INRO vs. FBCG ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to Fidelity Blue Chip Growth ETF (FBCG)

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

FBCG

Fidelity Blue Chip Growth ETF

FBCG Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.37

Average Daily Volume

431,675

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

Performance

Period	INRO	FBCG
30 Days	2.86%	2.53%
60 Days	5.93%	7.44%
90 Days	6.63%	7.59%
12 Months		43.20%

107 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in FBCG	Overlap
AAPL	C	5.57%	11.67%	5.57%
ADBE	C	0.32%	0.0%	0.0%
ALNY	D	0.05%	0.12%	0.05%
AMAT	F	0.32%	0.05%	0.05%
AMD	F	0.49%	0.42%	0.42%
AMZN	C	1.46%	8.54%	1.46%
APH	A	0.19%	0.09%	0.09%
APO	B	0.01%	0.09%	0.01%
APP	B	0.08%	0.51%	0.08%
AVGO	D	1.64%	0.82%	0.82%
AXON	A	0.02%	0.05%	0.02%
AXP	A	1.14%	0.37%	0.37%
BA	F	0.04%	0.41%	0.04%
BLDR	D	0.15%	0.09%	0.09%
BRK.A	B	0.06%	0.04%	0.04%
C	A	0.34%	0.18%	0.18%
CCK	D	0.05%	0.03%	0.03%
COIN	C	0.2%	0.31%	0.2%
COST	A	0.46%	0.08%	0.08%
DAL	B	0.03%	0.05%	0.03%
DDOG	A	0.05%	0.12%	0.05%
DELL	B	0.07%	0.13%	0.07%
DHI	F	0.33%	0.13%	0.13%
DHR	F	0.2%	0.32%	0.2%
DKS	D	0.03%	0.26%	0.03%
EME	A	0.19%	0.05%	0.05%
ENPH	F	0.02%	0.06%	0.02%
EOG	A	0.14%	0.2%	0.14%
ETN	A	0.48%	0.12%	0.12%
EXAS	D	0.01%	0.05%	0.01%
FANG	C	0.06%	0.22%	0.06%
FBIN	D	0.07%	0.06%	0.06%
FDX	B	0.02%	0.03%	0.02%
FSLR	F	0.04%	0.07%	0.04%
GE	D	0.08%	0.26%	0.08%
GEV	B	0.31%	0.12%	0.12%
GLW	B	0.09%	0.14%	0.09%
GM	C	0.09%	0.0%	0.0%
GOOGL	C	3.12%	6.31%	3.12%
GRMN	B	0.22%	0.04%	0.04%
GS	A	0.62%	0.25%	0.25%
HD	B	1.16%	0.09%	0.09%
HUBS	A	0.05%	0.24%	0.05%
HWM	A	0.02%	0.2%	0.02%
INTU	B	0.28%	0.23%	0.23%
IP	A	0.09%	0.03%	0.03%
KEY	B	0.05%	0.0%	0.0%
KKR	A	0.31%	0.11%	0.11%
LIN	C	0.02%	0.05%	0.02%
LLY	F	0.64%	3.11%	0.64%
LNG	A	0.09%	0.03%	0.03%
LOW	C	0.45%	1.07%	0.45%
LRCX	F	0.21%	0.11%	0.11%
MA	B	0.04%	1.1%	0.04%
MCO	B	0.26%	0.1%	0.1%
MDB	B	0.01%	0.11%	0.01%
META	D	3.77%	5.72%	3.77%
MLM	C	0.59%	0.06%	0.06%
MMM	D	0.78%	0.03%	0.03%
MPWR	F	0.06%	0.49%	0.06%
MRK	D	0.24%	0.21%	0.21%
MRNA	F	0.02%	0.07%	0.02%
MRVL	B	0.17%	1.35%	0.17%
MS	A	0.52%	0.12%	0.12%
MSFT	D	4.18%	8.36%	4.18%
MTB	A	0.09%	0.03%	0.03%
MU	D	0.25%	0.05%	0.05%
NOW	A	0.3%	0.39%	0.3%
NVDA	B	7.42%	13.34%	7.42%
NXPI	D	0.12%	1.49%	0.12%
ON	D	0.06%	0.54%	0.06%
ORCL	A	0.44%	0.24%	0.24%
OXY	D	0.06%	0.0%	0.0%
PGR	A	0.23%	0.26%	0.23%
PHM	D	0.19%	0.1%	0.1%
PINS	F	0.05%	0.0%	0.0%
PM	B	0.83%	0.11%	0.11%
QCOM	F	0.39%	0.15%	0.15%
REGN	F	0.12%	0.81%	0.12%
RIVN	F	0.01%	0.18%	0.01%
SHW	B	0.01%	0.09%	0.01%
SNAP	D	0.04%	1.47%	0.04%
SNOW	B	0.01%	0.11%	0.01%
SNPS	B	0.12%	0.06%	0.06%
SW	A	0.12%	0.03%	0.03%
TDG	D	0.03%	0.05%	0.03%
TER	F	0.03%	0.3%	0.03%
TGT	F	0.08%	0.08%	0.08%
TJX	A	0.38%	0.54%	0.38%
TMO	F	0.26%	0.1%	0.1%
TMUS	B	4.59%	0.09%	0.09%
TSLA	B	1.32%	1.03%	1.03%
TT	A	0.65%	0.03%	0.03%
UBER	F	0.5%	1.19%	0.5%
UNH	B	0.01%	1.16%	0.01%
USB	A	0.2%	0.03%	0.03%
V	A	0.04%	0.24%	0.04%
VMC	B	0.61%	0.06%	0.06%
WDC	D	0.04%	0.2%	0.04%
WELL	A	0.18%	0.27%	0.18%
WMT	A	0.41%	0.41%	0.41%
WSM	C	0.05%	0.05%	0.05%
WSO	A	0.16%	0.03%	0.03%
XOM	B	0.95%	0.0%	0.0%
Z	A	0.25%	0.09%	0.09%
ZM	C	0.04%	0.13%	0.04%
ZTS	D	0.08%	0.47%	0.08%

INRO Overweight 316 Positions Relative to FBCG

Symbol	Grade	Weight
GOOG	C	2.71%
JPM	A	1.68%
HON	C	1.56%
BXP	C	1.38%
NEE	C	0.94%
CBRE	B	0.88%
BAC	A	0.79%
CSGP	D	0.65%
WFC	A	0.62%
SO	C	0.59%
UNP	C	0.55%
DUK	C	0.53%
SPGI	C	0.52%
URI	C	0.5%
COF	C	0.49%
CVX	A	0.48%
CRM	B	0.47%
GWW	B	0.46%
CEG	C	0.45%
BX	A	0.42%
CARR	C	0.42%
TXN	C	0.41%
FAST	B	0.41%
JCI	B	0.4%
ABBV	F	0.4%
MO	A	0.39%
PWR	A	0.37%
WM	B	0.37%
SCHW	B	0.37%
JNJ	C	0.36%
CAT	B	0.36%
CTAS	B	0.34%
DFS	B	0.31%
AEP	C	0.31%
ICE	C	0.29%
ADP	A	0.29%
LEN	D	0.28%
PCG	A	0.26%
CME	B	0.26%
CSX	C	0.26%
EMR	B	0.24%
EXC	C	0.24%
NSC	B	0.23%
ADI	D	0.23%
COP	C	0.23%
XEL	A	0.23%
NVR	D	0.22%
INTC	C	0.22%
AMGN	F	0.22%
CPRT	B	0.21%
ORLY	B	0.21%
DE	B	0.2%
RSG	A	0.2%
ETR	B	0.2%
EIX	B	0.2%
WCN	A	0.2%
PNC	B	0.2%
SYF	B	0.18%
KLAC	F	0.18%
PANW	B	0.18%
VRTX	D	0.17%
ODFL	C	0.17%
PH	A	0.17%
VST	A	0.17%
PLTR	B	0.17%
AMP	A	0.17%
GILD	C	0.16%
MMC	B	0.16%
CB	C	0.16%
FE	C	0.15%
CSL	C	0.15%
AZO	C	0.15%
MSCI	C	0.15%
TFC	A	0.15%
ITW	B	0.15%
LII	A	0.14%
ROST	D	0.14%
PFE	F	0.14%
AME	A	0.14%
VRT	B	0.14%
ES	C	0.13%
NDAQ	A	0.12%
CDNS	B	0.12%
BMY	B	0.12%
NRG	B	0.12%
MAS	D	0.12%
WMB	A	0.12%
AMT	C	0.11%
ARES	A	0.11%
VLTO	C	0.11%
NEM	D	0.11%
RJF	A	0.11%
BK	A	0.11%
PAYX	B	0.11%
OKE	A	0.11%
AON	A	0.11%
CRWD	B	0.11%
FCX	F	0.11%
ACM	B	0.11%
OC	A	0.11%
PCAR	B	0.11%
KMI	A	0.1%
ADSK	A	0.1%
PSX	C	0.1%
MPC	D	0.1%
PKG	A	0.1%
ROK	C	0.1%
EQIX	A	0.1%
LNT	A	0.1%
EVRG	A	0.1%
ALLE	C	0.09%
TSCO	D	0.09%
AFL	B	0.09%
FTNT	C	0.09%
TRV	B	0.09%
ROP	B	0.09%
VRSK	A	0.09%
AJG	A	0.09%
CMI	A	0.09%
SLB	C	0.09%
MET	A	0.08%
OTIS	C	0.08%
MCHP	F	0.08%
AIG	B	0.08%
HUBB	B	0.08%
IR	B	0.08%
ALL	A	0.08%
VLO	C	0.08%
EFX	F	0.08%
FITB	B	0.08%
MSTR	B	0.08%
NTRS	A	0.08%
FICO	B	0.08%
BALL	F	0.08%
WDAY	B	0.08%
PSA	C	0.07%
RTX	D	0.07%
RF	A	0.07%
BKR	A	0.07%
HBAN	A	0.07%
BR	A	0.07%
FDS	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%
ACN	B	0.07%
AMCR	C	0.07%
AVY	F	0.07%
DOV	A	0.06%
BAH	F	0.06%
ACGL	C	0.06%
CDW	F	0.06%
XYL	D	0.06%
VTR	B	0.06%
TEAM	A	0.06%
JBHT	C	0.06%
LDOS	C	0.06%
KEYS	A	0.06%
F	C	0.06%
AOS	F	0.06%
ROL	B	0.06%
HPQ	B	0.06%
IBM	C	0.06%
TDY	B	0.05%
KR	B	0.05%
PPL	A	0.05%
BURL	B	0.05%
ATO	A	0.05%
WTW	B	0.05%
ANSS	B	0.05%
TRU	D	0.05%
TPL	A	0.05%
HPE	B	0.05%
TROW	B	0.05%
LMT	D	0.05%
A	D	0.05%
HOOD	B	0.05%
FTV	C	0.05%
IQV	F	0.05%
FCNCA	A	0.05%
VICI	C	0.05%
HIG	B	0.05%
BBY	D	0.05%
ULTA	F	0.05%
CCI	C	0.05%
TW	A	0.05%
STT	B	0.05%
CFG	B	0.05%
KMX	B	0.04%
STX	C	0.04%
PNR	A	0.04%
KNX	C	0.04%
SNA	A	0.04%
PTC	B	0.04%
MTD	F	0.04%
ARE	F	0.04%
CBOE	C	0.04%
MKL	A	0.04%
CINF	A	0.04%
HAL	C	0.04%
TRMB	B	0.04%
BRO	B	0.04%
TYL	B	0.04%
PFG	D	0.04%
EQT	B	0.04%
DVN	F	0.04%
IRM	C	0.04%
EXR	C	0.04%
CG	B	0.04%
NTAP	C	0.04%
J	D	0.04%
SYY	D	0.04%
ZBRA	B	0.04%
MRO	B	0.03%
BEN	C	0.03%
GEN	B	0.03%
ZS	B	0.03%
EG	C	0.03%
SWK	D	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%
WRB	A	0.03%
L	A	0.03%
SWKS	F	0.03%
WAT	C	0.03%
NDSN	B	0.03%
DAY	B	0.03%
WY	F	0.03%
DOC	C	0.03%
WST	C	0.03%
GGG	B	0.03%
UPS	C	0.03%
ILMN	C	0.03%
GD	D	0.03%
NOC	D	0.03%
BIIB	F	0.03%
ENTG	D	0.03%
AES	F	0.03%
IEX	C	0.03%
MKTX	D	0.03%
SSNC	B	0.03%
JBL	C	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%
SEIC	B	0.02%
INCY	C	0.02%
TTC	C	0.02%
AIZ	A	0.02%
ERIE	D	0.02%
IOT	A	0.02%
CNH	C	0.02%
AFG	A	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%
OVV	B	0.02%
UTHR	C	0.02%
MTCH	D	0.02%
LHX	C	0.02%
GLPI	C	0.02%
DOCU	B	0.02%
EBAY	D	0.02%
WBA	F	0.01%
APD	A	0.01%
RS	B	0.01%
FIS	C	0.01%
SUI	C	0.01%
ACI	C	0.01%
STLD	B	0.01%
ESS	B	0.01%
TXT	D	0.01%
HEI	A	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%
CTLT	C	0.01%
DLTR	F	0.01%
APA	D	0.01%
BIO	C	0.01%
EQR	C	0.01%
LUV	C	0.01%
NUE	C	0.01%
AVB	B	0.01%
FI	A	0.01%
GDDY	A	0.01%
DG	F	0.01%
DINO	D	0.01%
QRVO	F	0.01%
CHRD	D	0.01%
HII	F	0.0%
FNF	B	0.0%
HEI	A	0.0%
EXPD	C	0.0%
CPT	B	0.0%

INRO Underweight 99 Positions Relative to FBCG

Symbol	Grade	Weight
NFLX	A	-2.4%
TSM	B	-0.85%
BSX	A	-0.8%
CVNA	B	-0.7%
DECK	A	-0.54%
SBUX	A	-0.49%
CMG	B	-0.48%
LULU	C	-0.46%
ABNB	C	-0.45%
LYFT	C	-0.42%
ANF	F	-0.4%
NKE	F	-0.4%
NVO	F	-0.38%
GFS	C	-0.37%
ISRG	A	-0.36%
RH	C	-0.35%
SN	D	-0.35%
OKTA	C	-0.32%
CROX	D	-0.28%
PDD	F	-0.28%
AEO	F	-0.27%
SQ	A	-0.26%
CRS	B	-0.23%
ASML	F	-0.21%
SYK	B	-0.2%
DKNG	B	-0.2%
SGBX	F	-0.2%
THC	D	-0.18%
SHOP	B	-0.17%
PG	C	-0.13%
FLUT	A	-0.13%
MCD	D	-0.12%
PENN	C	-0.12%
RDDT	A	-0.12%
TEVA	C	-0.12%
WRBY	A	-0.12%
OWL	A	-0.12%
ANET	C	-0.11%
FIVE	F	-0.1%
PODD	C	-0.09%
OLLI	D	-0.09%
ATI	C	-0.08%
SPOT	B	-0.08%
VSCO	C	-0.07%
EXP	B	-0.07%
DUOL	A	-0.07%
PLNT	A	-0.06%
AYI	B	-0.06%
KVUE	A	-0.06%
CHRW	B	-0.06%
CIEN	C	-0.06%
VFC	C	-0.06%
SAP	B	-0.06%
JEF	A	-0.06%
TOST	B	-0.06%
LEGN	D	-0.05%
ALGM	D	-0.05%
UAL	A	-0.05%
SPR	D	-0.05%
RL	C	-0.04%
GKOS	B	-0.04%
PI	D	-0.04%
HDB	C	-0.04%
BKNG	A	-0.04%
COHR	B	-0.04%
PVH	C	-0.04%
TKO	A	-0.04%
MASI	B	-0.03%
LEVI	F	-0.03%
MMYT	B	-0.03%
CHWY	B	-0.03%
CCL	A	-0.03%
CAR	C	-0.03%
ROKU	D	-0.03%
FLR	B	-0.03%
TTWO	A	-0.03%
WING	D	-0.03%
TOL	B	-0.03%
EAT	A	-0.03%
EL	F	-0.03%
ONON	A	-0.03%
RCL	A	-0.03%
TTD	B	-0.03%
AZEK	A	-0.03%
NTRA	A	-0.03%
ACVA	B	-0.03%
ELF	C	-0.02%
FL	F	-0.02%
W	D	-0.02%
ASND	F	-0.01%
HLT	A	-0.0%
TPR	B	-0.0%
TMDX	F	-0.0%
MCK	A	-0.0%
GAP	C	-0.0%
CELH	F	-0.0%
CZR	F	-0.0%
MAR	A	-0.0%
SE	A	-0.0%