INRO vs. IYJ ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to iShares U.S. Industrials ETF (IYJ)

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

$28.35

Average Daily Volume

3,544

Number of Holdings ^*

423

* may have additional holdings in another (foreign) market

IYJ

iShares U.S. Industrials ETF

IYJ Description

The investment seeks to track the investment results of an index composed of U.S. equities in the industrials sector. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Industrials Index (the "underlying index"), which measures the performance of the industrials sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$142.28

Average Daily Volume

39,516

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

Performance

Period	INRO	IYJ
30 Days	2.86%	3.97%
60 Days	5.93%	6.71%
90 Days	6.63%	10.36%
12 Months		34.49%

102 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in IYJ	Overlap
ACM	B	0.11%	0.21%	0.11%
ACN	B	0.07%	3.19%	0.07%
ADP	A	0.29%	1.76%	0.29%
ALLE	C	0.09%	0.18%	0.09%
AMCR	C	0.07%	0.21%	0.07%
AME	A	0.14%	0.64%	0.14%
AOS	F	0.06%	0.12%	0.06%
AXON	A	0.02%	0.62%	0.02%
AXP	A	1.14%	2.32%	1.14%
BA	F	0.04%	1.39%	0.04%
BAH	F	0.06%	0.28%	0.06%
BALL	F	0.08%	0.27%	0.08%
BLDR	D	0.15%	0.3%	0.15%
CARR	C	0.42%	0.9%	0.42%
CAT	B	0.36%	2.7%	0.36%
CCK	D	0.05%	0.15%	0.05%
CMI	A	0.09%	0.71%	0.09%
CNH	C	0.02%	0.14%	0.02%
COF	C	0.49%	1.01%	0.49%
CSL	C	0.15%	0.29%	0.15%
CSX	C	0.26%	0.99%	0.26%
CTAS	B	0.34%	1.07%	0.34%
DE	B	0.2%	1.45%	0.2%
DOV	A	0.06%	0.4%	0.06%
EFX	F	0.08%	0.44%	0.08%
EME	A	0.19%	0.33%	0.19%
EMR	B	0.24%	1.04%	0.24%
ETN	A	0.48%	2.06%	0.48%
EXPD	C	0.0%	0.24%	0.0%
FBIN	D	0.07%	0.13%	0.07%
FDX	B	0.02%	0.96%	0.02%
FI	A	0.01%	1.74%	0.01%
FICO	B	0.08%	0.77%	0.08%
FIS	C	0.01%	0.71%	0.01%
FTV	C	0.05%	0.38%	0.05%
GD	D	0.03%	1.13%	0.03%
GE	D	0.08%	2.77%	0.08%
GEV	B	0.31%	1.29%	0.31%
GGG	B	0.03%	0.22%	0.03%
GWW	B	0.46%	0.74%	0.46%
HEI	A	0.0%	0.24%	0.0%
HEI	A	0.0%	0.17%	0.0%
HEI	A	0.01%	0.17%	0.01%
HEI	A	0.01%	0.24%	0.01%
HII	F	0.0%	0.11%	0.0%
HON	C	1.56%	2.15%	1.56%
HUBB	B	0.08%	0.34%	0.08%
HWM	A	0.02%	0.65%	0.02%
IEX	C	0.03%	0.25%	0.03%
IR	B	0.08%	0.59%	0.08%
ITW	B	0.15%	1.15%	0.15%
J	D	0.04%	0.25%	0.04%
JBHT	C	0.06%	0.21%	0.06%
JCI	B	0.4%	0.81%	0.4%
KEYS	A	0.06%	0.37%	0.06%
KNX	C	0.04%	0.12%	0.04%
LHX	C	0.02%	0.67%	0.02%
LII	A	0.14%	0.28%	0.14%
LMT	D	0.05%	1.64%	0.05%
MA	B	0.04%	6.2%	0.04%
MAS	D	0.12%	0.25%	0.12%
MLM	C	0.59%	0.51%	0.51%
MMM	D	0.78%	1.03%	0.78%
MTD	F	0.04%	0.36%	0.04%
NDSN	B	0.03%	0.21%	0.03%
NOC	D	0.03%	0.98%	0.03%
NSC	B	0.23%	0.85%	0.23%
OC	A	0.11%	0.24%	0.11%
ODFL	C	0.17%	0.61%	0.17%
OTIS	C	0.08%	0.58%	0.08%
PAYX	B	0.11%	0.66%	0.11%
PCAR	B	0.11%	0.83%	0.11%
PH	A	0.17%	1.29%	0.17%
PKG	A	0.1%	0.3%	0.1%
PNR	A	0.04%	0.25%	0.04%
PWR	A	0.37%	0.68%	0.37%
PYPL	B	0.01%	1.26%	0.01%
ROK	C	0.1%	0.47%	0.1%
RTX	D	0.07%	2.27%	0.07%
SHW	B	0.01%	1.28%	0.01%
SNA	A	0.04%	0.27%	0.04%
SW	A	0.12%	0.38%	0.12%
SWK	D	0.03%	0.19%	0.03%
SYF	B	0.18%	0.37%	0.18%
TDG	D	0.03%	0.98%	0.03%
TDY	B	0.05%	0.31%	0.05%
TRMB	B	0.04%	0.25%	0.04%
TRU	D	0.05%	0.27%	0.05%
TT	A	0.65%	1.33%	0.65%
TTC	C	0.02%	0.12%	0.02%
TXT	D	0.01%	0.23%	0.01%
UNP	C	0.55%	2.07%	0.55%
UPS	C	0.03%	1.41%	0.03%
URI	C	0.5%	0.8%	0.5%
V	A	0.04%	7.02%	0.04%
VLTO	C	0.11%	0.37%	0.11%
VMC	B	0.61%	0.53%	0.53%
VRSK	A	0.09%	0.58%	0.09%
WAB	B	0.07%	0.49%	0.07%
WSO	A	0.16%	0.26%	0.16%
XYL	D	0.06%	0.42%	0.06%
ZBRA	B	0.04%	0.28%	0.04%

INRO Overweight 323 Positions Relative to IYJ

Symbol	Grade	Weight
NVDA	B	7.42%
AAPL	C	5.57%
TMUS	B	4.59%
MSFT	D	4.18%
META	D	3.77%
GOOGL	C	3.12%
GOOG	C	2.71%
JPM	A	1.68%
AVGO	D	1.64%
AMZN	C	1.46%
BXP	C	1.38%
TSLA	B	1.32%
HD	B	1.16%
XOM	B	0.95%
NEE	C	0.94%
CBRE	B	0.88%
PM	B	0.83%
BAC	A	0.79%
CSGP	D	0.65%
LLY	F	0.64%
WFC	A	0.62%
GS	A	0.62%
SO	C	0.59%
DUK	C	0.53%
SPGI	C	0.52%
MS	A	0.52%
UBER	F	0.5%
AMD	F	0.49%
CVX	A	0.48%
CRM	B	0.47%
COST	A	0.46%
LOW	C	0.45%
CEG	C	0.45%
ORCL	A	0.44%
BX	A	0.42%
TXN	C	0.41%
FAST	B	0.41%
WMT	A	0.41%
ABBV	F	0.4%
QCOM	F	0.39%
MO	A	0.39%
TJX	A	0.38%
WM	B	0.37%
SCHW	B	0.37%
JNJ	C	0.36%
C	A	0.34%
DHI	F	0.33%
ADBE	C	0.32%
AMAT	F	0.32%
DFS	B	0.31%
KKR	A	0.31%
AEP	C	0.31%
NOW	A	0.3%
ICE	C	0.29%
INTU	B	0.28%
LEN	D	0.28%
MCO	B	0.26%
PCG	A	0.26%
CME	B	0.26%
TMO	F	0.26%
MU	D	0.25%
Z	A	0.25%
EXC	C	0.24%
MRK	D	0.24%
PGR	A	0.23%
ADI	D	0.23%
COP	C	0.23%
XEL	A	0.23%
NVR	D	0.22%
GRMN	B	0.22%
INTC	C	0.22%
AMGN	F	0.22%
CPRT	B	0.21%
LRCX	F	0.21%
ORLY	B	0.21%
COIN	C	0.2%
RSG	A	0.2%
USB	A	0.2%
ETR	B	0.2%
EIX	B	0.2%
WCN	A	0.2%
DHR	F	0.2%
PNC	B	0.2%
PHM	D	0.19%
APH	A	0.19%
WELL	A	0.18%
KLAC	F	0.18%
PANW	B	0.18%
MRVL	B	0.17%
VRTX	D	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%
AZO	C	0.15%
MSCI	C	0.15%
TFC	A	0.15%
EOG	A	0.14%
ROST	D	0.14%
PFE	F	0.14%
VRT	B	0.14%
ES	C	0.13%
NDAQ	A	0.12%
REGN	F	0.12%
CDNS	B	0.12%
BMY	B	0.12%
NXPI	D	0.12%
NRG	B	0.12%
SNPS	B	0.12%
WMB	A	0.12%
AMT	C	0.11%
ARES	A	0.11%
NEM	D	0.11%
RJF	A	0.11%
BK	A	0.11%
OKE	A	0.11%
AON	A	0.11%
CRWD	B	0.11%
FCX	F	0.11%
KMI	A	0.1%
ADSK	A	0.1%
PSX	C	0.1%
MPC	D	0.1%
EQIX	A	0.1%
LNT	A	0.1%
EVRG	A	0.1%
LNG	A	0.09%
IP	A	0.09%
GLW	B	0.09%
TSCO	D	0.09%
GM	C	0.09%
MTB	A	0.09%
AFL	B	0.09%
FTNT	C	0.09%
TRV	B	0.09%
ROP	B	0.09%
AJG	A	0.09%
SLB	C	0.09%
ZTS	D	0.08%
MET	A	0.08%
MCHP	F	0.08%
TGT	F	0.08%
AIG	B	0.08%
ALL	A	0.08%
VLO	C	0.08%
FITB	B	0.08%
MSTR	B	0.08%
NTRS	A	0.08%
APP	B	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%
BR	A	0.07%
FDS	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%
AVY	F	0.07%
ACGL	C	0.06%
CDW	F	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%
F	C	0.06%
ROL	B	0.06%
HPQ	B	0.06%
MPWR	F	0.06%
IBM	C	0.06%
ALNY	D	0.05%
KR	B	0.05%
PPL	A	0.05%
BURL	B	0.05%
HUBS	A	0.05%
WSM	C	0.05%
ATO	A	0.05%
WTW	B	0.05%
ANSS	B	0.05%
TPL	A	0.05%
HPE	B	0.05%
TROW	B	0.05%
A	D	0.05%
HOOD	B	0.05%
IQV	F	0.05%
DDOG	A	0.05%
FCNCA	A	0.05%
VICI	C	0.05%
HIG	B	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%
STT	B	0.05%
CFG	B	0.05%
KMX	B	0.04%
STX	C	0.04%
ZM	C	0.04%
SNAP	D	0.04%
PTC	B	0.04%
ARE	F	0.04%
WDC	D	0.04%
FSLR	F	0.04%
CBOE	C	0.04%
MKL	A	0.04%
CINF	A	0.04%
HAL	C	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%
SYY	D	0.04%
MRO	B	0.03%
BEN	C	0.03%
GEN	B	0.03%
ZS	B	0.03%
EG	C	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%
DAY	B	0.03%
WY	F	0.03%
DOC	C	0.03%
WST	C	0.03%
ILMN	C	0.03%
DAL	B	0.03%
BIIB	F	0.03%
ENTG	D	0.03%
AES	F	0.03%
DKS	D	0.03%
MKTX	D	0.03%
SSNC	B	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%
LIN	C	0.02%
IT	C	0.02%
BMRN	F	0.02%
NBIX	C	0.02%
SEIC	B	0.02%
INCY	C	0.02%
AIZ	A	0.02%
ERIE	D	0.02%
MRNA	F	0.02%
ENPH	F	0.02%
IOT	A	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%
GLPI	C	0.02%
DOCU	B	0.02%
EBAY	D	0.02%
WBA	F	0.01%
APD	A	0.01%
RS	B	0.01%
SUI	C	0.01%
ACI	C	0.01%
MDB	B	0.01%
STLD	B	0.01%
ESS	B	0.01%
MAA	B	0.01%
INVH	D	0.01%
VRSN	C	0.01%
RPRX	D	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%
UNH	B	0.01%
LUV	C	0.01%
RIVN	F	0.01%
EXAS	D	0.01%
NUE	C	0.01%
SNOW	B	0.01%
AVB	B	0.01%
GDDY	A	0.01%
DG	F	0.01%
DINO	D	0.01%
QRVO	F	0.01%
CHRD	D	0.01%
FNF	B	0.0%
CPT	B	0.0%

INRO Underweight 90 Positions Relative to IYJ

Symbol	Grade	Weight
CRH	A	-0.97%
SQ	A	-0.67%
FERG	B	-0.58%
DD	C	-0.49%
DOW	F	-0.45%
GPN	B	-0.42%
PPG	F	-0.41%
CPAY	A	-0.36%
RPM	A	-0.25%
XPO	B	-0.24%
FIX	A	-0.22%
CW	C	-0.2%
SAIA	B	-0.2%
AFRM	A	-0.19%
ITT	A	-0.18%
JKHY	D	-0.18%
CHRW	B	-0.18%
BWXT	B	-0.17%
NVT	B	-0.17%
TTEK	F	-0.16%
ATR	B	-0.16%
BLD	D	-0.16%
RRX	B	-0.16%
LECO	C	-0.16%
ALSN	B	-0.15%
WWD	C	-0.15%
GNRC	C	-0.15%
AYI	B	-0.14%
EXP	B	-0.14%
AXTA	B	-0.13%
WCC	B	-0.13%
AAON	B	-0.13%
DCI	B	-0.13%
WMS	F	-0.13%
APG	B	-0.12%
CNM	D	-0.12%
GPK	C	-0.12%
MTZ	B	-0.12%
CR	A	-0.12%
PCTY	C	-0.12%
BILL	A	-0.12%
WEX	D	-0.11%
MHK	D	-0.11%
TREX	C	-0.11%
RHI	C	-0.11%
KEX	B	-0.11%
BERY	C	-0.11%
SSD	F	-0.11%
FLS	B	-0.11%
G	B	-0.11%
AWI	A	-0.1%
VMI	B	-0.1%
CGNX	D	-0.1%
FCN	F	-0.1%
GXO	B	-0.1%
R	B	-0.1%
ATI	C	-0.1%
ESAB	C	-0.1%
OSK	C	-0.1%
MKSI	C	-0.1%
LPX	B	-0.1%
MIDD	C	-0.1%
LFUS	D	-0.09%
FOUR	A	-0.09%
WSC	F	-0.09%
MSA	F	-0.09%
LSTR	D	-0.09%
AZEK	A	-0.09%
BC	C	-0.08%
AGCO	D	-0.08%
VNT	C	-0.08%
ST	F	-0.07%
SEE	C	-0.07%
SON	F	-0.07%
AL	B	-0.07%
GTES	A	-0.06%
SLGN	A	-0.06%
EEFT	B	-0.06%
AMTM	D	-0.05%
SPR	D	-0.05%
MSM	C	-0.05%
CXT	C	-0.04%
ECG	C	-0.04%
MAN	F	-0.04%
WU	F	-0.04%
VSTS	C	-0.03%
ADT	C	-0.03%
HAYW	B	-0.03%
SNDR	B	-0.02%
LOAR	B	-0.01%