INRO vs. PHDG ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to PowerShares S&P 500 Downside Hedged Portfolio (PHDG)
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

$28.27

Average Daily Volume

3,544

Number of Holdings *

423

* may have additional holdings in another (foreign) market
PHDG

PowerShares S&P 500 Downside Hedged Portfolio

PHDG Description The PowerShares S&P 500® Downside Hedged Portfolio (the Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad equity or fixed-income market returns. The Fund seeks to achieve its investment objective by using a quantitative, rules-based strategy designed to provide returns that correspond to the performance of the S&P 500® Dynamic VEQTOR Index (the Index). The Index provides investors with broad equity market exposure with an implied volatility hedge by dynamically allocating between equity, volatility and cash. The index allows investors to receive exposure to the equity and volatility of the S&P 500 Index in a dynamic framework.

Grade (RS Rating)

Last Trade

$38.15

Average Daily Volume

12,398

Number of Holdings *

499

* may have additional holdings in another (foreign) market
Performance
Period INRO PHDG
30 Days 2.86% -1.45%
60 Days 5.93% 1.30%
90 Days 6.63% 1.18%
12 Months 18.05%
343 Overlapping Holdings
Symbol Grade Weight in INRO Weight in PHDG Overlap
A D 0.05% 0.04% 0.04%
AAPL C 5.57% 3.74% 3.74%
ABBV F 0.4% 0.32% 0.32%
ACGL C 0.06% 0.04% 0.04%
ACN B 0.07% 0.24% 0.07%
ADBE C 0.32% 0.25% 0.25%
ADI D 0.23% 0.11% 0.11%
ADP A 0.29% 0.13% 0.13%
ADSK A 0.1% 0.07% 0.07%
AEP C 0.31% 0.05% 0.05%
AES F 0.03% 0.01% 0.01%
AFL B 0.09% 0.06% 0.06%
AIG B 0.08% 0.05% 0.05%
AIZ A 0.02% 0.01% 0.01%
AJG A 0.09% 0.07% 0.07%
ALL A 0.08% 0.06% 0.06%
ALLE C 0.09% 0.01% 0.01%
AMAT F 0.32% 0.17% 0.17%
AMCR C 0.07% 0.02% 0.02%
AMD F 0.49% 0.24% 0.24%
AME A 0.14% 0.05% 0.05%
AMGN F 0.22% 0.17% 0.17%
AMP A 0.17% 0.06% 0.06%
AMT C 0.11% 0.1% 0.1%
AMZN C 1.46% 2.13% 1.46%
ANSS B 0.05% 0.03% 0.03%
AON A 0.11% 0.09% 0.09%
AOS F 0.06% 0.01% 0.01%
APA D 0.01% 0.01% 0.01%
APD A 0.01% 0.08% 0.01%
APH A 0.19% 0.09% 0.09%
ARE F 0.04% 0.02% 0.02%
ATO A 0.05% 0.02% 0.02%
AVB B 0.01% 0.03% 0.01%
AVGO D 1.64% 0.86% 0.86%
AVY F 0.07% 0.02% 0.02%
AXON A 0.02% 0.05% 0.02%
AXP A 1.14% 0.17% 0.17%
AZO C 0.15% 0.06% 0.06%
BA F 0.04% 0.11% 0.04%
BAC A 0.79% 0.33% 0.33%
BALL F 0.08% 0.02% 0.02%
BBY D 0.05% 0.02% 0.02%
BEN C 0.03% 0.01% 0.01%
BIIB F 0.03% 0.03% 0.03%
BK A 0.11% 0.06% 0.06%
BKR A 0.07% 0.05% 0.05%
BLDR D 0.15% 0.02% 0.02%
BMY B 0.12% 0.13% 0.12%
BR A 0.07% 0.03% 0.03%
BRK.A B 0.06% 0.92% 0.06%
BRO B 0.04% 0.03% 0.03%
BX A 0.42% 0.14% 0.14%
BXP C 1.38% 0.01% 0.01%
C A 0.34% 0.14% 0.14%
CARR C 0.42% 0.07% 0.07%
CAT B 0.36% 0.2% 0.2%
CB C 0.16% 0.12% 0.12%
CBOE C 0.04% 0.02% 0.02%
CBRE B 0.88% 0.04% 0.04%
CCI C 0.05% 0.05% 0.05%
CDNS B 0.12% 0.09% 0.09%
CDW F 0.06% 0.03% 0.03%
CEG C 0.45% 0.08% 0.08%
CFG B 0.05% 0.02% 0.02%
CINF A 0.04% 0.03% 0.03%
CME B 0.26% 0.09% 0.09%
CMI A 0.09% 0.05% 0.05%
COF C 0.49% 0.08% 0.08%
COP C 0.23% 0.14% 0.14%
COST A 0.46% 0.44% 0.44%
CPRT B 0.21% 0.05% 0.05%
CPT B 0.0% 0.01% 0.0%
CRL D 0.02% 0.01% 0.01%
CRM B 0.47% 0.35% 0.35%
CRWD B 0.11% 0.09% 0.09%
CSGP D 0.65% 0.03% 0.03%
CSX C 0.26% 0.07% 0.07%
CTAS B 0.34% 0.08% 0.08%
CTLT C 0.01% 0.01% 0.01%
CTRA B 0.03% 0.02% 0.02%
CTSH B 0.02% 0.04% 0.02%
CVX A 0.48% 0.3% 0.3%
DAL B 0.03% 0.04% 0.03%
DAY B 0.03% 0.01% 0.01%
DE B 0.2% 0.11% 0.11%
DELL B 0.07% 0.04% 0.04%
DFS B 0.31% 0.05% 0.05%
DG F 0.01% 0.02% 0.01%
DHI F 0.33% 0.05% 0.05%
DHR F 0.2% 0.17% 0.17%
DLR B 0.07% 0.06% 0.06%
DLTR F 0.01% 0.01% 0.01%
DOC C 0.03% 0.02% 0.02%
DOV A 0.06% 0.03% 0.03%
DUK C 0.53% 0.09% 0.09%
DVN F 0.04% 0.03% 0.03%
EBAY D 0.02% 0.03% 0.02%
EFX F 0.08% 0.03% 0.03%
EG C 0.03% 0.02% 0.02%
EIX B 0.2% 0.03% 0.03%
EMR B 0.24% 0.08% 0.08%
ENPH F 0.02% 0.01% 0.01%
EOG A 0.14% 0.08% 0.08%
EPAM B 0.01% 0.02% 0.01%
EQIX A 0.1% 0.09% 0.09%
EQR C 0.01% 0.03% 0.01%
EQT B 0.04% 0.03% 0.03%
ERIE D 0.02% 0.01% 0.01%
ES C 0.13% 0.02% 0.02%
ESS B 0.01% 0.02% 0.01%
ETN A 0.48% 0.16% 0.16%
ETR B 0.2% 0.03% 0.03%
EVRG A 0.1% 0.02% 0.02%
EXC C 0.24% 0.04% 0.04%
EXPD C 0.0% 0.02% 0.0%
EXR C 0.04% 0.04% 0.04%
F C 0.06% 0.05% 0.05%
FANG C 0.06% 0.04% 0.04%
FAST B 0.41% 0.05% 0.05%
FCX F 0.11% 0.07% 0.07%
FDS B 0.07% 0.02% 0.02%
FDX B 0.02% 0.07% 0.02%
FE C 0.15% 0.02% 0.02%
FI A 0.01% 0.13% 0.01%
FICO B 0.08% 0.06% 0.06%
FIS C 0.01% 0.05% 0.01%
FITB B 0.08% 0.03% 0.03%
FSLR F 0.04% 0.02% 0.02%
FTNT C 0.09% 0.06% 0.06%
FTV C 0.05% 0.03% 0.03%
GD D 0.03% 0.08% 0.03%
GDDY A 0.01% 0.03% 0.01%
GE D 0.08% 0.21% 0.08%
GEN B 0.03% 0.02% 0.02%
GEV B 0.31% 0.1% 0.1%
GILD C 0.16% 0.12% 0.12%
GLW B 0.09% 0.04% 0.04%
GM C 0.09% 0.07% 0.07%
GOOG C 2.71% 0.92% 0.92%
GOOGL C 3.12% 1.11% 1.11%
GRMN B 0.22% 0.03% 0.03%
GS A 0.62% 0.2% 0.2%
GWW B 0.46% 0.06% 0.06%
HAL C 0.04% 0.03% 0.03%
HBAN A 0.07% 0.03% 0.03%
HD B 1.16% 0.43% 0.43%
HES B 0.07% 0.04% 0.04%
HIG B 0.05% 0.04% 0.04%
HII F 0.0% 0.01% 0.0%
HON C 1.56% 0.16% 0.16%
HPE B 0.05% 0.03% 0.03%
HPQ B 0.06% 0.04% 0.04%
HUBB B 0.08% 0.03% 0.03%
HWM A 0.02% 0.05% 0.02%
IBM C 0.06% 0.21% 0.06%
ICE C 0.29% 0.1% 0.1%
IEX C 0.03% 0.02% 0.02%
INCY C 0.02% 0.01% 0.01%
INTC C 0.22% 0.12% 0.12%
INTU B 0.28% 0.21% 0.21%
INVH D 0.01% 0.02% 0.01%
IP A 0.09% 0.02% 0.02%
IQV F 0.05% 0.04% 0.04%
IR B 0.08% 0.04% 0.04%
IRM C 0.04% 0.04% 0.04%
IT C 0.02% 0.04% 0.02%
ITW B 0.15% 0.08% 0.08%
J D 0.04% 0.02% 0.02%
JBHT C 0.06% 0.02% 0.02%
JBL C 0.03% 0.02% 0.02%
JCI B 0.4% 0.06% 0.06%
JNJ C 0.36% 0.39% 0.36%
JPM A 1.68% 0.74% 0.74%
KEY B 0.05% 0.02% 0.02%
KEYS A 0.06% 0.03% 0.03%
KKR A 0.31% 0.11% 0.11%
KLAC F 0.18% 0.09% 0.09%
KMI A 0.1% 0.06% 0.06%
KMX B 0.04% 0.01% 0.01%
KR B 0.05% 0.04% 0.04%
L A 0.03% 0.02% 0.02%
LDOS C 0.06% 0.02% 0.02%
LEN D 0.28% 0.04% 0.04%
LHX C 0.02% 0.05% 0.02%
LIN C 0.02% 0.23% 0.02%
LLY F 0.64% 0.67% 0.64%
LMT D 0.05% 0.12% 0.05%
LNT A 0.1% 0.02% 0.02%
LOW C 0.45% 0.17% 0.17%
LRCX F 0.21% 0.11% 0.11%
LUV C 0.01% 0.02% 0.01%
MA B 0.04% 0.46% 0.04%
MAA B 0.01% 0.02% 0.01%
MAS D 0.12% 0.02% 0.02%
MCHP F 0.08% 0.04% 0.04%
MCO B 0.26% 0.08% 0.08%
MET A 0.08% 0.05% 0.05%
META D 3.77% 1.36% 1.36%
MKTX D 0.03% 0.01% 0.01%
MLM C 0.59% 0.04% 0.04%
MMC B 0.16% 0.12% 0.12%
MMM D 0.78% 0.08% 0.08%
MO A 0.39% 0.1% 0.1%
MPC D 0.1% 0.06% 0.06%
MPWR F 0.06% 0.03% 0.03%
MRK D 0.24% 0.27% 0.24%
MRNA F 0.02% 0.01% 0.01%
MRO B 0.03% 0.02% 0.02%
MS A 0.52% 0.18% 0.18%
MSCI C 0.15% 0.05% 0.05%
MSFT D 4.18% 3.42% 3.42%
MTB A 0.09% 0.04% 0.04%
MTCH D 0.02% 0.01% 0.01%
MTD F 0.04% 0.03% 0.03%
MU D 0.25% 0.12% 0.12%
NDAQ A 0.12% 0.03% 0.03%
NDSN B 0.03% 0.02% 0.02%
NEE C 0.94% 0.17% 0.17%
NEM D 0.11% 0.05% 0.05%
NOC D 0.03% 0.07% 0.03%
NOW A 0.3% 0.23% 0.23%
NRG B 0.12% 0.02% 0.02%
NSC B 0.23% 0.06% 0.06%
NTAP C 0.04% 0.03% 0.03%
NTRS A 0.08% 0.02% 0.02%
NUE C 0.01% 0.04% 0.01%
NVDA B 7.42% 3.89% 3.89%
NVR D 0.22% 0.03% 0.03%
NXPI D 0.12% 0.06% 0.06%
ODFL C 0.17% 0.05% 0.05%
OKE A 0.11% 0.07% 0.07%
ON D 0.06% 0.03% 0.03%
ORCL A 0.44% 0.32% 0.32%
ORLY B 0.21% 0.08% 0.08%
OTIS C 0.08% 0.04% 0.04%
OXY D 0.06% 0.04% 0.04%
PANW B 0.18% 0.14% 0.14%
PAYC B 0.03% 0.01% 0.01%
PAYX B 0.11% 0.05% 0.05%
PCAR B 0.11% 0.07% 0.07%
PCG A 0.26% 0.05% 0.05%
PFE F 0.14% 0.16% 0.14%
PFG D 0.04% 0.02% 0.02%
PGR A 0.23% 0.16% 0.16%
PH A 0.17% 0.1% 0.1%
PHM D 0.19% 0.03% 0.03%
PKG A 0.1% 0.02% 0.02%
PLTR B 0.17% 0.13% 0.13%
PM B 0.83% 0.21% 0.21%
PNC B 0.2% 0.09% 0.09%
PNR A 0.04% 0.02% 0.02%
PPL A 0.05% 0.03% 0.03%
PRU A 0.07% 0.05% 0.05%
PSA C 0.07% 0.06% 0.06%
PSX C 0.1% 0.06% 0.06%
PTC B 0.04% 0.02% 0.02%
PWR A 0.37% 0.05% 0.05%
PYPL B 0.01% 0.09% 0.01%
QCOM F 0.39% 0.2% 0.2%
QRVO F 0.01% 0.01% 0.01%
REGN F 0.12% 0.09% 0.09%
RF A 0.07% 0.03% 0.03%
RJF A 0.11% 0.03% 0.03%
ROK C 0.1% 0.04% 0.04%
ROL B 0.06% 0.02% 0.02%
ROP B 0.09% 0.07% 0.07%
ROST D 0.14% 0.05% 0.05%
RSG A 0.2% 0.05% 0.05%
RTX D 0.07% 0.17% 0.07%
RVTY F 0.02% 0.02% 0.02%
SBAC D 0.03% 0.03% 0.03%
SCHW B 0.37% 0.13% 0.13%
SHW B 0.01% 0.1% 0.01%
SLB C 0.09% 0.07% 0.07%
SMCI F 0.02% 0.01% 0.01%
SNA A 0.04% 0.02% 0.02%
SNPS B 0.12% 0.09% 0.09%
SO C 0.59% 0.1% 0.1%
SPGI C 0.52% 0.18% 0.18%
STLD B 0.01% 0.02% 0.01%
STT B 0.05% 0.03% 0.03%
STX C 0.04% 0.02% 0.02%
SW A 0.12% 0.03% 0.03%
SWK D 0.03% 0.01% 0.01%
SWKS F 0.03% 0.01% 0.01%
SYF B 0.18% 0.03% 0.03%
SYY D 0.04% 0.04% 0.04%
TDG D 0.03% 0.08% 0.03%
TDY B 0.05% 0.02% 0.02%
TECH F 0.02% 0.01% 0.01%
TER F 0.03% 0.02% 0.02%
TFC A 0.15% 0.07% 0.07%
TGT F 0.08% 0.08% 0.08%
TJX A 0.38% 0.15% 0.15%
TMO F 0.26% 0.22% 0.22%
TMUS B 4.59% 0.13% 0.13%
TRGP A 0.07% 0.05% 0.05%
TRMB B 0.04% 0.02% 0.02%
TROW B 0.05% 0.03% 0.03%
TRV B 0.09% 0.06% 0.06%
TSCO D 0.09% 0.03% 0.03%
TSLA B 1.32% 0.93% 0.93%
TT A 0.65% 0.1% 0.1%
TXN C 0.41% 0.2% 0.2%
TXT D 0.01% 0.02% 0.01%
TYL B 0.04% 0.03% 0.03%
UBER F 0.5% 0.16% 0.16%
ULTA F 0.05% 0.02% 0.02%
UNH B 0.01% 0.59% 0.01%
UNP C 0.55% 0.15% 0.15%
UPS C 0.03% 0.1% 0.03%
URI C 0.5% 0.06% 0.06%
USB A 0.2% 0.08% 0.08%
V A 0.04% 0.56% 0.04%
VICI C 0.05% 0.04% 0.04%
VLO C 0.08% 0.05% 0.05%
VLTO C 0.11% 0.03% 0.03%
VMC B 0.61% 0.04% 0.04%
VRSK A 0.09% 0.04% 0.04%
VRSN C 0.01% 0.02% 0.01%
VRTX D 0.17% 0.13% 0.13%
VST A 0.17% 0.05% 0.05%
VTR B 0.06% 0.03% 0.03%
VTRS A 0.01% 0.02% 0.01%
WAB B 0.07% 0.04% 0.04%
WAT C 0.03% 0.02% 0.02%
WBA F 0.01% 0.01% 0.01%
WDC D 0.04% 0.02% 0.02%
WELL A 0.18% 0.08% 0.08%
WFC A 0.62% 0.27% 0.27%
WM B 0.37% 0.09% 0.09%
WMB A 0.12% 0.07% 0.07%
WMT A 0.41% 0.4% 0.4%
WRB A 0.03% 0.02% 0.02%
WST C 0.03% 0.03% 0.03%
WTW B 0.05% 0.03% 0.03%
WY F 0.03% 0.02% 0.02%
XEL A 0.23% 0.04% 0.04%
XOM B 0.95% 0.58% 0.58%
XYL D 0.06% 0.03% 0.03%
ZBRA B 0.04% 0.02% 0.02%
ZTS D 0.08% 0.09% 0.08%
INRO Overweight 80 Positions Relative to PHDG
Symbol Grade Weight
Z A 0.25%
COIN C 0.2%
WCN A 0.2%
EME A 0.19%
MRVL B 0.17%
WSO A 0.16%
CSL C 0.15%
LII A 0.14%
VRT B 0.14%
ARES A 0.11%
ACM B 0.11%
OC A 0.11%
LNG A 0.09%
MSTR B 0.08%
APP B 0.08%
WDAY B 0.08%
FBIN D 0.07%
MELI C 0.07%
LPLA A 0.07%
BAH F 0.06%
TEAM A 0.06%
ALNY D 0.05%
BURL B 0.05%
HUBS A 0.05%
WSM C 0.05%
TRU D 0.05%
TPL A 0.05%
HOOD B 0.05%
DDOG A 0.05%
CCK D 0.05%
FCNCA A 0.05%
PINS F 0.05%
TW A 0.05%
ZM C 0.04%
KNX C 0.04%
SNAP D 0.04%
MKL A 0.04%
CG B 0.04%
ZS B 0.03%
MANH D 0.03%
DT D 0.03%
PSTG D 0.03%
GGG B 0.03%
ILMN C 0.03%
ENTG D 0.03%
DKS D 0.03%
SSNC B 0.03%
BSY F 0.02%
BMRN F 0.02%
NBIX C 0.02%
SEIC B 0.02%
TTC C 0.02%
IOT A 0.02%
CNH C 0.02%
AFG A 0.02%
ALLY C 0.02%
BBWI C 0.02%
AVTR F 0.02%
UHAL D 0.02%
OVV B 0.02%
UTHR C 0.02%
GLPI C 0.02%
DOCU B 0.02%
RS B 0.01%
SUI C 0.01%
ACI C 0.01%
MDB B 0.01%
HEI A 0.01%
RPRX D 0.01%
TWLO A 0.01%
NET B 0.01%
APO B 0.01%
BIO C 0.01%
RIVN F 0.01%
EXAS D 0.01%
SNOW B 0.01%
DINO D 0.01%
CHRD D 0.01%
FNF B 0.0%
HEI A 0.0%
INRO Underweight 156 Positions Relative to PHDG
Symbol Grade Weight
PG C -0.42%
NFLX A -0.39%
KO D -0.26%
CSCO B -0.25%
PEP F -0.24%
MCD D -0.23%
ABT B -0.22%
ISRG A -0.21%
DIS B -0.21%
VZ C -0.19%
CMCSA B -0.18%
BKNG A -0.18%
T A -0.17%
BLK B -0.16%
BSX A -0.14%
SYK B -0.14%
MDT D -0.12%
SBUX A -0.12%
ANET C -0.11%
PLD F -0.11%
CI D -0.1%
NKE F -0.1%
ELV F -0.1%
MCK A -0.09%
CMG B -0.09%
MSI B -0.09%
MDLZ F -0.09%
CL D -0.08%
HLT A -0.07%
ECL D -0.07%
HCA F -0.07%
BDX F -0.07%
MAR A -0.07%
CVS D -0.07%
SPG A -0.06%
RCL A -0.06%
SRE A -0.06%
ABNB C -0.06%
COR B -0.05%
PEG A -0.05%
KMB C -0.05%
KVUE A -0.05%
D C -0.05%
O C -0.05%
ED C -0.04%
HUM C -0.04%
RMD C -0.04%
DD C -0.04%
IDXX F -0.04%
GIS D -0.04%
KDP F -0.04%
GEHC D -0.04%
STZ D -0.04%
LULU C -0.04%
CHTR C -0.04%
YUM D -0.04%
MNST C -0.04%
EA A -0.04%
CTVA C -0.04%
EW C -0.04%
AEE A -0.03%
CCL A -0.03%
DTE C -0.03%
ADM D -0.03%
AWK C -0.03%
CPAY A -0.03%
CHD A -0.03%
HSY F -0.03%
DECK A -0.03%
KHC F -0.03%
PPG F -0.03%
GPN B -0.03%
CAH B -0.03%
TTWO A -0.03%
DXCM C -0.03%
UAL A -0.03%
WEC A -0.03%
CNC D -0.03%
DOW F -0.03%
FFIV B -0.02%
APTV F -0.02%
EL F -0.02%
DPZ C -0.02%
CF A -0.02%
ALGN D -0.02%
NI A -0.02%
BAX F -0.02%
KIM A -0.02%
LVS B -0.02%
GPC D -0.02%
DGX A -0.02%
MOH F -0.02%
HOLX D -0.02%
TSN B -0.02%
PODD C -0.02%
MKC C -0.02%
CNP A -0.02%
DRI B -0.02%
LH B -0.02%
CMS C -0.02%
LYV A -0.02%
OMC C -0.02%
CLX A -0.02%
LYB F -0.02%
K A -0.02%
STE D -0.02%
WBD B -0.02%
ZBH C -0.02%
EXPE B -0.02%
IFF D -0.02%
FOX A -0.01%
PARA C -0.01%
FMC D -0.01%
DVA C -0.01%
MHK D -0.01%
BWA D -0.01%
IVZ B -0.01%
CE F -0.01%
HAS D -0.01%
MOS F -0.01%
HSIC C -0.01%
CZR F -0.01%
RL C -0.01%
FRT B -0.01%
MGM D -0.01%
WYNN C -0.01%
CPB D -0.01%
HRL D -0.01%
TFX F -0.01%
SOLV D -0.01%
GL C -0.01%
LKQ F -0.01%
PNW A -0.01%
FOXA A -0.01%
IPG D -0.01%
TAP C -0.01%
NWSA A -0.01%
GNRC C -0.01%
LW C -0.01%
NCLH B -0.01%
SJM D -0.01%
EMN C -0.01%
UHS D -0.01%
ALB B -0.01%
REG A -0.01%
HST C -0.01%
BG D -0.01%
JKHY D -0.01%
JNPR D -0.01%
CHRW B -0.01%
CAG F -0.01%
TPR B -0.01%
UDR B -0.01%
AKAM D -0.01%
POOL C -0.01%
NWS A -0.0%
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