INRO vs. DGRO ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to iShares Core Dividend Growth ETF (DGRO)

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

$28.27

Average Daily Volume

3,544

Number of Holdings ^*

423

* may have additional holdings in another (foreign) market

DGRO

iShares Core Dividend Growth ETF

DGRO Description

The investment seeks to track the investment results of the Morningstar® U.S. Dividend Growth IndexSM. The index is a dividend dollars weighted index that seeks to measure the performance of U.S. companies selected based on a consistent history of growing dividends. The index is a subset of the Morningstar® U.S. Market IndexSM, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$63.77

Average Daily Volume

1,566,922

Number of Holdings ^*

412

* may have additional holdings in another (foreign) market

Performance

Period	INRO	DGRO
30 Days	2.86%	0.76%
60 Days	5.93%	2.66%
90 Days	6.63%	4.46%
12 Months		27.58%

186 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in DGRO	Overlap
A	D	0.05%	0.06%	0.05%
AAPL	C	5.57%	2.79%	2.79%
ABBV	F	0.4%	2.12%	0.4%
ACN	B	0.07%	0.74%	0.07%
ADI	D	0.23%	0.38%	0.23%
ADP	A	0.29%	0.56%	0.29%
AEP	C	0.31%	0.4%	0.31%
AES	F	0.03%	0.09%	0.03%
AFG	A	0.02%	0.05%	0.02%
AFL	B	0.09%	0.24%	0.09%
AIZ	A	0.02%	0.04%	0.02%
AJG	A	0.09%	0.12%	0.09%
ALL	A	0.08%	0.23%	0.08%
ALLE	C	0.09%	0.04%	0.04%
AMAT	F	0.32%	0.27%	0.27%
AME	A	0.14%	0.07%	0.07%
AMGN	F	0.22%	0.94%	0.22%
AMP	A	0.17%	0.17%	0.17%
AON	A	0.11%	0.15%	0.11%
AOS	F	0.06%	0.03%	0.03%
APD	A	0.01%	0.41%	0.01%
APH	A	0.19%	0.14%	0.14%
ARES	A	0.11%	0.19%	0.11%
ATO	A	0.05%	0.12%	0.05%
AVGO	D	1.64%	2.28%	1.64%
AVY	F	0.07%	0.06%	0.06%
AXP	A	1.14%	0.41%	0.41%
BAC	A	0.79%	1.77%	0.79%
BAH	F	0.06%	0.06%	0.06%
BK	A	0.11%	0.36%	0.11%
BMY	B	0.12%	1.29%	0.12%
BR	A	0.07%	0.09%	0.07%
BRO	B	0.04%	0.03%	0.03%
C	A	0.34%	1.17%	0.34%
CAT	B	0.36%	0.72%	0.36%
CB	C	0.16%	0.32%	0.16%
CDW	F	0.06%	0.06%	0.06%
CINF	A	0.04%	0.13%	0.04%
CME	B	0.26%	0.39%	0.26%
CMI	A	0.09%	0.28%	0.09%
COP	C	0.23%	0.91%	0.23%
COST	A	0.46%	0.47%	0.46%
CSL	C	0.15%	0.05%	0.05%
CSX	C	0.26%	0.23%	0.23%
CTAS	B	0.34%	0.13%	0.13%
CVX	A	0.48%	2.95%	0.48%
DFS	B	0.31%	0.22%	0.22%
DG	F	0.01%	0.11%	0.01%
DHI	F	0.33%	0.07%	0.07%
DHR	F	0.2%	0.13%	0.13%
DKS	D	0.03%	0.06%	0.03%
DOV	A	0.06%	0.07%	0.06%
DUK	C	0.53%	0.71%	0.53%
EBAY	D	0.02%	0.13%	0.02%
EG	C	0.03%	0.08%	0.03%
EIX	B	0.2%	0.27%	0.2%
EMR	B	0.24%	0.35%	0.24%
EOG	A	0.14%	0.54%	0.14%
ERIE	D	0.02%	0.02%	0.02%
ES	C	0.13%	0.21%	0.13%
ETN	A	0.48%	0.41%	0.41%
ETR	B	0.2%	0.26%	0.2%
EXPD	C	0.0%	0.05%	0.0%
FAST	B	0.41%	0.24%	0.24%
FBIN	D	0.07%	0.03%	0.03%
FDS	B	0.07%	0.04%	0.04%
FIS	C	0.01%	0.19%	0.01%
FNF	B	0.0%	0.12%	0.0%
GD	D	0.03%	0.31%	0.03%
GGG	B	0.03%	0.04%	0.03%
GILD	C	0.16%	0.96%	0.16%
GLW	B	0.09%	0.22%	0.09%
GRMN	B	0.22%	0.12%	0.12%
GS	A	0.62%	1.12%	0.62%
GWW	B	0.46%	0.1%	0.1%
HD	B	1.16%	2.24%	1.16%
HEI	A	0.01%	0.0%	0.0%
HEI	A	0.01%	0.0%	0.0%
HEI	A	0.0%	0.0%	0.0%
HEI	A	0.0%	0.0%	0.0%
HIG	B	0.05%	0.13%	0.05%
HII	F	0.0%	0.04%	0.0%
HON	C	1.56%	0.72%	0.72%
HPQ	B	0.06%	0.27%	0.06%
HUBB	B	0.08%	0.07%	0.07%
IBM	C	0.06%	1.37%	0.06%
ICE	C	0.29%	0.23%	0.23%
IEX	C	0.03%	0.06%	0.03%
INTU	B	0.28%	0.25%	0.25%
IR	B	0.08%	0.01%	0.01%
ITW	B	0.15%	0.42%	0.15%
J	D	0.04%	0.03%	0.03%
JBHT	C	0.06%	0.04%	0.04%
JNJ	C	0.36%	2.54%	0.36%
JPM	A	1.68%	3.24%	1.68%
KLAC	F	0.18%	0.15%	0.15%
KR	B	0.05%	0.22%	0.05%
LHX	C	0.02%	0.22%	0.02%
LII	A	0.14%	0.04%	0.04%
LIN	C	0.02%	0.59%	0.02%
LLY	F	0.64%	0.81%	0.64%
LMT	D	0.05%	0.57%	0.05%
LNT	A	0.1%	0.12%	0.1%
LOW	C	0.45%	0.65%	0.45%
LRCX	F	0.21%	0.22%	0.21%
MA	B	0.04%	0.53%	0.04%
MAS	D	0.12%	0.06%	0.06%
MCHP	F	0.08%	0.18%	0.08%
MCO	B	0.26%	0.12%	0.12%
MET	A	0.08%	0.33%	0.08%
MKTX	D	0.03%	0.03%	0.03%
MLM	C	0.59%	0.05%	0.05%
MMC	B	0.16%	0.36%	0.16%
MPWR	F	0.06%	0.03%	0.03%
MRK	D	0.24%	1.49%	0.24%
MS	A	0.52%	1.46%	0.52%
MSCI	C	0.15%	0.12%	0.12%
MSFT	D	4.18%	2.83%	2.83%
MTB	A	0.09%	0.27%	0.09%
NDAQ	A	0.12%	0.09%	0.09%
NDSN	B	0.03%	0.04%	0.03%
NEE	C	0.94%	0.88%	0.88%
NOC	D	0.03%	0.26%	0.03%
NSC	B	0.23%	0.29%	0.23%
NTAP	C	0.04%	0.1%	0.04%
NTRS	A	0.08%	0.17%	0.08%
NUE	C	0.01%	0.13%	0.01%
NXPI	D	0.12%	0.22%	0.12%
OC	A	0.11%	0.06%	0.06%
ODFL	C	0.17%	0.05%	0.05%
ORCL	A	0.44%	0.68%	0.44%
OTIS	C	0.08%	0.15%	0.08%
OVV	B	0.02%	0.08%	0.02%
PCAR	B	0.11%	0.17%	0.11%
PFG	D	0.04%	0.17%	0.04%
PH	A	0.17%	0.23%	0.17%
PHM	D	0.19%	0.04%	0.04%
PNC	B	0.2%	0.68%	0.2%
PNR	A	0.04%	0.04%	0.04%
PSX	C	0.1%	0.46%	0.1%
PWR	A	0.37%	0.02%	0.02%
QCOM	F	0.39%	0.83%	0.39%
RJF	A	0.11%	0.11%	0.11%
ROK	C	0.1%	0.15%	0.1%
ROP	B	0.09%	0.07%	0.07%
ROST	D	0.14%	0.1%	0.1%
RS	B	0.01%	0.06%	0.01%
RSG	A	0.2%	0.1%	0.1%
RTX	D	0.07%	0.76%	0.07%
SEIC	B	0.02%	0.03%	0.02%
SHW	B	0.01%	0.16%	0.01%
SNA	A	0.04%	0.12%	0.04%
SO	C	0.59%	0.71%	0.59%
SPGI	C	0.52%	0.25%	0.25%
SSNC	B	0.03%	0.05%	0.03%
STLD	B	0.01%	0.08%	0.01%
STT	B	0.05%	0.22%	0.05%
SWK	D	0.03%	0.1%	0.03%
SWKS	F	0.03%	0.08%	0.03%
SYF	B	0.18%	0.13%	0.13%
SYY	D	0.04%	0.23%	0.04%
TGT	F	0.08%	0.49%	0.08%
TMO	F	0.26%	0.11%	0.11%
TPL	A	0.05%	0.04%	0.04%
TRV	B	0.09%	0.25%	0.09%
TSCO	D	0.09%	0.11%	0.09%
TT	A	0.65%	0.2%	0.2%
TTC	C	0.02%	0.03%	0.02%
UNH	B	0.01%	1.77%	0.01%
UNP	C	0.55%	0.71%	0.55%
UPS	C	0.03%	1.13%	0.03%
V	A	0.04%	0.86%	0.04%
VMC	B	0.61%	0.07%	0.07%
VRSK	A	0.09%	0.05%	0.05%
VST	A	0.17%	0.11%	0.11%
WM	B	0.37%	0.26%	0.26%
WMT	A	0.41%	0.88%	0.41%
WRB	A	0.03%	0.02%	0.02%
WSM	C	0.05%	0.06%	0.05%
WSO	A	0.16%	0.1%	0.1%
WST	C	0.03%	0.01%	0.01%
WTW	B	0.05%	0.09%	0.05%
XEL	A	0.23%	0.3%	0.23%
XOM	B	0.95%	3.04%	0.95%
XYL	D	0.06%	0.07%	0.06%
ZTS	D	0.08%	0.17%	0.08%

INRO Overweight 239 Positions Relative to DGRO

Symbol	Grade	Weight
NVDA	B	7.42%
TMUS	B	4.59%
META	D	3.77%
GOOGL	C	3.12%
GOOG	C	2.71%
AMZN	C	1.46%
BXP	C	1.38%
TSLA	B	1.32%
CBRE	B	0.88%
PM	B	0.83%
MMM	D	0.78%
CSGP	D	0.65%
WFC	A	0.62%
URI	C	0.5%
UBER	F	0.5%
AMD	F	0.49%
COF	C	0.49%
CRM	B	0.47%
CEG	C	0.45%
BX	A	0.42%
CARR	C	0.42%
TXN	C	0.41%
JCI	B	0.4%
MO	A	0.39%
TJX	A	0.38%
SCHW	B	0.37%
ADBE	C	0.32%
KKR	A	0.31%
GEV	B	0.31%
NOW	A	0.3%
LEN	D	0.28%
PCG	A	0.26%
MU	D	0.25%
Z	A	0.25%
EXC	C	0.24%
PGR	A	0.23%
NVR	D	0.22%
INTC	C	0.22%
CPRT	B	0.21%
ORLY	B	0.21%
COIN	C	0.2%
DE	B	0.2%
USB	A	0.2%
WCN	A	0.2%
EME	A	0.19%
WELL	A	0.18%
PANW	B	0.18%
MRVL	B	0.17%
VRTX	D	0.17%
PLTR	B	0.17%
FE	C	0.15%
AZO	C	0.15%
BLDR	D	0.15%
TFC	A	0.15%
PFE	F	0.14%
VRT	B	0.14%
REGN	F	0.12%
CDNS	B	0.12%
NRG	B	0.12%
SNPS	B	0.12%
WMB	A	0.12%
SW	A	0.12%
AMT	C	0.11%
VLTO	C	0.11%
NEM	D	0.11%
PAYX	B	0.11%
OKE	A	0.11%
CRWD	B	0.11%
FCX	F	0.11%
ACM	B	0.11%
KMI	A	0.1%
ADSK	A	0.1%
MPC	D	0.1%
PKG	A	0.1%
EQIX	A	0.1%
EVRG	A	0.1%
LNG	A	0.09%
IP	A	0.09%
GM	C	0.09%
FTNT	C	0.09%
SLB	C	0.09%
AIG	B	0.08%
VLO	C	0.08%
EFX	F	0.08%
FITB	B	0.08%
MSTR	B	0.08%
GE	D	0.08%
FICO	B	0.08%
APP	B	0.08%
BALL	F	0.08%
WDAY	B	0.08%
PSA	C	0.07%
RF	A	0.07%
BKR	A	0.07%
HBAN	A	0.07%
DELL	B	0.07%
WAB	B	0.07%
MELI	C	0.07%
HES	B	0.07%
PRU	A	0.07%
DLR	B	0.07%
TRGP	A	0.07%
LPLA	A	0.07%
AMCR	C	0.07%
ACGL	C	0.06%
VTR	B	0.06%
BRK.A	B	0.06%
TEAM	A	0.06%
FANG	C	0.06%
OXY	D	0.06%
ON	D	0.06%
LDOS	C	0.06%
KEYS	A	0.06%
F	C	0.06%
ROL	B	0.06%
TDY	B	0.05%
ALNY	D	0.05%
PPL	A	0.05%
BURL	B	0.05%
HUBS	A	0.05%
ANSS	B	0.05%
TRU	D	0.05%
HPE	B	0.05%
TROW	B	0.05%
HOOD	B	0.05%
FTV	C	0.05%
IQV	F	0.05%
DDOG	A	0.05%
CCK	D	0.05%
FCNCA	A	0.05%
VICI	C	0.05%
PINS	F	0.05%
BBY	D	0.05%
ULTA	F	0.05%
KEY	B	0.05%
CCI	C	0.05%
TW	A	0.05%
CFG	B	0.05%
KMX	B	0.04%
STX	C	0.04%
ZM	C	0.04%
KNX	C	0.04%
SNAP	D	0.04%
PTC	B	0.04%
MTD	F	0.04%
ARE	F	0.04%
WDC	D	0.04%
FSLR	F	0.04%
CBOE	C	0.04%
MKL	A	0.04%
HAL	C	0.04%
TRMB	B	0.04%
TYL	B	0.04%
EQT	B	0.04%
DVN	F	0.04%
IRM	C	0.04%
EXR	C	0.04%
BA	F	0.04%
CG	B	0.04%
ZBRA	B	0.04%
MRO	B	0.03%
BEN	C	0.03%
GEN	B	0.03%
ZS	B	0.03%
MANH	D	0.03%
DT	D	0.03%
CTRA	B	0.03%
PSTG	D	0.03%
PAYC	B	0.03%
SBAC	D	0.03%
L	A	0.03%
WAT	C	0.03%
DAY	B	0.03%
WY	F	0.03%
DOC	C	0.03%
ILMN	C	0.03%
DAL	B	0.03%
TDG	D	0.03%
BIIB	F	0.03%
ENTG	D	0.03%
JBL	C	0.03%
TER	F	0.03%
BSY	F	0.02%
CRL	D	0.02%
TECH	F	0.02%
CTSH	B	0.02%
IT	C	0.02%
BMRN	F	0.02%
NBIX	C	0.02%
INCY	C	0.02%
MRNA	F	0.02%
AXON	A	0.02%
HWM	A	0.02%
ENPH	F	0.02%
IOT	A	0.02%
CNH	C	0.02%
ALLY	C	0.02%
BBWI	C	0.02%
AVTR	F	0.02%
RVTY	F	0.02%
UHAL	D	0.02%
SMCI	F	0.02%
UTHR	C	0.02%
MTCH	D	0.02%
FDX	B	0.02%
GLPI	C	0.02%
DOCU	B	0.02%
WBA	F	0.01%
SUI	C	0.01%
ACI	C	0.01%
MDB	B	0.01%
ESS	B	0.01%
TXT	D	0.01%
MAA	B	0.01%
INVH	D	0.01%
VRSN	C	0.01%
RPRX	D	0.01%
PYPL	B	0.01%
VTRS	A	0.01%
EPAM	B	0.01%
TWLO	A	0.01%
NET	B	0.01%
APO	B	0.01%
CTLT	C	0.01%
DLTR	F	0.01%
APA	D	0.01%
BIO	C	0.01%
EQR	C	0.01%
LUV	C	0.01%
RIVN	F	0.01%
EXAS	D	0.01%
SNOW	B	0.01%
AVB	B	0.01%
FI	A	0.01%
GDDY	A	0.01%
DINO	D	0.01%
QRVO	F	0.01%
CHRD	D	0.01%
CPT	B	0.0%

INRO Underweight 228 Positions Relative to DGRO

Symbol	Grade	Weight
PG	C	-2.11%
CSCO	B	-1.72%
PEP	F	-1.53%
KO	D	-1.5%
CMCSA	B	-1.21%
MCD	D	-1.11%
ABT	B	-0.87%
BLK	B	-0.82%
MDT	D	-0.79%
SBUX	A	-0.59%
MDLZ	F	-0.45%
SRE	A	-0.4%
NKE	F	-0.39%
KMB	C	-0.35%
CL	D	-0.33%
PEG	A	-0.3%
SYK	B	-0.28%
WEC	A	-0.25%
ELV	F	-0.25%
BDX	F	-0.24%
ED	C	-0.24%
ADM	D	-0.2%
DTE	C	-0.19%
TEL	B	-0.19%
AEE	A	-0.18%
MSI	B	-0.17%
YUM	D	-0.17%
FERG	B	-0.16%
HSY	F	-0.16%
K	A	-0.14%
CMS	C	-0.14%
STZ	D	-0.14%
PPG	F	-0.14%
ECL	D	-0.13%
GPC	D	-0.12%
CAH	B	-0.12%
NI	A	-0.12%
OMC	C	-0.12%
AWK	C	-0.12%
CMA	B	-0.11%
BAX	F	-0.11%
SJM	D	-0.1%
HCA	F	-0.1%
IPG	D	-0.1%
MCK	A	-0.1%
CTVA	C	-0.1%
MKC	C	-0.09%
EMN	C	-0.09%
EWBC	A	-0.09%
PNW	A	-0.09%
DGX	A	-0.08%
COR	B	-0.08%
HUM	C	-0.08%
UNM	A	-0.08%
MOS	F	-0.07%
RMD	C	-0.07%
ORI	A	-0.07%
CHD	A	-0.07%
JEF	A	-0.07%
CFR	B	-0.07%
HRL	D	-0.07%
CHRW	B	-0.07%
ZION	B	-0.07%
WTRG	B	-0.07%
PB	B	-0.06%
LW	C	-0.06%
FMC	D	-0.06%
RGA	A	-0.06%
RHI	C	-0.06%
RPM	A	-0.06%
EQH	C	-0.06%
VOYA	B	-0.05%
TXRH	B	-0.05%
GBCI	B	-0.05%
POR	C	-0.05%
NXST	C	-0.05%
OZK	B	-0.05%
INGR	C	-0.05%
ALB	B	-0.05%
FAF	A	-0.05%
DPZ	C	-0.05%
SF	B	-0.05%
WTFC	A	-0.04%
MSM	C	-0.04%
AXS	A	-0.04%
TXNM	A	-0.04%
JKHY	D	-0.04%
CBSH	B	-0.04%
HRB	D	-0.04%
R	B	-0.04%
BPOP	C	-0.04%
NJR	A	-0.04%
SR	A	-0.04%
HOMB	A	-0.04%
FLO	D	-0.04%
SCI	B	-0.04%
WAL	B	-0.04%
CE	F	-0.04%
POOL	C	-0.04%
SON	F	-0.04%
SSB	B	-0.04%
STE	D	-0.04%
NFG	A	-0.04%
LECO	C	-0.04%
IDA	A	-0.04%
G	B	-0.03%
LCII	C	-0.03%
ESNT	F	-0.03%
UCB	A	-0.03%
CATY	B	-0.03%
GNTX	C	-0.03%
BWXT	B	-0.03%
AVT	C	-0.03%
FFIN	B	-0.03%
BC	C	-0.03%
PII	F	-0.03%
ITT	A	-0.03%
ATR	B	-0.03%
MAN	F	-0.03%
OSK	C	-0.03%
THG	A	-0.03%
KTB	B	-0.03%
DCI	B	-0.03%
NVT	B	-0.03%
MTG	C	-0.03%
HLI	A	-0.03%
OGS	A	-0.03%
PRI	B	-0.03%
PRGO	C	-0.03%
EVR	B	-0.03%
WLK	D	-0.02%
SLGN	A	-0.02%
MDU	D	-0.02%
LFUS	D	-0.02%
ASH	F	-0.02%
AWR	B	-0.02%
DLB	B	-0.02%
NSP	F	-0.02%
LANC	C	-0.02%
MSA	F	-0.02%
AGCO	D	-0.02%
HI	C	-0.02%
AGO	B	-0.02%
CADE	B	-0.02%
LPX	B	-0.02%
CASY	A	-0.02%
MGEE	B	-0.02%
RNR	C	-0.02%
NYT	D	-0.02%
SFBS	C	-0.02%
LAD	A	-0.02%
SNX	D	-0.02%
OTTR	C	-0.02%
AIT	B	-0.02%
UMBF	B	-0.02%
TKR	D	-0.02%
CNO	B	-0.02%
CRI	F	-0.02%
WD	D	-0.02%
PAG	B	-0.02%
GATX	A	-0.02%
UFPI	C	-0.02%
GL	C	-0.02%
SIGI	C	-0.02%
XRAY	F	-0.02%
HLNE	B	-0.02%
AL	B	-0.02%
FBP	C	-0.02%
AVNT	B	-0.02%
CBT	D	-0.02%
RRX	B	-0.02%
RGLD	C	-0.02%
THO	B	-0.02%
WING	D	-0.01%
AMTM	D	-0.01%
KWR	C	-0.01%
GOLF	B	-0.01%
AIN	C	-0.01%
CHE	D	-0.01%
BCPC	B	-0.01%
CHDN	B	-0.01%
BCC	B	-0.01%
GPI	B	-0.01%
AAON	B	-0.01%
WMS	F	-0.01%
BRC	D	-0.01%
COLM	C	-0.01%
IOSP	C	-0.01%
CW	C	-0.01%
WHD	B	-0.01%
BMI	B	-0.01%
FELE	B	-0.01%
FUL	F	-0.01%
BANF	B	-0.01%
POWI	F	-0.01%
JJSF	C	-0.01%
TEX	F	-0.01%
MORN	B	-0.01%
SSD	F	-0.01%
CGNX	D	-0.01%
ECG	C	-0.01%
MGRC	B	-0.01%
LSTR	D	-0.01%
WTS	B	-0.01%
TTEK	F	-0.01%
RUSHA	C	-0.01%
EXPO	D	-0.01%
RLI	A	-0.01%
FCFS	F	-0.01%
WDFC	B	-0.01%
FIX	A	-0.01%
BOKF	B	-0.01%
SHOO	F	-0.01%
IPAR	B	-0.01%
OLED	F	-0.01%
MATX	C	-0.01%
SIRI	C	-0.01%
AWI	A	-0.01%
ABM	B	-0.01%
CWT	C	-0.01%
DDS	B	-0.0%
RUSHB	C	-0.0%
ENSG	C	-0.0%
KNSL	B	-0.0%
NNI	D	-0.0%
CSWI	B	-0.0%
WOR	F	-0.0%
KAI	B	-0.0%