INRO vs. VUSB ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to Vanguard Ultra-Short Bond ETF (VUSB)

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

$28.56

Average Daily Volume

3,548

Number of Holdings ^*

429

* may have additional holdings in another (foreign) market

VUSB

Vanguard Ultra-Short Bond ETF

VUSB Description

Vanguard Bond Index Funds - Vanguard Ultra-Short Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc. The fund invests in the fixed income markets. It primarily invests in high-quality securities that are rated A3 or better and medium-quality securities that are rated Baa1, Baa2, or Baa3 by Moody's Investors Service, Inc. The fund seeks to invest in securities with maturity of 0-2 years. The fund employs fundamental analysis with bottom-up and top-down security picking approach to create its portfolio. Vanguard Bond Index Funds - Vanguard Ultra-Short Bond ETF was formed on April 5, 2021 is domiciled in the United States.

Grade (RS Rating)

Last Trade

$49.76

Average Daily Volume

695,333

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

Performance

Period	INRO	VUSB
30 Days	5.09%	0.28%
60 Days	6.25%	0.44%
90 Days	7.10%	1.12%
12 Months		6.25%

122 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in VUSB	Overlap
AAPL	C	5.76%	0.12%	0.12%
ABBV	D	0.39%	0.05%	0.05%
AEP	D	0.32%	0.06%	0.06%
AIG	B	0.09%	0.17%	0.09%
ALL	A	0.08%	0.27%	0.08%
ALLY	C	0.02%	0.06%	0.02%
AMGN	D	0.2%	0.12%	0.12%
AMP	A	0.19%	0.2%	0.19%
AMT	D	0.11%	0.01%	0.01%
AMZN	C	1.47%	0.06%	0.06%
AON	A	0.11%	0.07%	0.07%
ATO	A	0.05%	0.01%	0.01%
AVB	B	0.01%	0.01%	0.01%
AVGO	D	1.54%	0.01%	0.01%
AXP	A	1.14%	0.05%	0.05%
AZO	C	0.15%	0.01%	0.01%
BA	F	0.04%	0.01%	0.01%
BAC	A	0.81%	0.01%	0.01%
BEN	C	0.03%	0.01%	0.01%
BIIB	F	0.03%	0.03%	0.03%
BK	A	0.11%	0.03%	0.03%
BMY	B	0.11%	0.03%	0.03%
BXP	D	1.35%	0.02%	0.02%
C	A	0.34%	0.01%	0.01%
CAT	B	0.35%	0.01%	0.01%
CB	C	0.17%	0.11%	0.11%
CCI	D	0.06%	0.04%	0.04%
CFG	B	0.06%	0.02%	0.02%
CME	A	0.3%	0.04%	0.04%
CNH	C	0.02%	0.24%	0.02%
COF	B	0.48%	0.61%	0.48%
COP	C	0.24%	0.52%	0.24%
CSL	C	0.14%	0.04%	0.04%
CTAS	B	0.34%	0.01%	0.01%
CVX	A	0.5%	0.01%	0.01%
DD	D	0.01%	0.03%	0.01%
DE	A	0.2%	0.01%	0.01%
DELL	C	0.07%	0.04%	0.04%
DFS	B	0.29%	0.03%	0.03%
DT	C	0.03%	0.01%	0.01%
DUK	C	0.54%	0.02%	0.02%
EBAY	D	0.02%	0.19%	0.02%
EIX	B	0.21%	0.01%	0.01%
EOG	A	0.15%	0.23%	0.15%
EQR	B	0.01%	0.13%	0.01%
ES	D	0.14%	0.04%	0.04%
ETR	B	0.2%	0.05%	0.05%
EXC	C	0.25%	0.01%	0.01%
FANG	D	0.06%	0.01%	0.01%
FIS	C	0.01%	0.01%	0.01%
FNF	B	0.0%	0.03%	0.0%
GE	D	0.08%	0.02%	0.02%
GILD	C	0.14%	0.36%	0.14%
GM	B	0.09%	0.03%	0.03%
GS	A	0.64%	0.01%	0.01%
HD	A	1.17%	0.01%	0.01%
HII	D	0.0%	0.19%	0.0%
HON	B	1.6%	0.02%	0.02%
HPE	B	0.05%	0.01%	0.01%
IBM	C	0.06%	0.08%	0.06%
ICE	C	0.33%	0.05%	0.05%
ILMN	D	0.03%	0.06%	0.03%
INTC	D	0.22%	0.03%	0.03%
JPM	A	1.74%	0.01%	0.01%
KEY	B	0.05%	0.05%	0.05%
KMI	A	0.1%	0.02%	0.02%
KR	B	0.05%	0.08%	0.05%
LEN	D	0.28%	0.11%	0.11%
LIN	D	0.03%	0.01%	0.01%
LLY	F	0.57%	0.05%	0.05%
LOW	D	0.43%	0.01%	0.01%
LUV	C	0.02%	0.01%	0.01%
LYB	F	0.0%	0.01%	0.0%
MCO	B	0.28%	0.07%	0.07%
MET	A	0.08%	0.01%	0.01%
MKL	A	0.04%	0.01%	0.01%
MLM	B	0.57%	0.23%	0.23%
MMC	B	0.16%	0.08%	0.08%
MPC	D	0.1%	0.18%	0.1%
MRK	F	0.24%	0.02%	0.02%
MS	A	0.55%	0.08%	0.08%
MSFT	F	4.24%	0.03%	0.03%
NDAQ	A	0.14%	0.05%	0.05%
NEE	D	0.97%	0.01%	0.01%
NEM	D	0.11%	0.01%	0.01%
NSC	B	0.22%	0.02%	0.02%
NUE	C	0.01%	0.29%	0.01%
NVDA	C	7.62%	0.71%	0.71%
OKE	A	0.12%	0.14%	0.12%
ORCL	B	0.45%	0.03%	0.03%
PCAR	B	0.11%	0.01%	0.01%
PFG	D	0.04%	0.11%	0.04%
PM	B	0.87%	0.03%	0.03%
PNC	B	0.21%	0.02%	0.02%
PRU	A	0.07%	0.05%	0.05%
PSA	D	0.07%	0.25%	0.07%
PSX	C	0.1%	0.11%	0.1%
PYPL	B	0.01%	0.2%	0.01%
ROK	B	0.1%	0.14%	0.1%
RPRX	D	0.01%	0.17%	0.01%
SCHW	B	0.41%	0.01%	0.01%
SHW	A	0.01%	0.04%	0.01%
SLB	C	0.09%	0.12%	0.09%
SO	D	0.6%	0.04%	0.04%
STT	A	0.05%	0.01%	0.01%
SWKS	F	0.03%	0.15%	0.03%
SYF	B	0.18%	0.03%	0.03%
SYY	B	0.04%	0.43%	0.04%
TDY	B	0.04%	0.1%	0.04%
TFC	A	0.17%	0.01%	0.01%
TXN	C	0.39%	0.06%	0.06%
UNH	C	0.01%	0.01%	0.01%
UNP	C	0.54%	0.14%	0.14%
UPS	C	0.04%	0.03%	0.03%
USB	A	0.2%	0.03%	0.03%
VTRS	A	0.01%	0.05%	0.01%
WFC	A	0.64%	0.01%	0.01%
WM	A	0.37%	0.24%	0.24%
WMB	A	0.13%	0.01%	0.01%
WRB	A	0.03%	0.02%	0.02%
XOM	B	0.95%	0.01%	0.01%
ZTS	D	0.08%	0.04%	0.04%

INRO Overweight 307 Positions Relative to VUSB

Symbol	Grade	Weight
TMUS	B	4.56%
META	D	3.68%
GOOGL	C	3.13%
GOOG	C	2.72%
TSLA	B	1.32%
CBRE	B	0.87%
MMM	D	0.76%
TT	A	0.65%
CSGP	D	0.63%
VMC	B	0.59%
SPGI	C	0.55%
UBER	D	0.49%
ETN	A	0.48%
URI	B	0.47%
COST	B	0.47%
AMD	F	0.47%
BX	A	0.45%
CRM	B	0.45%
CEG	D	0.45%
WMT	A	0.45%
GWW	B	0.44%
CARR	D	0.42%
MO	A	0.41%
FAST	B	0.4%
QCOM	F	0.39%
JCI	C	0.39%
TJX	A	0.39%
PWR	A	0.37%
JNJ	D	0.37%
DHI	D	0.33%
ADBE	C	0.32%
KKR	A	0.31%
GEV	B	0.31%
AMAT	F	0.3%
NOW	A	0.3%
ADP	B	0.29%
INTU	C	0.26%
PCG	A	0.26%
CSX	B	0.25%
Z	A	0.25%
XEL	A	0.24%
EMR	A	0.24%
TMO	F	0.24%
PGR	A	0.23%
MU	D	0.23%
GRMN	B	0.22%
ADI	D	0.22%
WCN	A	0.21%
ORLY	B	0.21%
CPRT	A	0.21%
NVR	D	0.21%
RSG	A	0.2%
COIN	C	0.2%
VST	B	0.19%
EME	C	0.19%
APH	A	0.19%
LRCX	F	0.19%
DHR	F	0.19%
PANW	C	0.18%
WELL	A	0.18%
PLTR	B	0.18%
PHM	D	0.18%
PH	A	0.17%
KLAC	D	0.17%
ODFL	B	0.16%
WSO	A	0.16%
MSCI	C	0.16%
VRT	B	0.16%
MRVL	B	0.16%
AME	A	0.15%
FE	C	0.15%
VRTX	F	0.15%
BLDR	D	0.15%
ITW	B	0.15%
ROST	C	0.14%
PFE	D	0.14%
LII	A	0.14%
RJF	A	0.13%
SW	A	0.13%
FCX	D	0.12%
MAS	D	0.12%
OC	A	0.12%
SNPS	B	0.12%
CDNS	B	0.12%
CRWD	B	0.12%
NXPI	D	0.12%
ARES	A	0.12%
NRG	B	0.12%
EVRG	A	0.11%
REGN	F	0.11%
PAYX	C	0.11%
LNT	A	0.11%
VLTO	D	0.11%
ACM	A	0.11%
APP	B	0.1%
AJG	B	0.1%
CMI	A	0.1%
PKG	A	0.1%
EQIX	A	0.1%
MSTR	C	0.1%
NTRS	A	0.1%
GLW	B	0.09%
TSCO	D	0.09%
IP	B	0.09%
LNG	B	0.09%
MTB	A	0.09%
AFL	B	0.09%
ROP	B	0.09%
TRV	B	0.09%
VRSK	A	0.09%
ADSK	A	0.09%
MCHP	D	0.08%
BR	A	0.08%
TRGP	B	0.08%
EFX	F	0.08%
OTIS	C	0.08%
HUBB	B	0.08%
LPLA	A	0.08%
IR	B	0.08%
FDS	B	0.08%
TGT	F	0.08%
FITB	A	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%
BKR	B	0.07%
HBAN	A	0.07%
WAB	B	0.07%
RF	A	0.07%
MELI	D	0.07%
AMCR	D	0.07%
HES	B	0.07%
DLR	B	0.07%
AVY	D	0.07%
ACN	C	0.07%
JBHT	C	0.06%
DDOG	A	0.06%
XYL	D	0.06%
VTR	C	0.06%
KEYS	A	0.06%
ON	D	0.06%
HOOD	B	0.06%
MPWR	F	0.06%
AOS	F	0.06%
OXY	D	0.06%
TEAM	A	0.06%
BRK.A	B	0.06%
F	C	0.06%
ROL	B	0.06%
HPQ	B	0.06%
FBIN	D	0.06%
RTX	C	0.06%
TW	A	0.06%
IQV	D	0.05%
WTW	B	0.05%
LMT	D	0.05%
A	D	0.05%
PPL	B	0.05%
ANSS	B	0.05%
HUBS	A	0.05%
ULTA	F	0.05%
LDOS	C	0.05%
CG	A	0.05%
CCK	C	0.05%
FTV	C	0.05%
TROW	B	0.05%
BURL	A	0.05%
TPL	A	0.05%
CDW	F	0.05%
WSM	B	0.05%
FCNCA	A	0.05%
BBY	D	0.05%
PINS	D	0.05%
HIG	B	0.05%
DOV	A	0.05%
VICI	C	0.05%
ACGL	D	0.05%
PNR	A	0.04%
SNA	A	0.04%
PTC	A	0.04%
ARE	D	0.04%
WDC	D	0.04%
TRMB	B	0.04%
ALNY	D	0.04%
BRO	B	0.04%
TYL	B	0.04%
CINF	A	0.04%
J	F	0.04%
MKTX	D	0.04%
HAL	C	0.04%
FSLR	F	0.04%
MA	C	0.04%
CBOE	B	0.04%
DVN	F	0.04%
EQT	B	0.04%
IRM	D	0.04%
BAH	F	0.04%
ZBRA	B	0.04%
EXR	D	0.04%
NTAP	C	0.04%
V	A	0.04%
TRU	D	0.04%
SMCI	F	0.03%
SWK	D	0.03%
MANH	D	0.03%
MRO	B	0.03%
EG	C	0.03%
WAT	B	0.03%
PSTG	D	0.03%
ZS	C	0.03%
PAYC	B	0.03%
DAY	B	0.03%
NDSN	B	0.03%
GD	F	0.03%
CTRA	B	0.03%
SBAC	D	0.03%
WST	C	0.03%
NOC	D	0.03%
L	A	0.03%
DOC	D	0.03%
TDG	D	0.03%
WY	D	0.03%
GGG	B	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%
IEX	B	0.03%
AES	F	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%
MRNA	F	0.02%
TTC	D	0.02%
DINO	D	0.02%
DG	F	0.02%
SEIC	B	0.02%
ERIE	D	0.02%
ENPH	F	0.02%
AXON	A	0.02%
AVTR	F	0.02%
AIZ	A	0.02%
HWM	A	0.02%
AFG	A	0.02%
RVTY	F	0.02%
UHAL	D	0.02%
IOT	A	0.02%
UTHR	C	0.02%
BBWI	D	0.02%
LHX	C	0.02%
MTCH	D	0.02%
OVV	B	0.02%
FDX	B	0.02%
DOCU	A	0.02%
GLPI	C	0.02%
GEN	B	0.02%
CPT	B	0.01%
CTVA	C	0.01%
APD	A	0.01%
SUI	D	0.01%
DOW	F	0.01%
ACI	C	0.01%
STLD	B	0.01%
TXT	D	0.01%
MDB	C	0.01%
ESS	B	0.01%
RS	B	0.01%
VRSN	F	0.01%
MAA	B	0.01%
HEI	B	0.01%
INVH	D	0.01%
EPAM	C	0.01%
TWLO	A	0.01%
BIO	D	0.01%
NET	B	0.01%
APO	B	0.01%
CTLT	B	0.01%
APA	D	0.01%
RIVN	F	0.01%
DLTR	F	0.01%
EXAS	D	0.01%
SNOW	C	0.01%
CRL	C	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%
ECL	D	0.0%
CHRW	C	0.0%
HEI	B	0.0%
WBA	F	0.0%
EXPD	D	0.0%

INRO Underweight 79 Positions Relative to VUSB

Symbol	Grade	Weight
RL	B	-0.99%
BHF	B	-0.7%
CMCSA	B	-0.6%
GIS	D	-0.47%
EMN	D	-0.42%
SPG	B	-0.3%
HRL	D	-0.28%
ZBH	C	-0.28%
MCK	B	-0.23%
STZ	D	-0.23%
CHTR	C	-0.18%
GPN	B	-0.18%
MKC	D	-0.17%
EQH	B	-0.17%
PEP	F	-0.13%
ESGR	B	-0.13%
KIM	A	-0.13%
BDN	C	-0.11%
HUM	C	-0.11%
SRE	A	-0.11%
SLG	B	-0.1%
SBUX	A	-0.1%
CM	A	-0.1%
BHP	F	-0.09%
CHD	B	-0.09%
LNC	B	-0.09%
PG	A	-0.09%
DB	D	-0.09%
NWG	C	-0.09%
CCEP	C	-0.08%
CAG	D	-0.07%
IVZ	B	-0.07%
MDLZ	F	-0.07%
AMTD	D	-0.06%
EPD	A	-0.06%
DTE	C	-0.06%
PAA	B	-0.06%
AL	B	-0.06%
R	B	-0.06%
MUFG	B	-0.06%
UBS	C	-0.06%
IFF	D	-0.05%
TD	F	-0.05%
KSA	D	-0.05%
DIS	B	-0.05%
OPI	F	-0.04%
OHI	C	-0.04%
CI	F	-0.04%
SEB	F	-0.04%
BKH	A	-0.03%
AEE	A	-0.03%
KRC	C	-0.03%
KMB	D	-0.03%
TEL	B	-0.03%
ARCC	A	-0.03%
KMPR	B	-0.02%
O	D	-0.02%
TAP	C	-0.02%
VOD	F	-0.02%
HOG	D	-0.02%
BNS	A	-0.02%
BMO	A	-0.02%
GSK	F	-0.01%
JXN	C	-0.01%
TSN	B	-0.01%
ARW	D	-0.01%
MAR	B	-0.01%
T	A	-0.01%
CVS	D	-0.01%
KDP	D	-0.01%
VZ	C	-0.01%
CPB	D	-0.01%
AZN	D	-0.01%
ET	A	-0.01%
AER	B	-0.01%
PL	A	-0.01%
CNP	B	-0.01%
D	C	-0.01%
HSBC	B	-0.01%