iShares Core Dividend Growth ETF - iShares US - BlackRock

1 DGROiShares core Dividend Growth ETFFact Sheet as of 06/30/2020 The iShares core Dividend Growth ETF seeks to track the investment results of an index composed of equities with a history of consistently growing DGRO?1 DGRO offers low-cost exposure to stocks focused on Dividend growth2 Access companies that have a history of sustained Dividend Growth and that are broadly diversified across industries3 Use at the core of your portfolio to seek incomeGROWTH OF 10,000 USD SINCE INCEPTIONFund Benchmark The Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were Year3 Year5 Year10 YearSince performance quoted represents past performance and does not guarantee futureresults. Investment return and principal value of an investment will fluctuate so that aninvestor s shares, when sold or redeemed, may be worth more or less than the originalcost.

2 Current performance may be lower or higher than the performance data current to the most recent month end may be obtained by visiting or returns are based upon the midpoint of the bid/ask spread at 4:00 eastern time(when NAV is normally determined for most ETFs), and do not represent the returns you wouldreceive if you traded shares at other FACTSFund Launch Date06/10/2014 Expense US Dividend Growth Index30 Day SEC of Holdings421 Net Assets$10,625,364,457 TickerDGROCUSIP46434V621 ExchangeNYSE ArcaTOP HOLDINGS (%)MICROSOFT & COMMUNICATIONS CHASE & & DEPOT are subject to is a measure of the tendency of securities to move with the market as awhole. A beta of 1 indicates that the security s price will move with themarket. A beta less than 1 indicates the security tends to be less volatilethan the market, while a beta greater than 1 indicates the security is morevolatile than the price to earnings ratio (P/E) is a fundamental measure used todetermine if an investment is valued appropriately.

3 Each holding's P/E is thelatest closing price divided by the latest fiscal year's earnings per P/E ratios are excluded from this calculation. For hedged funds, theunderlying fund s value is price to book (P/B) value ratio is a fundamental measure used todetermine if an investment is valued appropriately. The book value of acompany is a measure of how much a company's assets are worth assumingthe company's debts are paid off. Each holding's P/B is the latest closingprice divided by the latest fiscal year's book value per share. Negative bookvalues are excluded from this calculation. For hedged funds, the underlyingfund s value is to learn more? @iSharesCarefully consider the Fund's investment objectives, risk factors, and charges and expenses before investing. This and other information can befound in the Fund's prospectus, and if available, summary prospectus, which may be obtained by calling 1-800- iShares (1-800-474-2737) or byvisiting or Read the prospectus carefully before involves risk, including possible loss of is no guarantee that dividends will be companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquidthan larger capitalization may not protect against market risk or loss of principal.

4 Shares of iShares Funds are bought and sold at market price (not NAV) and are notindividually redeemed from the Fund. Brokerage commissions will reduce returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results."Acquired Fund Fees and Expenses" reflect the Fund's pro rata share of the indirect fees and expenses incurred by investing in one or more acquired funds,such as mutual funds, business development companies, or other pooled investment vehicles. AFFE are reflected in the prices of the acquired funds andthus included in the total returns of the Fund. The iShares Funds are distributed by BlackRock Investments, LLC (together with its affiliates, " BlackRock ").Morningstar is a servicemark of Morningstar, Inc.

5 , and has been licensed for use by BlackRock . The iShares Funds are not sponsored, endorsed, issued,sold or promoted by Morningstar, Inc. This company does not make any representation regarding the advisability of investing in the Funds. BlackRock is notaffiliated with the company listed above. 2020 BlackRock . All rights reserved. iShares , iBONDS and BlackRock are registered trademarks of BlackRock Inc, or its subsidiaries. All othermarks are the property of their respective MORE INFORMATION, VISIT OR CALL 1-800 iShares (1-800-474-2737)iS-DGRO-F0620 Not FDIC Insured - No Bank Guarantee - May Lose Value1191297 TOP SECTORS (%) and/or CHARACTERISTICSBeta vs. S&P Deviation (3yrs) to to Book AND EXPENSES BREAKDOWNE xpense Fund Fees and Taxes and Other