ETF constituents for PICK

Below, a list of constituents for PICK (iShares MSCI Global Metals & Mining Producers ETF) is shown. In total, PICK consists of 280 securities.

Note: The data shown here is as of date Dec 31, 2025 (the latest that can be sourced directly from the fund provider).

Click here to go back to the full list of ETFs.

Ticker Name Sector Asset Class Market Value Weight (%)
BHP BHP GROUP LTD Materials Equity 212379230.68 11.55
RIO RIO TINTO PLC Materials Equity 124484715.04 6.77
FCX FREEPORT MCMORAN INC Materials Equity 101559635.1 5.53
GLEN GLENCORE PLC Materials Equity 77186519.5 4.2
VALE3 CIA VALE DO RIO DOCE SH Materials Equity 71098201.21 3.87
AAL ANGLO AMERICAN PLC Materials Equity 62581785.56 3.4
NUE NUCOR CORP Materials Equity 51122634.0 2.78
RIO RIO TINTO LTD Materials Equity 48428389.12 2.63
GMEXICOB GRUPO MEXICO B Materials Equity 42954933.08 2.34
MT ARCELORMITTAL SA Materials Equity 32417875.08 1.76
STLD STEEL DYNAMICS INC Materials Equity 32240709.66 1.75
1211 SAUDI ARABIAN MINING Materials Equity 31498416.03 1.71
FMG FORTESCUE LTD Materials Equity 30135791.39 1.64
TECK.B TECK RESOURCES SUBORDINATE VOTING Materials Equity 29161352.5 1.59
VAL VALTERRA PLATINUM LTD Materials Equity 27569784.09 1.5
5401 NIPPON STEEL CORP Materials Equity 24530306.17 1.33
BOL BOLIDEN Materials Equity 23114284.08 1.26
ANTO ANTOFAGASTA PLC Materials Equity 22551830.69 1.23
FM FIRST QUANTUM MINERALS LTD Materials Equity 22051904.5 1.2
005490 POSCO Materials Equity 21709855.64 1.18
RS RELIANCE STEEL & ALUMINUM Materials Equity 21434316.48 1.17
SCCO SOUTHERN COPPER CORP Materials Equity 20393853.32 1.11
TATASTEEL TATA STEEL LTD Materials Equity 19484261.8 1.06
LUN LUNDIN MINING CORP Materials Equity 19395089.11 1.06
IMP IMPALA PLATINUM LTD Materials Equity 18768205.52 1.02
AA ALCOA CORP Materials Equity 17461900.84 0.95
S32 SOUTH32 LTD Materials Equity 17212445.79 0.94
HINDALCO HINDALCO INDUSTRIES LTD Materials Equity 16700644.75 0.91
5713 SUMITOMO METAL MINING LTD Materials Equity 16549864.5 0.9
1378 CHINA HONGQIAO GROUP LTD Materials Equity 15247038.05 0.83
NHY NORSK HYDRO Materials Equity 14685450.6 0.8
KGH KGHM POLSKA MIEDZ SA Materials Equity 14525606.11 0.79
SSW SIBANYE STILLWATER LTD Materials Equity 13542852.64 0.74
3993 CMOC GROUP LTD Materials Equity 12338349.91 0.67
VEDL VEDANTA LTD Materials Equity 11872811.06 0.65
IVN IVANHOE MINES LTD CLASS A Materials Equity 11162563.5 0.61
HBM HUDBAY MINERALS INC Materials Equity 11111089.8 0.6
PLS PLS GROUP LTD Materials Equity 11108426.58 0.6
LYC LYNAS RARE EARTHS LTD Materials Equity 11102176.64 0.6
5016 JX ADVANCED METALS CORP Materials Equity 10787929.22 0.59
CMC COMMERCIAL METALS Materials Equity 10770549.76 0.59
CS CAPSTONE COPPER CORP Materials Equity 10708384.45 0.58
BSL BLUESCOPE STEEL LTD Materials Equity 10612993.11 0.58
JSWSTEEL JSW STEEL LTD Materials Equity 10035619.82 0.55
MP MP MATERIALS CORP CLASS A Materials Equity 9581436.15 0.52
5411 JFE HOLDINGS INC Materials Equity 9465417.5 0.51
NPH NORTHAM PLATINUM HLDGS LTD Materials Equity 9450641.84 0.51
CLF CLEVELAND CLIFFS INC Materials Equity 9432708.7 0.51
2002 CHINA STEEL CORP Materials Equity 9257873.65 0.5
5706 MITSUI KINZOKU LIMITED LTD Materials Equity 9223216.96 0.5
PMETAL PRESS METAL ALUMINIUM HOLDINGS Materials Equity 8432053.71 0.46
MIN MINERAL RESOURCES LTD Materials Equity 8057781.47 0.44
TKA THYSSENKRUPP AG Materials Equity 7854066.53 0.43
AMMN AMMAN MINERAL INTERNASIONAL Materials Equity 7570723.6 0.41
SFR SANDFIRE RESOURCES LTD Materials Equity 7211780.22 0.39
2600 ALUMINUM CORPORATION OF CHINA LTD Materials Equity 7207975.33 0.39
NDA AURUBIS AG Materials Equity 7172731.52 0.39
BVN BUENAVENTURA ADR REPRESENTING Materials Equity 6952015.0 0.38
358 JIANGXI COPPER LTD H Materials Equity 6812418.58 0.37
5406 KOBE STEEL LTD Materials Equity 6571608.48 0.36
GGBR4 GERDAU PREF SA Materials Equity 6468659.18 0.35
1208 MMG LTD Materials Equity 6426833.03 0.35
VOE VOESTALPINE AG Materials Equity 6355001.83 0.35
SSAB B SSAB CLASS B Materials Equity 6157389.2 0.33
JINDALSTEL JINDAL STEEL LTD Materials Equity 5556870.33 0.3
HCC WARRIOR MET COAL INC Materials Equity 5422208.4 0.29
APLAPOLLO APL APOLLO TUBES LTD Materials Equity 5209433.54 0.28
IGO IGO LTD Materials Equity 4784684.86 0.26
XTSLA BLK CSH FND TREASURY SL AGENCY Cash and/or Derivatives Money Market 4282789.76 0.23
5711 MITSUBISHI MATERIALS CORP Materials Equity 4201925.71 0.23
NATIONALUM NATIONAL ALUMINIUM CO LTD Materials Equity 3976737.48 0.22
BRMS BUMI RESOURCES MINERALS Materials Equity 3948753.65 0.21
603993 CHINA MOLYBDENUM LTD A Materials Equity 3941560.61 0.21
5714 DOWA HOLDINGS LTD Materials Equity 3712408.1 0.2
ERO ERO COPPER CORP Materials Equity 3695486.1 0.2
MTRN MATERION CORP Materials Equity 3597626.1 0.2
5444 YAMATO KOGYO LTD Materials Equity 3554385.46 0.19
CSTM CONSTELLIUM SE CLASS A Materials Equity 3503830.95 0.19
NMDC NMDC LTD Materials Equity 3439782.13 0.19
JSL JINDAL STAINLESS LTD Materials Equity 3383517.52 0.18
KTY GRUPA KETY SA Materials Equity 3339682.31 0.18
ACX ACERINOX SA Materials Equity 3334057.18 0.18
TKO TASEKO MINES LTD Materials Equity 3271476.53 0.18
NGEX NGEX MINERALS LTD Materials Equity 3209812.14 0.17
CENX CENTURY ALUMINUM Materials Equity 3178348.44 0.17
1258 CHINA NONFERROUS MINING CORPORATIO Materials Equity 3141315.06 0.17
5741 UACJ CORP Materials Equity 2879473.17 0.16
HILS HILL AND SMITH PLC Materials Equity 2872195.5 0.16
SGM SIMS LTD Materials Equity 2756441.87 0.15
EREGL.E EREGLI DEMIR VE CELIK FABRIKALARI Materials Equity 2740078.03 0.15
2027 TA CHEN STAINLESS PIPE LTD Materials Equity 2691656.97 0.15
AMR ALPHA METALLURGICAL RESOURCE INC Materials Equity 2685425.6 0.15
LTR LIONTOWN LTD Materials Equity 2684867.72 0.15
OUT1V OUTOKUMPU Materials Equity 2547639.18 0.14
KALU KAISER ALUMINIUM CORP Materials Equity 2502159.99 0.14
AII ALMONTY INDUSTRIES INC Materials Equity 2402492.43 0.13
3939 WANGUO GOLD GROUP LTD Materials Equity 2396245.25 0.13
HINDCOPPER HINDUSTAN COPPER LTD Materials Equity 2347669.87 0.13
APAM APERAM SA Materials Equity 2301886.94 0.13
GRNG GRANGES Materials Equity 2194513.63 0.12
004020 HYUNDAI STEEL Materials Equity 2155167.18 0.12
SSAB A SSAB A Materials Equity 2143680.7 0.12
MDKA MERDEKA COPPER GOLD Materials Equity 2115106.55 0.12
5463 MARUICHI STEEL TUBE LTD Materials Equity 2092644.67 0.11
ALLEI ALLEIMA Materials Equity 2069098.97 0.11
BEKB BEKAERT (D) SA Materials Equity 2022466.23 0.11
5471 DAIDO STEEL LTD Materials Equity 1971749.4 0.11
PRN PERENTI LTD Materials Equity 1878641.9 0.1
USAR USA RARE EARTH INC CLASS A Materials Equity 1874414.6 0.1
IE IVANHOE ELECTRIC INC Materials Equity 1828268.82 0.1
ILU ILUKA RESOURCES LTD Materials Equity 1824035.3 0.1
GOAU4 METALURGICA GERDAU PREF SA Materials Equity 1812818.37 0.1
ARI AFRICAN RAINBOW MINERAL LTD Materials Equity 1796862.52 0.1
WS WORTHINGTON STEEL INC Materials Equity 1776004.16 0.1
600111 CHINA NORTHERN RARE EARTH (GROUP) Materials Equity 1774404.46 0.1
VZLA VIZSLA SILVER CORP Materials Equity 1765817.43 0.1
USA AMERICAS GOLD AND SILVER Materials Equity 1729532.85 0.09
CIA CHAMPION IRON LTD Materials Equity 1714822.82 0.09
BRL BRL CASH Cash and/or Derivatives Cash 1706242.11 0.09
SZG SALZGITTER AG Materials Equity 1688190.76 0.09
601600 ALUMINUM CORPORATION OF CHINA LTD Materials Equity 1675344.17 0.09
QAMC QATAR ALUMINIUM MANUFACTURING Materials Equity 1648721.12 0.09
LIF LABRADOR IRON ORE ROYALTY CORP Materials Equity 1644604.06 0.09
NIC NICKEL INDUSTRIES LTD Materials Equity 1642465.93 0.09
IPX IPERIONX LTD Materials Equity 1597682.6 0.09
AMG AMG CRITICAL MATERIALS NV Materials Equity 1578628.25 0.09
600019 BAOSHAN IRON & STEEL LTD A Materials Equity 1575531.53 0.09
103140 POONGSANORATION CORP Materials Equity 1519766.29 0.08
DRR DETERRA ROYALTIES LTD Materials Equity 1513352.13 0.08
IMD IMDEX LTD Materials Equity 1511358.88 0.08
ATYM ATALAYA MINING COPPER SA Materials Equity 1468261.81 0.08
ALS ALTIUS MINERALS CORP Materials Equity 1467092.48 0.08
FOM FORAN MINING CORP Materials Equity 1410427.91 0.08
BRAP4 BRADESPAR PREF SA Materials Equity 1395320.38 0.08
TMC TMC THE METALS COMPANY INC Materials Equity 1378492.65 0.08
CSNA3 COMPANHIA SIDERURGICA NACIONAL SA Materials Equity 1349422.33 0.07
1515 NITTETSU MINING LTD Materials Equity 1320392.16 0.07
PTRO PETROSEA Materials Equity 1301571.6 0.07
2006 TUNG HO STEEL ENTERPRISE CORP Materials Equity 1222116.61 0.07
5703 NIPPON LIGHT METAL HOLDINGS LTD Materials Equity 1191273.84 0.06
600362 JIANGXI COPPER LTD A Materials Equity 1178388.41 0.06
LAC LITHIUM AMERICAS CORP Materials Equity 1176813.53 0.06
VUL VULCAN ENERGY RESOURCES LTD Materials Equity 1170189.64 0.06
1322 AL MASANE AL KOBRA MINING Materials Equity 1169568.81 0.06
PTCIL PTC INDUSTRIES LTD Materials Equity 1165610.56 0.06
5451 YODOKO LTD Materials Equity 1146516.18 0.06
DVP DEVELOP GLOBAL LTD Materials Equity 1117858.45 0.06
600010 INNER MONGOLIA BAOTOU STEEL UNION Materials Equity 1100399.23 0.06
000807 YUNNAN ALUMINIUM LTD A Materials Equity 1098190.11 0.06
UAMY UNITED STATES ANTIMONY CORP Materials Equity 1054136.52 0.06
2015 FENG HSIN IRON & STEEL LTD Materials Equity 1049271.19 0.06
639 SHOUGANG FUSHAN RESOURCES GROUP LT Materials Equity 1036979.31 0.06
CNL COLLECTIVE MINING LTD Materials Equity 1035157.83 0.06
MDI MAJOR DRILLING GROUP INTERNATIONAL Materials Equity 1025041.69 0.06
001430 SEAH BESTEEL HDS CORP Materials Equity 1016805.24 0.06
WELCORP WELSPUN CORP LTD Materials Equity 1016279.92 0.06
SLS SOLARIS RESOURCES INC Materials Equity 1016080.41 0.06
000630 TONGLING NONFERROUS METALS GROUP L Materials Equity 1011379.61 0.06
3858 JIAXIN INTERNATIONAL RESOURCES INV Materials Equity 1008146.81 0.05
RYI RYERSON HOLDING CORP Materials Equity 1001513.7 0.05
INCO VALE INDONESIA Materials Equity 959711.23 0.05
MTUS METALLUS INC Materials Equity 959278.08 0.05
VIO VIOHALCO SA Materials Equity 927866.21 0.05
CMP COMPASS MINERALS INTERNATIONAL INC Materials Equity 927572.25 0.05
SMR STANMORE RESOURCES LTD Materials Equity 912019.28 0.05
000426 INNER MONGOLIA XINGYE SILVER&TIN M Materials Equity 904295.2 0.05
600673 GUANGDONG HEC TECHNOLOGY HOLDING L Materials Equity 903695.75 0.05
SGML SIGMA LITHIUM CORP Materials Equity 893249.7 0.05
000975 SHANJIN INTERNATIONAL GOLD LTD A Materials Equity 876251.69 0.05
600549 XIAMEN TUNGSTEN LTD A Materials Equity 871565.13 0.05
USHAMART USHA MARTIN LTD Materials Equity 836497.92 0.05
SXC SUNCOKE ENERGY INC Materials Equity 828353.16 0.05
9958 CENTURY IRON AND STEEL INDUSTRIAL Materials Equity 815345.03 0.04
GPIL GODAWARI POWER AND ISPAT LTD Materials Equity 811401.59 0.04
002532 TIANSHAN ALUMINUM GROUP LTD A Materials Equity 811228.99 0.04
METC RAMACO RESOURCES INC CLASS A Materials Equity 794398.7 0.04
ERA ERAMET SA Materials Equity 792789.96 0.04
600219 SHANDONG NANSHAN ALUMINIUM LTD A Materials Equity 787402.31 0.04
5482 AICHI STEEL CORP Materials Equity 777331.42 0.04
601168 WESTERN MINING LTD A Materials Equity 770012.18 0.04
NB NIOCORP DEVELOPMENTS LTD Materials Equity 769521.62 0.04
1321 EAST PIPES INTEGRATED COMPANY FOR Materials Equity 760329.43 0.04
RATNAMANI RATNAMANI METALS AND TUBES LTD Materials Equity 746513.04 0.04
000933 HENAN SHENHUO COAL & POWER LTD A Materials Equity 730480.87 0.04
2211 EVERGREEN STEEL CORP Materials Equity 728597.13 0.04
GRAVITA GRAVITA INDIA LTD Materials Equity 726623.04 0.04
CAP CAP SA Materials Equity 718117.43 0.04
USIM5 USINAS SIDERURGICAS DE MINAS GERAI Materials Equity 717957.43 0.04
WA1 WA1 RESOURCES LTD Materials Equity 690787.72 0.04
826 TIANGONG INTERNATIONAL LTD Materials Equity 675855.18 0.04
601958 JINDUICHENG MOLYBDENUM LTD A Materials Equity 649981.04 0.04
TRMET.E TR ANADOLU METAL MADENCILIK ISLETM Materials Equity 641801.19 0.03
5423 TOKYO STEEL MANUFACTURING LTD Materials Equity 637926.35 0.03
KRDMD.E KARDEMIR KARABUK DEMIR CELIK SANAY Materials Equity 621278.8 0.03
SARDAEN SARDA ENERGY AND MINERALS LTD Materials Equity 603750.42 0.03
532527 RAMKRISHNA FORGINGS LTD Materials Equity 599870.69 0.03
2014 CHUNG HUNG STEEL CORP Materials Equity 593645.43 0.03
INR INR CASH Cash and/or Derivatives Cash 582009.29 0.03
TMQ TRILOGY METALS INC Materials Equity 579643.24 0.03
323 MAANSHAN IRON AND STEEL LTD H Materials Equity 579027.66 0.03
JINDALSAW JINDAL SAW LTD Materials Equity 550139.33 0.03
000831 CHINA RARE EARTH RESOURCES AND TEC Materials Equity 519928.64 0.03
5009 GLORIA MATERIAL TECHNOLOGY CORP Materials Equity 512282.97 0.03
000708 CITIC PACIFIC SPECIAL STEEL GROUP Materials Equity 509974.26 0.03
688122 WESTERN SUPERCONDUCTING TECHNOLOGI Materials Equity 508137.28 0.03
ABAT AMERICAN BATTERY TECHNOLOGY COMPAN Materials Equity 498139.48 0.03
2023 YIEH PHUI ENTERPRISE LTD Materials Equity 498029.61 0.03
BRSAN.E BORUSAN MANNESMANN BORU SANAYI VE Materials Equity 473441.81 0.03
000932 HUNAN VALIN STEEL LTD A Materials Equity 428798.29 0.02
JSW JASTRZEBSKA SPOLKA WEGLOWA SA Materials Equity 425047.46 0.02
VSL VULCAN STEEL LTD Materials Equity 415762.61 0.02
NSLNISP NMDC STEEL LTD Materials Equity 415347.79 0.02
AUD AUD CASH Cash and/or Derivatives Cash 415027.72 0.02
600985 HUAIBEI MINING HOLDINGS LTD A Materials Equity 380317.02 0.02
2240 ADVANCED BUILDING INDUSTRIES Materials Equity 378180.34 0.02
500245 KIRLOSKAR FERROUS INDUSTRIES LTD Materials Equity 377823.68 0.02
SANDUMA SANDUR MANGANESE AND IRON ORES LTD Materials Equity 322697.04 0.02
5440 KYOEI STEEL LTD Materials Equity 307368.09 0.02
5449 OSAKA STEEL LTD Materials Equity 307176.79 0.02
FESA4 FERBASA PREF Materials Equity 285434.79 0.02
BRE BRAZILIAN RARE EARTHS LTD Materials Equity 277206.69 0.02
MAHSEAMLES MAHARASHTRA SEAMLESS LTD Materials Equity 276979.68 0.02
KRW KRW CASH Cash and/or Derivatives Cash 273285.69 0.01
MOIL MOIL LTD Materials Equity 265017.12 0.01
3833 XINJIANG XINXIN MINING INDUSTRY LT Materials Equity 264521.83 0.01
1320 SAUDI STEEL PIPE Materials Equity 262004.37 0.01
SURYAROSNI SURYA ROSHNI LTD Materials Equity 223844.86 0.01
SAR SAR CASH(COMMITTED) Cash and/or Derivatives Cash 215235.06 0.01
MIDHANI MISHRA DHATU NIGAM LTD Materials Equity 208540.76 0.01
JAIBALAJI JAI BALAJI INDUSTRIES LTD Materials Equity 182402.33 0.01
2362 JINCHUAN GROUP INTERNATIONAL RESOU Materials Equity 157123.15 0.01
TTST TATA STEEL GDR LTD Materials Equity 124954.6 0.01
HKD HKD CASH Cash and/or Derivatives Cash 113792.5 0.01
TWD TWD CASH Cash and/or Derivatives Cash 110818.55 0.01
EUR EUR CASH Cash and/or Derivatives Cash 107460.64 0.01
MYR MYR CASH Cash and/or Derivatives Cash 93111.52 0.01
PLN PLN CASH Cash and/or Derivatives Cash 88066.44 0.0
SALFT CASH COLLATERAL USD SALFT Cash and/or Derivatives Cash Collateral and Margins 69000.0 0.0
CNH CNH CASH Cash and/or Derivatives Cash 67070.86 0.0
ZAR ZAR CASH Cash and/or Derivatives Cash 60831.89 0.0
JPY JPY CASH Cash and/or Derivatives Cash 44813.42 0.0
NOK NOK CASH Cash and/or Derivatives Cash 41422.1 0.0
MXN MXN CASH Cash and/or Derivatives Cash 33082.38 0.0
SEK SEK CASH Cash and/or Derivatives Cash 24463.92 0.0
GBP GBP CASH Cash and/or Derivatives Cash 23100.39 0.0
CAD CAD CASH Cash and/or Derivatives Cash 18784.14 0.0
SGD SGD CASH Cash and/or Derivatives Cash 18525.3 0.0
CLP CLP CASH Cash and/or Derivatives Cash 16830.16 0.0
CHF CHF CASH Cash and/or Derivatives Cash 15863.27 0.0
TRY TRY CASH Cash and/or Derivatives Cash 11594.16 0.0
QAR QAR CASH Cash and/or Derivatives Cash 10408.15 0.0
RUB RUB CASH Cash and/or Derivatives Cash 5525.56 0.0
ALRS AK ALROSA Materials Equity 376.03 0.0
RUAL UNITED COMPANY RUSAL Materials Equity 449.51 0.0
003030 SEAH STEEL HOLDINGS CORP Materials Equity 96.49 0.0
IDR IDR CASH Cash and/or Derivatives Cash 0.0 0.0
CNY CNY CASH Cash and/or Derivatives Cash 0.01 0.0
PHP PHP CASH Cash and/or Derivatives Cash 14.75 0.0
GMKN GMK NORILSKIY NIKEL Materials Equity 0.06 0.0
773 CHINA METAL RECYCLING (HOLDINGS) L Materials Equity 0.17 0.0
NLMK NOVOLIPETSK STEEL Materials Equity 1.45 0.0
LLL LEO LITHIUM LTD Materials Equity 10.11 0.0
MTLRP MECHEL PREF Materials Equity 12.51 0.0
CHMF SEVERSTAL Materials Equity 30.41 0.0
MYR MYR/USD Cash and/or Derivatives FX -52.11 0.0
KRW KRW/USD Cash and/or Derivatives FX -49.45 0.0
TWD TWD/USD Cash and/or Derivatives FX -31.6 0.0
QAR QAR/USD Cash and/or Derivatives FX -26.51 0.0
CLP CLP/USD Cash and/or Derivatives FX -2.29 0.0
SAR SAR/USD Cash and/or Derivatives FX 0.0 0.0
SAR SAR/USD Cash and/or Derivatives FX 0.0 0.0
SAR SAR/USD Cash and/or Derivatives FX 0.01 0.0
SAR SAR/USD Cash and/or Derivatives FX 0.01 0.0
SAR SAR/USD Cash and/or Derivatives FX 0.33 0.0
IXPH6 EMINI ENERGY SELECT SECTOR MAR 26 Cash and/or Derivatives Futures 0.0 0.0
MESH6 MSCI EMER MKT INDEX (ICE) MAR 26 Cash and/or Derivatives Futures 0.0 0.0
BRL BRL/USD Cash and/or Derivatives FX -108.14 0.0
INR INR/USD Cash and/or Derivatives FX -548.33 0.0
USD USD CASH Cash and/or Derivatives Cash -6534562.55 -0.36
The content contained herein is owned or licensed by BlackRock and/or its third-party information providers and is protected by applicable copyrights, trademarks, service marks, and/or other intellectual property rights. Such content is solely for your personal, non-commercial use. Accordingly, you may not copy, distribute, modify, post, frame or deep link this content. You may download material displayed on this Website for your personal use provided you also retain all copyright and other proprietary notices contained on the materials. Modification or use of the materials for any other purpose violates BlackRock's intellectual property rights. Holdings subject to change. See www.iShares.com for the most recent funds holdings. The values for “price” shown herein generally represent a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The values shown herein for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of the vendor price and may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent practicable date and may not necessarily be as of the date shown above. Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures. 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 WWW.ISHARES.COM OR WWW.BLACKROCK.COM. READ THE PROSPECTUS CAREFULLY BEFORE INVESTING. INVESTING INVOLVES RISK, INCLUDING POSSIBLE LOSS OF PRINCIPAL. This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. 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 Bloomberg, BlackRock Index Services, LLC, Cboe Global Indices, LLC, Cohen & Steers, European Public Real Estate Association (“EPRA® ”), FTSE International Limited (“FTSE”), ICE Data Indices, LLC, NSE Indices Ltd, JPMorgan, JPX Group, London Stock Exchange Group (“LSEG”), MSCI Inc., Markit Indices Limited, Morningstar, Inc., Nasdaq, Inc., National Association of Real Estate Investment Trusts (“NAREIT”), Nikkei, Inc., Russell, S&P Dow Jones Indices LLC or STOXX Ltd. None of these companies make any representation regarding the advisability of investing in the Funds. With the exception of BlackRock Index Services, LLC, who is an affiliate, BlackRock Investments, LLC is not affiliated with the companies listed above. Neither FTSE, LSEG, nor NAREIT makes any warranty regarding the FTSE Nareit Equity REITS Index, FTSE Nareit All Residential Capped Index or FTSE Nareit All Mortgage Capped Index. Neither FTSE, EPRA, LSEG, nor NAREIT makes any warranty regarding the FTSE EPRA Nareit Developed ex-U.S. Index, FTSE EPRA Nareit Developed Green Target Index or FTSE EPRA Nareit Global REITs Index. “FTSE®” is a trademark of London Stock Exchange Group companies and is used by FTSE under license. ©2023 BlackRock, Inc or its affiliates. All rights reserved. iSHARES, iBONDS and BLACKROCK are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners. nan nan nan nan nan