INRO vs. FELG ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to Fidelity Enhanced Large Cap Growth ETF (FELG)
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
FELG

Fidelity Enhanced Large Cap Growth ETF

FELG Description The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.54

Average Daily Volume

218,971

Number of Holdings *

79

* may have additional holdings in another (foreign) market
Performance
Period INRO FELG
30 Days 5.09% 3.26%
60 Days 6.25% 5.11%
90 Days 7.10% 6.08%
12 Months 36.88%
56 Overlapping Holdings
Symbol Grade Weight in INRO Weight in FELG Overlap
AAPL C 5.76% 12.05% 5.76%
ABBV D 0.39% 0.94% 0.39%
ADBE C 0.32% 1.29% 0.32%
ALLE D 0.08% 0.33% 0.08%
AMAT F 0.3% 0.94% 0.3%
AMD F 0.47% 0.01% 0.01%
AMZN C 1.47% 6.62% 1.47%
APP B 0.1% 0.31% 0.1%
AVGO D 1.54% 3.11% 1.54%
AXON A 0.02% 0.32% 0.02%
BAH F 0.04% 0.11% 0.04%
BBWI D 0.02% 0.45% 0.02%
BMY B 0.11% 0.54% 0.11%
CAT B 0.35% 0.32% 0.32%
COST B 0.47% 0.91% 0.47%
CRM B 0.45% 0.59% 0.45%
CTAS B 0.34% 0.66% 0.34%
ECL D 0.0% 0.7% 0.0%
FTNT C 0.08% 0.65% 0.08%
GILD C 0.14% 0.5% 0.14%
GOOG C 2.72% 2.52% 2.52%
GOOGL C 3.13% 3.57% 3.13%
GRMN B 0.22% 0.54% 0.22%
HD A 1.17% 0.62% 0.62%
HWM A 0.02% 0.55% 0.02%
INCY C 0.02% 0.5% 0.02%
INTU C 0.26% 0.11% 0.11%
KLAC D 0.17% 0.79% 0.17%
LLY F 0.57% 1.54% 0.57%
LMT D 0.05% 0.62% 0.05%
LRCX F 0.19% 0.82% 0.19%
MA C 0.04% 2.02% 0.04%
META D 3.68% 4.74% 3.68%
MPWR F 0.06% 0.4% 0.06%
MRK F 0.24% 1.35% 0.24%
MSCI C 0.16% 0.26% 0.16%
MSFT F 4.24% 10.23% 4.24%
NOC D 0.03% 0.49% 0.03%
NOW A 0.3% 0.51% 0.3%
NVDA C 7.62% 11.91% 7.62%
ORCL B 0.45% 0.46% 0.45%
QCOM F 0.39% 1.12% 0.39%
SCHW B 0.41% 0.59% 0.41%
TJX A 0.39% 0.77% 0.39%
TMUS B 4.56% 0.5% 0.5%
TPL A 0.05% 0.03% 0.03%
TSLA B 1.32% 3.47% 1.32%
TT A 0.65% 0.63% 0.63%
TW A 0.06% 0.31% 0.06%
UBER D 0.49% 0.98% 0.49%
UNP C 0.54% 0.74% 0.54%
V A 0.04% 1.2% 0.04%
WDAY B 0.08% 0.71% 0.08%
WMT A 0.45% 0.13% 0.13%
ZBRA B 0.04% 0.09% 0.04%
ZM B 0.03% 0.51% 0.03%
INRO Overweight 373 Positions Relative to FELG
Symbol Grade Weight
JPM A 1.74%
HON B 1.6%
BXP D 1.35%
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%
GS A 0.64%
WFC A 0.64%
CSGP D 0.63%
SO D 0.6%
VMC B 0.59%
MLM B 0.57%
MS A 0.55%
SPGI C 0.55%
DUK C 0.54%
CVX A 0.5%
ETN A 0.48%
COF B 0.48%
URI B 0.47%
BX A 0.45%
CEG D 0.45%
GWW B 0.44%
LOW D 0.43%
CARR D 0.42%
MO A 0.41%
FAST B 0.4%
TXN C 0.39%
JCI C 0.39%
WM A 0.37%
PWR A 0.37%
JNJ D 0.37%
C A 0.34%
ICE C 0.33%
DHI D 0.33%
AEP D 0.32%
KKR A 0.31%
GEV B 0.31%
CME A 0.3%
ADP B 0.29%
DFS B 0.29%
LEN D 0.28%
MCO B 0.28%
PCG A 0.26%
EXC C 0.25%
CSX B 0.25%
Z A 0.25%
XEL A 0.24%
EMR A 0.24%
COP C 0.24%
TMO F 0.24%
PGR A 0.23%
MU D 0.23%
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%
EIX B 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%
VST B 0.19%
EME C 0.19%
APH A 0.19%
AMP A 0.19%
DHR F 0.19%
SYF B 0.18%
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%
ODFL B 0.16%
WSO A 0.16%
MMC B 0.16%
VRT B 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%
BLDR D 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%
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%
CRWD B 0.12%
NXPI D 0.12%
OKE A 0.12%
ARES A 0.12%
NRG B 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%
ACM A 0.11%
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%
BALL D 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%
ON D 0.06%
HOOD B 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%
IBM C 0.06%
IQV D 0.05%
KR B 0.05%
WTW B 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%
CCK C 0.05%
FTV C 0.05%
TROW B 0.05%
BURL 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%
PTC A 0.04%
ARE D 0.04%
WDC 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%
CBOE B 0.04%
DVN F 0.04%
EQT B 0.04%
PFG D 0.04%
SYY B 0.04%
IRM D 0.04%
BA F 0.04%
EXR D 0.04%
NTAP C 0.04%
TDY B 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%
SBAC D 0.03%
WST C 0.03%
WRB A 0.03%
L A 0.03%
BIIB F 0.03%
DOC D 0.03%
TDG D 0.03%
WY D 0.03%
GGG B 0.03%
ENTG D 0.03%
LIN D 0.03%
SNAP C 0.03%
JBL B 0.03%
DAL C 0.03%
TER D 0.03%
IEX B 0.03%
AES F 0.03%
SSNC B 0.03%
BEN C 0.03%
STX D 0.03%
DKS C 0.03%
MTD D 0.03%
KMX B 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%
DG F 0.02%
SEIC B 0.02%
ERIE D 0.02%
ENPH F 0.02%
AVTR F 0.02%
AIZ A 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%
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%
GEN B 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%
ACI C 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%
TWLO 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%
CRL C 0.01%
AVB B 0.01%
FI A 0.01%
QRVO F 0.01%
TECH D 0.01%
CHRD D 0.01%
GDDY A 0.01%
BSY D 0.01%
CTSH B 0.01%
LYB F 0.0%
HII D 0.0%
CHRW C 0.0%
FNF B 0.0%
HEI B 0.0%
WBA F 0.0%
EXPD D 0.0%
INRO Underweight 23 Positions Relative to FELG
Symbol Grade Weight
NFLX A -1.81%
BKNG A -1.1%
ANET C -0.83%
CMG B -0.77%
DASH A -0.72%
SQ B -0.66%
MSI B -0.65%
EXEL B -0.57%
SPG B -0.56%
ANF C -0.52%
LYFT C -0.51%
NTRA B -0.5%
DBX B -0.43%
IDXX F -0.39%
TDC D -0.3%
NU C -0.19%
CLX B -0.18%
PEP F -0.15%
SCCO F -0.14%
MEDP D -0.12%
ISRG A -0.1%
CVNA B -0.07%
MORN B -0.07%
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