SPY vs. INRO ETF Comparison

Comparison of SPDR S&P 500 (SPY) to BlackRock U.S. Industry Rotation ETF (INRO)
SPY

SPDR S&P 500

SPY Description

The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust holds the Portfolio and cash and is not actively "managed" by traditional methods. To maintain the correspondence between the composition and weightings of Portfolio Securities and component stocks of the S&P 500 Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities.

Grade (RS Rating)

Last Trade

$595.51

Average Daily Volume

43,227,909

Number of Holdings *

499

* 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 SPY INRO
30 Days 3.03% 5.09%
60 Days 4.54% 6.25%
90 Days 6.26% 7.10%
12 Months 32.65%
349 Overlapping Holdings
Symbol Grade Weight in SPY Weight in INRO Overlap
A D 0.08% 0.05% 0.05%
AAPL C 6.89% 5.76% 5.76%
ABBV D 0.6% 0.39% 0.39%
ACGL D 0.07% 0.05% 0.05%
ACN C 0.45% 0.07% 0.07%
ADBE C 0.47% 0.32% 0.32%
ADI D 0.21% 0.22% 0.21%
ADP B 0.24% 0.29% 0.24%
ADSK A 0.13% 0.09% 0.09%
AEP D 0.1% 0.32% 0.1%
AES F 0.02% 0.03% 0.02%
AFL B 0.11% 0.09% 0.09%
AIG B 0.1% 0.09% 0.09%
AIZ A 0.02% 0.02% 0.02%
AJG B 0.13% 0.1% 0.1%
ALL A 0.1% 0.08% 0.08%
ALLE D 0.02% 0.08% 0.02%
AMAT F 0.31% 0.3% 0.3%
AMCR D 0.03% 0.07% 0.03%
AMD F 0.45% 0.47% 0.45%
AME A 0.09% 0.15% 0.09%
AMGN D 0.32% 0.2% 0.2%
AMP A 0.11% 0.19% 0.11%
AMT D 0.18% 0.11% 0.11%
AMZN C 3.92% 1.47% 1.47%
ANSS B 0.06% 0.05% 0.05%
AON A 0.16% 0.11% 0.11%
AOS F 0.02% 0.06% 0.02%
APA D 0.02% 0.01% 0.01%
APD A 0.14% 0.01% 0.01%
APH A 0.17% 0.19% 0.17%
ARE D 0.03% 0.04% 0.03%
ATO A 0.04% 0.05% 0.04%
AVB B 0.06% 0.01% 0.01%
AVGO D 1.58% 1.54% 1.54%
AVY D 0.03% 0.07% 0.03%
AXON A 0.09% 0.02% 0.02%
AXP A 0.32% 1.14% 0.32%
AZO C 0.11% 0.15% 0.11%
BA F 0.2% 0.04% 0.04%
BAC A 0.62% 0.81% 0.62%
BALL D 0.04% 0.08% 0.04%
BBY D 0.04% 0.05% 0.04%
BEN C 0.01% 0.03% 0.01%
BIIB F 0.05% 0.03% 0.03%
BK A 0.11% 0.11% 0.11%
BKR B 0.09% 0.07% 0.07%
BLDR D 0.04% 0.15% 0.04%
BMY B 0.24% 0.11% 0.11%
BR A 0.05% 0.08% 0.05%
BRK.A B 1.7% 0.06% 0.06%
BRO B 0.05% 0.04% 0.04%
BX A 0.26% 0.45% 0.26%
BXP D 0.02% 1.35% 0.02%
C A 0.26% 0.34% 0.26%
CARR D 0.13% 0.42% 0.13%
CAT B 0.37% 0.35% 0.35%
CB C 0.21% 0.17% 0.17%
CBOE B 0.04% 0.04% 0.04%
CBRE B 0.08% 0.87% 0.08%
CCI D 0.09% 0.06% 0.06%
CDNS B 0.16% 0.12% 0.12%
CDW F 0.05% 0.05% 0.05%
CEG D 0.14% 0.45% 0.14%
CFG B 0.04% 0.06% 0.04%
CHRW C 0.03% 0.0% 0.0%
CINF A 0.05% 0.04% 0.04%
CME A 0.16% 0.3% 0.16%
CMI A 0.1% 0.1% 0.1%
COF B 0.14% 0.48% 0.14%
COP C 0.26% 0.24% 0.24%
COST B 0.81% 0.47% 0.47%
CPRT A 0.1% 0.21% 0.1%
CPT B 0.03% 0.01% 0.01%
CRL C 0.02% 0.01% 0.01%
CRM B 0.64% 0.45% 0.45%
CRWD B 0.16% 0.12% 0.12%
CSGP D 0.06% 0.63% 0.06%
CSX B 0.14% 0.25% 0.14%
CTAS B 0.15% 0.34% 0.15%
CTLT B 0.02% 0.01% 0.01%
CTRA B 0.04% 0.03% 0.03%
CTSH B 0.08% 0.01% 0.01%
CTVA C 0.08% 0.01% 0.01%
CVX A 0.55% 0.5% 0.5%
DAL C 0.08% 0.03% 0.03%
DAY B 0.02% 0.03% 0.02%
DD D 0.07% 0.01% 0.01%
DE A 0.2% 0.2% 0.2%
DELL C 0.08% 0.07% 0.07%
DFS B 0.09% 0.29% 0.09%
DG F 0.03% 0.02% 0.02%
DHI D 0.1% 0.33% 0.1%
DHR F 0.31% 0.19% 0.19%
DLR B 0.11% 0.07% 0.07%
DLTR F 0.03% 0.01% 0.01%
DOC D 0.03% 0.03% 0.03%
DOV A 0.06% 0.05% 0.05%
DOW F 0.06% 0.01% 0.01%
DUK C 0.17% 0.54% 0.17%
DVN F 0.05% 0.04% 0.04%
EBAY D 0.06% 0.02% 0.02%
ECL D 0.12% 0.0% 0.0%
EFX F 0.06% 0.08% 0.06%
EG C 0.03% 0.03% 0.03%
EIX B 0.06% 0.21% 0.06%
EMR A 0.15% 0.24% 0.15%
ENPH F 0.02% 0.02% 0.02%
EOG A 0.15% 0.15% 0.15%
EPAM C 0.03% 0.01% 0.01%
EQIX A 0.17% 0.1% 0.1%
EQR B 0.05% 0.01% 0.01%
EQT B 0.05% 0.04% 0.04%
ERIE D 0.02% 0.02% 0.02%
ES D 0.04% 0.14% 0.04%
ESS B 0.04% 0.01% 0.01%
ETN A 0.29% 0.48% 0.29%
ETR B 0.06% 0.2% 0.06%
EVRG A 0.03% 0.11% 0.03%
EXC C 0.08% 0.25% 0.08%
EXPD D 0.03% 0.0% 0.0%
EXR D 0.07% 0.04% 0.04%
F C 0.09% 0.06% 0.06%
FANG D 0.07% 0.06% 0.06%
FAST B 0.09% 0.4% 0.09%
FCX D 0.12% 0.12% 0.12%
FDS B 0.04% 0.08% 0.04%
FDX B 0.13% 0.02% 0.02%
FE C 0.04% 0.15% 0.04%
FI A 0.24% 0.01% 0.01%
FICO B 0.11% 0.08% 0.08%
FIS C 0.1% 0.01% 0.01%
FITB A 0.06% 0.08% 0.06%
FSLR F 0.04% 0.04% 0.04%
FTNT C 0.12% 0.08% 0.08%
FTV C 0.05% 0.05% 0.05%
GD F 0.15% 0.03% 0.03%
GDDY A 0.05% 0.01% 0.01%
GE D 0.38% 0.08% 0.08%
GEN B 0.03% 0.02% 0.02%
GEV B 0.18% 0.31% 0.18%
GILD C 0.23% 0.14% 0.14%
GLW B 0.07% 0.09% 0.07%
GM B 0.13% 0.09% 0.09%
GOOG C 1.69% 2.72% 1.69%
GOOGL C 2.04% 3.13% 2.04%
GRMN B 0.06% 0.22% 0.06%
GS A 0.37% 0.64% 0.37%
GWW B 0.1% 0.44% 0.1%
HAL C 0.05% 0.04% 0.04%
HBAN A 0.05% 0.07% 0.05%
HD A 0.8% 1.17% 0.8%
HES B 0.08% 0.07% 0.07%
HIG B 0.07% 0.05% 0.05%
HII D 0.02% 0.0% 0.0%
HON B 0.3% 1.6% 0.3%
HPE B 0.06% 0.05% 0.05%
HPQ B 0.07% 0.06% 0.06%
HUBB B 0.05% 0.08% 0.05%
HWM A 0.09% 0.02% 0.02%
IBM C 0.38% 0.06% 0.06%
ICE C 0.18% 0.33% 0.18%
IEX B 0.03% 0.03% 0.03%
INCY C 0.02% 0.02% 0.02%
INTC D 0.21% 0.22% 0.21%
INTU C 0.39% 0.26% 0.26%
INVH D 0.04% 0.01% 0.01%
IP B 0.04% 0.09% 0.04%
IQV D 0.07% 0.05% 0.05%
IR B 0.08% 0.08% 0.08%
IRM D 0.07% 0.04% 0.04%
IT C 0.08% 0.02% 0.02%
ITW B 0.14% 0.15% 0.14%
J F 0.04% 0.04% 0.04%
JBHT C 0.03% 0.06% 0.03%
JBL B 0.03% 0.03% 0.03%
JCI C 0.11% 0.39% 0.11%
JNJ D 0.73% 0.37% 0.37%
JPM A 1.37% 1.74% 1.37%
KEY B 0.04% 0.05% 0.04%
KEYS A 0.05% 0.06% 0.05%
KKR A 0.2% 0.31% 0.2%
KLAC D 0.17% 0.17% 0.17%
KMI A 0.1% 0.1% 0.1%
KMX B 0.02% 0.03% 0.02%
KR B 0.08% 0.05% 0.05%
L A 0.03% 0.03% 0.03%
LDOS C 0.04% 0.05% 0.04%
LEN D 0.08% 0.28% 0.08%
LHX C 0.09% 0.02% 0.02%
LIN D 0.43% 0.03% 0.03%
LLY F 1.23% 0.57% 0.57%
LMT D 0.23% 0.05% 0.05%
LNT A 0.03% 0.11% 0.03%
LOW D 0.31% 0.43% 0.31%
LRCX F 0.19% 0.19% 0.19%
LUV C 0.04% 0.02% 0.02%
LYB F 0.04% 0.0% 0.0%
MA C 0.85% 0.04% 0.04%
MAA B 0.04% 0.01% 0.01%
MAS D 0.03% 0.12% 0.03%
MCHP D 0.07% 0.08% 0.07%
MCO B 0.15% 0.28% 0.15%
MET A 0.1% 0.08% 0.08%
META D 2.5% 3.68% 2.5%
MKTX D 0.02% 0.04% 0.02%
MLM B 0.07% 0.57% 0.07%
MMC B 0.22% 0.16% 0.16%
MMM D 0.14% 0.76% 0.14%
MO A 0.19% 0.41% 0.19%
MPC D 0.11% 0.1% 0.1%
MPWR F 0.06% 0.06% 0.06%
MRK F 0.5% 0.24% 0.24%
MRNA F 0.03% 0.02% 0.02%
MRO B 0.03% 0.03% 0.03%
MS A 0.33% 0.55% 0.33%
MSCI C 0.09% 0.16% 0.09%
MSFT F 6.3% 4.24% 4.24%
MTB A 0.07% 0.09% 0.07%
MTCH D 0.02% 0.02% 0.02%
MTD D 0.05% 0.03% 0.03%
MU D 0.22% 0.23% 0.22%
NDAQ A 0.06% 0.14% 0.06%
NDSN B 0.03% 0.03% 0.03%
NEE D 0.31% 0.97% 0.31%
NEM D 0.09% 0.11% 0.09%
NOC D 0.14% 0.03% 0.03%
NOW A 0.43% 0.3% 0.3%
NRG B 0.04% 0.12% 0.04%
NSC B 0.12% 0.22% 0.12%
NTAP C 0.05% 0.04% 0.04%
NTRS A 0.04% 0.1% 0.04%
NUE C 0.07% 0.01% 0.01%
NVDA C 7.17% 7.62% 7.17%
NVR D 0.06% 0.21% 0.06%
NXPI D 0.11% 0.12% 0.11%
ODFL B 0.08% 0.16% 0.08%
OKE A 0.13% 0.12% 0.12%
ON D 0.06% 0.06% 0.06%
ORCL B 0.59% 0.45% 0.45%
ORLY B 0.14% 0.21% 0.14%
OTIS C 0.08% 0.08% 0.08%
OXY D 0.07% 0.06% 0.06%
PANW C 0.25% 0.18% 0.18%
PAYC B 0.02% 0.03% 0.02%
PAYX C 0.09% 0.11% 0.09%
PCAR B 0.12% 0.11% 0.11%
PCG A 0.09% 0.26% 0.09%
PFE D 0.29% 0.14% 0.14%
PFG D 0.04% 0.04% 0.04%
PGR A 0.3% 0.23% 0.23%
PH A 0.18% 0.17% 0.17%
PHM D 0.05% 0.18% 0.05%
PKG A 0.04% 0.1% 0.04%
PLTR B 0.24% 0.18% 0.18%
PM B 0.4% 0.87% 0.4%
PNC B 0.16% 0.21% 0.16%
PNR A 0.03% 0.04% 0.03%
PPL B 0.05% 0.05% 0.05%
PRU A 0.09% 0.07% 0.07%
PSA D 0.1% 0.07% 0.07%
PSX C 0.11% 0.1% 0.1%
PTC A 0.05% 0.04% 0.04%
PWR A 0.09% 0.37% 0.09%
PYPL B 0.17% 0.01% 0.01%
QCOM F 0.36% 0.39% 0.36%
QRVO F 0.01% 0.01% 0.01%
REGN F 0.16% 0.11% 0.11%
RF A 0.05% 0.07% 0.05%
RJF A 0.06% 0.13% 0.06%
ROK B 0.06% 0.1% 0.06%
ROL B 0.03% 0.06% 0.03%
ROP B 0.12% 0.09% 0.09%
ROST C 0.09% 0.14% 0.09%
RSG A 0.08% 0.2% 0.08%
RTX C 0.31% 0.06% 0.06%
RVTY F 0.03% 0.02% 0.02%
SBAC D 0.05% 0.03% 0.03%
SCHW B 0.24% 0.41% 0.24%
SHW A 0.18% 0.01% 0.01%
SLB C 0.12% 0.09% 0.09%
SMCI F 0.02% 0.03% 0.02%
SNA A 0.04% 0.04% 0.04%
SNPS B 0.17% 0.12% 0.12%
SO D 0.19% 0.6% 0.19%
SPGI C 0.32% 0.55% 0.32%
STLD B 0.04% 0.01% 0.01%
STT A 0.06% 0.05% 0.05%
STX D 0.04% 0.03% 0.03%
SW A 0.05% 0.13% 0.05%
SWK D 0.03% 0.03% 0.03%
SWKS F 0.03% 0.03% 0.03%
SYF B 0.05% 0.18% 0.05%
SYY B 0.07% 0.04% 0.04%
TDG D 0.14% 0.03% 0.03%
TDY B 0.04% 0.04% 0.04%
TECH D 0.02% 0.01% 0.01%
TER D 0.03% 0.03% 0.03%
TFC A 0.12% 0.17% 0.12%
TGT F 0.14% 0.08% 0.08%
TJX A 0.27% 0.39% 0.27%
TMO F 0.4% 0.24% 0.24%
TMUS B 0.23% 4.56% 0.23%
TRGP B 0.08% 0.08% 0.08%
TRMB B 0.03% 0.04% 0.03%
TROW B 0.05% 0.05% 0.05%
TRV B 0.12% 0.09% 0.09%
TSCO D 0.06% 0.09% 0.06%
TSLA B 1.72% 1.32% 1.32%
TT A 0.18% 0.65% 0.18%
TXN C 0.37% 0.39% 0.37%
TXT D 0.03% 0.01% 0.01%
TYL B 0.05% 0.04% 0.04%
UBER D 0.3% 0.49% 0.3%
ULTA F 0.04% 0.05% 0.04%
UNH C 1.09% 0.01% 0.01%
UNP C 0.28% 0.54% 0.28%
UPS C 0.19% 0.04% 0.04%
URI B 0.11% 0.47% 0.11%
USB A 0.16% 0.2% 0.16%
V A 1.02% 0.04% 0.04%
VICI C 0.07% 0.05% 0.05%
VLO C 0.09% 0.08% 0.08%
VLTO D 0.05% 0.11% 0.05%
VMC B 0.07% 0.59% 0.07%
VRSK A 0.08% 0.09% 0.08%
VRSN F 0.03% 0.01% 0.01%
VRTX F 0.25% 0.15% 0.15%
VST B 0.09% 0.19% 0.09%
VTR C 0.05% 0.06% 0.05%
VTRS A 0.03% 0.01% 0.01%
WAB B 0.07% 0.07% 0.07%
WAT B 0.04% 0.03% 0.03%
WBA F 0.01% 0.0% 0.0%
WDC D 0.04% 0.04% 0.04%
WELL A 0.15% 0.18% 0.15%
WFC A 0.49% 0.64% 0.49%
WM A 0.16% 0.37% 0.16%
WMB A 0.13% 0.13% 0.13%
WMT A 0.73% 0.45% 0.45%
WRB A 0.04% 0.03% 0.03%
WST C 0.05% 0.03% 0.03%
WTW B 0.06% 0.05% 0.05%
WY D 0.04% 0.03% 0.03%
XEL A 0.08% 0.24% 0.08%
XOM B 1.06% 0.95% 0.95%
XYL D 0.06% 0.06% 0.06%
ZBRA B 0.04% 0.04% 0.04%
ZTS D 0.16% 0.08% 0.08%
SPY Overweight 150 Positions Relative to INRO
Symbol Grade Weight
PG A 0.78%
NFLX A 0.71%
KO D 0.48%
CSCO B 0.46%
PEP F 0.45%
MCD D 0.43%
ABT B 0.4%
DIS B 0.39%
ISRG A 0.38%
VZ C 0.34%
BKNG A 0.33%
CMCSA B 0.33%
T A 0.32%
BLK C 0.29%
BSX B 0.26%
SYK C 0.26%
MDT D 0.22%
SBUX A 0.22%
PLD D 0.21%
ANET C 0.2%
ELV F 0.19%
CI F 0.18%
NKE D 0.18%
MDLZ F 0.17%
MCK B 0.16%
CMG B 0.16%
MSI B 0.16%
CL D 0.15%
CVS D 0.14%
HCA F 0.13%
BDX F 0.13%
MAR B 0.13%
ABNB C 0.12%
HLT A 0.12%
SPG B 0.11%
RCL A 0.11%
SRE A 0.11%
O D 0.1%
PEG A 0.09%
KMB D 0.09%
KVUE A 0.09%
D C 0.09%
GEHC F 0.08%
STZ D 0.08%
LULU C 0.08%
CHTR C 0.08%
YUM B 0.08%
EA A 0.08%
MNST C 0.08%
EW C 0.08%
COR B 0.08%
ED D 0.07%
RMD C 0.07%
HUM C 0.07%
IDXX F 0.07%
GIS D 0.07%
KDP D 0.07%
KHC F 0.06%
PPG F 0.06%
GPN B 0.06%
CAH B 0.06%
TTWO A 0.06%
DXCM D 0.06%
UAL A 0.06%
WEC A 0.06%
CNC D 0.06%
EXPE B 0.05%
IFF D 0.05%
AEE A 0.05%
CCL B 0.05%
DTE C 0.05%
ADM D 0.05%
CPAY A 0.05%
AWK D 0.05%
CHD B 0.05%
HSY F 0.05%
DECK A 0.05%
MOH F 0.04%
HOLX D 0.04%
TSN B 0.04%
PODD C 0.04%
MKC D 0.04%
CNP B 0.04%
LH C 0.04%
DRI B 0.04%
CMS C 0.04%
LYV A 0.04%
CLX B 0.04%
OMC C 0.04%
K A 0.04%
STE F 0.04%
WBD C 0.04%
ZBH C 0.04%
JNPR F 0.03%
CAG D 0.03%
TPR B 0.03%
UDR B 0.03%
AKAM D 0.03%
POOL C 0.03%
FFIV B 0.03%
APTV D 0.03%
EL F 0.03%
DPZ C 0.03%
CF B 0.03%
ALGN D 0.03%
NI A 0.03%
BAX D 0.03%
KIM A 0.03%
LVS C 0.03%
GPC D 0.03%
DGX A 0.03%
BWA D 0.02%
IVZ B 0.02%
CE F 0.02%
HAS D 0.02%
MOS F 0.02%
CZR F 0.02%
HSIC B 0.02%
RL B 0.02%
FRT B 0.02%
MGM D 0.02%
WYNN D 0.02%
CPB D 0.02%
HRL D 0.02%
TFX F 0.02%
SOLV C 0.02%
GL B 0.02%
LKQ D 0.02%
PNW B 0.02%
FOXA B 0.02%
IPG D 0.02%
NWSA B 0.02%
TAP C 0.02%
GNRC B 0.02%
LW C 0.02%
NCLH B 0.02%
EMN D 0.02%
SJM D 0.02%
UHS D 0.02%
ALB C 0.02%
REG B 0.02%
HST C 0.02%
BG F 0.02%
JKHY D 0.02%
NWS B 0.01%
FOX A 0.01%
PARA C 0.01%
FMC D 0.01%
DVA B 0.01%
MHK D 0.01%
SPY Underweight 80 Positions Relative to INRO
Symbol Grade Weight
Z A -0.25%
WCN A -0.21%
COIN C -0.2%
EME C -0.19%
WSO A -0.16%
VRT B -0.16%
MRVL B -0.16%
LII A -0.14%
CSL C -0.14%
OC A -0.12%
ARES A -0.12%
ACM A -0.11%
APP B -0.1%
MSTR C -0.1%
LNG B -0.09%
LPLA A -0.08%
WDAY B -0.08%
MELI D -0.07%
DDOG A -0.06%
HOOD B -0.06%
TEAM A -0.06%
FBIN D -0.06%
TW A -0.06%
HUBS A -0.05%
CG A -0.05%
CCK C -0.05%
BURL A -0.05%
TPL A -0.05%
WSM B -0.05%
FCNCA A -0.05%
PINS D -0.05%
ALNY D -0.04%
MKL A -0.04%
BAH F -0.04%
TRU D -0.04%
MANH D -0.03%
DT C -0.03%
PSTG D -0.03%
ZS C -0.03%
ILMN D -0.03%
GGG B -0.03%
ENTG D -0.03%
SNAP C -0.03%
ZM B -0.03%
SSNC B -0.03%
DKS C -0.03%
KNX B -0.03%
BMRN D -0.02%
NBIX C -0.02%
TTC D -0.02%
DINO D -0.02%
SEIC B -0.02%
AVTR F -0.02%
ALLY C -0.02%
AFG A -0.02%
UHAL D -0.02%
IOT A -0.02%
UTHR C -0.02%
BBWI D -0.02%
CNH C -0.02%
OVV B -0.02%
DOCU A -0.02%
GLPI C -0.02%
SUI D -0.01%
ACI C -0.01%
MDB C -0.01%
RS B -0.01%
HEI B -0.01%
RPRX D -0.01%
TWLO A -0.01%
BIO D -0.01%
NET B -0.01%
APO B -0.01%
RIVN F -0.01%
EXAS D -0.01%
SNOW C -0.01%
CHRD D -0.01%
BSY D -0.01%
FNF B -0.0%
HEI B -0.0%
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