HYBB vs. INRO ETF Comparison

Comparison of iShares BB Rated Corporate Bond ETF (HYBB) to BlackRock U.S. Industry Rotation ETF (INRO)

HYBB

iShares BB Rated Corporate Bond ETF

HYBB Description

The investment seeks to track the investment results of the ICE BofA BB US High Yield Constrained Index composed of BB, or equivalently rated, fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (BlackRock Cash Funds), as well as in securities not included in the index, but which BFA believes will help it track the index.

Grade (RS Rating)

Last Trade

$46.60

Average Daily Volume

53,807

Number of Holdings ^*

257

* may have additional holdings in another (foreign) market

INRO

BlackRock U.S. Industry Rotation ETF

INRO Description

INRO is targeted US equity exposure, actively managed by shifting the selection and weighting of the portfolio towards industries among the broad domestic market. Portfolio allocation is based on five potential sources of return: information regarding the current economic cycle, valuation, quality metrics, analyst expectation data and recent individual industry trends. The strategy aims to capture the potential alpha from the dispersion between industry allocations and the broad market. During temporary defensive periods, the fund may depart from this principal investment strategy to invest 100% of the portfolio in liquid, short-term securities. The fund may engage in active and frequent trading. Derivatives may also be used to seek returns or hedge exposure. Up to one-third of the value of the funds assets may be lending.

Grade (RS Rating)

Last Trade

$28.39

Average Daily Volume

3,548

Number of Holdings ^*

429

* may have additional holdings in another (foreign) market

Performance

Period	HYBB	INRO
30 Days	0.77%	5.09%
60 Days	-0.93%	6.25%
90 Days	0.18%	7.10%
12 Months	7.81%

34 Overlapping Holdings

Symbol	Grade	Weight in HYBB	Weight in INRO	Overlap
ACI	C	0.08%	0.01%	0.01%
ACM	A	0.14%	0.11%	0.11%
AES	F	0.05%	0.03%	0.03%
AIZ	A	0.06%	0.02%	0.02%
ALLY	C	0.07%	0.02%	0.02%
AVTR	F	0.11%	0.02%	0.02%
BALL	D	0.1%	0.08%	0.08%
BBWI	D	0.04%	0.02%	0.02%
BLDR	D	0.08%	0.15%	0.08%
CCK	C	0.06%	0.05%	0.05%
CHRD	D	0.04%	0.01%	0.01%
CRL	C	0.06%	0.01%	0.01%
CRWD	B	0.1%	0.12%	0.1%
EIX	B	0.07%	0.21%	0.07%
ENTG	D	0.05%	0.03%	0.03%
GDDY	A	0.09%	0.01%	0.01%
GEN	B	0.09%	0.02%	0.02%
IQV	D	0.08%	0.05%	0.05%
IRM	D	0.07%	0.04%	0.04%
NRG	B	0.06%	0.12%	0.06%
ON	D	0.1%	0.06%	0.06%
PCG	A	0.14%	0.26%	0.14%
PTC	A	0.07%	0.04%	0.04%
SBAC	D	0.2%	0.03%	0.03%
STX	D	0.04%	0.03%	0.03%
SYF	B	0.11%	0.18%	0.11%
TDG	D	0.16%	0.03%	0.03%
TWLO	A	0.06%	0.01%	0.01%
URI	B	0.07%	0.47%	0.07%
VRT	B	0.12%	0.16%	0.12%
VST	B	0.15%	0.19%	0.15%
WBA	F	0.03%	0.0%	0.0%
WDC	D	0.33%	0.04%	0.04%
ZBRA	B	0.08%	0.04%	0.04%

HYBB Overweight 223 Positions Relative to INRO

Symbol	Grade	Weight
JBLU	F	0.3%
INGM	F	0.29%
CCL	B	0.29%
UAL	A	0.27%
WFRD	D	0.25%
GTLS	B	0.23%
CZR	F	0.22%
GTN	F	0.2%
TLN	B	0.19%
JAZZ	B	0.19%
VAL	D	0.17%
POST	C	0.15%
SIRI	C	0.14%
COHR	B	0.14%
PFGC	B	0.14%
DVA	B	0.14%
BFH	B	0.14%
NXST	C	0.13%
RBLX	C	0.13%
SQ	B	0.13%
AMCX	C	0.13%
HLF	C	0.12%
KNTK	B	0.12%
HRI	B	0.12%
BYD	C	0.12%
ESI	A	0.12%
WCC	B	0.12%
HGV	B	0.12%
HTZ	C	0.12%
IGT	F	0.11%
W	F	0.11%
ESAB	B	0.11%
AAL	B	0.11%
DTE	C	0.11%
USM	B	0.1%
TPX	B	0.1%
SBH	C	0.1%
GAP	C	0.1%
ADT	C	0.1%
TRN	C	0.1%
TEX	D	0.09%
VSAT	F	0.09%
WAL	B	0.09%
SLGN	A	0.09%
ASGN	F	0.09%
MOH	F	0.09%
PK	B	0.09%
FTRE	D	0.09%
AVNT	B	0.09%
AIR	B	0.09%
CWK	B	0.09%
IEP	F	0.09%
AM	A	0.09%
ATSG	B	0.09%
MTN	C	0.09%
GEO	B	0.09%
ADNT	F	0.08%
THO	B	0.08%
CRI	D	0.08%
XPO	B	0.08%
GNL	F	0.08%
AMKR	D	0.08%
NEP	F	0.08%
SLM	A	0.08%
OGN	D	0.08%
ESTC	C	0.08%
WH	B	0.08%
FLR	B	0.08%
LW	C	0.08%
ACCO	C	0.08%
AXTA	A	0.08%
LADR	B	0.08%
OUT	A	0.08%
SRCL	C	0.08%
PARA	C	0.08%
PPC	C	0.08%
DO	D	0.08%
CXW	B	0.08%
ECPG	B	0.08%
ALGT	B	0.08%
HHH	B	0.08%
NMRK	B	0.08%
MTDR	B	0.08%
SNEX	B	0.08%
SCI	B	0.08%
THC	D	0.08%
RNG	B	0.07%
MD	B	0.07%
KFY	B	0.07%
SAH	A	0.07%
RLJ	C	0.07%
LAD	A	0.07%
COOP	B	0.07%
MWA	B	0.07%
ATGE	B	0.07%
ZD	C	0.07%
FCFS	F	0.07%
DY	D	0.07%
LYV	A	0.07%
FTAI	B	0.07%
GHC	C	0.07%
PHIN	A	0.07%
TNET	D	0.07%
HLT	A	0.07%
PAG	B	0.07%
COTY	F	0.07%
NAVI	C	0.07%
NCLH	B	0.07%
OLN	D	0.07%
EPC	D	0.07%
SCS	C	0.07%
DAR	C	0.07%
NWSA	B	0.07%
GPI	A	0.07%
ARLP	A	0.07%
TGNA	B	0.07%
TFX	F	0.07%
NSIT	F	0.07%
LTH	C	0.07%
NGVT	B	0.07%
UA	C	0.07%
PFSI	D	0.07%
BWXT	B	0.06%
MGM	D	0.06%
HLX	B	0.06%
TCBI	B	0.06%
ST	F	0.06%
CIEN	B	0.06%
MTX	B	0.06%
HOLX	D	0.06%
TMHC	B	0.06%
SM	B	0.06%
CACC	D	0.06%
WMS	D	0.06%
SEE	C	0.06%
CIVI	D	0.06%
CHTR	C	0.06%
PBH	A	0.06%
BCC	B	0.06%
RXO	C	0.06%
TRS	B	0.06%
HESM	B	0.06%
TTMI	B	0.06%
CCOI	B	0.06%
AA	B	0.06%
ATKR	C	0.06%
NWL	B	0.06%
CNX	A	0.06%
VSTO	A	0.06%
VNOM	A	0.06%
RHP	B	0.06%
LEVI	F	0.06%
ET	A	0.06%
CCS	D	0.06%
BCO	D	0.06%
RRC	B	0.06%
SXC	A	0.06%
MUR	D	0.05%
VNO	B	0.05%
DFH	D	0.05%
OII	B	0.05%
DAN	D	0.05%
CLF	F	0.05%
ASH	D	0.05%
AMN	F	0.05%
PR	B	0.05%
STWD	C	0.05%
WGO	C	0.05%
JWN	C	0.05%
CRS	A	0.05%
GOLF	B	0.05%
OI	C	0.05%
ALSN	B	0.05%
TPH	D	0.05%
SYNA	C	0.05%
IBP	D	0.05%
VIAV	B	0.05%
FL	F	0.05%
ABG	B	0.05%
LAMR	D	0.05%
SUN	B	0.05%
EHC	B	0.05%
LPX	B	0.05%
BLD	D	0.05%
AR	B	0.05%
FOUR	B	0.05%
BXMT	C	0.05%
CMC	B	0.04%
REZI	A	0.04%
CLH	B	0.04%
FUL	F	0.04%
CXT	B	0.04%
KBR	F	0.04%
PRGO	B	0.04%
BECN	B	0.04%
BSIG	A	0.04%
FOR	F	0.04%
MUSA	A	0.04%
SPR	D	0.04%
GNW	A	0.04%
ENS	D	0.04%
LGIH	D	0.04%
X	C	0.04%
GPK	C	0.04%
IMKTA	C	0.04%
YUM	B	0.04%
VLY	B	0.04%
VFC	C	0.04%
BDN	C	0.04%
PRAA	C	0.04%
CENT	C	0.04%
KSS	F	0.04%
TNL	A	0.04%
HI	C	0.04%
HPP	F	0.04%
MHO	D	0.04%
KBH	D	0.04%
RCL	A	0.04%
CSTM	F	0.03%
BERY	B	0.03%
AAP	C	0.03%
OMF	A	0.03%
M	D	0.02%

HYBB Underweight 395 Positions Relative to INRO

Symbol	Grade	Weight
NVDA	C	-7.62%
AAPL	C	-5.76%
TMUS	B	-4.56%
MSFT	F	-4.24%
META	D	-3.68%
GOOGL	C	-3.13%
GOOG	C	-2.72%
JPM	A	-1.74%
HON	B	-1.6%
AVGO	D	-1.54%
AMZN	C	-1.47%
BXP	D	-1.35%
TSLA	B	-1.32%
HD	A	-1.17%
AXP	A	-1.14%
NEE	D	-0.97%
XOM	B	-0.95%
CBRE	B	-0.87%
PM	B	-0.87%
BAC	A	-0.81%
MMM	D	-0.76%
TT	A	-0.65%
GS	A	-0.64%
WFC	A	-0.64%
CSGP	D	-0.63%
SO	D	-0.6%
VMC	B	-0.59%
MLM	B	-0.57%
LLY	F	-0.57%
MS	A	-0.55%
SPGI	C	-0.55%
UNP	C	-0.54%
DUK	C	-0.54%
CVX	A	-0.5%
UBER	D	-0.49%
ETN	A	-0.48%
COF	B	-0.48%
COST	B	-0.47%
AMD	F	-0.47%
BX	A	-0.45%
ORCL	B	-0.45%
CRM	B	-0.45%
CEG	D	-0.45%
WMT	A	-0.45%
GWW	B	-0.44%
LOW	D	-0.43%
CARR	D	-0.42%
SCHW	B	-0.41%
MO	A	-0.41%
FAST	B	-0.4%
TXN	C	-0.39%
ABBV	D	-0.39%
QCOM	F	-0.39%
JCI	C	-0.39%
TJX	A	-0.39%
WM	A	-0.37%
PWR	A	-0.37%
JNJ	D	-0.37%
CAT	B	-0.35%
CTAS	B	-0.34%
C	A	-0.34%
ICE	C	-0.33%
DHI	D	-0.33%
ADBE	C	-0.32%
AEP	D	-0.32%
KKR	A	-0.31%
GEV	B	-0.31%
AMAT	F	-0.3%
CME	A	-0.3%
NOW	A	-0.3%
ADP	B	-0.29%
DFS	B	-0.29%
LEN	D	-0.28%
MCO	B	-0.28%
INTU	C	-0.26%
EXC	C	-0.25%
CSX	B	-0.25%
Z	A	-0.25%
MRK	F	-0.24%
XEL	A	-0.24%
EMR	A	-0.24%
COP	C	-0.24%
TMO	F	-0.24%
PGR	A	-0.23%
MU	D	-0.23%
GRMN	B	-0.22%
INTC	D	-0.22%
NSC	B	-0.22%
ADI	D	-0.22%
WCN	A	-0.21%
ORLY	B	-0.21%
PNC	B	-0.21%
CPRT	A	-0.21%
NVR	D	-0.21%
DE	A	-0.2%
USB	A	-0.2%
AMGN	D	-0.2%
RSG	A	-0.2%
COIN	C	-0.2%
ETR	B	-0.2%
EME	C	-0.19%
APH	A	-0.19%
AMP	A	-0.19%
LRCX	F	-0.19%
DHR	F	-0.19%
PANW	C	-0.18%
WELL	A	-0.18%
PLTR	B	-0.18%
PHM	D	-0.18%
TFC	A	-0.17%
CB	C	-0.17%
PH	A	-0.17%
KLAC	D	-0.17%
ODFL	B	-0.16%
WSO	A	-0.16%
MMC	B	-0.16%
MSCI	C	-0.16%
MRVL	B	-0.16%
EOG	A	-0.15%
AME	A	-0.15%
FE	C	-0.15%
AZO	C	-0.15%
VRTX	F	-0.15%
ITW	B	-0.15%
NDAQ	A	-0.14%
ROST	C	-0.14%
ES	D	-0.14%
PFE	D	-0.14%
LII	A	-0.14%
CSL	C	-0.14%
GILD	C	-0.14%
WMB	A	-0.13%
RJF	A	-0.13%
SW	A	-0.13%
FCX	D	-0.12%
MAS	D	-0.12%
OC	A	-0.12%
SNPS	B	-0.12%
CDNS	B	-0.12%
NXPI	D	-0.12%
OKE	A	-0.12%
ARES	A	-0.12%
EVRG	A	-0.11%
REGN	F	-0.11%
PAYX	C	-0.11%
LNT	A	-0.11%
VLTO	D	-0.11%
BK	A	-0.11%
PCAR	B	-0.11%
AMT	D	-0.11%
AON	A	-0.11%
NEM	D	-0.11%
BMY	B	-0.11%
APP	B	-0.1%
AJG	B	-0.1%
CMI	A	-0.1%
PKG	A	-0.1%
KMI	A	-0.1%
PSX	C	-0.1%
MPC	D	-0.1%
ROK	B	-0.1%
EQIX	A	-0.1%
MSTR	C	-0.1%
NTRS	A	-0.1%
GLW	B	-0.09%
GM	B	-0.09%
TSCO	D	-0.09%
IP	B	-0.09%
AIG	B	-0.09%
LNG	B	-0.09%
MTB	A	-0.09%
AFL	B	-0.09%
ROP	B	-0.09%
TRV	B	-0.09%
VRSK	A	-0.09%
SLB	C	-0.09%
ADSK	A	-0.09%
MCHP	D	-0.08%
BR	A	-0.08%
TRGP	B	-0.08%
EFX	F	-0.08%
ZTS	D	-0.08%
OTIS	C	-0.08%
HUBB	B	-0.08%
LPLA	A	-0.08%
MET	A	-0.08%
IR	B	-0.08%
FDS	B	-0.08%
GE	D	-0.08%
ALL	A	-0.08%
TGT	F	-0.08%
FITB	A	-0.08%
FICO	B	-0.08%
VLO	C	-0.08%
ALLE	D	-0.08%
FTNT	C	-0.08%
WDAY	B	-0.08%
PSA	D	-0.07%
BKR	B	-0.07%
DELL	C	-0.07%
HBAN	A	-0.07%
WAB	B	-0.07%
RF	A	-0.07%
MELI	D	-0.07%
PRU	A	-0.07%
AMCR	D	-0.07%
HES	B	-0.07%
DLR	B	-0.07%
AVY	D	-0.07%
ACN	C	-0.07%
CCI	D	-0.06%
CFG	B	-0.06%
JBHT	C	-0.06%
DDOG	A	-0.06%
XYL	D	-0.06%
VTR	C	-0.06%
KEYS	A	-0.06%
HOOD	B	-0.06%
MPWR	F	-0.06%
AOS	F	-0.06%
OXY	D	-0.06%
TEAM	A	-0.06%
FANG	D	-0.06%
BRK.A	B	-0.06%
F	C	-0.06%
ROL	B	-0.06%
HPQ	B	-0.06%
FBIN	D	-0.06%
RTX	C	-0.06%
TW	A	-0.06%
IBM	C	-0.06%
KR	B	-0.05%
WTW	B	-0.05%
LMT	D	-0.05%
A	D	-0.05%
PPL	B	-0.05%
ANSS	B	-0.05%
HUBS	A	-0.05%
ULTA	F	-0.05%
ATO	A	-0.05%
HPE	B	-0.05%
LDOS	C	-0.05%
CG	A	-0.05%
FTV	C	-0.05%
TROW	B	-0.05%
BURL	A	-0.05%
TPL	A	-0.05%
CDW	F	-0.05%
WSM	B	-0.05%
FCNCA	A	-0.05%
BBY	D	-0.05%
PINS	D	-0.05%
HIG	B	-0.05%
KEY	B	-0.05%
DOV	A	-0.05%
VICI	C	-0.05%
ACGL	D	-0.05%
STT	A	-0.05%
PNR	A	-0.04%
SNA	A	-0.04%
ARE	D	-0.04%
TRMB	B	-0.04%
UPS	C	-0.04%
ALNY	D	-0.04%
BRO	B	-0.04%
TYL	B	-0.04%
CINF	A	-0.04%
J	F	-0.04%
MKL	A	-0.04%
MKTX	D	-0.04%
HAL	C	-0.04%
FSLR	F	-0.04%
MA	C	-0.04%
CBOE	B	-0.04%
DVN	F	-0.04%
EQT	B	-0.04%
PFG	D	-0.04%
SYY	B	-0.04%
BA	F	-0.04%
BAH	F	-0.04%
EXR	D	-0.04%
NTAP	C	-0.04%
TDY	B	-0.04%
V	A	-0.04%
TRU	D	-0.04%
SMCI	F	-0.03%
SWK	D	-0.03%
MANH	D	-0.03%
MRO	B	-0.03%
DT	C	-0.03%
EG	C	-0.03%
WAT	B	-0.03%
PSTG	D	-0.03%
ZS	C	-0.03%
PAYC	B	-0.03%
SWKS	F	-0.03%
DAY	B	-0.03%
ILMN	D	-0.03%
NDSN	B	-0.03%
GD	F	-0.03%
CTRA	B	-0.03%
WST	C	-0.03%
WRB	A	-0.03%
NOC	D	-0.03%
L	A	-0.03%
BIIB	F	-0.03%
DOC	D	-0.03%
WY	D	-0.03%
GGG	B	-0.03%
LIN	D	-0.03%
SNAP	C	-0.03%
JBL	B	-0.03%
DAL	C	-0.03%
ZM	B	-0.03%
TER	D	-0.03%
IEX	B	-0.03%
SSNC	B	-0.03%
BEN	C	-0.03%
DKS	C	-0.03%
MTD	D	-0.03%
KMX	B	-0.03%
KNX	B	-0.03%
INCY	C	-0.02%
IT	C	-0.02%
BMRN	D	-0.02%
NBIX	C	-0.02%
LUV	C	-0.02%
MRNA	F	-0.02%
TTC	D	-0.02%
DINO	D	-0.02%
DG	F	-0.02%
SEIC	B	-0.02%
ERIE	D	-0.02%
ENPH	F	-0.02%
AXON	A	-0.02%
HWM	A	-0.02%
AFG	A	-0.02%
RVTY	F	-0.02%
UHAL	D	-0.02%
IOT	A	-0.02%
UTHR	C	-0.02%
CNH	C	-0.02%
LHX	C	-0.02%
MTCH	D	-0.02%
OVV	B	-0.02%
FDX	B	-0.02%
DOCU	A	-0.02%
GLPI	C	-0.02%
EBAY	D	-0.02%
CPT	B	-0.01%
CTVA	C	-0.01%
FIS	C	-0.01%
APD	A	-0.01%
SUI	D	-0.01%
DOW	F	-0.01%
SHW	A	-0.01%
STLD	B	-0.01%
TXT	D	-0.01%
MDB	C	-0.01%
ESS	B	-0.01%
RS	B	-0.01%
VRSN	F	-0.01%
MAA	B	-0.01%
HEI	B	-0.01%
INVH	D	-0.01%
RPRX	D	-0.01%
PYPL	B	-0.01%
EPAM	C	-0.01%
VTRS	A	-0.01%
BIO	D	-0.01%
NET	B	-0.01%
APO	B	-0.01%
CTLT	B	-0.01%
DD	D	-0.01%
UNH	C	-0.01%
APA	D	-0.01%
RIVN	F	-0.01%
EQR	B	-0.01%
DLTR	F	-0.01%
EXAS	D	-0.01%
NUE	C	-0.01%
SNOW	C	-0.01%
AVB	B	-0.01%
FI	A	-0.01%
QRVO	F	-0.01%
TECH	D	-0.01%
BSY	D	-0.01%
CTSH	B	-0.01%
LYB	F	-0.0%
HII	D	-0.0%
ECL	D	-0.0%
CHRW	C	-0.0%
FNF	B	-0.0%
HEI	B	-0.0%
EXPD	D	-0.0%