<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from iShares Trust
financial statements at October 31, 2000
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 35
<NAME> Dow Jones U. S. Telecommunications Sector In
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-2001
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 43,534,012
<INVESTMENTS-AT-VALUE> 42,144,051
<RECEIVABLES> 141,337
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 42,285,388
<PAYABLE-FOR-SECURITIES> 125,395
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,260,293
<TOTAL-LIABILITIES> 3,385,688
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 39,350,488
<SHARES-COMMON-STOCK> 750,000
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (6,532)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 945,705
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,389,961)
<NET-ASSETS> 38,899,700
<DIVIDEND-INCOME> 271,890
<INTEREST-INCOME> 13,770
<OTHER-INCOME> 0
<EXPENSES-NET> 117,106
<NET-INVESTMENT-INCOME> 168,554
<REALIZED-GAINS-CURRENT> 945,705
<APPREC-INCREASE-CURRENT> (1,389,961)
<NET-CHANGE-FROM-OPS> (275,702)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 175,086
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,300,000
<NUMBER-OF-SHARES-REDEEMED> (550,000)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 38,899,700
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 117,106
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 117,106
<AVERAGE-NET-ASSETS> 43,943,754
<PER-SHARE-NAV-BEGIN> 56.81
<PER-SHARE-NII> 0.21
<PER-SHARE-GAIN-APPREC> (4.93)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.22
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 51.87
<EXPENSE-RATIO> 0.60
</TABLE>
