<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> 9
<NAME>S&P SmallCap 600 Index Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 69,436,749
<INVESTMENTS-AT-VALUE> 72,747,253
<RECEIVABLES> 140,586
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 72,887,839
<PAYABLE-FOR-SECURITIES> 93,693
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,160,518
<TOTAL-LIABILITIES> 2,254,211
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 66,410,758
<SHARES-COMMON-STOCK> 650,000
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 10,817
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 901,549
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,310,504
<NET-ASSETS> 70,633,628
<DIVIDEND-INCOME> 112,776
<INTEREST-INCOME> 2,961
<OTHER-INCOME> 0
<EXPENSES-NET> 32,470
<NET-INVESTMENT-INCOME> 83,267
<REALIZED-GAINS-CURRENT> 901,549
<APPREC-INCREASE-CURRENT> 3,310,504
<NET-CHANGE-FROM-OPS> 4,295,320
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 72,450
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 650,000
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 70,633,628
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 32,470
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 32,470
<AVERAGE-NET-ASSETS> 45,774,311
<PER-SHARE-NAV-BEGIN> 97.95
<PER-SHARE-NII> 0.14
<PER-SHARE-GAIN-APPREC> 10.71
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.13
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 108.67
<EXPENSE-RATIO> 0.20
</TABLE>
