PERFORMANCE


The Hypothetical Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.



The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be obtained by clicking the "Returns" tab above.
as of
  1y 3y 5y 10y Incept.
12.42 - - - 18.65
Market Price (%)   12.38 - - - 18.65
After Tax Pre-Liq. (%)   11.95 - - - 18.25
After Tax Post-Liq. (%)   7.37 - - - 14.34
as of
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
10.86 2.04 3.21 8.07 12.42 - - - 32.09
Market Price (%)   10.86 2.04 3.21 8.00 12.38 - - - 32.09
After Tax Pre-Liq. (%)   10.53 2.04 3.10 7.85 11.95 - - - 31.36
After Tax Post-Liq. (%)   6.39 1.16 1.90 4.74 7.37 - - - 24.37
as of
  2009 2010 2011 2012 2013

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Ex-Date Payable Date Record Date Total Distribution   Income ST Cap Gains LT Cap Gains Return on Capital
Sep 24, 2014 Sep 30, 2014 Sep 26, 2014 $0.134171 - - - -
Jun 25, 2014 Jul 1, 2014 Jun 27, 2014 $0.134702 - - - -
Mar 25, 2014 Mar 31, 2014 Mar 27, 2014 $0.111722 - - - -
Dec 23, 2013 Dec 30, 2013 Dec 26, 2013 $0.146562 $0.146562 $0.000000 $0.000000 $0.000000
Sep 24, 2013 Sep 30, 2013 Sep 26, 2013 $0.084996 $0.084996 $0.000000 $0.000000 $0.000000
Jun 27, 2013 Jul 3, 2013 Jul 1, 2013 $0.058138 $0.058138 $0.000000 $0.000000 $0.000000

Past distributions are not indicative of future distributions.



The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be obtained by clicking the "Returns" tab above.
Greatest Premium  

Aug 19, 2014

0.19%
Greatest Discount  

Jul 3, 2014

-0.05%
Days ± 0.5% of NAV 64
Percent ± 0.5% of NAV 100.00%
Select a Quarter   

Number of Days At:

Premium   59
NAV   3
Discount   2

Premium/Discount Range

# of Days

≥ 0.0 up to 0.5

62

≥ -0.5 up to 0.0

2

Chart Description  

Why is there a difference between NAV and Closing Price?  

Possible Timing Discrepancies  

Holdings

as of 17-Dec-2014

Holding Weight (%) Sector Market Value Shares Price Exchange Notional Value
holding-image

WDC

WESTERN DIGITAL CORP

2.50 Information Technology $1,812,696 16,792 107.95 NASDAQ 1,812,696.40
holding-image

ANTM

ANTHEM INC

2.43 Health Care $1,759,898 14,226 123.71 New York Stock Exchange Inc. 1,759,898.46
holding-image

ORLY

O'REILLY AUTOMOTIVE INC

2.37 Consumer Discretionary $1,715,385 8,925 192.20 NASDAQ 1,715,385.00
holding-image

ADM

ARCHER DANIELS MIDLAND

2.33 Consumer Staples $1,689,547 34,036 49.64 New York Stock Exchange Inc. 1,689,547.04
holding-image

INTC

INTEL CORPORATION CORP

2.27 Information Technology $1,644,752 45,385 36.24 NASDAQ 1,644,752.40
holding-image

RGA

REINSURANCE GROUP OF AMERICA INC.

2.27 Financials $1,642,393 19,320 85.01 New York Stock Exchange Inc. 1,642,393.20
holding-image

EBAY

EBAY INC

2.17 Information Technology $1,574,207 27,909 56.41 NASDAQ 1,574,207.15
holding-image

GD

GENERAL DYNAMICS CORP

2.17 Industrials $1,570,597 11,445 137.23 New York Stock Exchange Inc. 1,570,597.35
holding-image

WMT

WALMART STORES INC

2.15 Consumer Staples $1,559,855 18,519 84.23 New York Stock Exchange Inc. 1,559,855.37
holding-image

MSFT

MICROSOFT CORP

2.14 Information Technology $1,550,906 33,907 45.74 NASDAQ 1,550,906.18
Ticker ISIN SEDOL Name Weight (%) Sector Market Value Shares Price Exchange Notional Value
Holdings are subject to change.

Exposure Breakdowns

as of 17-Dec-2014

% of Market Value

Information Technology

16.21%

Health Care

15.79%

Financials

14.98%

Consumer Discretionary

12.40%

Consumer Staples

11.11%

Energy

9.89%

Utilities

9.26%

Industrials

8.21%

Telecommunications

1.73%

Cash and/or Derivatives

0.37%

Materials

0.04%

Allocations are subject to change.

KEY FACTS

Net Assets

as of 18-Dec-2014

$73,955,768
Inception Date Apr 16, 2013
Exchange NYSE Arca
Asset Class Equities
Benchmark Index N/A

Shares Outstanding 2,300,000
Number of Holdings

as of 17-Dec-2014

153
CUSIP 46431W101
Closing Price  

as of 18-Dec-2014

32.00
20 Day Avg. Volume   2,327
Premium/Discount  

as of 18-Dec-2014

-0.05%
Options Available No

FEES as of 31-Jul-2014

Expense Ratio  

0.18%

PORTFOLIO CHARACTERISTICS

P/E Ratio  

as of 18-Dec-2014

16.68
P/B Ratio  

as of 18-Dec-2014

2.14

Equity Beta  

as of 28-Nov-2014

1.02
Standard Deviation (3y)  

as of -

-

12m Trailing Yield  

as of 30-Nov-2014

1.65%
Distribution Yield  

as of 30-Nov-2014

1.74%
30 Day SEC Yield  

as of 30-Nov-2014

1.78%

This information must be preceded or accompanied by a current prospectus. For standardized performance, please click on the "Returns" tab above.

More Products

No recently viewed funds available

Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting the iShares ETF and BlackRock Mutual Fund prospectus pages. Read the prospectus carefully before investing.

Investing involves risk, including possible loss of principal.

The Fund is actively managed and does not seek to replicate the performance of a specified index. The Fund may have a higher portfolio turnover than funds that seek to replicate the performance of an index.

The Funds seek to provide exposure to large-capitalization and/or small-capitalization stocks that emphasize certain quantitative investment characteristics ("factors"), including, but not limited to, cash earnings, earnings variability, leverage, price-to-book ratio and market capitalization. There can be no assurance that exposure to such investment factors will enhance the Fund's performance over time. It is expected that exposure to such investment factors will detract from performance in some market environments, perhaps for extended periods. In such circumstances, the Fund's investment process will seek to maintain exposure to the targeted investment factors and will not adjust to target different factors. Small-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid than larger capitalization companies.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times.

Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Certain sectors and markets perform exceptionally well based on current market conditions and iShares Funds can benefit from that performance. Achieving such exceptional returns involves the risk of volatility and investors should not expect that such results will be repeated.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

The iShares Funds are not sponsored, endorsed, issued, sold or promoted by Cohen & Steers Capital Management, Inc., European Public Real Estate Association ("EPRA®"), FTSE International Limited ("FTSE"), India Index Services & Products Limited, JPMorgan Chase & Co., MSCI Inc., Markit Indices Limited, Morningstar, Inc., The NASDAQ OMX Group, Inc., National Association of Real Estate Investment Trusts (“NAREIT”), New York Stock Exchange, Inc., Russell Investment Group or S&P Dow Jones Indices LLC, nor are they sponsored, endorsed or issued by Barclays Capital Inc. None of these companies make any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with the companies listed above. Index data related to the underlying indexes is provided by the respective companies above.

Neither FTSE nor NAREIT makes any warranty regarding the FTSE NAREIT Real Estate 50 Index, FTSE NAREIT Residential Plus Capped Index, FTSE NAREIT Industrial/Office Capped Index or FTSE NAREIT All Mortgage Capped Index; all rights vest in NAREIT. Neither FTSE nor NAREIT makes any warranty regarding the FTSE EPRA/NAREIT Developed Real Estate ex-US Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Global REIT Index or FTSE EPRA/NAREIT Developed Asia Index; all rights vest in FTSE, NAREIT and EPRA. "FTSE®" is a trademark of London Stock Exchange Group companies and is used by FTSE under license.

©2014 BlackRock, Inc. All rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, BUILD ON BLACKROCK, ALADDIN, iSHARES, iBONDS, iTHINKING, iSHARES CONNECT, LIFEPATH, SO WHAT DO I DO WITH MY MONEY, INVESTING FOR A NEW WORLD, BUILT FOR THESE TIMES, CoRI and the CoRI logo are registered and unregistered trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. All other marks are the property of their respective owners.

iS-11932