<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from iShares Trust
financial statements at September 30, 2000
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 20
<NAME> Russell 1000 Index Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 259,293,092
<INVESTMENTS-AT-VALUE> 269,695,251
<RECEIVABLES> 242,718
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 269,937,969
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7,125,304
<TOTAL-LIABILITIES> 7,125,304
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 250,947,429
<SHARES-COMMON-STOCK> 3,400,000
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 73,682
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,389,395
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,402,159
<NET-ASSETS> 262,812,665
<DIVIDEND-INCOME> 1,062,629
<INTEREST-INCOME> 11,031
<OTHER-INCOME> 0
<EXPENSES-NET> 144,398
<NET-INVESTMENT-INCOME> 929,262
<REALIZED-GAINS-CURRENT> 1,389,395
<APPREC-INCREASE-CURRENT> 10,402,159
<NET-CHANGE-FROM-OPS> 12,720,816
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 855,580
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,700,000
<NUMBER-OF-SHARES-REDEEMED> (300,000)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 262,812,665
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 144,398
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 144,398
<AVERAGE-NET-ASSETS> 256,518,864
<PER-SHARE-NAV-BEGIN> 76.78
<PER-SHARE-NII> 0.27
<PER-SHARE-GAIN-APPREC> 0.50
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.25
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 77.30
<EXPENSE-RATIO> 0.15
</TABLE>