iShares S&P Small-Cap 600 Value ETF IJS Strategy

The investment seeks to track the investment results of the S&P SmallCap 600 Value IndexTM composed of small-capitalization U.S. equities that exhibit value characteristics. The fund seeks to track the investment results of the S&P SmallCap 600 Value IndexTM (the “underlying index”), which measures the performance of the small-capitalization value sector of the U.S. equity market. It is a subset of the S&P SmallCap 600® (the “Parent Index”) and consists of those stocks in the Parent Index exhibiting the strongest value characteristics, as determined by S&P Dow Jones Indices LLC (the “index provider” or “SPDJI”), a subsidiary of S&P Global, Inc.