INRO vs. LRGF ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to iShares FactorSelect MSCI USA ETF (LRGF)

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 ^*

423

* may have additional holdings in another (foreign) market

LRGF

iShares FactorSelect MSCI USA ETF

LRGF Description

The investment seeks to track the investment results of the MSCI USA Diversified Multi-Factor Index (the "underlying index"), which has been developed by MSCI Inc. ("MSCI"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is designed to select equity securities from MSCI USA Index (the "Parent index") that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the Parent index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.96

Average Daily Volume

91,138

Number of Holdings ^*

272

* may have additional holdings in another (foreign) market

Performance

Period	INRO	LRGF
30 Days	5.09%	4.57%
60 Days	6.25%	6.07%
90 Days	7.10%	7.74%
12 Months		37.24%

156 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in LRGF	Overlap
AAPL	C	5.57%	6.35%	5.57%
ABBV	D	0.4%	0.9%	0.4%
ACGL	D	0.06%	0.07%	0.06%
ACI	C	0.01%	0.06%	0.01%
ACN	C	0.07%	0.14%	0.07%
ADBE	C	0.32%	0.28%	0.28%
ADP	B	0.29%	0.16%	0.16%
AFL	B	0.09%	0.38%	0.09%
AIG	B	0.08%	0.3%	0.08%
ALLY	C	0.02%	0.25%	0.02%
AMAT	F	0.32%	0.46%	0.32%
AMD	F	0.49%	0.13%	0.13%
AMGN	D	0.22%	0.42%	0.22%
AMP	A	0.17%	0.41%	0.17%
AMT	D	0.11%	0.09%	0.09%
AMZN	C	1.46%	3.01%	1.46%
APA	D	0.01%	0.09%	0.01%
APP	B	0.08%	0.94%	0.08%
AVB	B	0.01%	0.22%	0.01%
AVGO	D	1.64%	1.82%	1.64%
AXP	A	1.14%	0.24%	0.24%
AZO	C	0.15%	0.14%	0.14%
BAC	A	0.79%	0.37%	0.37%
BBWI	D	0.02%	0.14%	0.02%
BBY	D	0.05%	0.24%	0.05%
BK	A	0.11%	0.61%	0.11%
BLDR	D	0.15%	0.53%	0.15%
BMY	B	0.12%	0.72%	0.12%
BRK.A	B	0.06%	0.5%	0.06%
BXP	D	1.38%	0.04%	0.04%
C	A	0.34%	0.15%	0.15%
CARR	D	0.42%	0.07%	0.07%
CAT	B	0.36%	0.26%	0.26%
CDNS	B	0.12%	0.19%	0.12%
CEG	D	0.45%	0.05%	0.05%
COF	B	0.49%	0.22%	0.22%
COP	C	0.23%	0.05%	0.05%
COST	B	0.46%	0.54%	0.46%
CRM	B	0.47%	0.12%	0.12%
CRWD	B	0.11%	0.22%	0.11%
CTAS	B	0.34%	0.38%	0.34%
CVX	A	0.48%	0.54%	0.48%
DE	A	0.2%	0.03%	0.03%
DELL	C	0.07%	0.35%	0.07%
DKS	C	0.03%	0.17%	0.03%
DOCU	A	0.02%	0.33%	0.02%
DUK	C	0.53%	0.21%	0.21%
EBAY	D	0.02%	0.31%	0.02%
EG	C	0.03%	0.05%	0.03%
EME	C	0.19%	0.27%	0.19%
EMR	A	0.24%	0.31%	0.24%
EOG	A	0.14%	0.01%	0.01%
EQR	B	0.01%	0.29%	0.01%
ETN	A	0.48%	0.38%	0.38%
EXC	C	0.24%	0.16%	0.16%
EXPD	D	0.0%	0.01%	0.0%
F	C	0.06%	0.18%	0.06%
FDX	B	0.02%	0.01%	0.01%
FE	C	0.15%	0.05%	0.05%
FI	A	0.01%	0.11%	0.01%
FICO	B	0.08%	0.61%	0.08%
FNF	B	0.0%	0.13%	0.0%
FTNT	C	0.09%	0.49%	0.09%
GE	D	0.08%	0.14%	0.08%
GILD	C	0.16%	0.49%	0.16%
GM	B	0.09%	0.52%	0.09%
GOOG	C	2.71%	1.8%	1.8%
GS	A	0.62%	0.59%	0.59%
GWW	B	0.46%	0.11%	0.11%
HD	A	1.16%	0.58%	0.58%
HIG	B	0.05%	0.03%	0.03%
HPE	B	0.05%	0.48%	0.05%
HPQ	B	0.06%	0.19%	0.06%
HUBS	A	0.05%	0.15%	0.05%
IBM	C	0.06%	0.16%	0.06%
INTU	C	0.28%	0.31%	0.28%
IOT	A	0.02%	0.17%	0.02%
IT	C	0.02%	0.36%	0.02%
ITW	B	0.15%	0.21%	0.15%
JBL	B	0.03%	0.31%	0.03%
JNJ	D	0.36%	0.87%	0.36%
JPM	A	1.68%	1.64%	1.64%
KLAC	D	0.18%	0.31%	0.18%
KMI	A	0.1%	0.14%	0.1%
KR	B	0.05%	0.35%	0.05%
LII	A	0.14%	0.03%	0.03%
LIN	D	0.02%	0.91%	0.02%
LLY	F	0.64%	1.09%	0.64%
LMT	D	0.05%	0.19%	0.05%
LOW	D	0.45%	0.58%	0.45%
LRCX	F	0.21%	0.2%	0.2%
MA	C	0.04%	0.75%	0.04%
MANH	D	0.03%	0.34%	0.03%
MCHP	D	0.08%	0.08%	0.08%
MELI	D	0.07%	0.39%	0.07%
MET	A	0.08%	0.03%	0.03%
META	D	3.77%	2.16%	2.16%
MMM	D	0.78%	0.13%	0.13%
MO	A	0.39%	0.1%	0.1%
MPC	D	0.1%	0.57%	0.1%
MRK	F	0.24%	0.57%	0.24%
MRNA	F	0.02%	0.04%	0.02%
MRO	B	0.03%	0.09%	0.03%
MS	A	0.52%	0.11%	0.11%
MSCI	C	0.15%	0.37%	0.15%
MSFT	F	4.18%	5.67%	4.18%
MTD	D	0.04%	0.27%	0.04%
NDAQ	A	0.12%	0.22%	0.12%
NEE	D	0.94%	0.17%	0.17%
NOW	A	0.3%	0.04%	0.04%
NTAP	C	0.04%	0.02%	0.02%
NUE	C	0.01%	0.21%	0.01%
NVDA	C	7.42%	6.55%	6.55%
ORCL	B	0.44%	0.16%	0.16%
OTIS	C	0.08%	0.27%	0.08%
PANW	C	0.18%	0.18%	0.18%
PAYX	C	0.11%	0.4%	0.11%
PCAR	B	0.11%	0.23%	0.11%
PFE	D	0.14%	0.31%	0.14%
PFG	D	0.04%	0.05%	0.04%
PH	A	0.17%	0.1%	0.1%
PM	B	0.83%	0.4%	0.4%
PRU	A	0.07%	0.19%	0.07%
PSA	D	0.07%	0.23%	0.07%
PSX	C	0.1%	0.01%	0.01%
QCOM	F	0.39%	0.45%	0.39%
RPRX	D	0.01%	0.01%	0.01%
RS	B	0.01%	0.27%	0.01%
SHW	A	0.01%	0.07%	0.01%
SNPS	B	0.12%	0.18%	0.12%
SO	D	0.59%	0.12%	0.12%
SPGI	C	0.52%	0.43%	0.43%
STLD	B	0.01%	0.26%	0.01%
STT	A	0.05%	0.22%	0.05%
SYF	B	0.18%	0.26%	0.18%
TEAM	A	0.06%	0.6%	0.06%
TGT	F	0.08%	0.3%	0.08%
TMO	F	0.26%	0.27%	0.26%
TRV	B	0.09%	0.2%	0.09%
TSLA	B	1.32%	0.76%	0.76%
TT	A	0.65%	0.21%	0.21%
TXN	C	0.41%	0.04%	0.04%
UBER	D	0.5%	0.28%	0.28%
ULTA	F	0.05%	0.01%	0.01%
UNH	C	0.01%	0.89%	0.01%
V	A	0.04%	1.28%	0.04%
VLO	C	0.08%	0.33%	0.08%
VLTO	D	0.11%	0.08%	0.08%
VRTX	F	0.17%	0.19%	0.17%
VST	B	0.17%	0.45%	0.17%
WFC	A	0.62%	0.5%	0.5%
WMT	A	0.41%	1.03%	0.41%
WSM	B	0.05%	0.36%	0.05%
WY	D	0.03%	0.33%	0.03%
XOM	B	0.95%	0.94%	0.94%
ZS	C	0.03%	0.11%	0.03%

INRO Overweight 267 Positions Relative to LRGF

Symbol	Grade	Weight
TMUS	B	4.59%
GOOGL	C	3.12%
HON	B	1.56%
CBRE	B	0.88%
CSGP	D	0.65%
VMC	B	0.61%
MLM	B	0.59%
UNP	C	0.55%
URI	B	0.5%
BX	A	0.42%
FAST	B	0.41%
JCI	C	0.4%
TJX	A	0.38%
PWR	A	0.37%
WM	A	0.37%
SCHW	B	0.37%
DHI	D	0.33%
DFS	B	0.31%
KKR	A	0.31%
AEP	D	0.31%
GEV	B	0.31%
ICE	C	0.29%
LEN	D	0.28%
MCO	B	0.26%
PCG	A	0.26%
CME	A	0.26%
CSX	B	0.26%
MU	D	0.25%
Z	A	0.25%
NSC	B	0.23%
PGR	A	0.23%
ADI	D	0.23%
XEL	A	0.23%
NVR	D	0.22%
GRMN	B	0.22%
INTC	D	0.22%
CPRT	A	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%
MRVL	B	0.17%
ODFL	B	0.17%
PLTR	B	0.17%
WSO	A	0.16%
MMC	B	0.16%
CB	C	0.16%
CSL	C	0.15%
TFC	A	0.15%
ROST	C	0.14%
AME	A	0.14%
VRT	B	0.14%
ES	D	0.13%
REGN	F	0.12%
NXPI	D	0.12%
NRG	B	0.12%
MAS	D	0.12%
WMB	A	0.12%
SW	A	0.12%
ARES	A	0.11%
NEM	D	0.11%
RJF	A	0.11%
OKE	A	0.11%
AON	A	0.11%
FCX	D	0.11%
ACM	A	0.11%
OC	A	0.11%
ADSK	A	0.1%
PKG	A	0.1%
ROK	B	0.1%
EQIX	A	0.1%
LNT	A	0.1%
EVRG	A	0.1%
LNG	B	0.09%
IP	B	0.09%
ALLE	D	0.09%
GLW	B	0.09%
TSCO	D	0.09%
MTB	A	0.09%
ROP	B	0.09%
VRSK	A	0.09%
AJG	B	0.09%
CMI	A	0.09%
SLB	C	0.09%
ZTS	D	0.08%
HUBB	B	0.08%
IR	B	0.08%
ALL	A	0.08%
EFX	F	0.08%
FITB	A	0.08%
MSTR	C	0.08%
NTRS	A	0.08%
BALL	D	0.08%
WDAY	B	0.08%
RTX	C	0.07%
FBIN	D	0.07%
RF	A	0.07%
BKR	B	0.07%
HBAN	A	0.07%
BR	A	0.07%
FDS	B	0.07%
WAB	B	0.07%
HES	B	0.07%
DLR	B	0.07%
TRGP	B	0.07%
LPLA	A	0.07%
AMCR	D	0.07%
AVY	D	0.07%
DOV	A	0.06%
BAH	F	0.06%
CDW	F	0.06%
XYL	D	0.06%
VTR	C	0.06%
FANG	D	0.06%
OXY	D	0.06%
JBHT	C	0.06%
ON	D	0.06%
LDOS	C	0.06%
KEYS	A	0.06%
AOS	F	0.06%
ROL	B	0.06%
MPWR	F	0.06%
TDY	B	0.05%
ALNY	D	0.05%
PPL	B	0.05%
BURL	A	0.05%
ATO	A	0.05%
WTW	B	0.05%
ANSS	B	0.05%
TRU	D	0.05%
TPL	A	0.05%
TROW	B	0.05%
A	D	0.05%
HOOD	B	0.05%
FTV	C	0.05%
IQV	D	0.05%
DDOG	A	0.05%
CCK	C	0.05%
FCNCA	A	0.05%
VICI	C	0.05%
PINS	D	0.05%
KEY	B	0.05%
CCI	D	0.05%
TW	A	0.05%
CFG	B	0.05%
KMX	B	0.04%
STX	D	0.04%
PNR	A	0.04%
ZM	B	0.04%
KNX	B	0.04%
SNA	A	0.04%
SNAP	C	0.04%
PTC	A	0.04%
ARE	D	0.04%
WDC	D	0.04%
FSLR	F	0.04%
CBOE	B	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%
EQT	B	0.04%
DVN	F	0.04%
IRM	D	0.04%
EXR	D	0.04%
BA	F	0.04%
CG	A	0.04%
J	F	0.04%
SYY	B	0.04%
ZBRA	B	0.04%
BEN	C	0.03%
GEN	B	0.03%
SWK	D	0.03%
DT	C	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	B	0.03%
NDSN	B	0.03%
DAY	B	0.03%
DOC	D	0.03%
WST	C	0.03%
GGG	B	0.03%
UPS	C	0.03%
ILMN	D	0.03%
GD	F	0.03%
NOC	D	0.03%
DAL	C	0.03%
TDG	D	0.03%
BIIB	F	0.03%
ENTG	D	0.03%
AES	F	0.03%
IEX	B	0.03%
MKTX	D	0.03%
SSNC	B	0.03%
TER	D	0.03%
BSY	D	0.02%
CRL	C	0.02%
TECH	D	0.02%
CTSH	B	0.02%
BMRN	D	0.02%
NBIX	C	0.02%
SEIC	B	0.02%
INCY	C	0.02%
TTC	D	0.02%
AIZ	A	0.02%
ERIE	D	0.02%
AXON	A	0.02%
HWM	A	0.02%
ENPH	F	0.02%
CNH	C	0.02%
AFG	A	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%
WBA	F	0.01%
APD	A	0.01%
FIS	C	0.01%
SUI	D	0.01%
MDB	C	0.01%
ESS	B	0.01%
TXT	D	0.01%
HEI	B	0.01%
MAA	B	0.01%
INVH	D	0.01%
VRSN	F	0.01%
PYPL	B	0.01%
VTRS	A	0.01%
EPAM	C	0.01%
TWLO	A	0.01%
NET	B	0.01%
APO	B	0.01%
CTLT	B	0.01%
DLTR	F	0.01%
BIO	D	0.01%
LUV	C	0.01%
RIVN	F	0.01%
EXAS	D	0.01%
SNOW	C	0.01%
GDDY	A	0.01%
DG	F	0.01%
DINO	D	0.01%
QRVO	F	0.01%
CHRD	D	0.01%
HII	D	0.0%
HEI	B	0.0%
CPT	B	0.0%

INRO Underweight 116 Positions Relative to LRGF

Symbol	Grade	Weight
PG	A	-1.26%
BKNG	A	-1.17%
PEP	F	-0.87%
MCD	D	-0.63%
KO	D	-0.61%
T	A	-0.59%
ABT	B	-0.53%
AWK	D	-0.52%
ED	D	-0.51%
MCK	B	-0.5%
IBKR	A	-0.46%
DUOL	A	-0.44%
NTNX	A	-0.43%
CMCSA	B	-0.41%
GEHC	F	-0.41%
CSCO	B	-0.4%
SPG	B	-0.38%
AYI	B	-0.37%
HOLX	D	-0.36%
VZ	C	-0.34%
DECK	A	-0.32%
CRH	A	-0.32%
TPR	B	-0.32%
CR	A	-0.31%
BRX	A	-0.31%
ABNB	C	-0.3%
HRB	D	-0.3%
YUM	B	-0.3%
ANET	C	-0.3%
MLI	C	-0.29%
CNM	D	-0.29%
FERG	B	-0.29%
ELV	F	-0.29%
GTLB	B	-0.28%
PCOR	B	-0.28%
MEDP	D	-0.28%
ANF	C	-0.27%
JHG	A	-0.26%
WING	D	-0.26%
FOXA	B	-0.25%
RHI	B	-0.24%
BLK	C	-0.24%
GIS	D	-0.23%
DVA	B	-0.23%
MSI	B	-0.22%
WFRD	D	-0.21%
AN	C	-0.21%
CI	F	-0.21%
SOLV	C	-0.2%
QLYS	C	-0.2%
WEC	A	-0.2%
AMG	B	-0.2%
SBUX	A	-0.19%
NFLX	A	-0.19%
ESTC	C	-0.18%
CVLT	B	-0.18%
ETSY	D	-0.18%
CVS	D	-0.17%
R	B	-0.17%
SYK	C	-0.17%
MOH	F	-0.16%
OMC	C	-0.15%
WTS	B	-0.15%
HUM	C	-0.14%
SMAR	A	-0.14%
RMBS	C	-0.14%
NVT	B	-0.13%
DTE	C	-0.13%
VOYA	B	-0.13%
RL	B	-0.12%
ELF	C	-0.12%
CPNG	D	-0.12%
OLN	D	-0.11%
RRC	B	-0.11%
OKTA	C	-0.11%
MUSA	A	-0.11%
TTEK	F	-0.1%
MDLZ	F	-0.1%
GL	B	-0.1%
COKE	C	-0.1%
MDT	D	-0.1%
UNM	A	-0.09%
EXE	B	-0.08%
PVH	C	-0.08%
HOG	D	-0.08%
AGNC	D	-0.07%
TAP	C	-0.07%
SRE	A	-0.07%
ADM	D	-0.07%
LPX	B	-0.07%
CMC	B	-0.07%
PLD	D	-0.07%
LNTH	D	-0.07%
CHTR	C	-0.07%
RGA	A	-0.06%
SFM	A	-0.05%
CRUS	D	-0.05%
AR	B	-0.04%
THO	B	-0.04%
DOW	F	-0.04%
XRAY	F	-0.04%
HSY	F	-0.04%
SSD	D	-0.04%
MGM	D	-0.03%
MOD	A	-0.03%
ZBH	C	-0.03%
UAL	A	-0.03%
AGCO	D	-0.03%
PATH	C	-0.02%
BDX	F	-0.02%
BSX	B	-0.02%
NWSA	B	-0.02%
MUR	D	-0.02%
KHC	F	-0.02%
LYV	A	-0.02%
CVNA	B	-0.02%