| Investment Objective: |
The iShares ESG Aware MSCI USA Value ETF seeks to track the investment results of an index composed of U.S. large- and mid-capitalization equities that exhibit value characteristics as well as positive environmental, social, and governance characteristics, as identified by the index provider, and risk and return characteristics similar to those of the parent index. The Fund seeks to track the investment results of the MSCI USA Value Extended ESG Focus Index (the "Underlying Index"). The Underlying Index is an optimized equity index designed to reflect the equity performance of U.S. companies that exhibit value characteristics as well as positive environmental, social, and governance ("ESG") characteristics, as determined by the Index Provider, and risk and return characteristics similar to those of the MSCI USA Value Index (the "Parent Index"). The Parent Index includes U.S. large and mid-capitalization stocks that generally represent approximately 50% of the free float-adjusted market capitalization of the MSCI USA Index. |