iShares TIPS Bond ETF - BlackRock

The iShares TIPS Bond ETF seeks to track the investment results of an index composed of inflation-protected U.S. Treasury bonds. Skiptocontent BlackRock BlackRock iShares iShares Aladdin Aladdin Ourcompany Ourcompany IndividualInvestors UnitedStates SignIn Managecommunications MutualFund&529accounts Advisors Iinvestonbehalfofmyclients. Institutions Iconsultorinvestonbehalfofafinancialinstitution. GeneralPublic IwanttolearnmoreaboutBlackRock. AmericasOffshore Australia Austria Belgium Brazil Canada Chile ChinaOffshore-中国境内 ChinaOnshore-中国境外 Colombia Denmark Dubai(IFC) Finland France Germany HongKong-香港 Hungary Israel Italy Japan-日本 Korea-한국 Luxembourg México Netherlands Norway Poland Portugal SaudiArabia Singapore SouthAfrica Spain Sweden Switzerland Taiwan-台灣 UnitedKingdom UnitedStates Locationnotlisted WelcometotheBlackRocksiteforindividuals ToreachadifferentBlackRocksitedirectly,pleaseupdateyourusertype.  Funds Investmentstrategies Insights&education Aboutus FUNDTYPE Mutualfunds iSharesETFs Closed-endfunds ASSETCLASS Cashfunds Commodityfunds Stockfunds Bondfunds Multi-assetfunds Realestatefunds FUNDSINFOCUS ScienceandTechnologyTrust Resources&CommoditiesStrategyTrust GlobalAllocationFund LifePathIndexRetirementFund TechnologyOpportunitiesFund iSharesCoreS&P500ETF Allfunds Allfunds 529CollegeSavingsPlan 529CollegeSavingsPlan INVESTWITHBLACKROCK Alternativeinvestments Sustainableinvesting Factor-basedinvesting Systematicinvesting Retirementincomesolutions BLACKROCKALTERNATIVES Credit PrivateEquity RealAssets Allinvestmentstrategies Allinvestmentstrategies INSIGHTS Weeklycommentary Globalinvestmentoutlook BlackRockInvestmentInstitute Portfoliomanagementviews EDUCATION Educationcenter Retirementvolatilitystrategies Planningforretirement Whatisa401(K)? Closed-endfunds Mutualfunds WhatisaniSharesETF? DOCUMENTS&FORMS Documentlibrary Factsheets Shareholderreports Regulatorydocuments Shareclassesandloads Taxinformation Forms&Applications TOOLS Tools&calculators LifePathspendingtool LifePathselectortool iSharescorebuilder Collegesavingestimator CoRIretirementcalculator Allinsights Allinsights TheBIDPodcast TheBIDPodcast OURCOMPANY Aboutus Corporatesustainability Investmentstewardship BlackRockretirement Customerservice Customerservice Askbiggerquestions Askbiggerquestions Funds Investmentstrategies Insights&education Aboutus Funds Allfunds 529CollegeSavingsPlan FUNDTYPE Mutualfunds iSharesETFs Closed-endfunds ASSETCLASS Cashfunds Commodityfunds Stockfunds Bondfunds Multi-assetfunds Realestatefunds FUNDSINFOCUS ScienceandTechnologyTrust Resources&CommoditiesStrategyTrust GlobalAllocationFund LifePathIndexRetirementFund TechnologyOpportunitiesFund iSharesCoreS&P500ETF Investmentstrategies Allinvestmentstrategies INVESTWITHBLACKROCK Alternativeinvestments Sustainableinvesting Factor-basedinvesting Systematicinvesting Retirementincomesolutions BLACKROCKALTERNATIVES Credit PrivateEquity RealAssets Insights&education Allinsights TheBIDPodcast INSIGHTS Weeklycommentary Globalinvestmentoutlook BlackRockInvestmentInstitute Portfoliomanagementviews EDUCATION Educationcenter Retirementvolatilitystrategies Planningforretirement Whatisa401(K)? Closed-endfunds Mutualfunds WhatisaniSharesETF? DOCUMENTS&FORMS Documentlibrary Factsheets Shareholderreports Regulatorydocuments Shareclassesandloads Taxinformation Forms&Applications TOOLS Tools&calculators LifePathspendingtool LifePathselectortool iSharescorebuilder Collegesavingestimator CoRIretirementcalculator Aboutus Customerservice Askbiggerquestions OURCOMPANY Aboutus Corporatesustainability Investmentstewardship BlackRockretirement RESET Mattersofmoneytugatbothourintellectandemotions.Hearfromtwoprosonhowtofindbalance. Mattersofmoneytugatbothourintellectandemotions.Hearfromtwoprosonhowtofindbalance. Filterlistbykeyword ShowMore ShowLess to of Total Sorry,nodataavailable. Performance Performance GrowthofHypothetical$10,000 Performancechartdatanotavailablefordisplay. Viewfullchart GrowthofHypothetical$10,000 HistoricalNAVs iSharesTIPSBondETF($) TheHypotheticalGrowthof$10,000chartreflectsahypothetical$10,000investmentandassumesreinvestmentofdividendsandcapitalgains.Fundexpenses,includingmanagementfeesandotherexpenseswerededucted.Theperformancequotedrepresentspastperformanceanddoesnotguaranteefutureresults.Investmentreturnandprincipalvalueofaninvestmentwillfluctuatesothataninvestor’sshares,whensoldorredeemed,maybeworthmoreorlessthantheoriginalcost.Currentperformancemaybelowerorhigherthantheperformancequoted,andnumbersmayreflectsmallvariancesduetorounding.StandardizedperformanceandperformancedatacurrenttothemostrecentmonthendmaybefoundinthePerformancesection. HistoricalNAVs HistoricalPrices Distributions RecordDate Ex-Date PayableDate Viewfulltable DistributionsSchedule RecordDate Ex-Date PayableDate TotalDistribution Income STCapGains LTCapGains ReturnofCapital Premium/Discount Viewfullchart Returns AverageAnnual Cumulative CalendarYear asof Nov30,2021 Sep30,2021 Dec31,2020   1y 3y 5y 10y Incept. TotalReturn(%) 4.82 7.24 4.17 2.97 4.35 MarketPrice(%) 4.88 7.23 4.13 2.97 4.35 Benchmark(%) 5.19 7.45 4.34 3.12 4.50 AfterTaxPre-Liq.(%) 3.19 6.28 3.22 2.21 3.24 AfterTaxPost-Liq.(%) 2.83 5.17 2.79 1.96 2.96 Performancedataisnotcurrentlyavailable asof Nov30,2021 Sep30,2021 Dec31,2020   YTD 1m 3m 6m 1y 3y 5y 10y Incept. TotalReturn(%) 3.22 -0.72 1.71 4.97 4.82 23.32 22.68 34.03 113.56 MarketPrice(%) 3.20 -0.78 1.71 4.97 4.88 23.30 22.43 33.96 113.52 Benchmark(%) 3.51 -0.71 1.75 5.06 5.19 24.05 23.65 36.02 119.28 AfterTaxPre-Liq.(%) 1.91 -1.00 0.91 3.65 3.19 20.05 17.20 24.43 76.48 AfterTaxPost-Liq.(%) 1.89 -0.42 1.01 2.94 2.83 16.32 14.73 21.42 68.21 Performancedataisnotcurrentlyavailable   2016 2017 2018 2019 2020 TotalReturn(%) 4.56 2.92 -1.43 8.28 10.91 MarketPrice(%) 4.66 2.90 -1.40 8.30 10.89 Benchmark(%) 4.68 3.01 -1.26 8.43 10.99 Performancedataisnotcurrentlyavailable Theperformancequotedrepresentspastperformanceanddoesnotguaranteefutureresults.Investmentreturnandprincipalvalueofaninvestmentwillfluctuatesothataninvestor'sshares,whensoldorredeemed,maybeworthmoreorlessthantheoriginalcost.Currentperformancemaybelowerorhigherthantheperformancequoted. KeyFacts KeyFacts NetAssetsofFund asofDec23,2021 $37,794,544,311 FundLaunchDate Dec04,2003 Exchange NYSEArca AssetClass FixedIncome BenchmarkIndex BloombergU.S.TreasuryInflationProtectedSecurities(TIPS)Index(Series BloombergIndexTicker LBUTTRUU SharesOutstanding asofDec23,2021 295,500,000 DistributionFrequency Monthly Premium/Discount asofDec23,2021 0.26% CUSIP 464287176 ClosingPrice asofDec23,2021 128.23 30DayAvg.Volume asofDec23,2021 3,934,024.00 30DayMedianBid/AskSpread asofDec23,2021 0.01% DailyVolume asofDec23,2021 2,785,533.00 NAICDesignated(ScheduleDEligible) PortfolioCharacteristics PortfolioCharacteristics NumberofHoldings asofDec23,2021 48 EquityBeta(3y) asofNov30,2021 0.07 30DaySECYield asofDec22,2021 6.72% StandardDeviation(3y) asofNov30,2021 3.92% 12mTrailingYield asofDec22,2021 4.31% RealYield asofDec23,2021 -1.28% WeightedAvgYTM asofDec23,2021 1.29% WeightedAvgCoupon asofDec23,2021 0.56% WeightedAvgMaturity asofDec23,2021 8.01yrs EffectiveDuration asofDec23,2021 7.56yrs Convexity asofDec23,2021 1.11 Thisinformationmustbeprecededoraccompaniedbyacurrentprospectus.Forstandardizedperformance,pleaseseethePerformancesectionabove. SustainabilityCharacteristics SustainabilityCharacteristics SustainabilityCharacteristicsprovideinvestorswithspecificnon-traditionalmetrics.Alongsideothermetricsandinformation,theseenableinvestorstoevaluatefundsoncertainenvironmental,socialandgovernancecharacteristics.SustainabilityCharacteristicsdonotprovideanindicationofcurrentorfutureperformancenordotheyrepresentthepotentialriskandrewardprofileofafund.Theyareprovidedfortransparencyandforinformationpurposesonly.SustainabilityCharacteristicsshouldnotbeconsideredsolelyorinisolation,butinsteadareonetypeofinformationthatinvestorsmaywishtoconsiderwhenassessingafund.Learnmore. ThemetricsarenotindicativeofhoworwhetherESGfactorswillbeintegratedintoafund.Unlessotherwisestatedinfunddocumentationandincludedwithinafund’sinvestmentobjective,themetricsdonotchangeafund’sinvestmentobjectiveorconstrainthefund’sinvestableuniverse,andthereisnoindicationthatanESGorImpactfocusedinvestmentstrategyorexclusionaryscreenswillbeadoptedbyafund.Formoreinformationregardingafund'sinvestmentstrategy,pleaseseethefund'sprospectus. ReviewtheMSCImethodologiesbehindSustainabilityCharacteristicsusingthelinksbelow. MSCIESGFundRating(AAA-CCC) asofDec07,2021 A MSCIESG%Coverage asofDec07,2021 100.00% MSCIESGQualityScore(0-10) asofDec07,2021 6.1 MSCIESGQualityScore-PeerPercentile asofDec07,2021 67.47% FundLipperGlobalClassification asofDec07,2021 BondUSDInflationLinked FundsinPeerGroup asofDec07,2021 83 MSCIWeightedAverageCarbonIntensity(TonsCO2E/$MSALES) asof- - MSCIWeightedAverageCarbonIntensity%Coverage asofDec07,2021 0.00% AlldataisfromMSCIESGFundRatingsasofDec07,2021,basedonholdingsasofOct31,2021.Assuch,thefund’ssustainablecharacteristicsmaydifferfromMSCIESGFundRatingsfromtimetotime. TobeincludedinMSCIESGFundRatings,65%ofthefund’sgrossweightmustcomefromsecuritieswithESGcoveragebyMSCIESGResearch(certaincashpositionsandotherassettypesdeemednotrelevantforESGanalysisbyMSCIareremovedpriortocalculatingafund’sgrossweight;theabsolutevaluesofshortpositionsareincludedbuttreatedasuncovered),thefund’sholdingsdatemustbelessthanoneyearold,andthefundmusthaveatleasttensecurities.Fornewlylaunchedfunds,SustainabilityCharacteristicsaretypicallyavailable6monthsafterlaunch. Fees Fees asofcurrentprospectus ManagementFee 0.19% AcquiredFundFeesandExpenses 0.00% ForeignTaxesandOtherExpenses 0.00% ExpenseRatio 0.19% Ratings Holdings Holdings TopIssuers All asofDec23,2021 Issuer Weight(%) UNITEDSTATESTREASURY 99.93 asof Dec23,2021 Nov30,2021 Sep30,2021 Dec31,2020 Name Sector AssetClass MarketValue Weight(%) NotionalValue ParValue CUSIP ISIN SEDOL Price Location Exchange Currency Duration YTM(%) FXRate Maturity Coupon(%) Mod.Duration YieldtoCall(%) YieldtoWorst(%) RealDuration RealYTM(%) MarketCurrency AccrualDate EffectiveDate DetailedHoldingsandAnalytics Holdings(SupplementalInformation) CashFlows Holdingsaresubjecttochange. Thevaluesshownfor“marketvalue,”“weight,”and“notionalvalue”(the“calculatedvalues”)arebasedoffofapriceprovidedbyathird-partypricingvendorfortheportfolioholdinganddonotreflecttheimpactofsystematicfairvaluation(“thevendorprice”).ThevendorpriceisnotnecessarilythepriceatwhichtheFundvaluestheportfolioholdingforthepurposesofdeterminingitsnetassetvalue(the“valuationprice”).Additionally,whereapplicable,foreigncurrencyexchangerateswithrespecttotheportfolioholdingsdenominatedinnon-U.S.currenciesforthevaluationpricewillbegenerallydeterminedasofthecloseofbusinessontheNewYorkStockExchange,whereasforthevendorpricewillbegenerallydeterminedasof4p.m.London.Thecalculatedvaluesmayhavebeendifferentifthevaluationpriceweretohavebeenusedtocalculatesuchvalues.Thevendorpriceisasofthemostrecentdateforwhichapriceisavailableandmaynotnecessarilybeasofthedateshownabove.Pleaseseethe“DeterminationofNetAssetValue”sectionofeachFund’sprospectusforadditionalinformationontheFund’svaluationpoliciesandprocedures. ExposureBreakdowns ExposureBreakdowns Sector Maturity CreditQuality asofDec23,2021 %ofMarketValue Type Fund ShowMore ShowLess asofDec23,2021 %ofMarketValue Type Fund ShowMore ShowLess ThematuritybreakdownaboveisbasedonWeightedAverageLife(WAL).WAListheaveragelengthoftimetotherepaymentofprincipalforthesecuritiesinthefund.Thismetricconsidersthelikelihoodthatbondswillbecalledorprepaidbeforethescheduledmaturitydate.  asofDec23,2021 %ofMarketValue Type Fund ShowMore ShowLess CreditqualityratingsonunderlyingsecuritiesofthefundarereceivedfromS&P,Moody’sandFitchandconvertedtotheequivalentS&Pmajorratingcategory.ThisbreakdownisprovidedbyBlackRockandtakesthemedianratingofthethreeagencieswhenallthreeagenciesrateasecurity,thelowerofthetworatingsifonlytwoagenciesrateasecurity,andoneratingifthatisallthatisprovided.Unratedsecuritiesdonotnecessarilyindicatelowquality.Belowinvestment-gradeisrepresentedbyaratingofBBandbelow.Ratingsandportfoliocreditqualitymaychangeovertime. Allocationsaresubjecttochange. Literature Literature   HowtoBuyiSharesETFs HowtoBuyiSharesETFs TherearemanywaystoaccessiSharesETFs.Learnhowyoucanaddthemtoyourportfolio. LearnMore LearnMore Discusswithyourfinancialplannertoday Sharethisfundwithyourfinancialplannertofindouthowitcanfitinyourportfolio. Emailyouradvisor Buythroughyourbrokerage iSharesfundsareavailablethroughonlinebrokeragefirms.AlliSharesETFstradecommissionfreeonlinethroughFidelity. VisitFidelity CarefullyconsidertheFunds'investmentobjectives,riskfactors,andchargesandexpensesbeforeinvesting.ThisandotherinformationcanbefoundintheFunds'prospectusesor,ifavailable,thesummaryprospectuses,whichmaybeobtainedbyvisitingtheiSharesETFandBlackRockFundprospectuspages.Readtheprospectuscarefullybeforeinvesting.Investinginvolvesrisk,includingpossiblelossofprincipal. BeforeengagingFidelityoranybroker-dealer,youshouldevaluatetheoverallfeesandchargesofthefirmaswellastheservicesprovided.FreecommissionofferappliestoonlinepurchasesofselectiSharesETFsinaFidelityaccount.ThesaleofETFsissubjecttoanactivityassessmentfee(from$0.01to$0.03per$1,000ofprincipal).ForiSharesETFs,FidelityreceivescompensationfromtheETFsponsorand/oritsaffiliatesinconnectionwithanexclusivelong-termmarketingprogramthatincludespromotionofiSharesETFsandinclusionofiSharesfundsincertainFidelityBrokerageServicesplatformsandinvestmentprograms.Pleasenote,thissecuritywillnotbemarginablefor30daysfromthesettlementdate,atwhichtimeitwillautomaticallybecomeeligibleformargincollateral.Additionalinformationaboutthesources,amounts,andtermsofcompensationcanbefoundintheETF’sprospectusandrelateddocuments.FidelitymayaddorwaivecommissionsonETFswithoutpriornotice. TheFundsaredistributedbyBlackRockInvestments,LLC(togetherwithitsaffiliates,“BlackRock”). ©2019BlackRock,Inc.Allrightsreserved.BLACKROCK,BLACKROCKSOLUTIONS,BUILDONBLACKROCK,ALADDIN,iSHARES,iBONDS,iTHINKING,iSHARESCONNECT,FUNDFRENZY,LIFEPATH,SOWHATDOIDOWITHMYMONEY,INVESTINGFORANEWWORLD,BUILTFORTHESETIMES,theiSharesCoreGraphic,CoRIandtheCoRIlogoareregisteredandunregisteredtrademarksofBlackRock,Inc.,oritssubsidiariesintheUnitedStatesandelsewhere.Allothermarksarethepropertyoftheirrespectiveowners. ICRMH0719U-885409 Download Exploremore Funds FUNDTYPE Mutualfunds iSharesETFs Closed-endfunds ASSETCLASS Cashfunds Commodityfunds Stockfunds Bondfunds Multi-assetfunds Realestatefunds FUNDSINFOCUS ScienceandTechnologyTrust Resources&CommoditiesStrategyTrust GlobalAllocationFund LifePathIndexRetirementFund TechnologyOpportunitiesFund iSharesCoreS&P500ETF Allfunds Allfunds 529CollegeSavingsPlan 529CollegeSavingsPlan Investmentstrategies INVESTWITHBLACKROCK Alternativeinvestments Sustainableinvesting Factor-basedinvesting Systematicinvesting Retirementincomesolutions BLACKROCKALTERNATIVES Credit PrivateEquity RealAssets Allinvestmentstrategies Allinvestmentstrategies Insights&education INSIGHTS Weeklycommentary Globalinvestmentoutlook BlackRockInvestmentInstitute Portfoliomanagementviews EDUCATION Educationcenter Retirementvolatilitystrategies Planningforretirement Whatisa401(K)? Closed-endfunds Mutualfunds WhatisaniSharesETF? DOCUMENTS&FORMS Documentlibrary Factsheets Shareholderreports Regulatorydocuments Shareclassesandloads Taxinformation Forms&Applications TOOLS Tools&calculators LifePathspendingtool LifePathselectortool iSharescorebuilder Collegesavingestimator CoRIretirementcalculator Allinsights Allinsights TheBIDPodcast TheBIDPodcast Aboutus OURCOMPANY Aboutus Corporatesustainability Investmentstewardship BlackRockretirement Customerservice Customerservice Askbiggerquestions Askbiggerquestions Keepexploring Asaglobalinvestmentmanagerandfiduciarytoourclients,ourpurposeatBlackRockistohelpeveryoneexperiencefinancialwell-being.Since1999,we'vebeenaleadingprovideroffinancialtechnology,andourclientsturntousforthesolutionstheyneedwhenplanningfortheirmostimportantgoals. 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ImportantInformation ReviewtheMSCImethodologybehindtheSustainabilityCharacteristicsandBusinessInvolvementmetrics:1ESGRatings;2IndexCarbonFootprintMetrics;3BusinessInvolvementScreeningResearch;4ESGScreenedIndexMethodology;5ESGControversies;6MSCIImpliedTemperatureRise ForfundswithaninvestmentobjectivethatincludetheintegrationofESGcriteria,theremaybecorporateactionsorothersituationsthatmaycausethefundorindextopassivelyholdsecuritiesthatmaynotcomplywithESGcriteria.Pleaserefertothefund’sprospectusformoreinformation.Thescreeningappliedbythefund'sindexprovidermayincluderevenuethresholdssetbytheindexprovider.Theinformationdisplayedonthiswebsitemaynotincludeallofthescreensthatapplytotherelevantindexortherelevantfund.Thesescreensaredescribedinmoredetailinthefund’sprospectus,otherfunddocuments,andtherelevantindexmethodologydocument. Certaininformationcontainedherein(the“Information”)hasbeenprovidedbyMSCIESGResearchLLC,aRIAundertheInvestmentAdvisersActof1940,andmayincludedatafromitsaffiliates(includingMSCIInc.anditssubsidiaries(“MSCI”)),orthirdpartysuppliers(eachan“InformationProvider”),anditmaynotbereproducedorredisseminatedinwholeorinpartwithoutpriorwrittenpermission.TheInformationhasnotbeensubmittedto,norreceivedapprovalfrom,theUSSECoranyotherregulatorybody.TheInformationmaynotbeusedtocreateanyderivativeworks,orinconnectionwith,nordoesitconstitute,anoffertobuyorsell,orapromotionorrecommendationof,anysecurity,financialinstrumentorproductortradingstrategy,norshoulditbetakenasanindicationorguaranteeofanyfutureperformance,analysis,forecastorprediction.SomefundsmaybebasedonorlinkedtoMSCIindexes,andMSCImaybecompensatedbasedonthefund’sassetsundermanagementorothermeasures.MSCIhasestablishedaninformationbarrierbetweenequityindexresearchandcertainInformation.NoneoftheInformationinandofitselfcanbeusedtodeterminewhichsecuritiestobuyorsellorwhentobuyorsellthem.TheInformationisprovided“asis”andtheuseroftheInformationassumestheentireriskofanyuseitmaymakeorpermittobemadeoftheInformation.NeitherMSCIESGResearchnoranyInformationPartymakesanyrepresentationsorexpressorimpliedwarranties(whichareexpresslydisclaimed),norshalltheyincurliabilityforanyerrorsoromissionsintheInformation,orforanydamagesrelatedthereto.Theforegoingshallnotexcludeorlimitanyliabilitythatmaynotbyapplicablelawbeexcludedorlimited. CarefullyconsidertheFunds'investmentobjectives,riskfactors,andchargesandexpensesbeforeinvesting.ThisandotherinformationcanbefoundintheFunds'prospectusesor,ifavailable,thesummaryprospectuses,whichmaybeobtainedbyvisitingtheiSharesFundandBlackRockFundprospectuspages.Readtheprospectuscarefullybeforeinvesting. Investinginvolvesrisk,includingpossiblelossofprincipal. IftheFundinvestsinanyunderlyingfund,certainportfolioinformation,includingsustainabilitycharacteristicsandbusiness-involvementmetrics,providedfortheFundmayincludeinformation(onalook-throughbasis)ofsuchunderlyingfund,totheextentavailable. Fixedincomerisksincludeinterest-rateandcreditrisk.Typically,wheninterestratesrise,thereisacorrespondingdeclineinbondvalues.Creditriskreferstothepossibilitythatthebondissuerwillnotbeabletomakeprincipalandinterestpayments. TIPScanprovideinvestorsahedgeagainstinflation,astheinflationadjustmentfeaturehelpspreservethepurchasingpoweroftheinvestment.Becauseofthisinflationadjustmentfeature,inflationprotectedbondstypicallyhaveloweryieldsthanconventionalfixedratebondsandwilllikelydeclineinpriceduringperiodsofdeflation,whichcouldresultinlosses.Governmentbackingappliesonlytogovernmentissuedsecurities,anddoesnotapplytothefunds. AninvestmentintheFundisnotinsuredorguaranteedbytheFederalDepositInsuranceCorporationoranyothergovernmentagencyanditsreturnandyieldwillfluctuatewithmarketconditions. SharesofETFsareboughtandsoldatmarketprice(notNAV)andarenotindividuallyredeemedfromthefund.Anyapplicablebrokeragecommissionswillreducereturns.BeginningAugust10,2020,marketpricereturnsforBlackRockandiSharesETFsarecalculatedusingtheclosingpriceandaccountfordistributionsfromthefund.PriortoAugust10,2020,marketpricereturnsforBlackRockandiSharesETFswerecalculatedusingthemidpointpriceandaccountedfordistributionsfromthefund.Themidpointistheaverageofthebid/askpricesat4:00PMET(whenNAVisnormallydeterminedformostETFs).Thereturnsshowndonotrepresentthereturnsyouwouldreceiveifyoutradedsharesatothertimes. Indexreturnsareforillustrativepurposesonly.Indexperformancereturnsdonotreflectanymanagementfees,transactioncostsorexpenses.Indexesareunmanagedandonecannotinvestdirectlyinanindex.Pastperformancedoesnotguaranteefutureresults. After-taxreturnsarecalculatedusingthehistoricalhighestindividualfederalmarginalincometaxratesanddonotreflecttheimpactofstateandlocaltaxes.Actualafter-taxreturnsdependontheinvestor'staxsituationandmaydifferfromthoseshown.Theafter-taxreturnsshownarenotrelevanttoinvestorswhoholdtheirfundsharesthroughtax-deferredarrangementssuchas401(k)plansorindividualretirementaccounts. CertainsectorsandmarketsperformexceptionallywellbasedoncurrentmarketconditionsandiSharesandBlackRockFundscanbenefitfromthatperformance.Achievingsuchexceptionalreturnsinvolvestheriskofvolatilityandinvestorsshouldnotexpectthatsuchresultswillberepeated. DistributionYieldand12mTrailingYieldresultsmayhaveperiodoverperiodvolatilityduetofactorsincludingtaxconsiderationssuchastreatmentofpassiveforeigninvestmentcompanies(PFICs),treatmentofdefaultedbondsorexcisetaxrequirements;exceptionalcorporateactions;seasonalityofdividendsfromunderlyingholdings;significantfluctuationsinfundsharesoutstanding;orfundcapitalgaindistributions. TheFundsaredistributedbyBlackRockInvestments,LLC(togetherwithitsaffiliates,“BlackRock”). AlthoughBlackRockshallobtaindatafromsourcesthatBlackRockconsidersreliable,alldatacontainedhereinisprovided“asis”andBlackRockmakesnorepresentationorwarrantyofanykind,eitherexpressorimplied,withrespecttosuchdata,thetimelinessthereof,theresultstobeobtainedbytheusethereoforanyothermatter.BlackRockexpresslydisclaimsanyandallimpliedwarranties,includingwithoutlimitation,warrantiesoforiginality,accuracy,completeness,timeliness,non-infringement,merchantabilityandfitnessforaparticularpurpose. TheiSharesFundsarenotsponsored,endorsed,issued,soldorpromotedbyBloomberg,BlackRockIndexServices,LLC,Cohen&Steers,EuropeanPublicRealEstateAssociation(“EPRA®”),FTSEInternationalLimited(“FTSE”),ICEDataIndices,LLC,NSEIndicesLtd,JPMorgan,JPXGroup,LondonStockExchangeGroup(“LSEG”),MSCIInc.,MarkitIndicesLimited,Morningstar,Inc.,Nasdaq,Inc.,NationalAssociationofRealEstateInvestmentTrusts(“NAREIT”),Nikkei,Inc.,RussellorS&PDowJonesIndicesLLC.NoneofthesecompaniesmakeanyrepresentationregardingtheadvisabilityofinvestingintheFunds.WiththeexceptionofBlackRockIndexServices,LLC,whoisanaffiliate,BlackRockInvestments,LLCisnotaffiliatedwiththecompanieslistedabove.NeitherFTSE,LSEG,norNAREITmakesanywarrantyregardingtheFTSENareitEquityREITSIndex,FTSENareitAllResidentialCappedIndexorFTSENareitAllMortgageCappedIndex.NeitherFTSE,EPRA,LSEG,norNAREITmakesanywarrantyregardingtheFTSEEPRANareitDevelopedex-U.S.IndexorFTSEEPRANareitGlobalREITsIndex.“FTSE®”isatrademarkofLondonStockExchangeGroupcompaniesandisusedbyFTSEunderlicense. ©2021BlackRock,Inc.BLACKROCK,BLACKROCKSOLUTIONS,BUILDONBLACKROCK,ALADDIN,iSHARES,iBONDS,FACTORSELECT,iTHINKING,iSHARESCONNECT,FUNDFRENZY,LIFEPATH,SOWHATDOIDOWITHMYMONEY,INVESTINGFORANEWWORLD,BUILTFORTHESETIMES,theiSharesCoreGraphic,CoRIandtheCoRIlogoaretrademarksofBlackRock,Inc.,oritssubsidiariesintheUnitedStatesandelsewhere.Allothermarksarethepropertyoftheirrespectiveowners. iCRMH1121U/S-1866950