<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> 17
<NAME> Russell 2000 Index Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 218,656,302
<INVESTMENTS-AT-VALUE> 246,304,959
<RECEIVABLES> 599,425
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 246,904,384
<PAYABLE-FOR-SECURITIES> 410,304
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,776,896
<TOTAL-LIABILITIES> 13,187,200
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 206,275,533
<SHARES-COMMON-STOCK> 2,250,000
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 133,308
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (340,314)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 27,648,657
<NET-ASSETS> 233,717,184
<DIVIDEND-INCOME> 1,187,786
<INTEREST-INCOME> 37,680
<OTHER-INCOME> 0
<EXPENSES-NET> 156,850
<NET-INVESTMENT-INCOME> 1,068,616
<REALIZED-GAINS-CURRENT> (340,314)
<APPREC-INCREASE-CURRENT> 27,648,657
<NET-CHANGE-FROM-OPS> 28,376,959
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 935,308
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,250,000
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 233,717,184
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 156,850
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 156,850
<AVERAGE-NET-ASSETS> 220,296,276
<PER-SHARE-NAV-BEGIN> 94.33
<PER-SHARE-NII> 0.48
<PER-SHARE-GAIN-APPREC> 9.48
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.42
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 103.87
<EXPENSE-RATIO> 0.20
</TABLE>
