| Investment Objective: |
iShares Large Cap Value Active ETF seeks to maximize total return. Under normal circumstances, the Fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in large cap value equity securities and derivatives that provide investment exposure to such securities or to one or more market risk factors associated with such securities. For purposes of the Fund's 80% policy, large cap value equity securities are equity securities that (i) have a market capitalization within the range of companies included in the Russell 1000 Value Index (the "Russell 1000 Value Index") and (ii) are included within at least one value index, as determined by BlackRock (the "Value Indices"). Currently, such Value Indices are the Russell 3000 Value Index, the S&P Composite 1500 Value Index and the MSCI World Value Index. The Russell 1000 Value Index is a capitalization- weighted index from a broad range of industries chosen for market size, liquidity and industry group representation. The Russell 1000 Value Index includes equity securities of issuers with a median market cap of 14.822 billion as of December 31, 2025. |
