—
3,896,476
3,896,476
122,706
—
$
—
$
(10,701
)
$
10,914
$
118,300,093
$
1,351,210
$
—
(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
FTSE
China
H50
Index
..................................................................
155
05/28/26
$
5,183
$
27,383
iShares
®
China
Large-Cap
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
.........................................
$
23,434,541
$
6,039,427,250
$
—
$
6,062,861,791
Short-Term
Securities
Money
Market
Funds
......................................
118,300,093
—
—
118,300,093
$
141,734,634
$
6,039,427,250
$
—
$
6,181,161,884
Derivative
Financial
Instruments
(a)
Assets
Equity
Contracts
...........................................
$
27,383
$
—
$
—
$
27,383
(a)
Derivative
financial
instruments
are
futures
contracts.
Futures
contracts
are
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.
Fair
Value
Hierarchy
as
of
Period
End
(continued)