INRO vs. SCHX ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to Schwab U.S. Large-Cap ETF (SCHX)

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

$27.26

Average Daily Volume

3,512

Number of Holdings ^*

452

* may have additional holdings in another (foreign) market

SCHX

Schwab U.S. Large-Cap ETF

SCHX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Total Stock Market IndexSM. The fund invests at least 90% of net assets in stocks that are included in the index. The index includes the large-cap portion of the Dow Jones U.S. Total Stock Market IndexSM actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The index is a float-adjusted market capitalization weighted index. It may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$22.80

Average Daily Volume

7,287,377

Number of Holdings ^*

734

* may have additional holdings in another (foreign) market

Performance

Period	INRO	SCHX
30 Days	1.12%	0.90%
60 Days	8.37%	7.47%
90 Days	12.20%	11.98%
12 Months		34.84%

448 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in SCHX	Overlap
A	C	0.22%	0.08%	0.08%
AAPL	C	7.55%	6.68%	6.68%
ABBV	B	0.36%	0.63%	0.36%
ABNB	C	0.11%	0.11%	0.11%
ABT	B	0.15%	0.39%	0.15%
ACGL	F	0.07%	0.08%	0.07%
ACN	C	0.71%	0.45%	0.45%
ADBE	D	0.42%	0.42%	0.42%
ADI	C	0.25%	0.21%	0.21%
ADP	A	0.54%	0.23%	0.23%
ADSK	A	0.12%	0.12%	0.12%
AEP	D	0.11%	0.1%	0.1%
AES	F	0.02%	0.02%	0.02%
AFG	F	0.02%	0.02%	0.02%
AFL	D	0.12%	0.11%	0.11%
AIG	B	0.11%	0.1%	0.1%
AIZ	C	0.02%	0.02%	0.02%
AJG	D	0.12%	0.12%	0.12%
AKAM	D	0.05%	0.03%	0.03%
ALGN	F	0.01%	0.03%	0.01%
ALL	D	0.1%	0.1%	0.1%
ALLE	D	0.05%	0.03%	0.03%
ALLY	D	0.02%	0.02%	0.02%
ALNY	C	0.04%	0.07%	0.04%
AMAT	F	0.34%	0.29%	0.29%
AMCR	D	0.02%	0.03%	0.02%
AMD	F	0.56%	0.48%	0.48%
AME	A	0.03%	0.07%	0.03%
AMGN	D	0.18%	0.33%	0.18%
AMP	A	0.15%	0.1%	0.1%
AMT	D	0.17%	0.2%	0.17%
AMZN	A	1.37%	3.32%	1.37%
ANET	B	0.02%	0.2%	0.02%
ANSS	C	0.05%	0.05%	0.05%
AON	B	0.14%	0.15%	0.14%
AOS	F	0.04%	0.02%	0.02%
APA	F	0.01%	0.02%	0.01%
APH	A	0.11%	0.15%	0.11%
APO	A	0.01%	0.12%	0.01%
APP	B	0.07%	0.06%	0.06%
ARES	B	0.1%	0.06%	0.06%
AVGO	B	1.68%	1.6%	1.6%
AVTR	D	0.09%	0.03%	0.03%
AVY	D	0.01%	0.03%	0.01%
AWK	D	0.61%	0.05%	0.05%
AXON	B	0.01%	0.06%	0.01%
AXP	B	0.21%	0.3%	0.21%
AZO	D	0.2%	0.1%	0.1%
BA	F	0.03%	0.17%	0.03%
BAC	B	0.35%	0.54%	0.35%
BAH	A	0.1%	0.04%	0.04%
BALL	F	0.02%	0.04%	0.02%
BAX	D	0.01%	0.04%	0.01%
BBWI	D	0.03%	0.01%	0.01%
BBY	D	0.08%	0.04%	0.04%
BDX	D	0.05%	0.13%	0.05%
BEN	C	0.03%	0.01%	0.01%
BIIB	F	0.03%	0.05%	0.03%
BIO	A	0.04%	0.01%	0.01%
BK	A	0.1%	0.11%	0.1%
BKNG	A	0.26%	0.28%	0.26%
BKR	A	0.21%	0.07%	0.07%
BLDR	D	0.1%	0.04%	0.04%
BMRN	F	0.01%	0.03%	0.01%
BMY	A	0.07%	0.2%	0.07%
BR	B	0.13%	0.05%	0.05%
BRK.A	D	0.06%	1.62%	0.06%
BRO	A	0.05%	0.05%	0.05%
BSX	B	0.09%	0.24%	0.09%
BSY	D	0.02%	0.01%	0.01%
BURL	D	0.06%	0.03%	0.03%
BX	B	0.36%	0.23%	0.23%
BXP	B	0.87%	0.02%	0.02%
C	B	0.16%	0.23%	0.16%
CAH	C	0.04%	0.05%	0.04%
CARR	D	0.26%	0.13%	0.13%
CAT	B	0.48%	0.36%	0.36%
CB	D	0.22%	0.21%	0.21%
CBOE	B	0.07%	0.04%	0.04%
CBRE	A	0.92%	0.07%	0.07%
CCI	D	0.08%	0.09%	0.08%
CCK	B	0.01%	0.02%	0.01%
CCL	B	0.04%	0.04%	0.04%
CDNS	B	0.13%	0.14%	0.13%
CDW	F	0.04%	0.06%	0.04%
CEG	C	0.18%	0.16%	0.16%
CFG	B	0.02%	0.04%	0.02%
CG	B	0.04%	0.02%	0.02%
CHRD	F	0.01%	0.02%	0.01%
CHRW	C	0.03%	0.02%	0.02%
CI	D	0.12%	0.19%	0.12%
CINF	B	0.05%	0.04%	0.04%
CME	B	0.25%	0.15%	0.15%
CMG	D	0.15%	0.15%	0.15%
CMI	A	0.11%	0.09%	0.09%
CNC	D	0.05%	0.06%	0.05%
CNH	B	0.02%	0.02%	0.02%
COF	A	0.09%	0.12%	0.09%
COIN	C	0.11%	0.08%	0.08%
COP	D	0.22%	0.23%	0.22%
COR	B	0.05%	0.08%	0.05%
CPRT	D	0.03%	0.09%	0.03%
CRL	F	0.05%	0.02%	0.02%
CRM	B	0.55%	0.53%	0.53%
CRWD	C	0.13%	0.14%	0.13%
CSCO	A	0.06%	0.43%	0.06%
CSGP	D	0.69%	0.06%	0.06%
CSL	D	0.09%	0.04%	0.04%
CSX	D	0.48%	0.12%	0.12%
CTAS	B	0.07%	0.14%	0.07%
CTLT	D	0.01%	0.02%	0.01%
CTRA	F	0.03%	0.03%	0.03%
CTSH	D	0.11%	0.07%	0.07%
CVS	F	0.1%	0.15%	0.1%
CVX	B	0.46%	0.49%	0.46%
DASH	B	0.09%	0.09%	0.09%
DAY	A	0.05%	0.02%	0.02%
DDOG	B	0.06%	0.07%	0.06%
DE	C	0.27%	0.2%	0.2%
DELL	B	0.07%	0.07%	0.07%
DFS	B	0.05%	0.07%	0.05%
DGX	B	0.02%	0.03%	0.02%
DHI	D	0.57%	0.11%	0.11%
DHR	D	0.95%	0.33%	0.33%
DINO	F	0.02%	0.01%	0.01%
DKNG	D	0.03%	0.03%	0.03%
DKS	F	0.05%	0.02%	0.02%
DLR	B	0.09%	0.1%	0.09%
DOCU	A	0.03%	0.03%	0.03%
DOV	A	0.06%	0.05%	0.05%
DPZ	C	0.03%	0.03%	0.03%
DRI	B	0.04%	0.04%	0.04%
DT	B	0.03%	0.03%	0.03%
DUK	D	0.2%	0.18%	0.18%
DVA	D	0.01%	0.01%	0.01%
DVN	F	0.04%	0.05%	0.04%
DXCM	D	0.02%	0.05%	0.02%
EBAY	D	0.02%	0.06%	0.02%
EFX	D	0.16%	0.07%	0.07%
EG	F	0.03%	0.03%	0.03%
EIX	D	0.07%	0.06%	0.06%
ELV	F	0.12%	0.2%	0.12%
EMR	A	0.04%	0.12%	0.04%
ENPH	F	0.02%	0.02%	0.02%
ENTG	F	0.03%	0.03%	0.03%
EOG	F	0.13%	0.14%	0.13%
EPAM	F	0.03%	0.02%	0.02%
EQIX	B	0.14%	0.16%	0.14%
EQT	B	0.04%	0.04%	0.04%
ERIE	F	0.02%	0.02%	0.02%
ES	D	0.05%	0.04%	0.04%
ETN	B	0.1%	0.26%	0.1%
ETR	B	0.06%	0.05%	0.05%
EVRG	B	0.03%	0.03%	0.03%
EW	D	0.03%	0.08%	0.03%
EXAS	B	0.01%	0.02%	0.01%
EXC	D	0.09%	0.08%	0.08%
EXPD	D	0.04%	0.03%	0.03%
EXPE	A	0.04%	0.04%	0.04%
EXR	D	0.06%	0.07%	0.06%
F	F	0.11%	0.08%	0.08%
FANG	F	0.06%	0.07%	0.06%
FAST	A	0.27%	0.08%	0.08%
FBIN	B	0.05%	0.02%	0.02%
FCNCA	D	0.02%	0.05%	0.02%
FCX	B	0.15%	0.13%	0.13%
FDS	B	0.06%	0.03%	0.03%
FDX	D	0.15%	0.12%	0.12%
FE	D	0.05%	0.04%	0.04%
FI	A	0.01%	0.21%	0.01%
FICO	B	0.09%	0.09%	0.09%
FIS	B	0.01%	0.09%	0.01%
FITB	B	0.04%	0.06%	0.04%
FLUT	B	0.08%	0.08%	0.08%
FNF	D	0.01%	0.03%	0.01%
FSLR	D	0.04%	0.04%	0.04%
FTNT	C	0.1%	0.1%	0.1%
FTV	F	0.07%	0.05%	0.05%
GD	D	0.02%	0.15%	0.02%
GDDY	B	0.07%	0.04%	0.04%
GE	D	0.08%	0.4%	0.08%
GEHC	D	0.03%	0.08%	0.03%
GEN	B	0.03%	0.03%	0.03%
GEV	A	0.05%	0.14%	0.05%
GGG	C	0.03%	0.03%	0.03%
GILD	A	0.12%	0.21%	0.12%
GLPI	C	0.02%	0.03%	0.02%
GLW	B	0.05%	0.07%	0.05%
GM	A	0.16%	0.11%	0.11%
GOOG	B	2.44%	1.5%	1.5%
GOOGL	B	2.81%	1.81%	1.81%
GRMN	A	0.26%	0.05%	0.05%
GS	B	0.5%	0.32%	0.32%
GWW	A	0.29%	0.09%	0.09%
HAL	F	0.14%	0.05%	0.05%
HBAN	B	0.03%	0.04%	0.03%
HCA	D	0.09%	0.14%	0.09%
HD	B	1.63%	0.78%	0.78%
HEI	D	0.01%	0.05%	0.01%
HES	C	0.07%	0.07%	0.07%
HIG	D	0.07%	0.07%	0.07%
HII	F	0.0%	0.02%	0.0%
HLT	B	0.11%	0.11%	0.11%
HOLX	C	0.02%	0.04%	0.02%
HOOD	B	0.04%	0.04%	0.04%
HPE	B	0.06%	0.05%	0.05%
HPQ	B	0.08%	0.07%	0.07%
HSIC	F	0.01%	0.02%	0.01%
HST	C	0.1%	0.02%	0.02%
HUBB	B	0.01%	0.05%	0.01%
HUBS	B	0.06%	0.05%	0.05%
HUM	F	0.04%	0.06%	0.04%
HWM	B	0.01%	0.08%	0.01%
IBM	D	0.62%	0.41%	0.41%
ICE	C	0.3%	0.18%	0.18%
IDXX	F	0.03%	0.07%	0.03%
IEX	B	0.04%	0.03%	0.03%
ILMN	A	0.13%	0.04%	0.04%
INCY	A	0.01%	0.02%	0.01%
INTC	C	0.21%	0.18%	0.18%
INTU	D	0.33%	0.32%	0.32%
IP	A	0.01%	0.03%	0.01%
IQV	F	0.23%	0.08%	0.08%
IR	B	0.1%	0.08%	0.08%
IRM	B	0.06%	0.07%	0.06%
ISRG	A	0.13%	0.32%	0.13%
IT	B	0.12%	0.08%	0.08%
ITW	A	0.19%	0.13%	0.13%
J	D	0.08%	0.03%	0.03%
JBHT	B	0.11%	0.03%	0.03%
JBL	B	0.02%	0.03%	0.02%
JCI	B	0.23%	0.1%	0.1%
JNJ	D	0.26%	0.75%	0.26%
JPM	B	0.76%	1.21%	0.76%
KEY	B	0.02%	0.03%	0.02%
KEYS	C	0.03%	0.05%	0.03%
KKR	B	0.25%	0.18%	0.18%
KLAC	F	0.2%	0.17%	0.17%
KMI	A	0.09%	0.09%	0.09%
KMX	D	0.04%	0.02%	0.02%
KNX	B	0.06%	0.02%	0.02%
L	D	0.02%	0.03%	0.02%
LDOS	A	0.1%	0.04%	0.04%
LEN	D	0.45%	0.09%	0.09%
LH	B	0.03%	0.03%	0.03%
LHX	B	0.02%	0.09%	0.02%
LII	A	0.08%	0.04%	0.04%
LLY	F	0.47%	1.37%	0.47%
LMT	D	0.04%	0.24%	0.04%
LNG	A	0.07%	0.08%	0.07%
LNT	C	0.03%	0.03%	0.03%
LOW	B	0.63%	0.3%	0.3%
LPLA	B	0.06%	0.04%	0.04%
LRCX	F	0.22%	0.18%	0.18%
LVS	B	0.04%	0.03%	0.03%
MA	B	0.05%	0.8%	0.05%
MANH	D	0.03%	0.04%	0.03%
MAR	B	0.12%	0.12%	0.12%
MAS	C	0.08%	0.04%	0.04%
MCD	D	0.39%	0.43%	0.39%
MCHP	F	0.09%	0.08%	0.08%
MCK	D	0.09%	0.13%	0.09%
MCO	D	0.25%	0.14%	0.14%
MDB	F	0.06%	0.04%	0.04%
MDT	B	0.09%	0.22%	0.09%
MET	C	0.1%	0.1%	0.1%
META	B	3.64%	2.39%	2.39%
MGM	D	0.02%	0.02%	0.02%
MKL	D	0.04%	0.04%	0.04%
MKTX	B	0.03%	0.02%	0.02%
MLM	B	0.81%	0.07%	0.07%
MMC	D	0.22%	0.21%	0.21%
MO	A	0.06%	0.16%	0.06%
MOH	D	0.02%	0.03%	0.02%
MPC	F	0.09%	0.1%	0.09%
MPWR	F	0.1%	0.08%	0.08%
MRK	F	0.17%	0.53%	0.17%
MRNA	F	0.02%	0.04%	0.02%
MRO	C	0.02%	0.03%	0.02%
MRVL	A	0.16%	0.13%	0.13%
MS	B	0.44%	0.28%	0.28%
MSCI	B	0.14%	0.09%	0.09%
MSFT	D	5.86%	5.86%	5.86%
MSI	B	0.02%	0.15%	0.02%
MSTR	C	0.07%	0.06%	0.06%
MTB	B	0.04%	0.06%	0.04%
MTCH	C	0.02%	0.02%	0.02%
MTD	D	0.17%	0.05%	0.05%
MU	C	0.26%	0.24%	0.24%
NBIX	D	0.01%	0.02%	0.01%
NDAQ	A	0.11%	0.06%	0.06%
NDSN	D	0.03%	0.03%	0.03%
NEE	D	0.36%	0.33%	0.33%
NEM	D	0.13%	0.12%	0.12%
NET	C	0.08%	0.05%	0.05%
NOC	D	0.02%	0.14%	0.02%
NOW	A	0.37%	0.36%	0.36%
NRG	B	0.04%	0.03%	0.03%
NSC	B	0.42%	0.11%	0.11%
NTAP	D	0.05%	0.05%	0.05%
NTRS	B	0.08%	0.04%	0.04%
NVDA	B	7.67%	6.38%	6.38%
NVR	C	0.31%	0.06%	0.06%
NXPI	D	0.14%	0.11%	0.11%
OC	B	0.07%	0.03%	0.03%
ODFL	B	0.29%	0.07%	0.07%
OKE	A	0.1%	0.11%	0.1%
OKTA	F	0.04%	0.02%	0.02%
ON	D	0.06%	0.06%	0.06%
ORCL	B	0.56%	0.53%	0.53%
ORLY	B	0.28%	0.13%	0.13%
OTIS	B	0.11%	0.08%	0.08%
OVV	F	0.02%	0.02%	0.02%
OXY	F	0.06%	0.07%	0.06%
PANW	B	0.23%	0.23%	0.23%
PAYC	A	0.04%	0.02%	0.02%
PAYX	B	0.21%	0.09%	0.09%
PCAR	B	0.14%	0.11%	0.11%
PCG	B	0.08%	0.08%	0.08%
PFE	D	0.11%	0.31%	0.11%
PFG	D	0.05%	0.04%	0.04%
PGR	D	0.28%	0.28%	0.28%
PH	A	0.2%	0.16%	0.16%
PHM	D	0.3%	0.06%	0.06%
PINS	C	0.06%	0.04%	0.04%
PKG	A	0.01%	0.04%	0.01%
PLTR	A	0.18%	0.16%	0.16%
PM	A	0.14%	0.35%	0.14%
PNC	B	0.09%	0.14%	0.09%
PNR	A	0.04%	0.03%	0.03%
PODD	A	0.01%	0.03%	0.01%
PPL	B	0.04%	0.05%	0.04%
PRU	C	0.08%	0.09%	0.08%
PSA	D	0.08%	0.1%	0.08%
PSTG	D	0.04%	0.03%	0.03%
PSX	F	0.09%	0.11%	0.09%
PTC	B	0.04%	0.04%	0.04%
PYPL	B	0.01%	0.15%	0.01%
QCOM	F	0.42%	0.36%	0.36%
QRVO	F	0.02%	0.02%	0.02%
RCL	A	0.09%	0.09%	0.09%
REGN	F	0.12%	0.2%	0.12%
RF	B	0.03%	0.04%	0.03%
RIVN	F	0.02%	0.01%	0.01%
RJF	B	0.1%	0.05%	0.05%
RMD	B	0.03%	0.07%	0.03%
ROK	C	0.02%	0.06%	0.02%
ROL	D	0.01%	0.03%	0.01%
ROP	F	0.11%	0.11%	0.11%
ROST	D	0.2%	0.09%	0.09%
RPRX	D	0.01%	0.02%	0.01%
RSG	C	0.03%	0.08%	0.03%
RTX	C	0.06%	0.32%	0.06%
RVTY	C	0.08%	0.03%	0.03%
SBAC	D	0.04%	0.05%	0.04%
SBUX	B	0.21%	0.2%	0.2%
SCHW	B	0.32%	0.2%	0.2%
SEIC	A	0.01%	0.01%	0.01%
SLB	F	0.34%	0.12%	0.12%
SMCI	F	0.06%	0.05%	0.05%
SNA	A	0.04%	0.03%	0.03%
SNAP	C	0.03%	0.02%	0.02%
SNOW	C	0.11%	0.08%	0.08%
SNPS	C	0.15%	0.15%	0.15%
SO	C	0.22%	0.19%	0.19%
SOLV	B	0.01%	0.02%	0.01%
SPGI	D	0.48%	0.31%	0.31%
SSNC	D	0.07%	0.03%	0.03%
STE	D	0.01%	0.04%	0.01%
STT	A	0.05%	0.05%	0.05%
STX	D	0.04%	0.04%	0.04%
SW	A	0.02%	0.04%	0.02%
SWK	D	0.04%	0.03%	0.03%
SWKS	F	0.03%	0.03%	0.03%
SYF	A	0.04%	0.04%	0.04%
SYK	A	0.09%	0.23%	0.09%
TDG	B	0.03%	0.15%	0.03%
TDY	B	0.03%	0.04%	0.03%
TEAM	B	0.06%	0.06%	0.06%
TECH	C	0.06%	0.02%	0.02%
TER	F	0.04%	0.04%	0.04%
TFC	C	0.07%	0.11%	0.07%
TFX	F	0.01%	0.02%	0.01%
TJX	D	0.53%	0.25%	0.25%
TMO	D	1.23%	0.43%	0.43%
TMUS	B	2.64%	0.21%	0.21%
TPL	A	0.04%	0.04%	0.04%
TRGP	A	0.06%	0.07%	0.06%
TRMB	B	0.02%	0.03%	0.02%
TROW	B	0.04%	0.05%	0.04%
TRU	C	0.09%	0.04%	0.04%
TRV	B	0.11%	0.11%	0.11%
TSCO	D	0.12%	0.06%	0.06%
TSLA	B	2.02%	1.16%	1.16%
TT	B	0.39%	0.17%	0.17%
TTC	D	0.02%	0.02%	0.02%
TW	B	0.05%	0.03%	0.03%
TWLO	A	0.04%	0.02%	0.02%
TXN	B	0.42%	0.34%	0.34%
TXT	D	0.0%	0.03%	0.0%
TYL	B	0.04%	0.05%	0.04%
UBER	C	1.09%	0.32%	0.32%
UHAL	C	0.04%	0.01%	0.01%
UHS	D	0.01%	0.03%	0.01%
ULTA	D	0.07%	0.03%	0.03%
UNH	D	0.7%	0.99%	0.7%
UNP	D	1.05%	0.28%	0.28%
UPS	C	0.24%	0.19%	0.19%
URI	B	0.32%	0.11%	0.11%
USB	B	0.09%	0.15%	0.09%
UTHR	A	0.01%	0.03%	0.01%
V	A	0.05%	0.92%	0.05%
VICI	D	0.05%	0.07%	0.05%
VLO	F	0.07%	0.08%	0.07%
VLTO	D	0.02%	0.05%	0.02%
VMC	B	0.79%	0.06%	0.06%
VRSK	B	0.17%	0.07%	0.07%
VRSN	F	0.05%	0.03%	0.03%
VRT	B	0.02%	0.08%	0.02%
VRTX	A	0.14%	0.24%	0.14%
VST	C	0.08%	0.08%	0.08%
VTRS	B	0.01%	0.03%	0.01%
WAB	A	0.08%	0.06%	0.06%
WAT	A	0.11%	0.04%	0.04%
WDAY	D	0.1%	0.1%	0.1%
WDC	C	0.05%	0.04%	0.04%
WFC	B	0.27%	0.41%	0.27%
WM	B	0.06%	0.15%	0.06%
WMB	A	0.11%	0.12%	0.11%
WPC	F	0.08%	0.02%	0.02%
WRB	C	0.03%	0.03%	0.03%
WSM	D	0.07%	0.03%	0.03%
WSO	C	0.1%	0.03%	0.03%
WST	C	0.13%	0.04%	0.04%
WTRG	B	0.23%	0.02%	0.02%
WTW	A	0.05%	0.06%	0.05%
WY	D	0.04%	0.05%	0.04%
WYNN	D	0.02%	0.02%	0.02%
XEL	B	0.08%	0.07%	0.07%
XOM	B	0.93%	1.01%	0.93%
XYL	F	0.08%	0.06%	0.06%
YUM	C	0.07%	0.07%	0.07%
Z	C	0.21%	0.02%	0.02%
ZBH	D	0.02%	0.04%	0.02%
ZBRA	B	0.02%	0.04%	0.02%
ZM	A	0.03%	0.04%	0.03%
ZS	C	0.03%	0.03%	0.03%
ZTS	F	0.05%	0.16%	0.05%

INRO Overweight 4 Positions Relative to SCHX

Symbol	Grade	Weight
MELI	C	0.07%
WCN	D	0.03%
H	F	0.02%
IOT	B	0.02%

INRO Underweight 286 Positions Relative to SCHX

Symbol	Grade	Weight
PG	D	-0.77%
COST	C	-0.74%
WMT	A	-0.66%
NFLX	A	-0.56%
KO	D	-0.51%
PEP	F	-0.45%
LIN	D	-0.44%
VZ	D	-0.35%
DIS	C	-0.33%
CMCSA	B	-0.31%
T	B	-0.3%
HON	B	-0.27%
PLD	F	-0.22%
NKE	F	-0.19%
MDLZ	F	-0.18%
SHW	C	-0.17%
CL	D	-0.16%
TGT	D	-0.14%
APD	B	-0.14%
MMM	D	-0.14%
WELL	B	-0.14%
ECL	D	-0.12%
O	D	-0.11%
TTD	B	-0.1%
SPG	A	-0.1%
SRE	C	-0.1%
PWR	A	-0.09%
KMB	D	-0.09%
D	B	-0.09%
CTVA	A	-0.08%
SQ	C	-0.08%
KVUE	A	-0.08%
PEG	C	-0.08%
EA	A	-0.07%
DAL	A	-0.07%
DD	C	-0.07%
ED	D	-0.07%
SYY	C	-0.07%
DOW	F	-0.07%
NUE	F	-0.07%
KR	A	-0.07%
STZ	F	-0.07%
MNST	B	-0.07%
KDP	F	-0.07%
GIS	D	-0.07%
PPG	F	-0.06%
WEC	B	-0.06%
CHTR	B	-0.06%
KHC	F	-0.06%
AVB	B	-0.06%
VEEV	C	-0.06%
LULU	C	-0.06%
UAL	A	-0.05%
DECK	B	-0.05%
CPAY	B	-0.05%
TTWO	B	-0.05%
EQR	D	-0.05%
CHD	C	-0.05%
GPN	D	-0.05%
DTE	D	-0.05%
IFF	D	-0.05%
VTR	B	-0.05%
HSY	F	-0.05%
ADM	F	-0.05%
APTV	F	-0.04%
ESS	D	-0.04%
ARE	D	-0.04%
STLD	B	-0.04%
INVH	F	-0.04%
CNP	B	-0.04%
GPC	F	-0.04%
MKC	D	-0.04%
CLX	C	-0.04%
OMC	B	-0.04%
RBLX	B	-0.04%
EL	F	-0.04%
EME	A	-0.04%
CMS	C	-0.04%
K	A	-0.04%
CVNA	B	-0.04%
ATO	B	-0.04%
AEE	A	-0.04%
LYB	F	-0.04%
UDR	D	-0.03%
XPO	A	-0.03%
BG	F	-0.03%
JKHY	A	-0.03%
DLTR	F	-0.03%
FLEX	A	-0.03%
CW	B	-0.03%
POOL	B	-0.03%
CASY	A	-0.03%
ACM	A	-0.03%
RGA	D	-0.03%
EQH	B	-0.03%
CAG	D	-0.03%
FOXA	B	-0.03%
CE	F	-0.03%
RNR	B	-0.03%
RBA	A	-0.03%
FIX	B	-0.03%
NTRA	C	-0.03%
USFD	A	-0.03%
THC	C	-0.03%
CF	B	-0.03%
GWRE	B	-0.03%
NI	A	-0.03%
DOC	A	-0.03%
COHR	B	-0.03%
NTNX	B	-0.03%
TOL	C	-0.03%
SUI	D	-0.03%
IBKR	A	-0.03%
RS	C	-0.03%
KIM	A	-0.03%
TSN	D	-0.03%
RPM	B	-0.03%
WBD	D	-0.03%
MAA	D	-0.03%
LYV	A	-0.03%
LUV	B	-0.03%
DG	F	-0.03%
BWA	D	-0.02%
CFR	B	-0.02%
AR	F	-0.02%
BERY	C	-0.02%
WCC	B	-0.02%
AXTA	A	-0.02%
IVZ	B	-0.02%
AGNC	D	-0.02%
APG	C	-0.02%
CMA	B	-0.02%
MOS	C	-0.02%
OGE	A	-0.02%
VOYA	C	-0.02%
GME	C	-0.02%
MHK	D	-0.02%
LAD	A	-0.02%
FRT	C	-0.02%
AAL	C	-0.02%
LNW	D	-0.02%
TKO	D	-0.02%
ORI	C	-0.02%
TPX	D	-0.02%
WEX	F	-0.02%
MEDP	F	-0.02%
CNM	C	-0.02%
EGP	F	-0.02%
PR	D	-0.02%
NNN	D	-0.02%
DCI	B	-0.02%
MUSA	D	-0.02%
HRL	D	-0.02%
CHE	F	-0.02%
OLED	F	-0.02%
KBR	B	-0.02%
MORN	B	-0.02%
HAS	D	-0.02%
FHN	B	-0.02%
WBS	B	-0.02%
AYI	A	-0.02%
CPB	D	-0.02%
SNX	B	-0.02%
CIEN	B	-0.02%
GL	C	-0.02%
RGLD	B	-0.02%
EHC	A	-0.02%
ROKU	D	-0.02%
WWD	C	-0.02%
REXR	F	-0.02%
TAP	C	-0.02%
PNW	D	-0.02%
CZR	D	-0.02%
LBRDK	A	-0.02%
LW	C	-0.02%
GNRC	A	-0.02%
WAL	C	-0.02%
LKQ	F	-0.02%
ARMK	B	-0.02%
AA	B	-0.02%
ONTO	F	-0.02%
CHDN	C	-0.02%
TPR	B	-0.02%
OHI	B	-0.02%
KNSL	F	-0.02%
SOFI	A	-0.02%
NCLH	B	-0.02%
WING	F	-0.02%
SCI	A	-0.02%
JEF	B	-0.02%
WMS	D	-0.02%
UNM	A	-0.02%
ALB	C	-0.02%
ATR	A	-0.02%
LECO	C	-0.02%
CUBE	D	-0.02%
BJ	B	-0.02%
FTI	B	-0.02%
RRX	B	-0.02%
FND	D	-0.02%
REG	B	-0.02%
SFM	A	-0.02%
CACI	A	-0.02%
SAIA	B	-0.02%
SRPT	D	-0.02%
TOST	B	-0.02%
AMH	F	-0.02%
IPG	F	-0.02%
LAMR	B	-0.02%
OWL	B	-0.02%
BLD	D	-0.02%
ITT	B	-0.02%
TXRH	B	-0.02%
FFIV	B	-0.02%
NVT	C	-0.02%
JLL	A	-0.02%
INSM	D	-0.02%
CPT	D	-0.02%
EMN	D	-0.02%
JNPR	A	-0.02%
EWBC	B	-0.02%
SJM	D	-0.02%
PFGC	A	-0.02%
NWSA	B	-0.02%
TTEK	A	-0.02%
CLH	C	-0.02%
ELS	D	-0.02%
COTY	F	-0.01%
PAG	D	-0.01%
WLK	F	-0.01%
PSN	A	-0.01%
CELH	F	-0.01%
ROIV	D	-0.01%
POST	D	-0.01%
ST	F	-0.01%
PATH	D	-0.01%
ETSY	D	-0.01%
LEA	F	-0.01%
DAR	C	-0.01%
SIRI	D	-0.01%
U	C	-0.01%
NOV	F	-0.01%
AGCO	D	-0.01%
G	C	-0.01%
CLF	D	-0.01%
MASI	A	-0.01%
ELAN	F	-0.01%
PARA	C	-0.01%
MTN	F	-0.01%
STWD	D	-0.01%
VFC	B	-0.01%
BRKR	F	-0.01%
WH	B	-0.01%
PCOR	C	-0.01%
ALV	D	-0.01%
WSC	F	-0.01%
CGNX	C	-0.01%
GNTX	C	-0.01%
RHI	B	-0.01%
TREX	C	-0.01%
COLD	D	-0.01%
LSCC	D	-0.01%
ESTC	C	-0.01%
JAZZ	C	-0.01%
CBSH	B	-0.01%
ARW	F	-0.01%
RRC	C	-0.01%
RGEN	D	-0.01%
MIDD	D	-0.01%
PCTY	A	-0.01%
ACI	F	-0.01%
ZION	B	-0.01%
COKE	D	-0.01%
WBA	C	-0.01%
CRBG	B	-0.01%
FMC	B	-0.01%
PEN	B	-0.01%
UI	B	-0.0%
CNA	D	-0.0%
REYN	F	-0.0%
PPC	A	-0.0%
ADTN	C	-0.0%
RCM	B	-0.0%
LCID	F	-0.0%
AGR	D	-0.0%
BOKF	B	-0.0%