INRO vs. FVD ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to First Trust VL Dividend (FVD)

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

FVD

First Trust VL Dividend

FVD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Value Line(R) Dividend Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.

Grade (RS Rating)

Last Trade

$46.24

Average Daily Volume

487,998

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

Performance

Period	INRO	FVD
30 Days	5.09%	1.87%
60 Days	6.25%	2.34%
90 Days	7.10%	4.86%
12 Months		22.35%

88 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in FVD	Overlap
ABBV	D	0.39%	0.42%	0.39%
ACN	C	0.07%	0.45%	0.07%
ADI	D	0.22%	0.44%	0.22%
ADP	B	0.29%	0.48%	0.29%
AEP	D	0.32%	0.44%	0.32%
AFL	B	0.09%	0.45%	0.09%
AIZ	A	0.02%	0.52%	0.02%
ALL	A	0.08%	0.47%	0.08%
AMGN	D	0.2%	0.43%	0.2%
AOS	F	0.06%	0.43%	0.06%
APD	A	0.01%	0.44%	0.01%
ATO	A	0.05%	0.47%	0.05%
AVY	D	0.07%	0.43%	0.07%
BAH	F	0.04%	0.44%	0.04%
BK	A	0.11%	0.48%	0.11%
BMY	B	0.11%	0.52%	0.11%
BR	A	0.08%	0.48%	0.08%
CAT	B	0.35%	0.46%	0.35%
CB	C	0.17%	0.45%	0.17%
CHRW	C	0.0%	0.48%	0.0%
CME	A	0.3%	0.46%	0.3%
CMI	A	0.1%	0.51%	0.1%
CSX	B	0.25%	0.49%	0.25%
CTSH	B	0.01%	0.49%	0.01%
CVX	A	0.5%	0.5%	0.5%
DE	A	0.2%	0.45%	0.2%
DUK	C	0.54%	0.43%	0.43%
EIX	B	0.21%	0.45%	0.21%
EMR	A	0.24%	0.54%	0.24%
EQIX	A	0.1%	0.47%	0.1%
ES	D	0.14%	0.43%	0.14%
ETR	B	0.2%	0.51%	0.2%
EVRG	A	0.11%	0.48%	0.11%
EXC	C	0.25%	0.44%	0.25%
EXPD	D	0.0%	0.47%	0.0%
FAST	B	0.4%	0.49%	0.4%
GD	F	0.03%	0.44%	0.03%
GILD	C	0.14%	0.5%	0.14%
GRMN	B	0.22%	0.59%	0.22%
GS	A	0.64%	0.53%	0.53%
HD	A	1.17%	0.46%	0.46%
HII	D	0.0%	0.35%	0.0%
HON	B	1.6%	0.48%	0.48%
IBM	C	0.06%	0.42%	0.06%
IEX	B	0.03%	0.51%	0.03%
ITW	B	0.15%	0.49%	0.15%
JCI	C	0.39%	0.51%	0.39%
JNJ	D	0.37%	0.43%	0.37%
JPM	A	1.74%	0.5%	0.5%
KR	B	0.05%	0.49%	0.05%
LHX	C	0.02%	0.46%	0.02%
LMT	D	0.05%	0.41%	0.05%
LNT	A	0.11%	0.45%	0.11%
LOW	D	0.43%	0.45%	0.43%
MMC	B	0.16%	0.46%	0.16%
MMM	D	0.76%	0.46%	0.46%
MO	A	0.41%	0.52%	0.41%
MRK	F	0.24%	0.43%	0.24%
MS	A	0.55%	0.52%	0.52%
NDAQ	A	0.14%	0.49%	0.14%
NDSN	B	0.03%	0.47%	0.03%
NOC	D	0.03%	0.44%	0.03%
NSC	B	0.22%	0.5%	0.22%
OTIS	C	0.08%	0.44%	0.08%
PAYX	C	0.11%	0.48%	0.11%
PFE	D	0.14%	0.42%	0.14%
PKG	A	0.1%	0.5%	0.1%
PM	B	0.87%	0.5%	0.5%
PPL	B	0.05%	0.47%	0.05%
PSA	D	0.07%	0.46%	0.07%
RTX	C	0.06%	0.44%	0.06%
SEIC	B	0.02%	0.52%	0.02%
SNA	A	0.04%	0.51%	0.04%
SO	D	0.6%	0.44%	0.44%
TGT	F	0.08%	0.47%	0.08%
TJX	A	0.39%	0.48%	0.39%
TROW	B	0.05%	0.49%	0.05%
TRV	B	0.09%	0.46%	0.09%
TSCO	D	0.09%	0.44%	0.09%
TXN	C	0.39%	0.49%	0.39%
UNH	C	0.01%	0.48%	0.01%
UNP	C	0.54%	0.46%	0.46%
UPS	C	0.04%	0.47%	0.04%
WM	A	0.37%	0.49%	0.37%
WSO	A	0.16%	0.5%	0.16%
WTW	B	0.05%	0.5%	0.05%
XEL	A	0.24%	0.51%	0.24%
XOM	B	0.95%	0.47%	0.47%

INRO Overweight 341 Positions Relative to FVD

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%
AVGO	D	1.54%
AMZN	C	1.47%
BXP	D	1.35%
TSLA	B	1.32%
AXP	A	1.14%
NEE	D	0.97%
CBRE	B	0.87%
BAC	A	0.81%
TT	A	0.65%
WFC	A	0.64%
CSGP	D	0.63%
VMC	B	0.59%
MLM	B	0.57%
LLY	F	0.57%
SPGI	C	0.55%
UBER	D	0.49%
ETN	A	0.48%
COF	B	0.48%
URI	B	0.47%
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%
CARR	D	0.42%
SCHW	B	0.41%
QCOM	F	0.39%
PWR	A	0.37%
CTAS	B	0.34%
C	A	0.34%
ICE	C	0.33%
DHI	D	0.33%
ADBE	C	0.32%
KKR	A	0.31%
GEV	B	0.31%
AMAT	F	0.3%
NOW	A	0.3%
DFS	B	0.29%
LEN	D	0.28%
MCO	B	0.28%
INTU	C	0.26%
PCG	A	0.26%
Z	A	0.25%
COP	C	0.24%
TMO	F	0.24%
PGR	A	0.23%
MU	D	0.23%
INTC	D	0.22%
WCN	A	0.21%
ORLY	B	0.21%
PNC	B	0.21%
CPRT	A	0.21%
NVR	D	0.21%
USB	A	0.2%
RSG	A	0.2%
COIN	C	0.2%
VST	B	0.19%
EME	C	0.19%
APH	A	0.19%
AMP	A	0.19%
LRCX	F	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%
PH	A	0.17%
KLAC	D	0.17%
ODFL	B	0.16%
MSCI	C	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%
ROST	C	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%
REGN	F	0.11%
VLTO	D	0.11%
PCAR	B	0.11%
AMT	D	0.11%
AON	A	0.11%
NEM	D	0.11%
ACM	A	0.11%
APP	B	0.1%
AJG	B	0.1%
KMI	A	0.1%
PSX	C	0.1%
MPC	D	0.1%
ROK	B	0.1%
MSTR	C	0.1%
NTRS	A	0.1%
GLW	B	0.09%
GM	B	0.09%
IP	B	0.09%
AIG	B	0.09%
LNG	B	0.09%
MTB	A	0.09%
ROP	B	0.09%
VRSK	A	0.09%
SLB	C	0.09%
ADSK	A	0.09%
MCHP	D	0.08%
TRGP	B	0.08%
EFX	F	0.08%
ZTS	D	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%
FITB	A	0.08%
FICO	B	0.08%
VLO	C	0.08%
ALLE	D	0.08%
FTNT	C	0.08%
WDAY	B	0.08%
BALL	D	0.08%
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%
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%
MPWR	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%
TW	A	0.06%
IQV	D	0.05%
A	D	0.05%
ANSS	B	0.05%
HUBS	A	0.05%
ULTA	F	0.05%
HPE	B	0.05%
LDOS	C	0.05%
CG	A	0.05%
CCK	C	0.05%
FTV	C	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%
PTC	A	0.04%
ARE	D	0.04%
WDC	D	0.04%
TRMB	B	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%
IRM	D	0.04%
BA	F	0.04%
ZBRA	B	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%
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%
ZM	B	0.03%
TER	D	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%
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%
ERIE	D	0.02%
ENPH	F	0.02%
AXON	A	0.02%
AVTR	F	0.02%
ALLY	C	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%
BBWI	D	0.02%
CNH	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%
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%
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%
LYB	F	0.0%
ECL	D	0.0%
FNF	B	0.0%
HEI	B	0.0%
WBA	F	0.0%

INRO Underweight 113 Positions Relative to FVD

Symbol	Grade	Weight
GATX	A	-0.54%
G	B	-0.54%
CBSH	A	-0.54%
DTM	B	-0.53%
PINC	B	-0.53%
RHI	B	-0.53%
INGR	B	-0.52%
IDA	A	-0.52%
IOSP	B	-0.51%
SRE	A	-0.5%
HLI	B	-0.5%
LANC	C	-0.5%
CMCSA	B	-0.5%
UVV	B	-0.5%
WERN	C	-0.5%
WDFC	B	-0.5%
BLK	C	-0.49%
CPK	A	-0.49%
NEU	C	-0.49%
SLGN	A	-0.49%
THG	A	-0.49%
DGX	A	-0.49%
OTTR	C	-0.48%
DCI	B	-0.48%
CSCO	B	-0.48%
TM	D	-0.48%
T	A	-0.48%
SBUX	A	-0.48%
GNTX	C	-0.48%
NI	A	-0.48%
SCL	C	-0.48%
CLX	B	-0.48%
BKH	A	-0.48%
SWX	B	-0.48%
BTI	B	-0.48%
MSM	C	-0.48%
LECO	B	-0.48%
PNW	B	-0.48%
BRC	D	-0.47%
AGR	B	-0.47%
ALE	A	-0.47%
NWN	A	-0.47%
OGS	A	-0.47%
STZ	D	-0.47%
SXT	B	-0.47%
NJR	A	-0.47%
MSEX	B	-0.47%
AEE	A	-0.47%
YUM	B	-0.47%
SIGI	C	-0.47%
CNI	D	-0.46%
INFY	B	-0.46%
ABT	B	-0.46%
DLB	B	-0.46%
PG	A	-0.46%
AWR	B	-0.46%
NWE	B	-0.46%
CALM	A	-0.46%
SR	A	-0.46%
POOL	C	-0.46%
K	A	-0.46%
TD	F	-0.46%
JJSF	B	-0.46%
SNX	C	-0.45%
PPG	F	-0.45%
TAK	F	-0.45%
MKC	D	-0.45%
SON	D	-0.45%
PEG	A	-0.45%
NFG	A	-0.45%
WEC	A	-0.45%
HSY	F	-0.45%
FLO	D	-0.45%
HRL	D	-0.45%
CNA	B	-0.45%
JNPR	F	-0.45%
AWK	D	-0.44%
CPB	D	-0.44%
CWT	D	-0.44%
GIS	D	-0.44%
PEP	F	-0.44%
BDX	F	-0.44%
MDT	D	-0.44%
POR	C	-0.44%
CMS	C	-0.44%
WTRG	B	-0.44%
MCD	D	-0.44%
DOX	D	-0.44%
CL	D	-0.43%
MMS	F	-0.43%
UL	D	-0.43%
SJM	D	-0.43%
REYN	D	-0.43%
NKE	D	-0.43%
CAG	D	-0.43%
RIO	D	-0.43%
MDLZ	F	-0.43%
DTE	C	-0.43%
TSM	B	-0.43%
VZ	C	-0.43%
NVS	D	-0.42%
KHC	F	-0.42%
ED	D	-0.42%
KO	D	-0.42%
GSK	F	-0.42%
KDP	D	-0.42%
SJW	D	-0.42%
KMB	D	-0.42%
DEO	F	-0.41%
SNY	F	-0.41%
BAX	D	-0.4%
AZN	D	-0.39%
HMC	F	-0.39%