<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> 6
<NAME> S&P 500 Index Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 1,719,187,951
<INVESTMENTS-AT-VALUE> 1,694,373,928
<RECEIVABLES> 1,518,450
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,695,892,378
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 27,469,154
<TOTAL-LIABILITIES> 27,469,154
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,689,263,902
<SHARES-COMMON-STOCK> 11,600,000
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 472,767
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,500,578
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (24,814,023)
<NET-ASSETS> 1,668,423,224
<DIVIDEND-INCOME> 4,644,284
<INTEREST-INCOME> 19,166
<OTHER-INCOME> 0
<EXPENSES-NET> 381,695
<NET-INVESTMENT-INCOME> 4,281,755
<REALIZED-GAINS-CURRENT> 3,500,578
<APPREC-INCREASE-CURRENT> (24,814,023)
<NET-CHANGE-FROM-OPS> (17,031,690)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3,808,988
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,750,000
<NUMBER-OF-SHARES-REDEEMED> (1,150,000)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,668,423,224
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 381,695
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 381,695
<AVERAGE-NET-ASSETS> 1,080,402,828
<PER-SHARE-NAV-BEGIN> 145.24
<PER-SHARE-NII> 0.44
<PER-SHARE-GAIN-APPREC> (1.45)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.40
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 143.83
<EXPENSE-RATIO> 0.09
</TABLE>
