INRO vs. CSM ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to ProShares Large Cap Core Plus (CSM)

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

CSM

ProShares Large Cap Core Plus

CSM Description

The investment seeks investment results before fees and expenses that track the performance of the Credit Suisse 130/30 Large Cap Index (the "index"). The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to replicate an investment strategy that establishes either long or short positions in the stocks of 500 leading large-cap U.S. companies (the "Universe") by applying a rules-based ranking and weighting methodology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.68

Average Daily Volume

7,638

Number of Holdings ^*

307

* may have additional holdings in another (foreign) market

Performance

Period	INRO	CSM
30 Days	5.09%	2.89%
60 Days	6.25%	4.45%
90 Days	7.10%	6.39%
12 Months		32.21%

219 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in CSM	Overlap
A	D	0.05%	0.29%	0.05%
AAPL	C	5.76%	4.66%	4.66%
ABBV	D	0.39%	0.35%	0.35%
ACGL	D	0.05%	0.3%	0.05%
ACN	C	0.07%	0.05%	0.05%
ADBE	C	0.32%	0.52%	0.32%
ADSK	A	0.09%	0.17%	0.09%
AES	F	0.03%	0.19%	0.03%
AIZ	A	0.02%	0.32%	0.02%
ALL	A	0.08%	0.38%	0.08%
ALLE	D	0.08%	0.11%	0.08%
AMAT	F	0.3%	0.21%	0.21%
AMD	F	0.47%	0.15%	0.15%
AME	A	0.15%	0.38%	0.15%
AMGN	D	0.2%	0.04%	0.04%
AMZN	C	1.47%	2.77%	1.47%
AOS	F	0.06%	0.06%	0.06%
APA	D	0.01%	0.21%	0.01%
APD	A	0.01%	0.35%	0.01%
APH	A	0.19%	0.44%	0.19%
ARE	D	0.04%	0.03%	0.03%
AVB	B	0.01%	0.35%	0.01%
AVGO	D	1.54%	1.22%	1.22%
BAC	A	0.81%	0.29%	0.29%
BBY	D	0.05%	0.26%	0.05%
BEN	C	0.03%	0.32%	0.03%
BIIB	F	0.03%	0.14%	0.03%
BK	A	0.11%	0.13%	0.11%
BKR	B	0.07%	0.39%	0.07%
BLDR	D	0.15%	0.16%	0.15%
BMY	B	0.11%	0.49%	0.11%
BRK.A	B	0.06%	0.96%	0.06%
BRO	B	0.04%	0.34%	0.04%
BX	A	0.45%	0.18%	0.18%
CBOE	B	0.04%	0.28%	0.04%
CBRE	B	0.87%	0.35%	0.35%
CDNS	B	0.12%	0.35%	0.12%
CFG	B	0.06%	0.19%	0.06%
CME	A	0.3%	0.4%	0.3%
COF	B	0.48%	0.27%	0.27%
COST	B	0.47%	0.32%	0.32%
CPT	B	0.01%	0.29%	0.01%
CRL	C	0.01%	0.28%	0.01%
CRM	B	0.45%	0.83%	0.45%
CRWD	B	0.12%	0.19%	0.12%
CSGP	D	0.63%	0.04%	0.04%
CSX	B	0.25%	0.25%	0.25%
CTSH	B	0.01%	0.35%	0.01%
CTVA	C	0.01%	0.1%	0.01%
CVX	A	0.5%	0.09%	0.09%
DAY	B	0.03%	0.09%	0.03%
DFS	B	0.29%	0.18%	0.18%
DG	F	0.02%	0.22%	0.02%
DHI	D	0.33%	0.23%	0.23%
DHR	F	0.19%	0.03%	0.03%
DLR	B	0.07%	0.07%	0.07%
DOC	D	0.03%	0.21%	0.03%
DUK	C	0.54%	0.34%	0.34%
DVN	F	0.04%	0.3%	0.04%
EBAY	D	0.02%	0.07%	0.02%
EG	C	0.03%	0.25%	0.03%
EIX	B	0.21%	0.32%	0.21%
EMR	A	0.24%	0.22%	0.22%
EPAM	C	0.01%	0.05%	0.01%
EQIX	A	0.1%	0.26%	0.1%
EQR	B	0.01%	0.33%	0.01%
ETN	A	0.48%	0.42%	0.42%
ETR	B	0.2%	0.37%	0.2%
EXC	C	0.25%	0.29%	0.25%
F	C	0.06%	0.15%	0.06%
FANG	D	0.06%	0.32%	0.06%
FAST	B	0.4%	0.04%	0.04%
FCX	D	0.12%	0.12%	0.12%
FDS	B	0.08%	0.04%	0.04%
FDX	B	0.02%	0.29%	0.02%
FE	C	0.15%	0.1%	0.1%
FIS	C	0.01%	0.07%	0.01%
FITB	A	0.08%	0.15%	0.08%
FSLR	F	0.04%	0.1%	0.04%
FTNT	C	0.08%	0.33%	0.08%
FTV	C	0.05%	0.07%	0.05%
GDDY	A	0.01%	0.37%	0.01%
GE	D	0.08%	0.57%	0.08%
GEN	B	0.02%	0.18%	0.02%
GILD	C	0.14%	0.24%	0.14%
GM	B	0.09%	0.4%	0.09%
GOOG	C	2.72%	1.02%	1.02%
GOOGL	C	3.13%	1.27%	1.27%
GRMN	B	0.22%	0.37%	0.22%
HAL	C	0.04%	0.23%	0.04%
HBAN	A	0.07%	0.28%	0.07%
HD	A	1.17%	0.31%	0.31%
HES	B	0.07%	0.14%	0.07%
HIG	B	0.05%	0.33%	0.05%
HII	D	0.0%	0.24%	0.0%
HPQ	B	0.06%	0.29%	0.06%
HWM	A	0.02%	0.39%	0.02%
IBM	C	0.06%	0.03%	0.03%
IEX	B	0.03%	0.29%	0.03%
INCY	C	0.02%	0.36%	0.02%
INTC	D	0.22%	0.25%	0.22%
INTU	C	0.26%	0.58%	0.26%
INVH	D	0.01%	0.28%	0.01%
IP	B	0.09%	0.06%	0.06%
IQV	D	0.05%	0.25%	0.05%
IR	B	0.08%	0.33%	0.08%
J	F	0.04%	0.04%	0.04%
JBL	B	0.03%	0.08%	0.03%
JNJ	D	0.37%	0.4%	0.37%
JPM	A	1.74%	0.69%	0.69%
KMI	A	0.1%	0.12%	0.1%
KMX	B	0.03%	0.21%	0.03%
KR	B	0.05%	0.36%	0.05%
L	A	0.03%	0.33%	0.03%
LDOS	C	0.05%	0.37%	0.05%
LEN	D	0.28%	0.32%	0.28%
LIN	D	0.03%	0.08%	0.03%
LLY	F	0.57%	0.91%	0.57%
LMT	D	0.05%	0.2%	0.05%
LOW	D	0.43%	0.04%	0.04%
LRCX	F	0.19%	0.17%	0.17%
LYB	F	0.0%	0.27%	0.0%
MA	C	0.04%	0.38%	0.04%
MAA	B	0.01%	0.28%	0.01%
MAS	D	0.12%	0.04%	0.04%
MCO	B	0.28%	0.36%	0.28%
MET	A	0.08%	0.24%	0.08%
META	D	3.68%	1.6%	1.6%
MMC	B	0.16%	0.04%	0.04%
MRK	F	0.24%	0.62%	0.24%
MSCI	C	0.16%	0.15%	0.15%
MSFT	F	4.24%	4.32%	4.24%
MTB	A	0.09%	0.34%	0.09%
MTCH	D	0.02%	0.07%	0.02%
MTD	D	0.03%	0.28%	0.03%
MU	D	0.23%	0.44%	0.23%
NEM	D	0.11%	0.09%	0.09%
NOC	D	0.03%	0.38%	0.03%
NOW	A	0.3%	0.14%	0.14%
NRG	B	0.12%	0.33%	0.12%
NTRS	A	0.1%	0.29%	0.1%
NUE	C	0.01%	0.08%	0.01%
NVDA	C	7.62%	4.99%	4.99%
OKE	A	0.12%	0.18%	0.12%
ON	D	0.06%	0.12%	0.06%
ORCL	B	0.45%	0.13%	0.13%
OTIS	C	0.08%	0.32%	0.08%
PANW	C	0.18%	0.2%	0.18%
PAYC	B	0.03%	0.32%	0.03%
PAYX	C	0.11%	0.07%	0.07%
PCG	A	0.26%	0.29%	0.26%
PFE	D	0.14%	0.12%	0.12%
PFG	D	0.04%	0.11%	0.04%
PGR	A	0.23%	0.23%	0.23%
PH	A	0.17%	0.45%	0.17%
PHM	D	0.18%	0.3%	0.18%
PKG	A	0.1%	0.05%	0.05%
PM	B	0.87%	0.04%	0.04%
PNR	A	0.04%	0.33%	0.04%
PRU	A	0.07%	0.29%	0.07%
PSA	D	0.07%	0.14%	0.07%
PSX	C	0.1%	0.12%	0.1%
PTC	A	0.04%	0.04%	0.04%
PYPL	B	0.01%	0.25%	0.01%
QCOM	F	0.39%	0.5%	0.39%
QRVO	F	0.01%	0.19%	0.01%
RF	A	0.07%	0.05%	0.05%
RJF	A	0.13%	0.4%	0.13%
ROL	B	0.06%	0.26%	0.06%
ROP	B	0.09%	0.12%	0.09%
ROST	C	0.14%	0.04%	0.04%
RSG	A	0.2%	0.34%	0.2%
SLB	C	0.09%	0.31%	0.09%
SMCI	F	0.03%	0.03%	0.03%
SNA	A	0.04%	0.39%	0.04%
SNPS	B	0.12%	0.42%	0.12%
SO	D	0.6%	0.26%	0.26%
STLD	B	0.01%	0.14%	0.01%
STX	D	0.03%	0.28%	0.03%
SWK	D	0.03%	0.25%	0.03%
SWKS	F	0.03%	0.2%	0.03%
SYF	B	0.18%	0.39%	0.18%
SYY	B	0.04%	0.13%	0.04%
TDY	B	0.04%	0.13%	0.04%
TGT	F	0.08%	0.33%	0.08%
TJX	A	0.39%	0.48%	0.39%
TMO	F	0.24%	0.55%	0.24%
TMUS	B	4.56%	0.5%	0.5%
TRGP	B	0.08%	0.4%	0.08%
TRMB	B	0.04%	0.05%	0.04%
TROW	B	0.05%	0.35%	0.05%
TRV	B	0.09%	0.11%	0.09%
TSLA	B	1.32%	0.97%	0.97%
TT	A	0.65%	0.43%	0.43%
TXT	D	0.01%	0.26%	0.01%
UBER	D	0.49%	0.39%	0.39%
UNH	C	0.01%	0.52%	0.01%
URI	B	0.47%	0.13%	0.13%
V	A	0.04%	0.43%	0.04%
VICI	C	0.05%	0.33%	0.05%
VLO	C	0.08%	0.08%	0.08%
VRSN	F	0.01%	0.25%	0.01%
VRTX	F	0.15%	0.46%	0.15%
VTR	C	0.06%	0.31%	0.06%
VTRS	A	0.01%	0.29%	0.01%
WAB	B	0.07%	0.26%	0.07%
WBA	F	0.0%	0.15%	0.0%
WDC	D	0.04%	0.22%	0.04%
WELL	A	0.18%	0.42%	0.18%
WFC	A	0.64%	0.15%	0.15%
WM	A	0.37%	0.04%	0.04%
WMT	A	0.45%	0.24%	0.24%
WRB	A	0.03%	0.08%	0.03%
WTW	B	0.05%	0.14%	0.05%
WY	D	0.03%	0.3%	0.03%
XEL	A	0.24%	0.35%	0.24%
XOM	B	0.95%	0.51%	0.51%
XYL	D	0.06%	0.26%	0.06%
ZTS	D	0.08%	0.15%	0.08%

INRO Overweight 210 Positions Relative to CSM

Symbol	Grade	Weight
HON	B	1.6%
BXP	D	1.35%
AXP	A	1.14%
NEE	D	0.97%
MMM	D	0.76%
GS	A	0.64%
VMC	B	0.59%
MLM	B	0.57%
MS	A	0.55%
SPGI	C	0.55%
UNP	C	0.54%
CEG	D	0.45%
GWW	B	0.44%
CARR	D	0.42%
SCHW	B	0.41%
MO	A	0.41%
TXN	C	0.39%
JCI	C	0.39%
PWR	A	0.37%
CAT	B	0.35%
CTAS	B	0.34%
C	A	0.34%
ICE	C	0.33%
AEP	D	0.32%
KKR	A	0.31%
GEV	B	0.31%
ADP	B	0.29%
Z	A	0.25%
COP	C	0.24%
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%
COIN	C	0.2%
VST	B	0.19%
EME	C	0.19%
AMP	A	0.19%
PLTR	B	0.18%
TFC	A	0.17%
CB	C	0.17%
KLAC	D	0.17%
ODFL	B	0.16%
WSO	A	0.16%
VRT	B	0.16%
MRVL	B	0.16%
EOG	A	0.15%
AZO	C	0.15%
ITW	B	0.15%
NDAQ	A	0.14%
ES	D	0.14%
LII	A	0.14%
CSL	C	0.14%
WMB	A	0.13%
SW	A	0.13%
OC	A	0.12%
NXPI	D	0.12%
ARES	A	0.12%
EVRG	A	0.11%
REGN	F	0.11%
LNT	A	0.11%
VLTO	D	0.11%
PCAR	B	0.11%
AMT	D	0.11%
AON	A	0.11%
ACM	A	0.11%
APP	B	0.1%
AJG	B	0.1%
CMI	A	0.1%
MPC	D	0.1%
ROK	B	0.1%
MSTR	C	0.1%
GLW	B	0.09%
TSCO	D	0.09%
AIG	B	0.09%
LNG	B	0.09%
AFL	B	0.09%
VRSK	A	0.09%
MCHP	D	0.08%
BR	A	0.08%
EFX	F	0.08%
HUBB	B	0.08%
LPLA	A	0.08%
FICO	B	0.08%
WDAY	B	0.08%
BALL	D	0.08%
DELL	C	0.07%
MELI	D	0.07%
AMCR	D	0.07%
AVY	D	0.07%
CCI	D	0.06%
JBHT	C	0.06%
DDOG	A	0.06%
KEYS	A	0.06%
HOOD	B	0.06%
MPWR	F	0.06%
OXY	D	0.06%
TEAM	A	0.06%
FBIN	D	0.06%
RTX	C	0.06%
TW	A	0.06%
PPL	B	0.05%
ANSS	B	0.05%
HUBS	A	0.05%
ULTA	F	0.05%
ATO	A	0.05%
HPE	B	0.05%
CG	A	0.05%
CCK	C	0.05%
BURL	A	0.05%
TPL	A	0.05%
CDW	F	0.05%
WSM	B	0.05%
FCNCA	A	0.05%
PINS	D	0.05%
KEY	B	0.05%
DOV	A	0.05%
STT	A	0.05%
UPS	C	0.04%
ALNY	D	0.04%
TYL	B	0.04%
CINF	A	0.04%
MKL	A	0.04%
MKTX	D	0.04%
EQT	B	0.04%
IRM	D	0.04%
BA	F	0.04%
BAH	F	0.04%
ZBRA	B	0.04%
EXR	D	0.04%
NTAP	C	0.04%
TRU	D	0.04%
MANH	D	0.03%
MRO	B	0.03%
DT	C	0.03%
WAT	B	0.03%
PSTG	D	0.03%
ZS	C	0.03%
ILMN	D	0.03%
NDSN	B	0.03%
GD	F	0.03%
CTRA	B	0.03%
SBAC	D	0.03%
WST	C	0.03%
TDG	D	0.03%
GGG	B	0.03%
ENTG	D	0.03%
SNAP	C	0.03%
DAL	C	0.03%
ZM	B	0.03%
TER	D	0.03%
SSNC	B	0.03%
DKS	C	0.03%
KNX	B	0.03%
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%
SEIC	B	0.02%
ERIE	D	0.02%
ENPH	F	0.02%
AXON	A	0.02%
AVTR	F	0.02%
ALLY	C	0.02%
AFG	A	0.02%
RVTY	F	0.02%
UHAL	D	0.02%
IOT	A	0.02%
UTHR	C	0.02%
BBWI	D	0.02%
CNH	C	0.02%
LHX	C	0.02%
OVV	B	0.02%
DOCU	A	0.02%
GLPI	C	0.02%
SUI	D	0.01%
DOW	F	0.01%
ACI	C	0.01%
SHW	A	0.01%
MDB	C	0.01%
ESS	B	0.01%
RS	B	0.01%
HEI	B	0.01%
RPRX	D	0.01%
TWLO	A	0.01%
BIO	D	0.01%
NET	B	0.01%
APO	B	0.01%
CTLT	B	0.01%
DD	D	0.01%
RIVN	F	0.01%
DLTR	F	0.01%
EXAS	D	0.01%
SNOW	C	0.01%
FI	A	0.01%
TECH	D	0.01%
CHRD	D	0.01%
BSY	D	0.01%
ECL	D	0.0%
CHRW	C	0.0%
FNF	B	0.0%
HEI	B	0.0%
EXPD	D	0.0%

INRO Underweight 88 Positions Relative to CSM

Symbol	Grade	Weight
NFLX	A	-0.46%
MCK	B	-0.45%
UAL	A	-0.42%
RCL	A	-0.42%
PG	A	-0.4%
CCL	B	-0.38%
CI	F	-0.38%
BDX	F	-0.37%
LYV	A	-0.35%
NCLH	B	-0.35%
TSN	B	-0.34%
FFIV	B	-0.34%
TAP	C	-0.34%
CAH	B	-0.34%
COR	B	-0.33%
PLD	D	-0.33%
RL	B	-0.32%
PEP	F	-0.32%
KMB	D	-0.32%
CNP	B	-0.32%
ANET	C	-0.31%
HST	C	-0.31%
STE	F	-0.31%
DTE	C	-0.3%
FRT	B	-0.3%
UHS	D	-0.29%
IVZ	B	-0.29%
EMN	D	-0.28%
CNC	D	-0.26%
FOXA	B	-0.26%
BAX	D	-0.25%
MDT	D	-0.25%
BG	F	-0.24%
CMCSA	B	-0.23%
OMC	C	-0.23%
PPG	F	-0.23%
MSI	B	-0.23%
TFX	F	-0.21%
NI	A	-0.21%
GL	B	-0.21%
EL	F	-0.21%
CVS	D	-0.2%
REG	B	-0.2%
EA	A	-0.2%
RMD	C	-0.2%
APTV	D	-0.2%
T	A	-0.2%
GEHC	F	-0.2%
AKAM	D	-0.19%
PARA	C	-0.19%
SJM	D	-0.18%
MGM	D	-0.18%
CE	F	-0.16%
MOH	F	-0.16%
TPR	B	-0.16%
ABNB	C	-0.16%
BWA	D	-0.15%
HCA	F	-0.15%
GPC	D	-0.14%
SPG	B	-0.14%
PNW	B	-0.13%
IPG	D	-0.12%
KDP	D	-0.12%
KO	D	-0.12%
JKHY	D	-0.12%
NWSA	B	-0.12%
KHC	F	-0.11%
HOLX	D	-0.11%
CAG	D	-0.1%
LKQ	D	-0.1%
DIS	B	-0.1%
ISRG	A	-0.09%
CPB	D	-0.09%
MAR	B	-0.09%
LULU	C	-0.09%
DXCM	D	-0.08%
ABT	B	-0.06%
CHD	B	-0.06%
HRL	D	-0.06%
CLX	B	-0.06%
VZ	C	-0.05%
DPZ	C	-0.05%
MKC	D	-0.05%
CSCO	B	-0.04%
WYNN	D	-0.04%
CMG	B	-0.04%
FMC	D	-0.03%
MCD	D	-0.03%