# EDGAR Filing Document

**Accession Number:** 0001804196
**File Stem:** 0001193125-26-010614
**Filing Date:** 2026-1
**Character Count:** 14585
**Document Hash:** 44712cf95b7cbc67bb40d2e551f8abcb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-010614.hdr.sgml**: 20260112

**ACCESSION NUMBER**: 0001193125-26-010614

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260112

**DATE AS OF CHANGE**: 20260112

**EFFECTIVENESS DATE**: 20260112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust II
- **CENTRAL INDEX KEY:** 0001804196

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-236575
- **FILM NUMBER:** 26527681

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800 882 0052

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### iShares Large Cap Moderate Quarterly Laddered ETF (Series ID: S000080645)

---

|  |  |
|:---|:---|
| Class Name                                        | Class ID   |
| iShares Large Cap Moderate Quarterly Laddered ETF | C000243161 |

---

### iShares Large Cap Deep Quarterly Laddered ETF (Series ID: S000080646)

---

|  |  |
|:---|:---|
| Class Name                                    | Class ID   |
| iShares Large Cap Deep Quarterly Laddered ETF | C000243162 |

---

## Series and Classes Contracts Data

### iShares Large Cap Moderate Quarterly Laddered ETF (Series ID: S000080645)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000243161 | iShares Large Cap Moderate Quarterly Laddered ETF |  |

### iShares Large Cap Deep Quarterly Laddered ETF (Series ID: S000080646)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000243162 | iShares Large Cap Deep Quarterly Laddered ETF |  |

**BLACKROCK ETF TRUST II** 

iShares Large Cap Moderate Quarterly Laddered ETF

iShares Large Cap Deep Quarterly Laddered ETF

**(the "Funds")** 

**Supplement dated January 12, 2026** 

**to the Statement of Additional Information of the Funds (the "SAI"), dated October 1, 2025, as amended or supplemented to date** 

**Effective immediately, the following change is made to the Funds' SAI:** 

**The chart listing investments and investment strategies in the section of the Funds' SAI entitled "Part I: Information About iShares Large Cap Moderate Quarterly Laddered ETF and iShares Large Cap Deep Quarterly Laddered ETF – Investment Objective and Policies" as it relates to the Funds is deleted in its entirety and replaced with the following:** 

---

| | | |
|:---|:---|:---|
|  | **iShares Large<br>Cap Moderate<br>Quarterly<br>Laddered ETF** | **iShares Large<br>Cap Deep<br>Quarterly<br>Laddered ETF** |
| &nbsp;&nbsp;&nbsp; **Asset-Backed Securities** | X | X |
| &nbsp;&nbsp;&nbsp; **Asset-Based Securities** | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Precious Metal-Related Securities | X | X |
| &nbsp;&nbsp;&nbsp; **Borrowing and Leverage** | X | X |
| &nbsp;&nbsp;&nbsp; **Cash Management** | X | X |
| &nbsp;&nbsp;&nbsp; **Collateralized Debt Obligations** | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Collateralized Bond Obligations | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Collateralized Loan Obligations | | |
| &nbsp;&nbsp;&nbsp; **Commercial Paper** | X | X |
| &nbsp;&nbsp;&nbsp; **Commodity-Linked Derivative Instruments and Hybrid Instruments** | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Qualifying Hybrid Instruments | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Hybrid Instruments Without Principal Protection | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Limitations on Leverage | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty Risk | | |
| &nbsp;&nbsp;&nbsp; **Convertible Securities** | | |
| &nbsp;&nbsp;&nbsp; **Corporate Loans** | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Direct Lending | | |
| &nbsp;&nbsp;&nbsp; **Credit Linked Securities** | | |
| &nbsp;&nbsp;&nbsp; **Cyber Security Issues** | X | X |
| &nbsp;&nbsp;&nbsp; **Debt Securities** | X | X |
| &nbsp;&nbsp;&nbsp; Floating Rate and Variable Rate Securities | | |
| &nbsp;&nbsp;&nbsp; Inflation-Indexed Bonds | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Investment Grade Debt Obligations | | |
| &nbsp;&nbsp;&nbsp;&nbsp; <u>High Yield Investments ("Junk Bonds")</u> | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mezzanine Investments | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Pay-in-kind Bonds | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Supranational Entities | | |

---

------

---

| | | |
|:---|:---|:---|
|  | **iShares Large<br>Cap Moderate<br>Quarterly<br>Laddered ETF** | **iShares Large<br>Cap Deep<br>Quarterly<br>Laddered ETF** |
| &nbsp;&nbsp;&nbsp; **Depositary Receipts (ADRs, EDRs and GDRs)** |  |  |
| &nbsp;&nbsp;&nbsp; **Derivatives** | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Hedging | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Speculation | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; <u>Risk Factors in Derivatives</u> | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Correlation Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Counterparty Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illiquidity Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Leverage Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Market Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Volatility Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Futures | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; <u>Swap Agreements</u> | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit Default Swaps and Similar Instruments |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Swaps, Floors and Caps |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Return Swaps | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; <u>Options</u> | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options on Securities and Securities Indices | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Call Options | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Put Options | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options on Government National Mortgage Association ("GNMA") Certificates |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Options on Swaps ("Swaptions") | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FLEX Options | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; <u>Foreign Exchange Transactions</u> | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Spot Transactions and FX Forwards | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency Futures | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency Options | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Currency Swaps | X | X |
| &nbsp;&nbsp;&nbsp; **Distressed Securities** |  |  |
| &nbsp;&nbsp;&nbsp; **Environmental, Social and Governance ("ESG") Integration** |  |  |
| &nbsp;&nbsp;&nbsp; **Equity Securities** | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real Estate-Related Securities | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Securities of Smaller or Emerging Growth Companies | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tracking Stocks | X | X |

---

------

---

| | | |
|:---|:---|:---|
|  | **iShares Large<br>Cap Moderate<br>Quarterly<br>Laddered ETF** | **iShares Large<br>Cap Deep<br>Quarterly<br>Laddered ETF** |
| &nbsp;&nbsp;&nbsp; **Exchange-Traded Notes ("ETNs")** |  |  |
| &nbsp;&nbsp;&nbsp; **Foreign Investments** | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Investment Risks | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Market Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Foreign Economy Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Currency Risk and Exchange Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Governmental Supervision and Regulation/Accounting Standards | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Certain Risks of Holding Fund Assets Outside the United States | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Publicly Available Information | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Settlement Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Debt | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Withholding Tax Reclaims Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Economic Trading Partners Risk | X | X |
| &nbsp;&nbsp;&nbsp; **Funding Agreements** |  |  |
| &nbsp;&nbsp;&nbsp; **Guarantees** |  |  |
| &nbsp;&nbsp;&nbsp; **Illiquid Investments** | X | X |
| &nbsp;&nbsp;&nbsp; **Index Funds** | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash Flows; Expenses | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Tracking Error Risk | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; S&P 500 Index | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Russell Indexes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; MSCI Indexes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; FTSE Indexes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Bloomberg Indexes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; ICE BofA Indexes |  |  |
| &nbsp;&nbsp;&nbsp; **Indexed and Inverse Securities** | X | X |
| &nbsp;&nbsp;&nbsp; **Inflation Risk** | X | X |
| &nbsp;&nbsp;&nbsp; **Initial Public Offering ("IPO") Risk** | X | X |
| &nbsp;&nbsp;&nbsp; **Investment in Emerging Markets** | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Brady Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; China Investments Risk | X | X |
| &nbsp;&nbsp;&nbsp; **Investment in Other Investment Companies** | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp; Exchange-Traded Funds | X | X |
| &nbsp;&nbsp;&nbsp; **Issuer Insolvency Risk** | X | X |
| &nbsp;&nbsp;&nbsp; **Lease Obligations** |  |  |
| &nbsp;&nbsp;&nbsp; **Life Settlement Investments** |  |  |
| &nbsp;&nbsp;&nbsp; **Liquidity Risk Management** | X | X |
| &nbsp;&nbsp;&nbsp; **Master Limited Partnerships** |  |  |

---

------

---

| | | |
|:---|:---|:---|
|  | **iShares Large<br>Cap Moderate<br>Quarterly<br>Laddered ETF** | **iShares Large<br>Cap Deep<br>Quarterly<br>Laddered ETF** |
| &nbsp;&nbsp;&nbsp; **Merger Transaction Risk** | X | X |
| &nbsp;&nbsp;&nbsp;**Money Market Obligations of Domestic Banks, Foreign Banks and Foreign Branches of U.S. Banks** | X | X |
| &nbsp;&nbsp;&nbsp; **Money Market Securities** | X | X |
| &nbsp;&nbsp;&nbsp; **Mortgage-Related Securities** | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Mortgage-Backed Securities | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Collateralized Mortgage Obligations ("CMOs") | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Adjustable Rate Mortgage Securities | | |
| &nbsp;&nbsp;&nbsp;&nbsp; CMO Residuals | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Stripped Mortgage-Backed Securities | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Tiered Index Bonds | | |
| &nbsp;&nbsp;&nbsp;&nbsp; TBA Commitments | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Mortgage Dollar Rolls | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Net Interest Margin (NIM) Securities | | |
| &nbsp;&nbsp;&nbsp; **Municipal Investments** | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Risk Factors and Special Considerations Relating to Municipal Bonds | | |
| &nbsp;&nbsp;&nbsp;&nbsp; <u>Description of Municipal Bonds</u> | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General Obligation Bonds | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Revenue Bonds | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Private Activity Bonds ("PABs") | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Moral Obligation Bonds | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Notes | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Commercial Paper | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Lease Obligations | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bonds | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Yields | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Variable Rate Demand Obligations ("VRDOs") | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transactions in Financial Futures Contracts on Municipal Indexes | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Call Rights | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Interest Rate Swap Transactions | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Insured Municipal Bonds | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build America Bonds | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Tax-Exempt Municipal Investments | | |
| &nbsp;&nbsp;&nbsp; **Participation Notes** | | |
| &nbsp;&nbsp;&nbsp; **Portfolio Turnover Rates** | X | X |
| &nbsp;&nbsp;&nbsp; **Preferred Stock** | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Tax-Exempt Preferred Shares | | |
| &nbsp;&nbsp;&nbsp;&nbsp; Trust Preferred Securities | | |

---

------

---

| | | |
|:---|:---|:---|
|  | **iShares Large<br>Cap Moderate<br>Quarterly<br>Laddered ETF** | **iShares Large<br>Cap Deep<br>Quarterly<br>Laddered ETF** |
| &nbsp;&nbsp;&nbsp; **Proxy Voting Policies** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <u>Open-End Active and Fixed Income Index Fund Proxy Voting Policy</u> | X | X |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BlackRock Active Investment Stewardship Climate and Decarbonization Stewardship Guidelines |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; <u>Index Equity Fund Proxy Voting Policy</u> |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BlackRock Investment Stewardship Climate and Decarbonization Stewardship Guidelines |  |  |
| &nbsp;&nbsp;&nbsp; **Real Estate Investment Trusts ("REITs")** | X | X |
| &nbsp;&nbsp;&nbsp; **Recent Market Events** | X | X |
| &nbsp;&nbsp;&nbsp; **Reference Rate Replacement Risk** | X | X |
| &nbsp;&nbsp;&nbsp; **Repurchase Agreements and Purchase and Sale Contracts** | X | X |
| &nbsp;&nbsp;&nbsp; **Restricted Securities** | X | X |
| &nbsp;&nbsp;&nbsp; **Reverse Repurchase Agreements** | X | X |
| &nbsp;&nbsp;&nbsp; **Rights Offerings and Warrants to Purchase** |  |  |
| &nbsp;&nbsp;&nbsp; **Rule 144A Securities** | X | X |
| &nbsp;&nbsp;&nbsp; **Securities Lending** | X | X |
| &nbsp;&nbsp;&nbsp; **Short Sales** | X | X |
| &nbsp;&nbsp;&nbsp; **Special Purpose Acquisition Companies** |  |  |
| &nbsp;&nbsp;&nbsp; **Standby Commitment Agreements** |  |  |
| &nbsp;&nbsp;&nbsp; **Stripped Securities** |  |  |
| &nbsp;&nbsp;&nbsp; **Structured Notes** |  |  |
| &nbsp;&nbsp;&nbsp; **Taxability Risk** | X | X |
| &nbsp;&nbsp;&nbsp; **Temporary Defensive Measures** | X | X |
| &nbsp;&nbsp;&nbsp; **U.S. Government Obligations** | X | X |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Obligations | X | X |
| &nbsp;&nbsp;&nbsp; **U.S. Treasury Rolls** |  |  |
| &nbsp;&nbsp;&nbsp; **Utility Industries** | X | X |
| &nbsp;&nbsp;&nbsp;**When-Issued Securities, Delayed Delivery Securities and Forward Commitments** | X | X |
| &nbsp;&nbsp;&nbsp; **Yields and Ratings** | X | X |
| &nbsp;&nbsp;&nbsp; **Zero Coupon Securities** |  |  |

---

**Shareholders should retain this Supplement for future reference.** 

SAI-IVVMIVVB-0126SUP