INRO vs. VONE ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to Vanguard Russell 1000 ETF (VONE)

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

VONE

Vanguard Russell 1000 ETF

VONE Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000® Index. The index is designed to measure the performance of large-capitalization stocks in the United States. The fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$272.04

Average Daily Volume

57,733

Number of Holdings ^*

980

* may have additional holdings in another (foreign) market

Performance

Period	INRO	VONE
30 Days	5.09%	3.73%
60 Days	6.25%	5.23%
90 Days	7.10%	7.15%
12 Months		33.49%

426 Overlapping Holdings

	Symbol	Grade	Weight in INRO	Weight in VONE	Overlap
	A	D	0.05%	0.07%	0.05%
	AAPL	C	5.76%	6.26%	5.76%
	ABBV	D	0.39%	0.69%	0.39%
	ACGL	D	0.05%	0.07%	0.05%
	ACI	C	0.01%	0.01%	0.01%
	ACM	A	0.11%	0.03%	0.03%
	ACN	C	0.07%	0.41%	0.07%
	ADBE	C	0.32%	0.4%	0.32%
	ADI	D	0.22%	0.21%	0.21%
	ADP	B	0.29%	0.23%	0.23%
	ADSK	A	0.09%	0.12%	0.09%
	AEP	D	0.32%	0.1%	0.1%
	AES	F	0.03%	0.02%	0.02%
	AFG	A	0.02%	0.02%	0.02%
	AFL	B	0.09%	0.11%	0.09%
	AIG	B	0.09%	0.09%	0.09%
	AIZ	A	0.02%	0.02%	0.02%
	AJG	B	0.1%	0.12%	0.1%
	ALL	A	0.08%	0.09%	0.08%
	ALLE	D	0.08%	0.02%	0.02%
	ALLY	C	0.02%	0.02%	0.02%
	ALNY	D	0.04%	0.06%	0.04%
	AMAT	F	0.3%	0.29%	0.29%
	AMCR	D	0.07%	0.03%	0.03%
	AMD	F	0.47%	0.44%	0.44%
	AME	A	0.15%	0.08%	0.08%
	AMGN	D	0.2%	0.33%	0.2%
	AMP	A	0.19%	0.1%	0.1%
	AMT	D	0.11%	0.19%	0.11%
	AMZN	C	1.47%	3.3%	1.47%
	ANSS	B	0.05%	0.05%	0.05%
	AON	A	0.11%	0.14%	0.11%
	AOS	F	0.06%	0.02%	0.02%
	APA	D	0.01%	0.02%	0.01%
	APD	A	0.01%	0.13%	0.01%
	APH	A	0.19%	0.15%	0.15%
	APO	B	0.01%	0.14%	0.01%
	APP	B	0.1%	0.08%	0.08%
	ARE	D	0.04%	0.04%	0.04%
	ARES	A	0.12%	0.06%	0.06%
	ATO	A	0.05%	0.04%	0.04%
	AVB	B	0.01%	0.06%	0.01%
	AVGO	D	1.54%	1.47%	1.47%
	AVTR	F	0.02%	0.03%	0.02%
	AVY	D	0.07%	0.03%	0.03%
	AXON	A	0.02%	0.06%	0.02%
	AXP	A	1.14%	0.29%	0.29%
	AZO	C	0.15%	0.1%	0.1%
	BA	F	0.04%	0.2%	0.04%
	BAC	A	0.81%	0.54%	0.54%
	BAH	F	0.04%	0.04%	0.04%
	BALL	D	0.08%	0.03%	0.03%
	BBWI	D	0.02%	0.01%	0.01%
	BBY	D	0.05%	0.04%	0.04%
	BEN	C	0.03%	0.01%	0.01%
	BIIB	F	0.03%	0.05%	0.03%
	BIO	D	0.01%	0.01%	0.01%
	BK	A	0.11%	0.11%	0.11%
	BKR	B	0.07%	0.07%	0.07%
	BLDR	D	0.15%	0.04%	0.04%
	BMRN	D	0.02%	0.02%	0.02%
	BMY	B	0.11%	0.22%	0.11%
	BR	A	0.08%	0.05%	0.05%
	BRK.A	B	0.06%	1.57%	0.06%
	BRO	B	0.04%	0.05%	0.04%
	BSY	D	0.01%	0.01%	0.01%
	BURL	A	0.05%	0.03%	0.03%
	BX	A	0.45%	0.23%	0.23%
	BXP	D	1.35%	0.02%	0.02%
	C	A	0.34%	0.23%	0.23%
	CARR	D	0.42%	0.12%	0.12%
	CAT	B	0.35%	0.35%	0.35%
	CB	C	0.17%	0.22%	0.17%
	CBOE	B	0.04%	0.04%	0.04%
	CBRE	B	0.87%	0.08%	0.08%
	CCI	D	0.06%	0.09%	0.06%
	CCK	C	0.05%	0.02%	0.02%
	CDNS	B	0.12%	0.14%	0.12%
	CDW	F	0.05%	0.05%	0.05%
	CEG	D	0.45%	0.16%	0.16%
	CFG	B	0.06%	0.04%	0.04%
	CG	A	0.05%	0.02%	0.02%
	CHRD	D	0.01%	0.01%	0.01%
	CHRW	C	0.0%	0.02%	0.0%
	CINF	A	0.04%	0.04%	0.04%
	CME	A	0.3%	0.15%	0.15%
	CMI	A	0.1%	0.09%	0.09%
	CNH	C	0.02%	0.02%	0.02%
	COF	B	0.48%	0.12%	0.12%
	COIN	C	0.2%	0.07%	0.07%
	COP	C	0.24%	0.24%	0.24%
	COST	B	0.47%	0.74%	0.47%
	CPRT	A	0.21%	0.09%	0.09%
	CPT	B	0.01%	0.02%	0.01%
	CRL	C	0.01%	0.02%	0.01%
	CRM	B	0.45%	0.52%	0.45%
	CRWD	B	0.12%	0.13%	0.12%
	CSGP	D	0.63%	0.06%	0.06%
	CSL	C	0.14%	0.04%	0.04%
	CSX	B	0.25%	0.13%	0.13%
	CTAS	B	0.34%	0.14%	0.14%
	CTLT	B	0.01%	0.02%	0.01%
	CTRA	B	0.03%	0.03%	0.03%
	CTSH	B	0.01%	0.07%	0.01%
	CTVA	C	0.01%	0.08%	0.01%
	CVX	A	0.5%	0.49%	0.49%
	DAL	C	0.03%	0.07%	0.03%
	DAY	B	0.03%	0.02%	0.02%
	DD	D	0.01%	0.07%	0.01%
	DDOG	A	0.06%	0.07%	0.06%
	DE	A	0.2%	0.19%	0.19%
	DELL	C	0.07%	0.06%	0.06%
	DFS	B	0.29%	0.07%	0.07%
	DG	F	0.02%	0.03%	0.02%
	DHI	D	0.33%	0.1%	0.1%
	DHR	F	0.19%	0.3%	0.19%
	DINO	D	0.02%	0.01%	0.01%
	DKS	C	0.03%	0.02%	0.02%
	DLR	B	0.07%	0.11%	0.07%
	DLTR	F	0.01%	0.03%	0.01%
	DOC	D	0.03%	0.03%	0.03%
	DOCU	A	0.02%	0.03%	0.02%
	DOV	A	0.05%	0.05%	0.05%
	DOW	F	0.01%	0.07%	0.01%
	DT	C	0.03%	0.03%	0.03%
	DUK	C	0.54%	0.17%	0.17%
	DVN	F	0.04%	0.05%	0.04%
	EBAY	D	0.02%	0.06%	0.02%
	ECL	D	0.0%	0.12%	0.0%
	EFX	F	0.08%	0.06%	0.06%
	EG	C	0.03%	0.03%	0.03%
	EIX	B	0.21%	0.06%	0.06%
	EME	C	0.19%	0.04%	0.04%
	EMR	A	0.24%	0.12%	0.12%
	ENPH	F	0.02%	0.02%	0.02%
	ENTG	D	0.03%	0.03%	0.03%
	EOG	A	0.15%	0.13%	0.13%
	EPAM	C	0.01%	0.02%	0.01%
	EQIX	A	0.1%	0.16%	0.1%
	EQR	B	0.01%	0.05%	0.01%
	EQT	B	0.04%	0.04%	0.04%
	ES	D	0.14%	0.04%	0.04%
	ESS	B	0.01%	0.03%	0.01%
	ETN	A	0.48%	0.25%	0.25%
	ETR	B	0.2%	0.06%	0.06%
	EVRG	A	0.11%	0.03%	0.03%
	EXAS	D	0.01%	0.02%	0.01%
	EXC	C	0.25%	0.07%	0.07%
	EXPD	D	0.0%	0.03%	0.0%
	EXR	D	0.04%	0.07%	0.04%
	F	C	0.06%	0.08%	0.06%
	FANG	D	0.06%	0.06%	0.06%
	FAST	B	0.4%	0.09%	0.09%
	FBIN	D	0.06%	0.02%	0.02%
	FCNCA	A	0.05%	0.04%	0.04%
	FCX	D	0.12%	0.12%	0.12%
	FDS	B	0.08%	0.03%	0.03%
	FDX	B	0.02%	0.12%	0.02%
	FE	C	0.15%	0.05%	0.05%
	FI	A	0.01%	0.22%	0.01%
	FICO	B	0.08%	0.09%	0.08%
	FIS	C	0.01%	0.1%	0.01%
	FITB	A	0.08%	0.06%	0.06%
	FNF	B	0.0%	0.03%	0.0%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	C	0.08%	0.09%	0.08%
	FTV	C	0.05%	0.05%	0.05%
	GD	F	0.03%	0.15%	0.03%
	GDDY	A	0.01%	0.04%	0.01%
	GE	D	0.08%	0.36%	0.08%
	GEN	B	0.02%	0.03%	0.02%
	GEV	B	0.31%	0.16%	0.16%
	GGG	B	0.03%	0.03%	0.03%
	GILD	C	0.14%	0.21%	0.14%
	GLPI	C	0.02%	0.02%	0.02%
	GLW	B	0.09%	0.07%	0.07%
	GM	B	0.09%	0.11%	0.09%
	GOOG	C	2.72%	1.62%	1.62%
	GOOGL	C	3.13%	1.92%	1.92%
	GRMN	B	0.22%	0.06%	0.06%
	GS	A	0.64%	0.31%	0.31%
	GWW	B	0.44%	0.09%	0.09%
	HAL	C	0.04%	0.05%	0.04%
	HBAN	A	0.07%	0.04%	0.04%
	HD	A	1.17%	0.74%	0.74%
	HEI	B	0.01%	0.02%	0.01%
	HEI	B	0.01%	0.03%	0.01%
	HEI	B	0.0%	0.02%	0.0%
	HEI	B	0.0%	0.03%	0.0%
	HES	B	0.07%	0.07%	0.07%
	HIG	B	0.05%	0.06%	0.05%
	HII	D	0.0%	0.01%	0.0%
	HON	B	1.6%	0.26%	0.26%
	HOOD	B	0.06%	0.03%	0.03%
	HPE	B	0.05%	0.05%	0.05%
	HPQ	B	0.06%	0.07%	0.06%
	HUBB	B	0.08%	0.04%	0.04%
	HUBS	A	0.05%	0.05%	0.05%
	HWM	A	0.02%	0.08%	0.02%
	IBM	C	0.06%	0.36%	0.06%
	ICE	C	0.33%	0.17%	0.17%
	IEX	B	0.03%	0.03%	0.03%
	ILMN	D	0.03%	0.04%	0.03%
	INCY	C	0.02%	0.02%	0.02%
	INTC	D	0.22%	0.17%	0.17%
	INTU	C	0.26%	0.32%	0.26%
	INVH	D	0.01%	0.04%	0.01%
	IP	B	0.09%	0.04%	0.04%
	IQV	D	0.05%	0.07%	0.05%
	IR	B	0.08%	0.07%	0.07%
	IRM	D	0.04%	0.07%	0.04%
	IT	C	0.02%	0.07%	0.02%
	ITW	B	0.15%	0.15%	0.15%
	J	F	0.04%	0.03%	0.03%
	JBHT	C	0.06%	0.03%	0.03%
	JBL	B	0.03%	0.03%	0.03%
	JCI	C	0.39%	0.1%	0.1%
	JNJ	D	0.37%	0.74%	0.37%
	JPM	A	1.74%	1.21%	1.21%
	KEY	B	0.05%	0.03%	0.03%
	KEYS	A	0.06%	0.05%	0.05%
	KKR	A	0.31%	0.18%	0.18%
	KLAC	D	0.17%	0.17%	0.17%
	KMI	A	0.1%	0.09%	0.09%
	KMX	B	0.03%	0.02%	0.02%
	KNX	B	0.03%	0.02%	0.02%
	KR	B	0.05%	0.07%	0.05%
	L	A	0.03%	0.03%	0.03%
	LDOS	C	0.05%	0.05%	0.05%
	LEN	D	0.28%	0.08%	0.08%
	LEN	D	0.28%	0.0%	0.0%
	LHX	C	0.02%	0.09%	0.02%
	LII	A	0.14%	0.04%	0.04%
	LIN	D	0.03%	0.42%	0.03%
	LLY	F	0.57%	1.27%	0.57%
	LMT	D	0.05%	0.22%	0.05%
	LNG	B	0.09%	0.08%	0.08%
	LNT	A	0.11%	0.03%	0.03%
	LOW	D	0.43%	0.29%	0.29%
	LPLA	A	0.08%	0.04%	0.04%
	LRCX	F	0.19%	0.18%	0.18%
	LUV	C	0.02%	0.03%	0.02%
	LYB	F	0.0%	0.04%	0.0%
	MA	C	0.04%	0.79%	0.04%
	MAA	B	0.01%	0.03%	0.01%
	MANH	D	0.03%	0.03%	0.03%
	MAS	D	0.12%	0.03%	0.03%
	MCHP	D	0.08%	0.07%	0.07%
	MCO	B	0.28%	0.14%	0.14%
	MDB	C	0.01%	0.04%	0.01%
	MET	A	0.08%	0.09%	0.08%
	META	D	3.68%	2.37%	2.37%
	MKL	A	0.04%	0.04%	0.04%
	MKTX	D	0.04%	0.02%	0.02%
	MLM	B	0.57%	0.07%	0.07%
	MMC	B	0.16%	0.21%	0.16%
	MMM	D	0.76%	0.14%	0.14%
	MO	A	0.41%	0.18%	0.18%
	MPC	D	0.1%	0.1%	0.1%
	MPWR	F	0.06%	0.07%	0.06%
	MRK	F	0.24%	0.49%	0.24%
	MRNA	F	0.02%	0.03%	0.02%
	MRO	B	0.03%	0.03%	0.03%
	MRVL	B	0.16%	0.13%	0.13%
	MS	A	0.55%	0.26%	0.26%
	MSCI	C	0.16%	0.08%	0.08%
	MSFT	F	4.24%	5.76%	4.24%
	MSTR	C	0.1%	0.07%	0.07%
	MTB	A	0.09%	0.06%	0.06%
	MTCH	D	0.02%	0.02%	0.02%
	MTD	D	0.03%	0.05%	0.03%
	MU	D	0.23%	0.21%	0.21%
	NBIX	C	0.02%	0.02%	0.02%
	NDAQ	A	0.14%	0.06%	0.06%
	NDSN	B	0.03%	0.03%	0.03%
	NEE	D	0.97%	0.31%	0.31%
	NEM	D	0.11%	0.1%	0.1%
	NET	B	0.01%	0.05%	0.01%
	NOC	D	0.03%	0.13%	0.03%
	NOW	A	0.3%	0.37%	0.3%
	NRG	B	0.12%	0.04%	0.04%
	NSC	B	0.22%	0.11%	0.11%
	NTAP	C	0.04%	0.05%	0.04%
	NTRS	A	0.1%	0.04%	0.04%
	NUE	C	0.01%	0.06%	0.01%
	NVDA	C	7.62%	5.92%	5.92%
	NVR	D	0.21%	0.05%	0.05%
	OC	A	0.12%	0.03%	0.03%
	ODFL	B	0.16%	0.08%	0.08%
	OKE	A	0.12%	0.11%	0.11%
	ON	D	0.06%	0.06%	0.06%
	ORCL	B	0.45%	0.5%	0.45%
	ORLY	B	0.21%	0.13%	0.13%
	OTIS	C	0.08%	0.08%	0.08%
	OVV	B	0.02%	0.02%	0.02%
	OXY	D	0.06%	0.06%	0.06%
	PANW	C	0.18%	0.21%	0.18%
	PAYC	B	0.03%	0.02%	0.02%
	PAYX	C	0.11%	0.09%	0.09%
	PCAR	B	0.11%	0.1%	0.1%
	PCG	A	0.26%	0.08%	0.08%
	PFE	D	0.14%	0.31%	0.14%
	PFG	D	0.04%	0.04%	0.04%
	PGR	A	0.23%	0.27%	0.23%
	PH	A	0.17%	0.15%	0.15%
	PHM	D	0.18%	0.05%	0.05%
	PINS	D	0.05%	0.04%	0.04%
	PKG	A	0.1%	0.04%	0.04%
	PLTR	B	0.18%	0.16%	0.16%
	PM	B	0.87%	0.39%	0.39%
	PNC	B	0.21%	0.14%	0.14%
	PNR	A	0.04%	0.03%	0.03%
	PPL	B	0.05%	0.05%	0.05%
	PRU	A	0.07%	0.08%	0.07%
	PSA	D	0.07%	0.1%	0.07%
	PSTG	D	0.03%	0.03%	0.03%
	PSX	C	0.1%	0.1%	0.1%
	PTC	A	0.04%	0.04%	0.04%
	PWR	A	0.37%	0.08%	0.08%
	PYPL	B	0.01%	0.15%	0.01%
	QCOM	F	0.39%	0.35%	0.35%
	QRVO	F	0.01%	0.01%	0.01%
	REGN	F	0.11%	0.17%	0.11%
	RF	A	0.07%	0.04%	0.04%
	RIVN	F	0.01%	0.02%	0.01%
	RJF	A	0.13%	0.05%	0.05%
	ROK	B	0.1%	0.06%	0.06%
	ROL	B	0.06%	0.03%	0.03%
	ROP	B	0.09%	0.11%	0.09%
	ROST	C	0.14%	0.09%	0.09%
	RPRX	D	0.01%	0.02%	0.01%
	RS	B	0.01%	0.03%	0.01%
	RSG	A	0.2%	0.08%	0.08%
	RTX	C	0.06%	0.31%	0.06%
	RVTY	F	0.02%	0.03%	0.02%
	SBAC	D	0.03%	0.05%	0.03%
	SCHW	B	0.41%	0.2%	0.2%
	SEIC	B	0.02%	0.01%	0.01%
	SHW	A	0.01%	0.16%	0.01%
	SLB	C	0.09%	0.11%	0.09%
	SMCI	F	0.03%	0.03%	0.03%
	SNA	A	0.04%	0.03%	0.03%
	SNOW	C	0.01%	0.07%	0.01%
	SNPS	B	0.12%	0.15%	0.12%
	SO	D	0.6%	0.19%	0.19%
	SPGI	C	0.55%	0.29%	0.29%
	SSNC	B	0.03%	0.03%	0.03%
	STLD	B	0.01%	0.04%	0.01%
	STT	A	0.05%	0.05%	0.05%
	SUI	D	0.01%	0.03%	0.01%
	SW	A	0.13%	0.05%	0.05%
	SWK	D	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.03%	0.03%
	SYF	B	0.18%	0.04%	0.04%
	SYY	B	0.04%	0.07%	0.04%
	TDG	D	0.03%	0.13%	0.03%
	TDY	B	0.04%	0.04%	0.04%
	TEAM	A	0.06%	0.06%	0.06%
	TECH	D	0.01%	0.02%	0.01%
	TER	D	0.03%	0.03%	0.03%
	TFC	A	0.17%	0.11%	0.11%
	TGT	F	0.08%	0.13%	0.08%
	TJX	A	0.39%	0.24%	0.24%
	TMO	F	0.24%	0.4%	0.24%
	TMUS	B	4.56%	0.21%	0.21%
	TPL	A	0.05%	0.04%	0.04%
	TRGP	B	0.08%	0.07%	0.07%
	TRMB	B	0.04%	0.03%	0.03%
	TROW	B	0.05%	0.05%	0.05%
	TRU	D	0.04%	0.04%	0.04%
	TRV	B	0.09%	0.11%	0.09%
	TSCO	D	0.09%	0.05%	0.05%
	TSLA	B	1.32%	1.32%	1.32%
	TT	A	0.65%	0.16%	0.16%
	TTC	D	0.02%	0.02%	0.02%
	TW	A	0.06%	0.03%	0.03%
	TWLO	A	0.01%	0.03%	0.01%
	TXN	C	0.39%	0.35%	0.35%
	TXT	D	0.01%	0.03%	0.01%
	TYL	B	0.04%	0.05%	0.04%
	UBER	D	0.49%	0.28%	0.28%
	UHAL	D	0.02%	0.0%	0.0%
	UHAL	D	0.02%	0.01%	0.01%
	ULTA	F	0.05%	0.03%	0.03%
	UNH	C	0.01%	0.99%	0.01%
	UNP	C	0.54%	0.27%	0.27%
	UPS	C	0.04%	0.19%	0.04%
	URI	B	0.47%	0.1%	0.1%
	USB	A	0.2%	0.14%	0.14%
	UTHR	C	0.02%	0.03%	0.02%
	V	A	0.04%	0.87%	0.04%
	VICI	C	0.05%	0.06%	0.05%
	VLO	C	0.08%	0.08%	0.08%
	VLTO	D	0.11%	0.05%	0.05%
	VMC	B	0.59%	0.07%	0.07%
	VRSK	A	0.09%	0.07%	0.07%
	VRSN	F	0.01%	0.03%	0.01%
	VRT	B	0.16%	0.07%	0.07%
	VRTX	F	0.15%	0.23%	0.15%
	VST	B	0.19%	0.08%	0.08%
	VTR	C	0.06%	0.05%	0.05%
	VTRS	A	0.01%	0.03%	0.01%
	WAB	B	0.07%	0.06%	0.06%
	WAT	B	0.03%	0.04%	0.03%
	WBA	F	0.0%	0.01%	0.0%
	WDAY	B	0.08%	0.09%	0.08%
	WDC	D	0.04%	0.04%	0.04%
	WELL	A	0.18%	0.16%	0.16%
	WFC	A	0.64%	0.43%	0.43%
	WM	A	0.37%	0.16%	0.16%
	WMB	A	0.13%	0.12%	0.12%
	WMT	A	0.45%	0.68%	0.45%
	WRB	A	0.03%	0.03%	0.03%
	WSM	B	0.05%	0.03%	0.03%
	WSO	A	0.16%	0.03%	0.03%
	WST	C	0.03%	0.04%	0.03%
	WTW	B	0.05%	0.06%	0.05%
	WY	D	0.03%	0.04%	0.03%
	XEL	A	0.24%	0.07%	0.07%
	XOM	B	0.95%	1.0%	0.95%
	XYL	D	0.06%	0.06%	0.06%
	Z	A	0.25%	0.02%	0.02%
	ZBRA	B	0.04%	0.04%	0.04%
	ZM	B	0.03%	0.04%	0.03%
	ZS	C	0.03%	0.03%	0.03%
	ZTS	D	0.08%	0.16%	0.08%

INRO Overweight 7 Positions Relative to VONE

	Symbol	Grade	Weight
	WCN	A	0.21%
	NXPI	D	0.12%
	MELI	D	0.07%
	SNAP	C	0.03%
	STX	D	0.03%
	ERIE	D	0.02%
	IOT	A	0.02%

INRO Underweight 556 Positions Relative to VONE

	Symbol	Grade	Weight
	PG	A	-0.74%
	NFLX	A	-0.62%
	KO	D	-0.48%
	PEP	F	-0.44%
	CSCO	B	-0.42%
	MCD	D	-0.4%
	ABT	B	-0.37%
	DIS	B	-0.34%
	VZ	C	-0.34%
	ISRG	A	-0.34%
	CMCSA	B	-0.32%
	T	A	-0.31%
	BKNG	A	-0.3%
	BLK	C	-0.28%
	SYK	C	-0.25%
	BSX	B	-0.24%
	MDT	D	-0.22%
	SBUX	A	-0.21%
	PLD	D	-0.2%
	ANET	C	-0.19%
	MDLZ	F	-0.18%
	NKE	D	-0.18%
	ELV	F	-0.18%
	CI	F	-0.17%
	CL	D	-0.15%
	CVS	D	-0.14%
	MSI	B	-0.14%
	CMG	B	-0.14%
	BDX	F	-0.13%
	HCA	F	-0.13%
	MCK	B	-0.12%
	SPOT	B	-0.11%
	HLT	A	-0.11%
	ABNB	C	-0.11%
	MAR	B	-0.11%
	D	C	-0.1%
	O	D	-0.1%
	SRE	A	-0.1%
	TTD	B	-0.1%
	DASH	A	-0.1%
	SPG	B	-0.1%
	KMB	D	-0.09%
	NU	C	-0.09%
	RCL	A	-0.09%
	EW	C	-0.08%
	SQ	B	-0.08%
	EA	A	-0.08%
	KVUE	A	-0.08%
	PEG	A	-0.08%
	RMD	C	-0.07%
	ED	D	-0.07%
	LULU	C	-0.07%
	STZ	D	-0.07%
	KDP	D	-0.07%
	YUM	B	-0.07%
	COR	B	-0.07%
	GIS	D	-0.07%
	MNST	C	-0.07%
	GEHC	F	-0.07%
	PPG	F	-0.06%
	KHC	F	-0.06%
	CPNG	D	-0.06%
	WEC	A	-0.06%
	CHTR	C	-0.06%
	VEEV	C	-0.06%
	HUM	C	-0.06%
	CNC	D	-0.06%
	IDXX	F	-0.06%
	CHD	B	-0.05%
	DECK	A	-0.05%
	IFF	D	-0.05%
	UAL	A	-0.05%
	DTE	C	-0.05%
	HSY	F	-0.05%
	ADM	D	-0.05%
	GPN	B	-0.05%
	RBLX	C	-0.05%
	CAH	B	-0.05%
	CVNA	B	-0.05%
	AWK	D	-0.05%
	TTWO	A	-0.05%
	DXCM	D	-0.05%
	LVS	C	-0.04%
	MOH	F	-0.04%
	HOLX	D	-0.04%
	CNP	B	-0.04%
	DRI	B	-0.04%
	LH	C	-0.04%
	CLX	B	-0.04%
	OMC	C	-0.04%
	WBD	C	-0.04%
	EXPE	B	-0.04%
	MKC	D	-0.04%
	CMS	C	-0.04%
	K	A	-0.04%
	STE	F	-0.04%
	ZBH	C	-0.04%
	CCL	B	-0.04%
	CPAY	A	-0.04%
	AEE	A	-0.04%
	REG	B	-0.03%
	JKHY	D	-0.03%
	TOST	B	-0.03%
	EWBC	A	-0.03%
	FFIV	B	-0.03%
	POOL	C	-0.03%
	CE	F	-0.03%
	RNR	C	-0.03%
	CAG	D	-0.03%
	NTRA	B	-0.03%
	FIX	A	-0.03%
	RGA	A	-0.03%
	UDR	B	-0.03%
	USFD	A	-0.03%
	DPZ	C	-0.03%
	CASY	A	-0.03%
	THC	D	-0.03%
	EQH	B	-0.03%
	CF	B	-0.03%
	XPO	B	-0.03%
	GWRE	A	-0.03%
	AKAM	D	-0.03%
	TOL	B	-0.03%
	NTNX	A	-0.03%
	RBA	A	-0.03%
	ALGN	D	-0.03%
	APTV	D	-0.03%
	KIM	A	-0.03%
	NI	A	-0.03%
	EL	F	-0.03%
	GPC	D	-0.03%
	IBKR	A	-0.03%
	RPM	A	-0.03%
	DKNG	B	-0.03%
	PODD	C	-0.03%
	TSN	B	-0.03%
	DGX	A	-0.03%
	BAX	D	-0.03%
	LYV	A	-0.03%
	OGE	B	-0.02%
	CRBG	B	-0.02%
	PCTY	B	-0.02%
	TPX	B	-0.02%
	MEDP	D	-0.02%
	BRX	A	-0.02%
	PNFP	B	-0.02%
	RBC	A	-0.02%
	ROKU	D	-0.02%
	RL	B	-0.02%
	FMC	D	-0.02%
	CHE	D	-0.02%
	BERY	B	-0.02%
	VOYA	B	-0.02%
	EGP	F	-0.02%
	GMED	A	-0.02%
	GME	C	-0.02%
	CMA	A	-0.02%
	HRB	D	-0.02%
	AXTA	A	-0.02%
	SKX	D	-0.02%
	WCC	B	-0.02%
	CNM	D	-0.02%
	PEN	B	-0.02%
	LNW	D	-0.02%
	MGM	D	-0.02%
	WING	D	-0.02%
	OLED	D	-0.02%
	MOS	F	-0.02%
	BRBR	A	-0.02%
	GPK	C	-0.02%
	CZR	F	-0.02%
	DCI	B	-0.02%
	INGR	B	-0.02%
	X	C	-0.02%
	SNX	C	-0.02%
	WBS	A	-0.02%
	ITCI	C	-0.02%
	ORI	A	-0.02%
	DTM	B	-0.02%
	HRL	D	-0.02%
	GLOB	B	-0.02%
	NYT	C	-0.02%
	MORN	B	-0.02%
	FYBR	D	-0.02%
	LAD	A	-0.02%
	HLI	B	-0.02%
	KBR	F	-0.02%
	AAL	B	-0.02%
	WAL	B	-0.02%
	LBRDK	C	-0.02%
	HSIC	B	-0.02%
	CPB	D	-0.02%
	PR	B	-0.02%
	REXR	F	-0.02%
	HAS	D	-0.02%
	FRT	B	-0.02%
	AYI	B	-0.02%
	TKO	B	-0.02%
	CIEN	B	-0.02%
	MUSA	A	-0.02%
	GL	B	-0.02%
	QGEN	D	-0.02%
	ALSN	B	-0.02%
	TFX	F	-0.02%
	PRI	A	-0.02%
	FOXA	B	-0.02%
	KNSL	B	-0.02%
	TAP	C	-0.02%
	FHN	A	-0.02%
	SCCO	F	-0.02%
	EVR	B	-0.02%
	EXEL	B	-0.02%
	RGLD	C	-0.02%
	EXP	A	-0.02%
	WTRG	B	-0.02%
	ONTO	D	-0.02%
	WWD	B	-0.02%
	GNRC	B	-0.02%
	CHDN	B	-0.02%
	EHC	B	-0.02%
	LKQ	D	-0.02%
	ARMK	B	-0.02%
	WYNN	D	-0.02%
	DOX	D	-0.02%
	SOLV	C	-0.02%
	PNW	B	-0.02%
	AFRM	B	-0.02%
	AA	B	-0.02%
	SF	B	-0.02%
	WMS	D	-0.02%
	OHI	C	-0.02%
	LECO	B	-0.02%
	CUBE	D	-0.02%
	DUOL	A	-0.02%
	TPR	B	-0.02%
	NWSA	B	-0.02%
	FND	C	-0.02%
	JEF	A	-0.02%
	ATR	B	-0.02%
	NCLH	B	-0.02%
	ALB	C	-0.02%
	BJ	A	-0.02%
	RRX	B	-0.02%
	BWXT	B	-0.02%
	IPG	D	-0.02%
	LW	C	-0.02%
	OWL	A	-0.02%
	BLD	D	-0.02%
	SRPT	D	-0.02%
	ITT	A	-0.02%
	FTI	A	-0.02%
	SCI	B	-0.02%
	SOFI	A	-0.02%
	LAMR	D	-0.02%
	SJM	D	-0.02%
	OKTA	C	-0.02%
	UHS	D	-0.02%
	BG	F	-0.02%
	UNM	A	-0.02%
	WPC	D	-0.02%
	AMH	D	-0.02%
	CLH	B	-0.02%
	HST	C	-0.02%
	CACI	D	-0.02%
	COHR	B	-0.02%
	EMN	D	-0.02%
	NVT	B	-0.02%
	PFGC	B	-0.02%
	JLL	D	-0.02%
	JNPR	F	-0.02%
	TXRH	C	-0.02%
	ELS	C	-0.02%
	CW	B	-0.02%
	SAIA	B	-0.02%
	TTEK	F	-0.02%
	COLM	B	-0.01%
	SAM	C	-0.01%
	VAC	B	-0.01%
	CACC	D	-0.01%
	CLVT	F	-0.01%
	CXT	B	-0.01%
	CWEN	C	-0.01%
	CC	C	-0.01%
	APLS	D	-0.01%
	PAG	B	-0.01%
	COTY	F	-0.01%
	MPW	F	-0.01%
	NWS	B	-0.01%
	RNG	B	-0.01%
	AMKR	D	-0.01%
	NSA	D	-0.01%
	PK	B	-0.01%
	BHF	B	-0.01%
	PENN	C	-0.01%
	MAN	D	-0.01%
	AMED	F	-0.01%
	YETI	C	-0.01%
	NCNO	B	-0.01%
	FHB	A	-0.01%
	ZG	A	-0.01%
	TDC	D	-0.01%
	TNL	A	-0.01%
	WEN	D	-0.01%
	ZI	D	-0.01%
	IRDM	D	-0.01%
	EPR	D	-0.01%
	HIW	D	-0.01%
	NVST	B	-0.01%
	PRGO	B	-0.01%
	SMG	D	-0.01%
	MSM	C	-0.01%
	BROS	B	-0.01%
	NEU	C	-0.01%
	DXC	B	-0.01%
	PEGA	A	-0.01%
	GFS	C	-0.01%
	DNB	B	-0.01%
	HUN	F	-0.01%
	IAC	D	-0.01%
	WU	D	-0.01%
	PII	D	-0.01%
	NWL	B	-0.01%
	HOG	D	-0.01%
	SPR	D	-0.01%
	KMPR	B	-0.01%
	ACHC	F	-0.01%
	LOPE	B	-0.01%
	W	F	-0.01%
	CHH	A	-0.01%
	GTES	A	-0.01%
	AN	C	-0.01%
	GAP	C	-0.01%
	FLO	D	-0.01%
	MSGS	A	-0.01%
	ASH	D	-0.01%
	DLB	B	-0.01%
	EEFT	B	-0.01%
	M	D	-0.01%
	SLGN	A	-0.01%
	LITE	B	-0.01%
	AGO	B	-0.01%
	WTM	A	-0.01%
	WLK	D	-0.01%
	APPF	B	-0.01%
	OZK	B	-0.01%
	RYN	D	-0.01%
	AL	B	-0.01%
	RH	B	-0.01%
	KRC	C	-0.01%
	LYFT	C	-0.01%
	CUZ	B	-0.01%
	BYD	C	-0.01%
	RARE	D	-0.01%
	AM	A	-0.01%
	XRAY	F	-0.01%
	AVT	C	-0.01%
	HCP	B	-0.01%
	SLM	A	-0.01%
	HXL	D	-0.01%
	ROIV	C	-0.01%
	CIVI	D	-0.01%
	UGI	A	-0.01%
	OGN	D	-0.01%
	OLN	D	-0.01%
	PSN	D	-0.01%
	SON	D	-0.01%
	ST	F	-0.01%
	DOCS	C	-0.01%
	IDA	A	-0.01%
	VVV	F	-0.01%
	THO	B	-0.01%
	SEE	C	-0.01%
	KD	B	-0.01%
	FIVE	F	-0.01%
	FNB	A	-0.01%
	CELH	F	-0.01%
	JHG	A	-0.01%
	THG	A	-0.01%
	TKR	D	-0.01%
	BC	C	-0.01%
	NXST	C	-0.01%
	LEA	D	-0.01%
	POST	C	-0.01%
	FOX	A	-0.01%
	PATH	C	-0.01%
	FOUR	B	-0.01%
	WHR	B	-0.01%
	NFG	A	-0.01%
	ELF	C	-0.01%
	OLLI	D	-0.01%
	OMF	A	-0.01%
	PVH	C	-0.01%
	SRCL	C	-0.01%
	TPG	A	-0.01%
	VNT	B	-0.01%
	WFRD	D	-0.01%
	INSP	D	-0.01%
	COLB	A	-0.01%
	AWI	A	-0.01%
	LNC	B	-0.01%
	U	C	-0.01%
	ETSY	D	-0.01%
	CRUS	D	-0.01%
	WSC	D	-0.01%
	MDU	D	-0.01%
	AXS	A	-0.01%
	IONS	F	-0.01%
	STWD	C	-0.01%
	BILL	A	-0.01%
	MSA	D	-0.01%
	NOV	C	-0.01%
	LFUS	F	-0.01%
	CLF	F	-0.01%
	ESI	A	-0.01%
	SN	D	-0.01%
	DAR	C	-0.01%
	ALK	C	-0.01%
	MTDR	B	-0.01%
	MTN	C	-0.01%
	MTG	C	-0.01%
	FRPT	B	-0.01%
	AGCO	D	-0.01%
	AMG	B	-0.01%
	VMI	B	-0.01%
	PARA	C	-0.01%
	LSTR	D	-0.01%
	MASI	A	-0.01%
	R	B	-0.01%
	LPX	B	-0.01%
	MTSI	B	-0.01%
	ELAN	D	-0.01%
	AZEK	A	-0.01%
	SITE	D	-0.01%
	H	B	-0.01%
	CFLT	B	-0.01%
	IVZ	B	-0.01%
	BPOP	B	-0.01%
	ARW	D	-0.01%
	GTLB	B	-0.01%
	BRKR	D	-0.01%
	RLI	B	-0.01%
	PB	A	-0.01%
	CROX	D	-0.01%
	DBX	B	-0.01%
	SIRI	C	-0.01%
	FAF	A	-0.01%
	ESTC	C	-0.01%
	ATI	D	-0.01%
	OSK	B	-0.01%
	G	B	-0.01%
	MKSI	C	-0.01%
	STAG	F	-0.01%
	JAZZ	B	-0.01%
	RYAN	B	-0.01%
	KEX	C	-0.01%
	FR	C	-0.01%
	FLS	B	-0.01%
	MIDD	C	-0.01%
	GXO	B	-0.01%
	PLNT	A	-0.01%
	GNTX	C	-0.01%
	FCN	D	-0.01%
	RHI	B	-0.01%
	CGNX	C	-0.01%
	PCOR	B	-0.01%
	WH	B	-0.01%
	MAT	D	-0.01%
	AGNC	D	-0.01%
	LSCC	D	-0.01%
	ESAB	B	-0.01%
	COKE	C	-0.01%
	MHK	D	-0.01%
	S	B	-0.01%
	DVA	B	-0.01%
	VFC	C	-0.01%
	XP	F	-0.01%
	VNO	B	-0.01%
	RRC	B	-0.01%
	ADC	B	-0.01%
	WEX	D	-0.01%
	SNV	B	-0.01%
	CBSH	A	-0.01%
	COLD	D	-0.01%
	ZION	B	-0.01%
	CFR	B	-0.01%
	SAIC	F	-0.01%
	AR	B	-0.01%
	RGEN	D	-0.01%
	WTFC	A	-0.01%
	MTZ	B	-0.01%
	TREX	C	-0.01%
	BFAM	D	-0.01%
	SSD	D	-0.01%
	VKTX	F	-0.01%
	CR	A	-0.01%
	APG	B	-0.01%
	BWA	D	-0.01%
	SMAR	A	-0.01%
	AAON	B	-0.01%
	NNN	D	-0.01%
	AMC	C	-0.0%
	SEG	B	-0.0%
	CWEN	C	-0.0%
	NFE	D	-0.0%
	PLTK	B	-0.0%
	TFSL	A	-0.0%
	UWMC	D	-0.0%
	SEB	F	-0.0%
	PYCR	C	-0.0%
	CNA	B	-0.0%
	DDS	B	-0.0%
	UI	A	-0.0%
	UA	C	-0.0%
	SNDR	B	-0.0%
	CERT	F	-0.0%
	LBRDA	C	-0.0%
	GO	C	-0.0%
	REYN	D	-0.0%
	CAR	C	-0.0%
	FTRE	D	-0.0%
	LEG	F	-0.0%
	TXG	F	-0.0%
	WOLF	F	-0.0%
	TRIP	F	-0.0%
	INFA	D	-0.0%
	QS	F	-0.0%
	BIRK	D	-0.0%
	VSTS	C	-0.0%
	PINC	B	-0.0%
	PPC	C	-0.0%
	CRI	D	-0.0%
	UAA	C	-0.0%
	KSS	F	-0.0%
	DJT	C	-0.0%
	CNXC	F	-0.0%
	LCID	F	-0.0%
	AAP	C	-0.0%
	FIVN	C	-0.0%
	ENOV	C	-0.0%
	RCM	F	-0.0%
	IPGP	D	-0.0%
	SHC	F	-0.0%
	RKT	F	-0.0%
	HAYW	B	-0.0%
	AZTA	D	-0.0%
	CPRI	F	-0.0%
	JWN	C	-0.0%
	BOKF	B	-0.0%
	HHH	B	-0.0%
	ADTN	A	-0.0%
	MP	B	-0.0%
	DV	C	-0.0%
	VIRT	B	-0.0%
	AGR	B	-0.0%
	ALGM	D	-0.0%
	SPB	C	-0.0%

INRO: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Semiconductors Asset Management Business Services Oil & Gas E&P Capital Markets Diagnostics & Research Utilities - Regulated Electric Aerospace & Defense Banks - Regional - US Biotechnology Specialty Retail Drug Manufacturers - Major Insurance - Property & Casualty Software - Infrastructure Internet Content & Information Credit Services Information Technology Services REIT - Residential

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electronics Aerospace Dow Jones Component Electricity Semiconductor Bank Chemical Banking Cloud Computing Insurance Products Mining Petroleum Industry Investment Bank Real Estate Investment Trust Telecommunications

VONE: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Banks - Regional - US Biotechnology Business Services Asset Management Software - Infrastructure Utilities - Regulated Electric Diagnostics & Research Semiconductors Specialty Retail Oil & Gas E&P Capital Markets Information Technology Services Insurance - Property & Casualty Packaged Foods Specialty Chemicals Aerospace & Defense Packaging & Containers Building Materials

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electronics Bank Banking Real Estate Investment Trust Aerospace Chemical Electricity Mining Telecommunications Medicine Semiconductor Dow Jones Component Insurance Products Biotechnology Cloud Computing