INRO vs. PFM ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to PowerShares Dividend Achievers (PFM)
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
PFM

PowerShares Dividend Achievers

PFM Description The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Broad Dividend Achievers Index to NASDAQ US Broad Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$47.68

Average Daily Volume

24,412

Number of Holdings *

416

* may have additional holdings in another (foreign) market
Performance
Period INRO PFM
30 Days 5.09% 2.19%
60 Days 6.25% 2.87%
90 Days 7.10% 5.56%
12 Months 26.89%
163 Overlapping Holdings
Symbol Grade Weight in INRO Weight in PFM Overlap
A D 0.05% 0.16% 0.05%
AAPL C 5.76% 3.9% 3.9%
ABBV D 0.39% 1.27% 0.39%
ACN C 0.07% 0.95% 0.07%
ADI D 0.22% 0.45% 0.22%
ADP B 0.29% 0.53% 0.29%
AEP D 0.32% 0.22% 0.22%
AES F 0.03% 0.04% 0.03%
AFG A 0.02% 0.05% 0.02%
AFL B 0.09% 0.27% 0.09%
AIZ A 0.02% 0.05% 0.02%
AJG B 0.1% 0.28% 0.1%
ALL A 0.08% 0.23% 0.08%
AMGN D 0.2% 0.65% 0.2%
AMP A 0.19% 0.24% 0.19%
AMT D 0.11% 0.4% 0.11%
AON A 0.11% 0.36% 0.11%
AOS F 0.06% 0.04% 0.04%
APD A 0.01% 0.32% 0.01%
APH A 0.19% 0.37% 0.19%
ARE D 0.04% 0.08% 0.04%
ATO A 0.05% 0.1% 0.05%
AVGO D 1.54% 3.32% 1.54%
AVY D 0.07% 0.07% 0.07%
BAC A 0.81% 1.56% 0.81%
BAH F 0.04% 0.08% 0.04%
BBY D 0.05% 0.08% 0.05%
BEN C 0.03% 0.05% 0.03%
BK A 0.11% 0.25% 0.11%
BMY B 0.11% 0.5% 0.11%
BR A 0.08% 0.12% 0.08%
BRO B 0.04% 0.13% 0.04%
CAT B 0.35% 0.81% 0.35%
CB C 0.17% 0.5% 0.17%
CBOE B 0.04% 0.09% 0.04%
CDW F 0.05% 0.1% 0.05%
CHRW C 0.0% 0.06% 0.0%
CINF A 0.04% 0.1% 0.04%
CME A 0.3% 0.35% 0.3%
CMI A 0.1% 0.21% 0.1%
COST B 0.47% 1.76% 0.47%
CSL C 0.14% 0.09% 0.09%
CSX B 0.25% 0.29% 0.25%
CTAS B 0.34% 0.38% 0.34%
CVX A 0.5% 1.27% 0.5%
DFS B 0.29% 0.19% 0.19%
DHR F 0.19% 0.72% 0.19%
DOV A 0.05% 0.12% 0.05%
DUK C 0.54% 0.38% 0.38%
ECL D 0.0% 0.3% 0.0%
EIX B 0.21% 0.14% 0.14%
EMR A 0.24% 0.32% 0.24%
ERIE D 0.02% 0.08% 0.02%
ES D 0.14% 0.1% 0.1%
ESS B 0.01% 0.08% 0.01%
ETN A 0.48% 0.62% 0.48%
EVRG A 0.11% 0.06% 0.06%
EXPD D 0.0% 0.07% 0.0%
EXR D 0.04% 0.15% 0.04%
FAST B 0.4% 0.2% 0.2%
FDS B 0.08% 0.08% 0.08%
FITB A 0.08% 0.14% 0.08%
FNF B 0.0% 0.07% 0.0%
GD F 0.03% 0.34% 0.03%
GGG B 0.03% 0.07% 0.03%
GLW B 0.09% 0.17% 0.09%
GS A 0.64% 0.8% 0.64%
GWW B 0.44% 0.25% 0.25%
HD A 1.17% 1.76% 1.17%
HEI B 0.0% 0.06% 0.0%
HEI B 0.01% 0.06% 0.01%
HIG B 0.05% 0.15% 0.05%
HII D 0.0% 0.03% 0.0%
HON B 1.6% 0.64% 0.64%
HPQ B 0.06% 0.16% 0.06%
HUBB B 0.08% 0.1% 0.08%
IBM C 0.06% 0.83% 0.06%
ICE C 0.33% 0.39% 0.33%
IEX B 0.03% 0.07% 0.03%
INTU C 0.26% 0.82% 0.26%
ITW B 0.15% 0.35% 0.15%
JBHT C 0.06% 0.08% 0.06%
JNJ D 0.37% 1.61% 0.37%
JPM A 1.74% 3.01% 1.74%
KEY B 0.05% 0.08% 0.05%
KLAC D 0.17% 0.36% 0.17%
KR B 0.05% 0.18% 0.05%
LHX C 0.02% 0.2% 0.02%
LII A 0.14% 0.09% 0.09%
LIN D 0.03% 0.93% 0.03%
LMT D 0.05% 0.55% 0.05%
LNT A 0.11% 0.07% 0.07%
LOW D 0.43% 0.66% 0.43%
LYB F 0.0% 0.12% 0.0%
MA C 0.04% 2.06% 0.04%
MAA B 0.01% 0.08% 0.01%
MAS D 0.12% 0.07% 0.07%
MCHP D 0.08% 0.15% 0.08%
MCO B 0.28% 0.37% 0.28%
MET A 0.08% 0.25% 0.08%
MKTX D 0.04% 0.04% 0.04%
MMC B 0.16% 0.48% 0.16%
MMM D 0.76% 0.31% 0.31%
MO A 0.41% 0.41% 0.41%
MRK F 0.24% 1.06% 0.24%
MS A 0.55% 0.94% 0.55%
MSFT F 4.24% 3.91% 3.91%
NDAQ A 0.14% 0.2% 0.14%
NDSN B 0.03% 0.06% 0.03%
NEE D 0.97% 0.68% 0.68%
NOC D 0.03% 0.31% 0.03%
NUE C 0.01% 0.15% 0.01%
ORCL B 0.45% 2.21% 0.45%
PAYX C 0.11% 0.22% 0.11%
PFE D 0.14% 0.61% 0.14%
PFG D 0.04% 0.09% 0.04%
PKG A 0.1% 0.09% 0.09%
PM B 0.87% 0.88% 0.87%
PNC B 0.21% 0.35% 0.21%
PRU A 0.07% 0.2% 0.07%
PSX C 0.1% 0.24% 0.1%
QCOM F 0.39% 0.79% 0.39%
RF A 0.07% 0.1% 0.07%
RJF A 0.13% 0.15% 0.13%
ROK B 0.1% 0.14% 0.1%
ROP B 0.09% 0.26% 0.09%
RS B 0.01% 0.07% 0.01%
RSG A 0.2% 0.28% 0.2%
RTX C 0.06% 0.69% 0.06%
SEIC B 0.02% 0.05% 0.02%
SHW A 0.01% 0.41% 0.01%
SNA A 0.04% 0.08% 0.04%
SO D 0.6% 0.42% 0.42%
SPGI C 0.55% 0.68% 0.55%
STLD B 0.01% 0.09% 0.01%
STT A 0.05% 0.12% 0.05%
SWK D 0.03% 0.06% 0.03%
SYY B 0.04% 0.16% 0.04%
TFC A 0.17% 0.27% 0.17%
TGT F 0.08% 0.31% 0.08%
TROW B 0.05% 0.11% 0.05%
TRV B 0.09% 0.26% 0.09%
TSCO D 0.09% 0.13% 0.09%
TT A 0.65% 0.4% 0.4%
TTC D 0.02% 0.04% 0.02%
TXN C 0.39% 0.82% 0.39%
UNH C 0.01% 2.35% 0.01%
UNP C 0.54% 0.62% 0.54%
UPS C 0.04% 0.43% 0.04%
USB A 0.2% 0.34% 0.2%
V A 0.04% 2.25% 0.04%
VMC B 0.59% 0.16% 0.16%
WBA F 0.0% 0.03% 0.0%
WM A 0.37% 0.38% 0.37%
WMT A 0.45% 2.92% 0.45%
WRB A 0.03% 0.1% 0.03%
WSM B 0.05% 0.07% 0.05%
WSO A 0.16% 0.08% 0.08%
WST C 0.03% 0.1% 0.03%
XEL A 0.24% 0.17% 0.17%
XOM B 0.95% 2.31% 0.95%
XYL D 0.06% 0.13% 0.06%
ZTS D 0.08% 0.35% 0.08%
INRO Overweight 266 Positions Relative to PFM
Symbol Grade Weight
NVDA C 7.62%
TMUS B 4.56%
META D 3.68%
GOOGL C 3.13%
GOOG C 2.72%
AMZN C 1.47%
BXP D 1.35%
TSLA B 1.32%
AXP A 1.14%
CBRE B 0.87%
WFC A 0.64%
CSGP D 0.63%
MLM B 0.57%
LLY F 0.57%
UBER D 0.49%
COF B 0.48%
URI B 0.47%
AMD F 0.47%
BX A 0.45%
CRM B 0.45%
CEG D 0.45%
CARR D 0.42%
SCHW B 0.41%
JCI C 0.39%
TJX A 0.39%
PWR A 0.37%
C A 0.34%
DHI D 0.33%
ADBE C 0.32%
KKR A 0.31%
GEV B 0.31%
AMAT F 0.3%
NOW A 0.3%
LEN D 0.28%
PCG A 0.26%
EXC C 0.25%
Z A 0.25%
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%
WCN A 0.21%
ORLY B 0.21%
CPRT A 0.21%
NVR D 0.21%
DE A 0.2%
COIN C 0.2%
ETR B 0.2%
VST B 0.19%
EME C 0.19%
LRCX F 0.19%
SYF B 0.18%
PANW C 0.18%
WELL A 0.18%
PLTR B 0.18%
PHM D 0.18%
PH A 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%
GILD C 0.14%
WMB A 0.13%
SW A 0.13%
FCX 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%
NEM D 0.11%
ACM A 0.11%
APP B 0.1%
KMI A 0.1%
MPC D 0.1%
EQIX A 0.1%
MSTR C 0.1%
NTRS A 0.1%
GM B 0.09%
IP B 0.09%
AIG B 0.09%
LNG B 0.09%
MTB A 0.09%
VRSK A 0.09%
SLB C 0.09%
ADSK A 0.09%
TRGP B 0.08%
EFX F 0.08%
OTIS C 0.08%
LPLA A 0.08%
IR B 0.08%
GE D 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%
PSA D 0.07%
BKR B 0.07%
DELL C 0.07%
HBAN A 0.07%
WAB B 0.07%
MELI D 0.07%
AMCR D 0.07%
HES B 0.07%
DLR B 0.07%
CCI D 0.06%
CFG B 0.06%
DDOG A 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%
FBIN D 0.06%
TW A 0.06%
IQV D 0.05%
WTW B 0.05%
PPL B 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%
FCNCA A 0.05%
PINS D 0.05%
VICI C 0.05%
ACGL D 0.05%
PNR A 0.04%
PTC A 0.04%
WDC D 0.04%
TRMB B 0.04%
ALNY D 0.04%
TYL B 0.04%
J F 0.04%
MKL A 0.04%
HAL C 0.04%
FSLR F 0.04%
DVN F 0.04%
EQT B 0.04%
IRM D 0.04%
BA F 0.04%
ZBRA B 0.04%
NTAP C 0.04%
TDY B 0.04%
TRU D 0.04%
SMCI F 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%
L A 0.03%
BIIB F 0.03%
DOC D 0.03%
TDG D 0.03%
WY D 0.03%
ENTG D 0.03%
SNAP C 0.03%
JBL B 0.03%
DAL C 0.03%
ZM B 0.03%
TER D 0.03%
SSNC B 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%
DINO D 0.02%
DG F 0.02%
ENPH F 0.02%
AXON A 0.02%
AVTR F 0.02%
ALLY C 0.02%
HWM 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%
TXT D 0.01%
MDB C 0.01%
VRSN F 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%
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%
INRO Underweight 254 Positions Relative to PFM
Symbol Grade Weight
PG A -1.73%
KO D -1.15%
CSCO B -1.0%
PEP F -0.94%
MCD D -0.9%
ABT B -0.88%
VZ C -0.77%
CMCSA B -0.72%
BLK C -0.67%
SYK C -0.64%
SBUX A -0.49%
MDT D -0.48%
PLD D -0.46%
ELV F -0.4%
NKE D -0.39%
MDLZ F -0.37%
MSI B -0.35%
MCK B -0.34%
CL D -0.33%
EPD A -0.29%
BDX F -0.28%
SRE A -0.25%
COR B -0.21%
MPLX A -0.21%
O D -0.21%
KMB D -0.2%
PEG A -0.19%
RMD C -0.15%
HUM C -0.14%
ED D -0.14%
CAH B -0.13%
WEC A -0.13%
CHD B -0.12%
PPG F -0.12%
AEE A -0.11%
DTE C -0.11%
HSY F -0.11%
ADM D -0.11%
AWK D -0.11%
CMS C -0.09%
CLX B -0.09%
STE F -0.09%
RPM A -0.08%
DGX A -0.08%
TSN B -0.08%
MKC D -0.08%
RGA A -0.07%
DPZ C -0.07%
FIX A -0.07%
HRL D -0.07%
WLK D -0.07%
NI A -0.07%
GPC D -0.07%
ELS C -0.06%
UNM A -0.06%
REG B -0.06%
POOL C -0.06%
RNR C -0.06%
MORN B -0.06%
UDR B -0.06%
CASY A -0.06%
WTRG B -0.05%
CUBE D -0.05%
ATR B -0.05%
EVR B -0.05%
RRX B -0.05%
SJM D -0.05%
LECO B -0.05%
EMN D -0.05%
ALB C -0.05%
ITT A -0.05%
SCI B -0.05%
JKHY D -0.05%
ENSG D -0.04%
EGP F -0.04%
CHE D -0.04%
OGE B -0.04%
ZION B -0.04%
WTFC A -0.04%
CFR B -0.04%
INGR B -0.04%
DCI B -0.04%
REXR F -0.04%
CBSH A -0.04%
RGLD C -0.04%
ORI A -0.04%
GL B -0.04%
LAD A -0.04%
AIT A -0.04%
CHDN B -0.04%
PRI A -0.04%
PNW B -0.04%
IPG D -0.04%
THG A -0.03%
TRNO F -0.03%
THO B -0.03%
FFIN B -0.03%
UMBF B -0.03%
SIGI C -0.03%
LFUS F -0.03%
IDA A -0.03%
CBT C -0.03%
HOMB A -0.03%
BMI B -0.03%
STAG F -0.03%
MSA D -0.03%
FAF A -0.03%
CADE B -0.03%
FR C -0.03%
AGCO D -0.03%
R B -0.03%
OSK B -0.03%
AXS A -0.03%
BOKF B -0.03%
SSD D -0.03%
ADC B -0.03%
RHI B -0.03%
NNN D -0.03%
PB A -0.03%
SSB B -0.03%
UFPI B -0.03%
RLI B -0.03%
WSFS A -0.02%
CBU B -0.02%
PRGO B -0.02%
SR A -0.02%
PII D -0.02%
MGEE C -0.02%
GFF A -0.02%
AUB B -0.02%
MDU D -0.02%
CCOI B -0.02%
WDFC B -0.02%
ASH D -0.02%
BANF B -0.02%
ASB B -0.02%
FUL F -0.02%
CNO A -0.02%
BKH A -0.02%
IBOC A -0.02%
AVNT B -0.02%
FLO D -0.02%
POR C -0.02%
KAI A -0.02%
NJR A -0.02%
AVT C -0.02%
EXPO D -0.02%
FELE B -0.02%
LANC C -0.02%
SON D -0.02%
CNS B -0.02%
NXST C -0.02%
AGO B -0.02%
UGI A -0.02%
TKR D -0.02%
MATX C -0.02%
AL B -0.02%
GATX A -0.02%
DDS B -0.02%
OZK B -0.02%
BC C -0.02%
SWX B -0.02%
UBSI B -0.02%
BCPC B -0.02%
WTS B -0.02%
NFG A -0.02%
SLGN A -0.02%
MSEX B -0.01%
GABC B -0.01%
TR B -0.01%
UVV B -0.01%
LNN B -0.01%
WABC B -0.01%
NWN A -0.01%
CSGS B -0.01%
TCBK B -0.01%
STBA B -0.01%
SRCE B -0.01%
ANDE D -0.01%
TNC D -0.01%
HMN B -0.01%
DKL C -0.01%
SCL C -0.01%
GTY B -0.01%
SJW D -0.01%
APOG B -0.01%
LKFN B -0.01%
NHC C -0.01%
CHCO B -0.01%
AGM C -0.01%
WOR F -0.01%
WSBC A -0.01%
SYBT B -0.01%
HI C -0.01%
NBTB B -0.01%
LMAT A -0.01%
MTRN C -0.01%
SXI B -0.01%
HNI B -0.01%
FRME B -0.01%
TOWN B -0.01%
HWKN B -0.01%
NSP D -0.01%
ABR C -0.01%
CPK A -0.01%
CWT D -0.01%
WAFD B -0.01%
IOSP B -0.01%
MAN D -0.01%
AVA A -0.01%
INDB B -0.01%
SFNC B -0.01%
TRN C -0.01%
KWR C -0.01%
AWR B -0.01%
BRC D -0.01%
JJSF B -0.01%
OTTR C -0.01%
NWE B -0.01%
POWI D -0.01%
FIBK A -0.01%
ABM B -0.01%
JOUT D -0.0%
FLIC B -0.0%
ARTNA D -0.0%
HVT D -0.0%
ODC C -0.0%
BMRC B -0.0%
CTO B -0.0%
YORW D -0.0%
AROW B -0.0%
UHT D -0.0%
THFF B -0.0%
PLOW D -0.0%
HIFS B -0.0%
CASS B -0.0%
SPTN D -0.0%
WASH C -0.0%
MATW C -0.0%
GSBC B -0.0%
SMBC B -0.0%
HY D -0.0%
MBWM B -0.0%
HBNC B -0.0%
MNRO D -0.0%
FCBC B -0.0%
HFWA B -0.0%
SCVL F -0.0%
PFC A -0.0%
GRC A -0.0%
SBSI B -0.0%
CTBI B -0.0%
TMP B -0.0%
AMSF B -0.0%
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