IWX vs. INRO ETF Comparison

Comparison of iShares Russell Top 200 Value ETF (IWX) to BlackRock U.S. Industry Rotation ETF (INRO)

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.27

Average Daily Volume

315,888

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

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

Performance

Period	IWX	INRO
30 Days	2.62%	5.09%
60 Days	4.46%	6.25%
90 Days	6.64%	7.10%
12 Months	28.30%

119 Overlapping Holdings

Symbol	Grade	Weight in IWX	Weight in INRO	Overlap
ABBV	D	1.0%	0.39%	0.39%
ACN	C	1.34%	0.07%	0.07%
ADI	D	0.62%	0.22%	0.22%
ADP	B	0.05%	0.29%	0.05%
AEP	D	0.31%	0.32%	0.31%
AIG	B	0.3%	0.09%	0.09%
AMAT	F	0.07%	0.3%	0.07%
AMD	F	0.45%	0.47%	0.45%
AMGN	D	0.2%	0.2%	0.2%
AON	A	0.45%	0.11%	0.11%
APD	A	0.43%	0.01%	0.01%
APH	A	0.21%	0.19%	0.19%
APO	B	0.13%	0.01%	0.01%
AXP	A	0.61%	1.14%	0.61%
AZO	C	0.03%	0.15%	0.03%
BA	F	0.49%	0.04%	0.04%
BAC	A	1.91%	0.81%	0.81%
BMY	B	0.69%	0.11%	0.11%
BRK.A	B	5.18%	0.06%	0.06%
C	A	0.79%	0.34%	0.34%
CARR	D	0.38%	0.42%	0.38%
CAT	B	0.97%	0.35%	0.35%
CB	C	0.7%	0.17%	0.17%
CEG	D	0.36%	0.45%	0.36%
CME	A	0.49%	0.3%	0.3%
COF	B	0.42%	0.48%	0.42%
COP	C	0.79%	0.24%	0.24%
CPRT	A	0.02%	0.21%	0.02%
CRM	B	0.28%	0.45%	0.28%
CSX	B	0.41%	0.25%	0.25%
CTAS	B	0.02%	0.34%	0.02%
CVX	A	1.68%	0.5%	0.5%
DE	A	0.61%	0.2%	0.2%
DELL	C	0.18%	0.07%	0.07%
DHR	F	0.9%	0.19%	0.19%
DUK	C	0.52%	0.54%	0.52%
ECL	D	0.05%	0.0%	0.0%
EMR	A	0.44%	0.24%	0.24%
EOG	A	0.47%	0.15%	0.15%
EQIX	A	0.49%	0.1%	0.1%
ETN	A	0.86%	0.48%	0.48%
F	C	0.26%	0.06%	0.06%
FCX	D	0.37%	0.12%	0.12%
FDX	B	0.4%	0.02%	0.02%
FI	A	0.5%	0.01%	0.01%
FTNT	C	0.07%	0.08%	0.07%
GD	F	0.47%	0.03%	0.03%
GE	D	0.91%	0.08%	0.08%
GEV	B	0.54%	0.31%	0.31%
GILD	C	0.66%	0.14%	0.14%
GM	B	0.38%	0.09%	0.09%
GS	A	0.83%	0.64%	0.64%
HD	A	0.49%	1.17%	0.49%
HON	B	0.76%	1.6%	0.76%
IBM	C	1.13%	0.06%	0.06%
ICE	C	0.53%	0.33%	0.33%
INTC	D	0.62%	0.22%	0.22%
ITW	B	0.3%	0.15%	0.15%
JCI	C	0.34%	0.39%	0.34%
JNJ	D	2.24%	0.37%	0.37%
JPM	A	4.24%	1.74%	1.74%
KKR	A	0.43%	0.31%	0.31%
LIN	D	1.3%	0.03%	0.03%
LMT	D	0.47%	0.05%	0.05%
LOW	D	0.93%	0.43%	0.43%
MET	A	0.3%	0.08%	0.08%
MMC	B	0.57%	0.16%	0.16%
MMM	D	0.35%	0.76%	0.35%
MO	A	0.58%	0.41%	0.41%
MPC	D	0.33%	0.1%	0.1%
MRNA	F	0.07%	0.02%	0.02%
MRVL	B	0.42%	0.16%	0.16%
MS	A	0.88%	0.55%	0.55%
MU	D	0.64%	0.23%	0.23%
NEE	D	0.95%	0.97%	0.95%
NEM	D	0.28%	0.11%	0.11%
NOC	D	0.41%	0.03%	0.03%
NSC	B	0.36%	0.22%	0.22%
ORLY	B	0.03%	0.21%	0.03%
OXY	D	0.2%	0.06%	0.06%
PCAR	B	0.35%	0.11%	0.11%
PFE	D	0.85%	0.14%	0.14%
PGR	A	0.14%	0.23%	0.14%
PH	A	0.54%	0.17%	0.17%
PM	B	1.2%	0.87%	0.87%
PNC	B	0.5%	0.21%	0.21%
PSA	D	0.27%	0.07%	0.07%
PSX	C	0.33%	0.1%	0.1%
PYPL	B	0.53%	0.01%	0.01%
QCOM	F	0.07%	0.39%	0.07%
REGN	F	0.44%	0.11%	0.11%
ROP	B	0.35%	0.09%	0.09%
RSG	A	0.26%	0.2%	0.2%
RTX	C	0.95%	0.06%	0.06%
SCHW	B	0.65%	0.41%	0.41%
SHW	A	0.05%	0.01%	0.01%
SLB	C	0.37%	0.09%	0.09%
SO	D	0.58%	0.6%	0.58%
SPGI	C	0.95%	0.55%	0.55%
TDG	D	0.33%	0.03%	0.03%
TFC	A	0.37%	0.17%	0.17%
TGT	F	0.42%	0.08%	0.08%
TJX	A	0.33%	0.39%	0.33%
TMO	F	1.18%	0.24%	0.24%
TMUS	B	0.69%	4.56%	0.69%
TRV	B	0.36%	0.09%	0.09%
TT	A	0.37%	0.65%	0.37%
TXN	C	0.97%	0.39%	0.39%
UNH	C	3.06%	0.01%	0.01%
UNP	C	0.45%	0.54%	0.45%
UPS	C	0.59%	0.04%	0.04%
USB	A	0.47%	0.2%	0.2%
VLO	C	0.27%	0.08%	0.08%
VRTX	F	0.36%	0.15%	0.15%
WELL	A	0.49%	0.18%	0.18%
WFC	A	1.57%	0.64%	0.64%
WMT	A	2.2%	0.45%	0.45%
XOM	B	3.23%	0.95%	0.95%
ZTS	D	0.08%	0.08%	0.08%

IWX Overweight 39 Positions Relative to INRO

Symbol	Grade	Weight
PG	A	1.87%
CSCO	B	1.4%
DIS	B	1.27%
ABT	B	1.21%
MCD	D	1.19%
VZ	C	1.06%
CMCSA	B	0.99%
T	A	0.98%
BLK	C	0.93%
BSX	B	0.77%
MDT	D	0.68%
PLD	D	0.63%
KO	D	0.62%
SYK	C	0.6%
MDLZ	F	0.52%
CI	F	0.49%
ELV	F	0.47%
CRH	A	0.41%
CVS	D	0.4%
BDX	F	0.39%
MAR	B	0.38%
SRE	A	0.35%
D	C	0.29%
HCA	F	0.29%
PEP	F	0.28%
MCK	B	0.27%
MSI	B	0.26%
STZ	D	0.23%
CL	D	0.21%
NKE	D	0.21%
KDP	D	0.21%
EW	C	0.2%
KHC	F	0.17%
KMB	D	0.16%
SBUX	A	0.15%
EL	F	0.06%
BKNG	A	0.06%
MNST	C	0.04%
DASH	A	0.04%

IWX Underweight 310 Positions Relative to INRO

Symbol	Grade	Weight
NVDA	C	-7.62%
AAPL	C	-5.76%
MSFT	F	-4.24%
META	D	-3.68%
GOOGL	C	-3.13%
GOOG	C	-2.72%
AVGO	D	-1.54%
AMZN	C	-1.47%
BXP	D	-1.35%
TSLA	B	-1.32%
CBRE	B	-0.87%
CSGP	D	-0.63%
VMC	B	-0.59%
MLM	B	-0.57%
LLY	F	-0.57%
UBER	D	-0.49%
URI	B	-0.47%
COST	B	-0.47%
BX	A	-0.45%
ORCL	B	-0.45%
GWW	B	-0.44%
FAST	B	-0.4%
WM	A	-0.37%
PWR	A	-0.37%
DHI	D	-0.33%
ADBE	C	-0.32%
NOW	A	-0.3%
DFS	B	-0.29%
LEN	D	-0.28%
MCO	B	-0.28%
INTU	C	-0.26%
PCG	A	-0.26%
EXC	C	-0.25%
Z	A	-0.25%
MRK	F	-0.24%
XEL	A	-0.24%
GRMN	B	-0.22%
WCN	A	-0.21%
EIX	B	-0.21%
NVR	D	-0.21%
COIN	C	-0.2%
ETR	B	-0.2%
VST	B	-0.19%
EME	C	-0.19%
AMP	A	-0.19%
LRCX	F	-0.19%
SYF	B	-0.18%
PANW	C	-0.18%
PLTR	B	-0.18%
PHM	D	-0.18%
KLAC	D	-0.17%
ODFL	B	-0.16%
WSO	A	-0.16%
MSCI	C	-0.16%
VRT	B	-0.16%
AME	A	-0.15%
FE	C	-0.15%
BLDR	D	-0.15%
NDAQ	A	-0.14%
ROST	C	-0.14%
ES	D	-0.14%
LII	A	-0.14%
CSL	C	-0.14%
WMB	A	-0.13%
RJF	A	-0.13%
SW	A	-0.13%
MAS	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%
EVRG	A	-0.11%
PAYX	C	-0.11%
LNT	A	-0.11%
VLTO	D	-0.11%
BK	A	-0.11%
AMT	D	-0.11%
ACM	A	-0.11%
APP	B	-0.1%
AJG	B	-0.1%
CMI	A	-0.1%
PKG	A	-0.1%
KMI	A	-0.1%
ROK	B	-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%
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%
ALL	A	-0.08%
FITB	A	-0.08%
FICO	B	-0.08%
ALLE	D	-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%
PRU	A	-0.07%
AMCR	D	-0.07%
HES	B	-0.07%
DLR	B	-0.07%
AVY	D	-0.07%
CCI	D	-0.06%
CFG	B	-0.06%
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%
TEAM	A	-0.06%
FANG	D	-0.06%
ROL	B	-0.06%
HPQ	B	-0.06%
FBIN	D	-0.06%
TW	A	-0.06%
IQV	D	-0.05%
KR	B	-0.05%
WTW	B	-0.05%
A	D	-0.05%
PPL	B	-0.05%
ANSS	B	-0.05%
HUBS	A	-0.05%
ULTA	F	-0.05%
ATO	A	-0.05%
HPE	B	-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%
KEY	B	-0.05%
DOV	A	-0.05%
VICI	C	-0.05%
ACGL	D	-0.05%
STT	A	-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%
MKL	A	-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%
PFG	D	-0.04%
SYY	B	-0.04%
IRM	D	-0.04%
BAH	F	-0.04%
ZBRA	B	-0.04%
EXR	D	-0.04%
NTAP	C	-0.04%
TDY	B	-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%
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%
NDSN	B	-0.03%
CTRA	B	-0.03%
SBAC	D	-0.03%
WST	C	-0.03%
WRB	A	-0.03%
L	A	-0.03%
BIIB	F	-0.03%
DOC	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%
BEN	C	-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%
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%
ALLY	C	-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%
CNH	C	-0.02%
LHX	C	-0.02%
MTCH	D	-0.02%
OVV	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%
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%
RPRX	D	-0.01%
EPAM	C	-0.01%
VTRS	A	-0.01%
TWLO	A	-0.01%
BIO	D	-0.01%
NET	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%
NUE	C	-0.01%
SNOW	C	-0.01%
CRL	C	-0.01%
AVB	B	-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%
LYB	F	-0.0%
HII	D	-0.0%
CHRW	C	-0.0%
FNF	B	-0.0%
HEI	B	-0.0%
WBA	F	-0.0%
EXPD	D	-0.0%