<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> 16
<NAME> Russell 2000 Growth Index Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 44,827,647
<INVESTMENTS-AT-VALUE> 46,173,032
<RECEIVABLES> 9,575
<ASSETS-OTHER> 35,787
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 46,218,394
<PAYABLE-FOR-SECURITIES> 71,892
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,805,786
<TOTAL-LIABILITIES> 1,877,678
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 42,896,643
<SHARES-COMMON-STOCK> 550,000
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 1,516
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 97,172
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,345,385
<NET-ASSETS> 44,340,716
<DIVIDEND-INCOME> 14,660
<INTEREST-INCOME> 2,675
<OTHER-INCOME> 0
<EXPENSES-NET> 12,272
<NET-INVESTMENT-INCOME> 5,063
<REALIZED-GAINS-CURRENT> 97,172
<APPREC-INCREASE-CURRENT> 1,345,385
<NET-CHANGE-FROM-OPS> 1,447,620
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3,547
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 550,000
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 44,340,716
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 12,272
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12,272
<AVERAGE-NET-ASSETS> 27,001,618
<PER-SHARE-NAV-BEGIN> 81.36
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> (0.74)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.01
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 80.62
<EXPENSE-RATIO> 0.25
</TABLE>
