Equity Solutions: Products & Capabilities

Investing for after-tax returns

Watch out for actively managed mutual funds that kick out large, costly distributions. Leverage BlackRock’s Tax Evaluator to see the size and date of pending capital gains distributions across 7,000+ funds.

Tax Center for advisors Tax Center for advisors

Help clients allocate to equity with their portfolio goals in mind

Consider starting with your base and then tip the scale toward resilience or growth to optimize your equity mix based on your larger asset allocation.

Build your base

Use low-cost, tax-efficient ETFs to access strategic, long-term exposures that aim to track broad markets.

Seek resilience

For overall conservative portfolios, consider allocating more to defensive equities that can help outperform during periods of higher volatility.

Seek growth

For overall aggressive portfolios, investors may want to consider growth oriented equities designed to seek outperformance.

Advance Static Table-1,Source-1

Advance Static Table-2,Source-2

Advance Static Table-3,Source-3

Advance Static Table-4,Source-4

Objective	Fund Name	Ticker	ETF or mutual fund?	Morningstar category	Overall Morningstar Star Rating*	1YR ranking	5YR ranking	10YR ranking
						Morningstar Percentile Rankings
					Rated out of 5 stars, average of 3-,5-, and 10 year Morningstar star ratings.	Ranks a fund’s performance relative to its peers, from 1 (best) to 100 (worst).
Build your base
Low-cost, tax-efficient ETFs	iShares Core S&P 500 ETF	IVV	ETF	U.S. Fund Large Blend	★★★★★	26	21	10
Seek resilience
Defensive equities	iShares Core Dividend Growth ETF	DGRO	ETF	U.S. Fund Large Blend	★★★★	57	23	-
	iShares MSCI USA Quality Factor ETF	QUAL	ETF	U.S. Fund Large Blend	★★★★	6	19	14
	BlackRock Equity Dividend Fund	MADVX	Mutual fund	U.S. Fund Large Value	★★★★	39	47	30
Seek growth
Alpha-seeking, high active risk equities	iShares MSCI USA Value Factor ETF	VLUE	ETF	U.S. Fund Large Blend	★★	29	78	60
	iShares MSCI USA Momentum Factor ETF	MTUM	ETF	U.S. Fund Large Growth	★★★	100	94	65
	BlackRock Large Cap Focus Growth Fund	MAFOX	Mutual fund	U.S. Fund Large Growth	★★★	8	42	25
	Blackrock Unconstrained Equity Fund	MAEGX	Mutual fund	U.S. Fund Large Growth	★★★★	18	6	28

View all equities offerings View all equities offerings

Objective	Fund Name	Fund Ticker	ETF or mutual fund?	Morningstar category	Overall Morningstar Star Rating*	1YR ranking	5YR ranking	10YR ranking
						Morningstar Percentile Rankings
					Rated out of 5 stars, average of 3-,5-, and 10 year Morningstar star ratings.	Ranks a fund’s performance relative to its peers, from 1 (best) to 100 (worst).
Build your base
Low-cost, tax-efficient ETFs			iShares Core MSCI EAFE ETF	IEFA	ETF	U.S. Fund Foreign Large Blend	★★★★	92	97	40
Low-cost, tax-efficient ETFs			iShares International Equity Factor ETF	INTF	ETF	U.S. Fund Foreign Large Blend	★★★	22	70	-
Seek resilience
Defensive equities			iShares MSCI Intl Quality Factor ETF	IQLT	ETF	U.S. Fund Foreign Large Blend	★★★★	19	6	-
Defensive equities			BlackRock International Dividend Fund	BISIX	Mutual fund	U.S. Fund Foreign Large Blend	★★★★	65	9	68
Seek growth
Alpha-seeking, high active risk equities	BlackRock International Fund	MAILX	Mutual fund	Foreign large blend	★★	10	9	37

*Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics, which are based on risk-adjusted returns, as of the date stated. Funds are rated from one to five stars, with the best performers receiving five stars and the worst performers receiving as single star.

Source: Morningstar 6/30/23

Past performance does not guarantee future results. Morningstar ratings are based on risk adjusted returns. Morningstar rankings are based on total return. For more information on the Morningstar ratings and rankings please see the end of this page.

Percentile rank is a standardized way of ranking items within a peer group, in this case, funds with the same Morningstar category. The observation with the largest numerical value is ranked one; the observation with the smallest numerical value is ranked 100. The remaining observations are placed equal distance from one another on the rating scale. Note that lower percentile ranks are generally more favorable for returns (high returns), while higher percentile ranks are generally more favorable for risk measures (low risk).

The funds listed in the table above have been chosen by iShares product strategists to help represent potential investor portfolio objectives. The scope of the funds under consideration are iShares and BlackRock ETF and mutual fund offerings. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular and is subject to change.

View all equities offerings View all equities offerings

						Morningstar Percentile Rankings
					Rated out of 5 stars, average of 3-,5-, and 10 year Morningstar star ratings.	Ranks a fund’s performance relative to its peers, from 1 (best) to 100 (worst).
Objective	Fund Name	Fund Ticker	ETF or mutual fund?	Morningstar category	Overall Morningstar Star Rating*	1YR ranking	5YR ranking	10YR ranking
Build your base
Low-cost, tax-efficient ETFs	iShares Core MSCI Emerging Markets ETF	IEMG	ETF	U.S. Fund Diversified Emerging Mkts	★★★	51	53	41
Seek resilience
Defensive equities	iShares MSCI Emerging Markets Min Vol Factor ETF	EEMV	ETF	U.S. Fund Diversified Emerging Mkts	★★★★	78	84	65
Seek growth
Alpha-seeking, high active risk equities	BlackRock Emerging Markets Fund	MADCX	Mutual fund	U..S Fund Diversified Emerging Mkts	★★★★	55	30	21

*Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics, which are based on risk-adjusted returns, as of the date stated. Funds are rated from one to five stars, with the best performers receiving five stars and the worst performers receiving as single star.

Source: Morningstar 6/30/23

Past performance does not guarantee future results. Morningstar ratings are based on risk adjusted returns. Morningstar rankings are based on total return. For more information on the Morningstar ratings and rankings please see the end of this page.

Percentile rank is a standardized way of ranking items within a peer group, in this case, funds with the same Morningstar category. The observation with the largest numerical value is ranked one; the observation with the smallest numerical value is ranked 100. The remaining observations are placed equal distance from one another on the rating scale. Note that lower percentile ranks are generally more favorable for returns (high returns), while higher percentile ranks are generally more favorable for risk measures (low risk).

The funds listed in the table above have been chosen by iShares product strategists to help represent potential investor portfolio objectives. The scope of the funds under consideration are iShares and BlackRock ETF and mutual fund offerings. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular and is subject to change.

As of 6/30/2023, the iShares Core S&P 500 ETF received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 1280, 1175 and 872 US Large Blend Funds, respectively. The iShares Core Dividend Growth received a Morningstar Rating of 3 stars for the 3-year period, and 5 stars for the 5-year period, rated against 1138 and 1085 US Large Value Funds, respectively. The iShares MSCI USA Quality Factor ETF received a Morningstar Rating of 3 stars for the 3-year period and 3 stars for the 5-year period, rated against 1280 and 1175 US Large Blend Funds, respectively. Equity Dividend Fund received a Morningstar Rating of 3 stars for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 1,138, 1,085 and 809 Large Value Funds, respectively. The iShares MSCI USA Value Factor ETF received a Morningstar Rating of 1 star for the 3-year period, 1 star for the 5-year period and 2 stars for the 10-year period, rated against 1138, 1085 and 809 US Large Value Funds, respectively. The iShares MSCI USA Momentum Factor ETF received a Morningstar Rating of 2 stars for the 3-year period, 2 stars for the 5-year period and 3 stars for the 10-year period, rated against 1117, 1032 and 791 US Large Growth Funds, respectively. The Large Cap Focus Growth Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1,117, 1,032 and 791 Large Growth Funds, respectively. BlackRock Unconstrained Equity Fund: received a Morningstar Rating of 5 stars for the 3-year period, 5 stars for the 5-year period and 3 stars for the 10-year period, rated against 317, 276 and 183 Large Growth Funds, respectively. The iShares Core MSCI EAFE ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 678, 616 and 409 US Foreign Large Blend Funds, respectively. The iShares International Equity Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 2 stars for the 5-year period, rated against 678 and 616 US Foreign Large Blend Funds, respectively. The iShares MSCI Intl Quality Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 5 stars for the 5-year period, rated against 678 and 616 US Foreign Large Blend Funds, respectively. The International Dividend Fund received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period, and 3 stars for the 10-year period, rated against 678, 616, and 409 US Foreign Large Blend Funds, respectively. The International Fund received a Morningstar Rating of 1 star for the 3-year period, 2 stars for the 5-year period, and 2 stars for the 10-year period, rated against 678, 616, and 409 US Foreign Large Blend Funds, respectively. The iShares Core MSCI Emerging Markets received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 3 stars for the 10-year period, rated against 723, 646 and 385 US Diversified Emerging Markets Funds, respectively. The iShares MSCI Emerging Markets Min Vol Factor received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 723, 646 and 385 US Diversified Emerging Markets Funds, respectively. The Emerging Markets Fund received a Morningstar Rating of 3 stars for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 723, 646 and 385 Diversified Emerging Mkts Funds, respectively. The iShares U.S. Consumer Staples ETF received a Morningstar Rating of 5 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 25, 24 and 19 US Consumer Defensive Funds, respectively. The iShares U.S. Utilities ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 59, 56 and 50 US Utilities Funds, respectively. BlackRock Health Science Opportunities: received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 154, 132 and 111 US Health Funds, respectively. The iShares Robotics and Artificial Opportunities received a Morningstar Rating of 3 stars for the 3-year period and 2 stars for the 5-year, rated against 232 and 205 US Technology Funds, respectively. The iShares Semiconductor ETF received a Morningstar Rating of 5 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 232, 205 and 160 US Technology Funds, respectively. The BlackRock Technology Opportunities Fund: received a Morning Overall Morningstar Rating^TM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics, which are based on risk-adjusted returns, as of the date stated. star Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 232, 205 and 160 US Technology Funds, respectively.

View all equities offerings View all equities offerings

Objective	ETF or mutual fund?	Morningstar category	Overall Morningstar Star Rating*	1YR ranking	5YR ranking	10YR ranking
				Morningstar Percentile Rankings
			Rated out of 5 stars, average of 3-,5-, and 10 year Morningstar star ratings.	Ranks a fund’s performance relative to its peers, from 1 (best) to 100 (worst).
Seek resilience
Defensive equities	iShares U.S. Consumer Staples ETF	IYK	ETF	U.S. Fund Consumer Defensive	★★★★★	71	1	10
		iShares U.S. Utilities ETF	IDU	ETF	U.S. Fund Utilities	★★★	58	52	28
		BlackRock Health Sciences Opportunities Fund	SHSSX	Mutual fund	U.S. Fund Health	★★★★★	44	30	7
Seek growth
Alpha-seeking, high active risk equities	iShares Robotics and Artificial Intelligence Multisector ETF	IRBO	ETF	U.S. Fund Technology	★★	67	77	-
		iShares Semiconductor ETF	SOXX	ETF	U.S. Fund Technology	★★★★★	7	4	4
		BlackRock Technology Opportunities Fund	BGSIX	Mutual fund	U.S. Fund Technology	★★★★	43	32	32

*Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics, which are based on risk-adjusted returns, as of the date stated. Funds are rated from one to five stars, with the best performers receiving five stars and the worst performers receiving as single star.

Source: Morningstar 12/31/23

Past performance does not guarantee future results. Morningstar ratings are based on risk adjusted returns. Morningstar rankings are based on total return. For more information on the Morningstar ratings and rankings please see the end of this page.

Percentile rank is a standardized way of ranking items within a peer group, in this case, funds with the same Morningstar category. The observation with the largest numerical value is ranked one; the observation with the smallest numerical value is ranked 100. The remaining observations are placed equal distance from one another on the rating scale. Note that lower percentile ranks are generally more favorable for returns (high returns), while higher percentile ranks are generally more favorable for risk measures (low risk).

The funds listed in the table above have been chosen by iShares product strategists to help represent potential investor portfolio objectives. The scope of the funds under consideration are iShares and BlackRock ETF and mutual fund offerings. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular and is subject to change.

As of 12/31/2023, the iShares Core S&P 500 ETF received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 1298, 1191 and 897 US Large Blend Funds, respectively. The iShares Core Dividend Growth received a Morningstar Rating of 3 stars for the 3-year period, and 4 stars for the 5-year period, rated against 1131 and 1075 US Large Value Funds, respectively. The iShares MSCI USA Quality Factor ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1298, 1191 and 897 US Large Blend Funds, respectively. Equity Dividend Fund received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1,131, 1,075 and 821 Large Value Funds, respectively. The iShares MSCI USA Value Factor ETF received a Morningstar Rating of 2 star for the 3-year period, 2 star for the 5-year period and 2 stars for the 10-year period, rated against 1131 1075 and 821 US Large Value Funds, respectively. The iShares MSCI USA Momentum Factor ETF received a Morningstar Rating of 2 stars for the 3-year period, 2 stars for the 5-year period and 3 stars for the 10-year period, rated against 1118, 1031 and 810 US Large Growth Funds, respectively. The Large Cap Focus Growth Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 3 stars for the 10-year period, rated against 1,118, 1,031 and 810 Large Growth Funds, respectively. BlackRock Unconstrained Equity Fund: received a Morningstar Rating of 5 stars for the 3-year period, 5 stars for the 5-year period and 4 stars for the 10-year period, rated against 331, 280 and 191 Large Growth Funds, respectively. The iShares Core MSCI EAFE ETF received a Morningstar Rating of 3 stars for the 3-year period, 1 stars for the 5-year period and 5 stars for the 10-year period, rated against 698, 642 and 421 US Foreign Large Blend Funds, respectively. The iShares International Equity Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 2 stars for the 5-year period, rated against 698 and 642 US Foreign Large Blend Funds, respectively. The iShares MSCI Intl Quality Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 5 stars for the 5-year period, rated against 698 and 642 US Foreign Large Blend Funds, respectively. The International Dividend Fund received a Morningstar Rating of 5 stars for the 3-year period, 5 stars for the 5-year period and 3 stars for the 10-year period, rated against 698, 642 and 421 US Foreign Large Blend Funds, respectively. The International Fund received a Morningstar Rating of 1 star for the 3-year period, 3 stars for the 5-year period and 2 stars for the 10-year period, rated against 698, 642 and 421 Foreign Large Blend Funds, respectively. The iShares Core MSCI Emerging Markets received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 3 stars for the 10-year period, rated against 1131, 1075 and 821 US Diversified Emerging Markets Funds, respectively. The iShares MSCI Emerging Markets Min Vol Factor ETF received a Morningstar Rating of 4 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 721, 656 and 402 US Diversified Emerging Markets Funds, respectively. The Emerging Markets Fund received a Morningstar Rating of 3 stars for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 721, 656 and 402 Diversified Emerging Mkts Funds, respectively. The iShares U.S. Consumer Staples ETF received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 25, 25 and 20 US Consumer Defensive Funds, respectively. The iShares U.S. Utilities ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 59, 58 and 51 US Utilities Funds, respectively. BlackRock Health Science Opportunities received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 158, 135 and 113 Health Funds, respectively. The iShares Robotics and Artificial Opportunities received a Morningstar Rating of 2 stars for the 3-year period and 2 stars for the 5-year, rated against 231 and 204 US Technology Funds, respectively. The iShares Semiconductor ETF received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 231, 204 and 159 US Technology Funds, respectively. The BlackRock Technology Opportunities Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 3 stars for the 10-year period, rated against 231, 204 and 159 Technology Funds, respectively.

Morningstar Rankings are based on total return excluding sales charges, iShares Core S&P 500 ETF: Morningstar Category: US Fund Large Blend: ranked 1yr, 355/1430; 3yr, 329/1298; 5yr, 217/1191; 10yr, 71/897. iShares Core Dividend Growth ETF: Morningstar Category: US DIV and buyback TR USD: ranked 1yr, 665/1217; 3yr, 770/1131; 5yr, 214/1075. iShares MSCI USA Quality Factor ETF: Equity Dividend: 1 Year 70/1,430; 3 Year 435/1,298; 5 Year 200/1,191; 10 Year 101/897. iShares MSCI USA Value Factor ETF: Morningstar Category: US Fund Large Value: ranked 1yr, 299/1217; 3yr, 885/1131; 5yr, 833/1075; 10yr, 456/821. iShares MSCI USA Momentum Factor ETF: Morningstar Category: US Fund Large Growth: ranked 1yr, 1195/1200; 3yr, 950/1118; 5yr, 978/1031; 10yr, 539/810. BlackRock Large Cap Focus Growth*: 1 Year 70/1,200; 3 Year 792/1,118; 5 Year 430/1,031; 10 Year 196/810. BlackRock Unconstrained Equity Fund: Morningstar Category: US Fund Large Growth: 1 Year 62/363; 3 Year 7/331; 5 Year 14/280; 10 Year 59/191. iShares Core MSCI EAFE ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 667/744; 3yr, 545/698; 5yr, 628/642; 10yr, 137/421. iShares International Equity Factor ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 125/730; 3yr, 148/679; 5yr, 524/622. iShares MSCI Intl Quality Factor ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 137/744; 3yr, 118/698; 5yr, 41/642. The BlackRock International Dividend: 1 Year 433/744; 3 Year 26/698; 5 Year 65/642; 10 Year 261/421. BlackRock International Fund: 1 Year 68/744; 3 Year 608/698;5 Year 66/642; 10 Year 127/421. iShares Core MSCI Emerging Markets ETF: Morningstar Category: US Fund Diversified Emerging Mkts: ranked 1yr, 376/816; 3yr, 275/721; 5yr, 295/656; 10yr, 154/102. iShares MSCI Emerging Markets Min Vol Factor ETF: Morningstar Category: US Fund Diversified Emerging Mkts: ranked 1yr, 613/816; 3yr, 151/721; 5yr, 537/656; 10yr, 248/402. BlackRock Emerging Markets: 1 Year 402/816; 3 Year 396/721; 5 Year 168/656; 10 Year 86/402. iShares U.S. Consumer Staples ETF: Morningstar Category: US Fund Consumer Defensive: ranked 1yr, 20/28; 3yr, 6/25; 5yr, 1/25; 10yr, 2/20. iShares U.S. Utilities ETF: Morningstar Category: US Fund Utilities: ranked 1yr, 36/60; 3yr, 27/59; 5yr, 37/58; 10yr, 10/51. BlackRock Health Science Opportunities: Morningstar Category: US Fund Health: ranked 1 Year 94/176; 3 Year 48/158; 5 Year 48/134; 10 Year 5/113. iShares Robotics and Artificial Intelligence Multisector ETF: Morningstar Category: US Fund Technology: ranked 1yr, 203/267; 3yr, 185/231; 5yr, 174/204. iShares Semiconductor ETF: Morningstar Category: US Fund Technology: ranked 1yr, 15/267; 3yr, 8/231; 5yr, 8/204; 10yr, 5/159. BlackRock Technology Opportunities Fund: Morningstar Category: US Fund Technology: ranked 1 Year 133/267; 3 Year 178/231; 5 Year 78/204; 10 Year 52/159.

View all equities offerings View all equities offerings

*Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics, which are based on risk-adjusted returns, as of the date stated. Funds are rated from one to five stars, with the best performers receiving five stars and the worst performers receiving as single star.

Source: Morningstar 6/30/24

Past performance does not guarantee future results. Morningstar ratings are based on risk adjusted returns. Morningstar rankings are based on total return. For more information on the Morningstar ratings and rankings please see the end of this page.

Percentile rank is a standardized way of ranking items within a peer group, in this case, funds with the same Morningstar category. The observation with the largest numerical value is ranked one; the observation with the smallest numerical value is ranked 100. The remaining observations are placed equal distance from one another on the rating scale. Note that lower percentile ranks are generally more favorable for returns (high returns), while higher percentile ranks are generally more favorable for risk measures (low risk).

The funds listed in the table above have been chosen by iShares product strategists to help represent potential investor portfolio objectives. The scope of the funds under consideration are iShares and BlackRock ETF and mutual fund offerings. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular and is subject to change.

As of 6/30/2024, the iShares Core S&P 500 ETF received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 1302, 1192 and 888 US Large Blend Funds, respectively. The iShares Core Dividend Growth ETF received a Morningstar Rating of 3 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Value Funds, respectively. The iShares MSCI USA Quality Factor ETF received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 1302, 1192 and 888 US Large Blend Funds, respectively. Equity Dividend Fund received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Blend Funds, respectively. The iShares MSCI USA Value Factor ETF received a Morningstar Rating of 1 star for the 3-year period, 1 star for the 5-year period and 2 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Value Funds, respectively. The iShares MSCI USA Momentum Factor ETF received a Morningstar Rating of 3 stars for the 3-year period, 2 stars for the 5-year period and 3 stars for the 10-year period, rated against 1092, 1019 and 794 US Large Growth Funds, respectively. The Large Cap Focus Growth Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1092, 1019 and 794 Large Growth Funds, respectively. The BlackRock Unconstrained Equity Fund received a Morningstar Rating 5 stars for the 3-year period, 4 stars for the 5-year period and 3 stars for the 10-year period, rated against 321, 277 and 188 Large Growth Funds, respectively. The iShares Core MSCI EAFE ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 679, 639 and 421 US Foreign Large Blend Funds, respectively. The iShares International Equity Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 3 stars for the 5-year period, rated against 679 and 639 US Foreign Large Blend Funds, respectively. The iShares MSCI Intl Quality Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 4 stars for the 5-year period, rated against 679 and 639 US Foreign Large Blend Funds, respectively. The International Dividend received a Morningstar Rating of 5 stars for the 3-year period, 5 stars for the 5-year period and 4 stars for the 10-year period, rated against 679, 639 and 421 US Foreign Large Blend Funds, respectively. The International Fund received a Morningstar Rating of 3 star for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 338, 320 and 240 Foreign Large Blend Funds, respectively. The iShares Core MSCI Emerging Markets received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 3 stars for the 10-year period, rated against 718, 646 and 423 US Diversified Emerging Markets Funds, respectively. The iShares MSCI Emerging Markets Min Vol Factor ETF received a Morningstar Rating of 4 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 718, 646 and 423 US Diversified Emerging Markets Funds, respectively. The Emerging Markets Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 423 stars for the 10-year period, rated against 718, 646 and 423 Diversified Emerging Mkts Funds, respectively. The iShares U.S. Consumer Staples ETF received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 25, 25 and 20 US Consumer Defensive Funds, respectively. The iShares U.S. Utilities ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 59, 58 and 51 US Utilities Funds, respectively. The BlackRock Health Science Opportunities received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 161, 139 and 114 Health Funds, respectively. The iShares Robotics and Artificial Opportunities received a Morningstar Rating of 2 stars for the 3-year period and 2 stars for the 5-year period, rated against 231 and 201 US Technology Funds, respectively. The iShares Semiconductor ETF received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 231, 201 and 155 US Technology Funds, respectively. The BlackRock Technology Opportunities Fund received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 231, 201 and 155 Technology Funds, respectively.

Morningstar Rankings are based on total return excluding sales charges, iShares Core S&P 500 ETF: Morningstar Category: US Fund Large Blend: ranked 1yr, 479/1415; 3yr, 286/1302; 5yr, 231/1192; 10yr, 77/888. iShares Core Dividend Growth ETF: Morningstar Category: US DIV and buyback TR USD: ranked 1yr, 569/1180; 3yr, 450/1099; 5yr, 256/1035. Equity Dividend: 1 Year 765/1,180; 3 Year 649/1,099; 5 Year 500/1,035; 10 Year 179/809. iShares MSCI USA Value Factor ETF: Morningstar Category: US Fund Large Value: ranked 1yr, 752/1180; 3yr, 1058/1099; 5yr, 871/1035; 10yr, 558/809. iShares MSCI USA Momentum Factor ETF: Morningstar Category: US Fund Large Growth: ranked 1yr, 192/1162; 3yr, 723/1092; 5yr, 863/1019; 10yr, 469/794. BlackRock Large Cap Focus Growth*: 1 Year 225/1,162; 3 Year 575/1,092; 5 Year 447/1,019; 10 Year 101/794. BlackRock Unconstrained Equity Fund: Morningstar Category: US Fund Large Growth: 1 Year 205/343; 3 Year 13/321; 5 Year 26/277; 10 Year 66/188. iShares Core MSCI EAFE ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 366/734; 3yr, 208/679; 5yr, 268/639; 10yr, 117/421. iShares International Equity Factor ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 145/734; 3yr, 121/679; 5yr, 382/639. iShares MSCI Intl Quality Factor ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 166/734; 3yr, 93/679; 5yr, 77/639. The BlackRock International Dividend: 1 Year 486/734; 3 Year 26/679; 5 Year 64/639; 10 Year 138/421. BlackRock International Fund: 1 Year 103/351; 3 Year 240/338; 5 Year 58/320; 10 Year 50/240. iShares Core MSCI Emerging Markets ETF: Morningstar Category: US Fund Diversified Emerging Mkts: ranked 1yr, 359/804; 3yr, 285/718; 5yr, 283/646; 10yr, 179/423. iShares MSCI Emerging Markets Min Vol Factor ETF: Morningstar Category: US Fund Diversified Emerging Mkts: ranked 1yr, 609/804; 3yr, 134/718; 5yr, 441/646; 10yr, 278/423. BlackRock Emerging Markets: 1 Year 648/804; 3 Year 522/718; 5 Year 325/646; 10 Year 129/423. iShares U.S. Consumer Staples ETF: Morningstar Category: US Fund Consumer Defensive: ranked 1yr, 20/28; 3yr, 6/25; 5yr, 1/25; 10yr, 2/20. iShares U.S. Utilities ETF: Morningstar Category: US Fund Utilities: ranked 1yr, 36/60; 3yr, 27/59; 5yr, 37/58; 10yr, 10/51. BlackRock Health Science Opportunities: Morningstar Category: US Fund Health: ranked 1 Year 57/176; 3 Year 44/161; 5 Year 34/139; 10 Year 3/114. iShares Robotics and Artificial Intelligence Multisector ETF: Morningstar Category: US Fund Technology: ranked 1yr, 241/263; 3yr, 200/231; 5yr, 178/201. iShares Semiconductor ETF: Morningstar Category: US Fund Technology: ranked 1yr, 22/263; 3yr, 9/231; 5yr, 8/201; 10yr, 7/155. BlackRock Technology Opportunities Fund: Morningstar Category: US Fund Technology: 1 Year 62/263; 3 Year 151/231; 5 Year 82/201; 10 Year 41/155.

*Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics, which are based on risk-adjusted returns, as of the date stated. Funds are rated from one to five stars, with the best performers receiving five stars and the worst performers receiving as single star.

Source: Morningstar 6/30/24

Past performance does not guarantee future results. Morningstar ratings are based on risk adjusted returns. Morningstar rankings are based on total return. For more information on the Morningstar ratings and rankings please see the end of this page.

Percentile rank is a standardized way of ranking items within a peer group, in this case, funds with the same Morningstar category. The observation with the largest numerical value is ranked one; the observation with the smallest numerical value is ranked 100. The remaining observations are placed equal distance from one another on the rating scale. Note that lower percentile ranks are generally more favorable for returns (high returns), while higher percentile ranks are generally more favorable for risk measures (low risk).

The funds listed in the table above have been chosen by iShares product strategists to help represent potential investor portfolio objectives. The scope of the funds under consideration are iShares and BlackRock ETF and mutual fund offerings. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular and is subject to change.

As of 6/30/2024, the iShares Core S&P 500 ETF received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 1302, 1192 and 888 US Large Blend Funds, respectively. The iShares Core Dividend Growth ETF received a Morningstar Rating of 3 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Value Funds, respectively. The iShares MSCI USA Quality Factor ETF received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 1302, 1192 and 888 US Large Blend Funds, respectively. Equity Dividend Fund received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Blend Funds, respectively. The iShares MSCI USA Value Factor ETF received a Morningstar Rating of 1 star for the 3-year period, 1 star for the 5-year period and 2 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Value Funds, respectively. The iShares MSCI USA Momentum Factor ETF received a Morningstar Rating of 3 stars for the 3-year period, 2 stars for the 5-year period and 3 stars for the 10-year period, rated against 1092, 1019 and 794 US Large Growth Funds, respectively. The Large Cap Focus Growth Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1092, 1019 and 794 Large Growth Funds, respectively. The BlackRock Unconstrained Equity Fund received a Morningstar Rating 5 stars for the 3-year period, 4 stars for the 5-year period and 3 stars for the 10-year period, rated against 321, 277 and 188 Large Growth Funds, respectively. The iShares Core MSCI EAFE ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 679, 639 and 421 US Foreign Large Blend Funds, respectively. The iShares International Equity Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 3 stars for the 5-year period, rated against 679 and 639 US Foreign Large Blend Funds, respectively. The iShares MSCI Intl Quality Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 4 stars for the 5-year period, rated against 679 and 639 US Foreign Large Blend Funds, respectively. The International Dividend received a Morningstar Rating of 5 stars for the 3-year period, 5 stars for the 5-year period and 4 stars for the 10-year period, rated against 679, 639 and 421 US Foreign Large Blend Funds, respectively. The International Fund received a Morningstar Rating of 3 star for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 338, 320 and 240 Foreign Large Blend Funds, respectively. The iShares Core MSCI Emerging Markets received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 3 stars for the 10-year period, rated against 718, 646 and 423 US Diversified Emerging Markets Funds, respectively. The iShares MSCI Emerging Markets Min Vol Factor ETF received a Morningstar Rating of 4 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 718, 646 and 423 US Diversified Emerging Markets Funds, respectively. The Emerging Markets Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 423 stars for the 10-year period, rated against 718, 646 and 423 Diversified Emerging Mkts Funds, respectively. The iShares U.S. Consumer Staples ETF received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 25, 25 and 20 US Consumer Defensive Funds, respectively. The iShares U.S. Utilities ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 59, 58 and 51 US Utilities Funds, respectively. The BlackRock Health Science Opportunities received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 161, 139 and 114 Health Funds, respectively. The iShares Robotics and Artificial Opportunities received a Morningstar Rating of 2 stars for the 3-year period and 2 stars for the 5-year period, rated against 231 and 201 US Technology Funds, respectively. The iShares Semiconductor ETF received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 231, 201 and 155 US Technology Funds, respectively. The BlackRock Technology Opportunities Fund received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 231, 201 and 155 Technology Funds, respectively.

Morningstar Rankings are based on total return excluding sales charges, iShares Core S&P 500 ETF: Morningstar Category: US Fund Large Blend: ranked 1yr, 479/1415; 3yr, 286/1302; 5yr, 231/1192; 10yr, 77/888. iShares Core Dividend Growth ETF: Morningstar Category: US DIV and buyback TR USD: ranked 1yr, 569/1180; 3yr, 450/1099; 5yr, 256/1035. Equity Dividend: 1 Year 765/1,180; 3 Year 649/1,099; 5 Year 500/1,035; 10 Year 179/809. iShares MSCI USA Value Factor ETF: Morningstar Category: US Fund Large Value: ranked 1yr, 752/1180; 3yr, 1058/1099; 5yr, 871/1035; 10yr, 558/809. iShares MSCI USA Momentum Factor ETF: Morningstar Category: US Fund Large Growth: ranked 1yr, 192/1162; 3yr, 723/1092; 5yr, 863/1019; 10yr, 469/794. BlackRock Large Cap Focus Growth*: 1 Year 225/1,162; 3 Year 575/1,092; 5 Year 447/1,019; 10 Year 101/794. BlackRock Unconstrained Equity Fund: Morningstar Category: US Fund Large Growth: 1 Year 205/343; 3 Year 13/321; 5 Year 26/277; 10 Year 66/188. iShares Core MSCI EAFE ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 366/734; 3yr, 208/679; 5yr, 268/639; 10yr, 117/421. iShares International Equity Factor ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 145/734; 3yr, 121/679; 5yr, 382/639. iShares MSCI Intl Quality Factor ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 166/734; 3yr, 93/679; 5yr, 77/639. The BlackRock International Dividend: 1 Year 486/734; 3 Year 26/679; 5 Year 64/639; 10 Year 138/421. BlackRock International Fund: 1 Year 103/351; 3 Year 240/338; 5 Year 58/320; 10 Year 50/240. iShares Core MSCI Emerging Markets ETF: Morningstar Category: US Fund Diversified Emerging Mkts: ranked 1yr, 359/804; 3yr, 285/718; 5yr, 283/646; 10yr, 179/423. iShares MSCI Emerging Markets Min Vol Factor ETF: Morningstar Category: US Fund Diversified Emerging Mkts: ranked 1yr, 609/804; 3yr, 134/718; 5yr, 441/646; 10yr, 278/423. BlackRock Emerging Markets: 1 Year 648/804; 3 Year 522/718; 5 Year 325/646; 10 Year 129/423. iShares U.S. Consumer Staples ETF: Morningstar Category: US Fund Consumer Defensive: ranked 1yr, 20/28; 3yr, 6/25; 5yr, 1/25; 10yr, 2/20. iShares U.S. Utilities ETF: Morningstar Category: US Fund Utilities: ranked 1yr, 36/60; 3yr, 27/59; 5yr, 37/58; 10yr, 10/51. BlackRock Health Science Opportunities: Morningstar Category: US Fund Health: ranked 1 Year 57/176; 3 Year 44/161; 5 Year 34/139; 10 Year 3/114. iShares Robotics and Artificial Intelligence Multisector ETF: Morningstar Category: US Fund Technology: ranked 1yr, 241/263; 3yr, 200/231; 5yr, 178/201. iShares Semiconductor ETF: Morningstar Category: US Fund Technology: ranked 1yr, 22/263; 3yr, 9/231; 5yr, 8/201; 10yr, 7/155. BlackRock Technology Opportunities Fund: Morningstar Category: US Fund Technology: 1 Year 62/263; 3 Year 151/231; 5 Year 82/201; 10 Year 41/155.

*Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics, which are based on risk-adjusted returns, as of the date stated. Funds are rated from one to five stars, with the best performers receiving five stars and the worst performers receiving as single star.

Source: Morningstar 6/30/24

Past performance does not guarantee future results. Morningstar ratings are based on risk adjusted returns. Morningstar rankings are based on total return. For more information on the Morningstar ratings and rankings please see the end of this page.

Percentile rank is a standardized way of ranking items within a peer group, in this case, funds with the same Morningstar category. The observation with the largest numerical value is ranked one; the observation with the smallest numerical value is ranked 100. The remaining observations are placed equal distance from one another on the rating scale. Note that lower percentile ranks are generally more favorable for returns (high returns), while higher percentile ranks are generally more favorable for risk measures (low risk).

The funds listed in the table above have been chosen by iShares product strategists to help represent potential investor portfolio objectives. The scope of the funds under consideration are iShares and BlackRock ETF and mutual fund offerings. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular and is subject to change.

As of 6/30/2024, the iShares Core S&P 500 ETF received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 1302, 1192 and 888 US Large Blend Funds, respectively. The iShares Core Dividend Growth ETF received a Morningstar Rating of 3 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Value Funds, respectively. The iShares MSCI USA Quality Factor ETF received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 1302, 1192 and 888 US Large Blend Funds, respectively. Equity Dividend Fund received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Blend Funds, respectively. The iShares MSCI USA Value Factor ETF received a Morningstar Rating of 1 star for the 3-year period, 1 star for the 5-year period and 2 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Value Funds, respectively. The iShares MSCI USA Momentum Factor ETF received a Morningstar Rating of 3 stars for the 3-year period, 2 stars for the 5-year period and 3 stars for the 10-year period, rated against 1092, 1019 and 794 US Large Growth Funds, respectively. The Large Cap Focus Growth Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1092, 1019 and 794 Large Growth Funds, respectively. The BlackRock Unconstrained Equity Fund received a Morningstar Rating 5 stars for the 3-year period, 4 stars for the 5-year period and 3 stars for the 10-year period, rated against 321, 277 and 188 Large Growth Funds, respectively. The iShares Core MSCI EAFE ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 679, 639 and 421 US Foreign Large Blend Funds, respectively. The iShares International Equity Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 3 stars for the 5-year period, rated against 679 and 639 US Foreign Large Blend Funds, respectively. The iShares MSCI Intl Quality Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 4 stars for the 5-year period, rated against 679 and 639 US Foreign Large Blend Funds, respectively. The International Dividend received a Morningstar Rating of 5 stars for the 3-year period, 5 stars for the 5-year period and 4 stars for the 10-year period, rated against 679, 639 and 421 US Foreign Large Blend Funds, respectively. The International Fund received a Morningstar Rating of 3 star for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 338, 320 and 240 Foreign Large Blend Funds, respectively. The iShares Core MSCI Emerging Markets received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 3 stars for the 10-year period, rated against 718, 646 and 423 US Diversified Emerging Markets Funds, respectively. The iShares MSCI Emerging Markets Min Vol Factor ETF received a Morningstar Rating of 4 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 718, 646 and 423 US Diversified Emerging Markets Funds, respectively. The Emerging Markets Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 423 stars for the 10-year period, rated against 718, 646 and 423 Diversified Emerging Mkts Funds, respectively. The iShares U.S. Consumer Staples ETF received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 25, 25 and 20 US Consumer Defensive Funds, respectively. The iShares U.S. Utilities ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 59, 58 and 51 US Utilities Funds, respectively. The BlackRock Health Science Opportunities received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 161, 139 and 114 Health Funds, respectively. The iShares Robotics and Artificial Opportunities received a Morningstar Rating of 2 stars for the 3-year period and 2 stars for the 5-year period, rated against 231 and 201 US Technology Funds, respectively. The iShares Semiconductor ETF received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 231, 201 and 155 US Technology Funds, respectively. The BlackRock Technology Opportunities Fund received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 231, 201 and 155 Technology Funds, respectively.

Morningstar Rankings are based on total return excluding sales charges, iShares Core S&P 500 ETF: Morningstar Category: US Fund Large Blend: ranked 1yr, 479/1415; 3yr, 286/1302; 5yr, 231/1192; 10yr, 77/888. iShares Core Dividend Growth ETF: Morningstar Category: US DIV and buyback TR USD: ranked 1yr, 569/1180; 3yr, 450/1099; 5yr, 256/1035. Equity Dividend: 1 Year 765/1,180; 3 Year 649/1,099; 5 Year 500/1,035; 10 Year 179/809. iShares MSCI USA Value Factor ETF: Morningstar Category: US Fund Large Value: ranked 1yr, 752/1180; 3yr, 1058/1099; 5yr, 871/1035; 10yr, 558/809. iShares MSCI USA Momentum Factor ETF: Morningstar Category: US Fund Large Growth: ranked 1yr, 192/1162; 3yr, 723/1092; 5yr, 863/1019; 10yr, 469/794. BlackRock Large Cap Focus Growth*: 1 Year 225/1,162; 3 Year 575/1,092; 5 Year 447/1,019; 10 Year 101/794. BlackRock Unconstrained Equity Fund: Morningstar Category: US Fund Large Growth: 1 Year 205/343; 3 Year 13/321; 5 Year 26/277; 10 Year 66/188. iShares Core MSCI EAFE ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 366/734; 3yr, 208/679; 5yr, 268/639; 10yr, 117/421. iShares International Equity Factor ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 145/734; 3yr, 121/679; 5yr, 382/639. iShares MSCI Intl Quality Factor ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 166/734; 3yr, 93/679; 5yr, 77/639. The BlackRock International Dividend: 1 Year 486/734; 3 Year 26/679; 5 Year 64/639; 10 Year 138/421. BlackRock International Fund: 1 Year 103/351; 3 Year 240/338; 5 Year 58/320; 10 Year 50/240. iShares Core MSCI Emerging Markets ETF: Morningstar Category: US Fund Diversified Emerging Mkts: ranked 1yr, 359/804; 3yr, 285/718; 5yr, 283/646; 10yr, 179/423. iShares MSCI Emerging Markets Min Vol Factor ETF: Morningstar Category: US Fund Diversified Emerging Mkts: ranked 1yr, 609/804; 3yr, 134/718; 5yr, 441/646; 10yr, 278/423. BlackRock Emerging Markets: 1 Year 648/804; 3 Year 522/718; 5 Year 325/646; 10 Year 129/423. iShares U.S. Consumer Staples ETF: Morningstar Category: US Fund Consumer Defensive: ranked 1yr, 20/28; 3yr, 6/25; 5yr, 1/25; 10yr, 2/20. iShares U.S. Utilities ETF: Morningstar Category: US Fund Utilities: ranked 1yr, 36/60; 3yr, 27/59; 5yr, 37/58; 10yr, 10/51. BlackRock Health Science Opportunities: Morningstar Category: US Fund Health: ranked 1 Year 57/176; 3 Year 44/161; 5 Year 34/139; 10 Year 3/114. iShares Robotics and Artificial Intelligence Multisector ETF: Morningstar Category: US Fund Technology: ranked 1yr, 241/263; 3yr, 200/231; 5yr, 178/201. iShares Semiconductor ETF: Morningstar Category: US Fund Technology: ranked 1yr, 22/263; 3yr, 9/231; 5yr, 8/201; 10yr, 7/155. BlackRock Technology Opportunities Fund: Morningstar Category: US Fund Technology: 1 Year 62/263; 3 Year 151/231; 5 Year 82/201; 10 Year 41/155.

*Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics, which are based on risk-adjusted returns, as of the date stated. Funds are rated from one to five stars, with the best performers receiving five stars and the worst performers receiving as single star.

Source: Morningstar 6/30/24

Past performance does not guarantee future results. Morningstar ratings are based on risk adjusted returns. Morningstar rankings are based on total return. For more information on the Morningstar ratings and rankings please see the end of this page.

Percentile rank is a standardized way of ranking items within a peer group, in this case, funds with the same Morningstar category. The observation with the largest numerical value is ranked one; the observation with the smallest numerical value is ranked 100. The remaining observations are placed equal distance from one another on the rating scale. Note that lower percentile ranks are generally more favorable for returns (high returns), while higher percentile ranks are generally more favorable for risk measures (low risk).

The funds listed in the table above have been chosen by iShares product strategists to help represent potential investor portfolio objectives. The scope of the funds under consideration are iShares and BlackRock ETF and mutual fund offerings. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular and is subject to change.

As of 6/30/2024, the iShares Core S&P 500 ETF received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 1302, 1192 and 888 US Large Blend Funds, respectively. The iShares Core Dividend Growth ETF received a Morningstar Rating of 3 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Value Funds, respectively. The iShares MSCI USA Quality Factor ETF received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 1302, 1192 and 888 US Large Blend Funds, respectively. Equity Dividend Fund received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Blend Funds, respectively. The iShares MSCI USA Value Factor ETF received a Morningstar Rating of 1 star for the 3-year period, 1 star for the 5-year period and 2 stars for the 10-year period, rated against 1099, 1035 and 809 US Large Value Funds, respectively. The iShares MSCI USA Momentum Factor ETF received a Morningstar Rating of 3 stars for the 3-year period, 2 stars for the 5-year period and 3 stars for the 10-year period, rated against 1092, 1019 and 794 US Large Growth Funds, respectively. The Large Cap Focus Growth Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 1092, 1019 and 794 Large Growth Funds, respectively. The BlackRock Unconstrained Equity Fund received a Morningstar Rating 5 stars for the 3-year period, 4 stars for the 5-year period and 3 stars for the 10-year period, rated against 321, 277 and 188 Large Growth Funds, respectively. The iShares Core MSCI EAFE ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 679, 639 and 421 US Foreign Large Blend Funds, respectively. The iShares International Equity Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 3 stars for the 5-year period, rated against 679 and 639 US Foreign Large Blend Funds, respectively. The iShares MSCI Intl Quality Factor ETF received a Morningstar Rating of 4 stars for the 3-year period and 4 stars for the 5-year period, rated against 679 and 639 US Foreign Large Blend Funds, respectively. The International Dividend received a Morningstar Rating of 5 stars for the 3-year period, 5 stars for the 5-year period and 4 stars for the 10-year period, rated against 679, 639 and 421 US Foreign Large Blend Funds, respectively. The International Fund received a Morningstar Rating of 3 star for the 3-year period, 4 stars for the 5-year period and 4 stars for the 10-year period, rated against 338, 320 and 240 Foreign Large Blend Funds, respectively. The iShares Core MSCI Emerging Markets received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 3 stars for the 10-year period, rated against 718, 646 and 423 US Diversified Emerging Markets Funds, respectively. The iShares MSCI Emerging Markets Min Vol Factor ETF received a Morningstar Rating of 4 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 718, 646 and 423 US Diversified Emerging Markets Funds, respectively. The Emerging Markets Fund received a Morningstar Rating of 2 stars for the 3-year period, 3 stars for the 5-year period and 423 stars for the 10-year period, rated against 718, 646 and 423 Diversified Emerging Mkts Funds, respectively. The iShares U.S. Consumer Staples ETF received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 25, 25 and 20 US Consumer Defensive Funds, respectively. The iShares U.S. Utilities ETF received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 59, 58 and 51 US Utilities Funds, respectively. The BlackRock Health Science Opportunities received a Morningstar Rating of 4 stars for the 3-year period, 4 stars for the 5-year period and 5 stars for the 10-year period, rated against 161, 139 and 114 Health Funds, respectively. The iShares Robotics and Artificial Opportunities received a Morningstar Rating of 2 stars for the 3-year period and 2 stars for the 5-year period, rated against 231 and 201 US Technology Funds, respectively. The iShares Semiconductor ETF received a Morningstar Rating of 4 stars for the 3-year period, 5 stars for the 5-year period and 5 stars for the 10-year period, rated against 231, 201 and 155 US Technology Funds, respectively. The BlackRock Technology Opportunities Fund received a Morningstar Rating of 3 stars for the 3-year period, 3 stars for the 5-year period and 4 stars for the 10-year period, rated against 231, 201 and 155 Technology Funds, respectively.

Morningstar Rankings are based on total return excluding sales charges, iShares Core S&P 500 ETF: Morningstar Category: US Fund Large Blend: ranked 1yr, 479/1415; 3yr, 286/1302; 5yr, 231/1192; 10yr, 77/888. iShares Core Dividend Growth ETF: Morningstar Category: US DIV and buyback TR USD: ranked 1yr, 569/1180; 3yr, 450/1099; 5yr, 256/1035. Equity Dividend: 1 Year 765/1,180; 3 Year 649/1,099; 5 Year 500/1,035; 10 Year 179/809. iShares MSCI USA Value Factor ETF: Morningstar Category: US Fund Large Value: ranked 1yr, 752/1180; 3yr, 1058/1099; 5yr, 871/1035; 10yr, 558/809. iShares MSCI USA Momentum Factor ETF: Morningstar Category: US Fund Large Growth: ranked 1yr, 192/1162; 3yr, 723/1092; 5yr, 863/1019; 10yr, 469/794. BlackRock Large Cap Focus Growth*: 1 Year 225/1,162; 3 Year 575/1,092; 5 Year 447/1,019; 10 Year 101/794. BlackRock Unconstrained Equity Fund: Morningstar Category: US Fund Large Growth: 1 Year 205/343; 3 Year 13/321; 5 Year 26/277; 10 Year 66/188. iShares Core MSCI EAFE ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 366/734; 3yr, 208/679; 5yr, 268/639; 10yr, 117/421. iShares International Equity Factor ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 145/734; 3yr, 121/679; 5yr, 382/639. iShares MSCI Intl Quality Factor ETF: Morningstar Category: US Fund Foreign Large Blend: ranked 1yr, 166/734; 3yr, 93/679; 5yr, 77/639. The BlackRock International Dividend: 1 Year 486/734; 3 Year 26/679; 5 Year 64/639; 10 Year 138/421. BlackRock International Fund: 1 Year 103/351; 3 Year 240/338; 5 Year 58/320; 10 Year 50/240. iShares Core MSCI Emerging Markets ETF: Morningstar Category: US Fund Diversified Emerging Mkts: ranked 1yr, 359/804; 3yr, 285/718; 5yr, 283/646; 10yr, 179/423. iShares MSCI Emerging Markets Min Vol Factor ETF: Morningstar Category: US Fund Diversified Emerging Mkts: ranked 1yr, 609/804; 3yr, 134/718; 5yr, 441/646; 10yr, 278/423. BlackRock Emerging Markets: 1 Year 648/804; 3 Year 522/718; 5 Year 325/646; 10 Year 129/423. iShares U.S. Consumer Staples ETF: Morningstar Category: US Fund Consumer Defensive: ranked 1yr, 20/28; 3yr, 6/25; 5yr, 1/25; 10yr, 2/20. iShares U.S. Utilities ETF: Morningstar Category: US Fund Utilities: ranked 1yr, 36/60; 3yr, 27/59; 5yr, 37/58; 10yr, 10/51. BlackRock Health Science Opportunities: Morningstar Category: US Fund Health: ranked 1 Year 57/176; 3 Year 44/161; 5 Year 34/139; 10 Year 3/114. iShares Robotics and Artificial Intelligence Multisector ETF: Morningstar Category: US Fund Technology: ranked 1yr, 241/263; 3yr, 200/231; 5yr, 178/201. iShares Semiconductor ETF: Morningstar Category: US Fund Technology: ranked 1yr, 22/263; 3yr, 9/231; 5yr, 8/201; 10yr, 7/155. BlackRock Technology Opportunities Fund: Morningstar Category: US Fund Technology: 1 Year 62/263; 3 Year 151/231; 5 Year 82/201; 10 Year 41/155.

See how our equity offerings can fit into your clients' portfolios

BlackRock offers a variety of portfolio and investment tools to help financial professionals build an asset allocation that best fits their clients’ portfolios. Use our tools for reliable, unbiased data for BlackRock & non-BlackRock ETFs and mutual funds.

Assess fund health with Investment Quality

With Investment Quality (IQ), identify the health of individual mutual funds and ETFs across your book and proactively identify potential opportunities to make changes.

View fund quality across portfolios View fund quality across portfolios