INRO vs. FXR ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to First Trust Industrials AlphaDEX (FXR)

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

FXR

First Trust Industrials AlphaDEX

FXR 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 StrataQuant(R) Industrials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the industrials and producer durables sectors that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$82.15

Average Daily Volume

33,507

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	INRO	FXR
30 Days	5.09%	7.85%
60 Days	6.25%	9.12%
90 Days	7.10%	12.26%
12 Months		40.52%

74 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in FXR	Overlap
ADP	B	0.29%	0.25%	0.25%
ALLE	D	0.08%	0.22%	0.08%
AMCR	D	0.07%	0.41%	0.07%
AME	A	0.15%	0.25%	0.15%
AOS	F	0.06%	0.37%	0.06%
AXON	A	0.02%	1.77%	0.02%
AXP	A	1.14%	1.24%	1.14%
BAH	F	0.04%	0.86%	0.04%
BALL	D	0.08%	0.21%	0.08%
BLDR	D	0.15%	0.84%	0.15%
CARR	D	0.42%	0.42%	0.42%
CAT	B	0.35%	0.69%	0.35%
CMI	A	0.1%	0.51%	0.1%
CNH	C	0.02%	1.12%	0.02%
COF	B	0.48%	0.86%	0.48%
CSL	C	0.14%	0.9%	0.14%
CSX	B	0.25%	0.72%	0.25%
CTAS	B	0.34%	0.95%	0.34%
DE	A	0.2%	0.66%	0.2%
DOV	A	0.05%	0.74%	0.05%
DOW	F	0.01%	0.37%	0.01%
EFX	F	0.08%	0.63%	0.08%
EME	C	0.19%	1.35%	0.19%
EMR	A	0.24%	0.27%	0.24%
EXPD	D	0.0%	0.21%	0.0%
FBIN	D	0.06%	0.19%	0.06%
FDX	B	0.02%	0.96%	0.02%
FI	A	0.01%	1.06%	0.01%
FICO	B	0.08%	1.4%	0.08%
FTV	C	0.05%	0.43%	0.05%
GD	F	0.03%	0.44%	0.03%
GE	D	0.08%	0.85%	0.08%
GGG	B	0.03%	0.23%	0.03%
GWW	B	0.44%	0.51%	0.44%
HEI	B	0.01%	1.24%	0.01%
HEI	B	0.0%	1.24%	0.0%
HII	D	0.0%	0.67%	0.0%
HON	B	1.6%	0.25%	0.25%
HWM	A	0.02%	1.32%	0.02%
IEX	B	0.03%	0.48%	0.03%
J	F	0.04%	0.48%	0.04%
JBHT	C	0.06%	0.75%	0.06%
KEYS	A	0.06%	0.22%	0.06%
KNX	B	0.03%	0.73%	0.03%
LHX	C	0.02%	0.24%	0.02%
LII	A	0.14%	0.72%	0.14%
LMT	D	0.05%	1.08%	0.05%
MAS	D	0.12%	0.21%	0.12%
MLM	B	0.57%	0.99%	0.57%
MMM	D	0.76%	0.87%	0.76%
NDSN	B	0.03%	0.22%	0.03%
OC	A	0.12%	1.29%	0.12%
PCAR	B	0.11%	1.36%	0.11%
PH	A	0.17%	0.25%	0.17%
PKG	A	0.1%	0.77%	0.1%
PNR	A	0.04%	0.49%	0.04%
PWR	A	0.37%	1.27%	0.37%
PYPL	B	0.01%	0.5%	0.01%
SHW	A	0.01%	0.71%	0.01%
SNA	A	0.04%	1.44%	0.04%
SYF	B	0.18%	1.52%	0.18%
TDG	D	0.03%	0.85%	0.03%
TDY	B	0.04%	0.76%	0.04%
TRU	D	0.04%	0.86%	0.04%
TT	A	0.65%	1.23%	0.65%
TTC	D	0.02%	0.43%	0.02%
TXT	D	0.01%	0.88%	0.01%
UNP	C	0.54%	0.22%	0.22%
UPS	C	0.04%	0.44%	0.04%
URI	B	0.47%	1.23%	0.47%
VLTO	D	0.11%	0.65%	0.11%
VMC	B	0.59%	0.25%	0.25%
WAB	B	0.07%	0.24%	0.07%
ZBRA	B	0.04%	0.75%	0.04%

INRO Overweight 355 Positions Relative to FXR

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%
JPM	A	1.74%
AVGO	D	1.54%
AMZN	C	1.47%
BXP	D	1.35%
TSLA	B	1.32%
HD	A	1.17%
NEE	D	0.97%
XOM	B	0.95%
CBRE	B	0.87%
PM	B	0.87%
BAC	A	0.81%
GS	A	0.64%
WFC	A	0.64%
CSGP	D	0.63%
SO	D	0.6%
LLY	F	0.57%
MS	A	0.55%
SPGI	C	0.55%
DUK	C	0.54%
CVX	A	0.5%
UBER	D	0.49%
ETN	A	0.48%
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%
LOW	D	0.43%
SCHW	B	0.41%
MO	A	0.41%
FAST	B	0.4%
TXN	C	0.39%
ABBV	D	0.39%
QCOM	F	0.39%
JCI	C	0.39%
TJX	A	0.39%
WM	A	0.37%
JNJ	D	0.37%
C	A	0.34%
ICE	C	0.33%
DHI	D	0.33%
ADBE	C	0.32%
AEP	D	0.32%
KKR	A	0.31%
GEV	B	0.31%
AMAT	F	0.3%
CME	A	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%
EXC	C	0.25%
Z	A	0.25%
MRK	F	0.24%
XEL	A	0.24%
COP	C	0.24%
TMO	F	0.24%
PGR	A	0.23%
MU	D	0.23%
GRMN	B	0.22%
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%
USB	A	0.2%
AMGN	D	0.2%
RSG	A	0.2%
COIN	C	0.2%
ETR	B	0.2%
VST	B	0.19%
APH	A	0.19%
AMP	A	0.19%
LRCX	F	0.19%
DHR	F	0.19%
PANW	C	0.18%
WELL	A	0.18%
PLTR	B	0.18%
PHM	D	0.18%
TFC	A	0.17%
CB	C	0.17%
KLAC	D	0.17%
ODFL	B	0.16%
WSO	A	0.16%
MMC	B	0.16%
MSCI	C	0.16%
VRT	B	0.16%
MRVL	B	0.16%
EOG	A	0.15%
FE	C	0.15%
AZO	C	0.15%
VRTX	F	0.15%
ITW	B	0.15%
NDAQ	A	0.14%
ROST	C	0.14%
ES	D	0.14%
PFE	D	0.14%
GILD	C	0.14%
WMB	A	0.13%
RJF	A	0.13%
SW	A	0.13%
FCX	D	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%
BK	A	0.11%
AMT	D	0.11%
AON	A	0.11%
NEM	D	0.11%
ACM	A	0.11%
BMY	B	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%
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%
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%
ALL	A	0.08%
TGT	F	0.08%
FITB	A	0.08%
VLO	C	0.08%
FTNT	C	0.08%
WDAY	B	0.08%
PSA	D	0.07%
BKR	B	0.07%
DELL	C	0.07%
HBAN	A	0.07%
RF	A	0.07%
MELI	D	0.07%
PRU	A	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%
DDOG	A	0.06%
XYL	D	0.06%
VTR	C	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%
RTX	C	0.06%
TW	A	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%
TROW	B	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%
VICI	C	0.05%
ACGL	D	0.05%
STT	A	0.05%
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%
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%
EXR	D	0.04%
NTAP	C	0.04%
V	A	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%
NOC	D	0.03%
L	A	0.03%
BIIB	F	0.03%
DOC	D	0.03%
WY	D	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%
INCY	C	0.02%
IT	C	0.02%
BMRN	D	0.02%
NBIX	C	0.02%
LUV	C	0.02%
MRNA	F	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%
BBWI	D	0.02%
MTCH	D	0.02%
OVV	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%
ACI	C	0.01%
STLD	B	0.01%
MDB	C	0.01%
ESS	B	0.01%
RS	B	0.01%
VRSN	F	0.01%
MAA	B	0.01%
INVH	D	0.01%
RPRX	D	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%
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%
ECL	D	0.0%
CHRW	C	0.0%
FNF	B	0.0%
WBA	F	0.0%

INRO Underweight 64 Positions Relative to FXR

Symbol	Grade	Weight
WCC	B	-1.45%
AAON	B	-1.44%
MDU	D	-1.38%
G	B	-1.35%
GPN	B	-1.33%
FIX	A	-1.32%
OSK	B	-1.3%
FOUR	B	-1.3%
AL	B	-1.27%
LPX	B	-1.22%
ALSN	B	-1.1%
SON	D	-1.08%
GTES	A	-1.07%
GNRC	B	-1.06%
VNT	B	-1.04%
R	B	-1.03%
TTEK	F	-1.02%
SNDR	B	-0.97%
EXP	A	-0.96%
ADTN	A	-0.93%
MSM	C	-0.9%
CXT	B	-0.89%
BERY	B	-0.88%
GPK	C	-0.87%
BC	C	-0.87%
VSTS	C	-0.86%
AGCO	D	-0.85%
AYI	B	-0.84%
BWXT	B	-0.83%
AWI	A	-0.82%
NVT	B	-0.74%
KEX	C	-0.74%
DCI	B	-0.73%
SLGN	A	-0.72%
EEFT	B	-0.72%
MIDD	C	-0.68%
SSD	D	-0.67%
SPR	D	-0.65%
BLD	D	-0.63%
WU	D	-0.62%
SAIA	B	-0.56%
SQ	B	-0.56%
ESAB	B	-0.54%
GXO	B	-0.52%
RHI	B	-0.5%
LECO	B	-0.49%
ATR	B	-0.49%
AZEK	A	-0.45%
SEE	C	-0.44%
CNM	D	-0.43%
PPG	F	-0.42%
FCN	D	-0.39%
ATI	D	-0.38%
WMS	D	-0.37%
FLS	B	-0.26%
CW	B	-0.25%
AXTA	A	-0.25%
RPM	A	-0.25%
WWD	B	-0.23%
ITT	A	-0.23%
MSA	D	-0.22%
JKHY	D	-0.22%
LSTR	D	-0.22%
LFUS	F	-0.21%