iShares iBonds 1-5 Year Corporate Ladder ETF

The fund's underlying index consists solely of iShares iBonds Corporate ETFs, each of which seeks to track its own underlying index. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in component securities and instruments of its underlying index and/or bonds included in the underlying indexes of the underlying funds. The fund is non-diversified.