iShares MSCI USA Value Factor Index ETF

XVLU seeks to provide long-term capital growth by replicating, to the extent possible, the performance, net of expenses, of an Index selected at the discretion of BlackRock Canada that measures the performance of U.S. equity securities identified by the Index Provider as exhibiting positive value characteristics. XVLU currently seeks to replicate the performance of the MSCI USA Enhanced Value Index. Under normal market conditions, XVLU will primarily invest in securities of one or more iShares ETFs and/or U.S. equity securities.