ACWI vs. INRO ETF Comparison

Comparison of iShares MSCI ACWI Index Fund (ACWI) to BlackRock U.S. Industry Rotation ETF (INRO)

ACWI

iShares MSCI ACWI Index Fund

ACWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index. The fund invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. Components primarily include consumer discretionary, consumer staples, energy, financial, industrials and information technology companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$119.75

Average Daily Volume

1,813,051

Number of Holdings ^*

616

* 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

$28.19

Average Daily Volume

3,682

Number of Holdings ^*

423

* may have additional holdings in another (foreign) market

Performance

Period	ACWI	INRO
30 Days	0.19%	3.09%
60 Days	3.05%	7.53%
90 Days	4.31%	8.17%
12 Months	26.21%

425 Overlapping Holdings

	Symbol	Grade	Weight in ACWI	Weight in INRO	Overlap
	A	F	0.05%	0.05%	0.05%
	AAPL	C	4.15%	5.57%	4.15%
	ABBV	F	0.44%	0.4%	0.4%
	ACGL	C	0.05%	0.06%	0.05%
	ACI	C	0.01%	0.01%	0.01%
	ACM	B	0.02%	0.11%	0.02%
	ACN	B	0.28%	0.07%	0.07%
	ADBE	C	0.28%	0.32%	0.28%
	ADI	D	0.14%	0.23%	0.14%
	ADP	A	0.16%	0.29%	0.16%
	ADSK	B	0.08%	0.1%	0.08%
	AEP	D	0.06%	0.31%	0.06%
	AES	F	0.01%	0.03%	0.01%
	AFG	A	0.01%	0.02%	0.01%
	AFL	C	0.07%	0.09%	0.07%
	AIG	B	0.06%	0.08%	0.06%
	AIZ	A	0.01%	0.02%	0.01%
	AJG	A	0.08%	0.09%	0.08%
	ALL	B	0.06%	0.08%	0.06%
	ALLE	D	0.02%	0.09%	0.02%
	ALLY	C	0.01%	0.02%	0.01%
	ALNY	D	0.04%	0.05%	0.04%
	AMAT	F	0.2%	0.32%	0.2%
	AMCR	D	0.02%	0.07%	0.02%
	AMD	F	0.3%	0.49%	0.3%
	AME	A	0.05%	0.14%	0.05%
	AMGN	F	0.22%	0.22%	0.22%
	AMP	A	0.07%	0.17%	0.07%
	AMT	F	0.12%	0.11%	0.11%
	AMZN	A	2.45%	1.46%	1.46%
	ANSS	B	0.04%	0.05%	0.04%
	AON	B	0.1%	0.11%	0.1%
	AOS	F	0.01%	0.06%	0.01%
	APA	F	0.01%	0.01%	0.01%
	APD	B	0.09%	0.01%	0.01%
	APH	B	0.11%	0.19%	0.11%
	APO	B	0.08%	0.01%	0.01%
	APP	B	0.07%	0.08%	0.07%
	ARE	F	0.02%	0.04%	0.02%
	ARES	B	0.04%	0.11%	0.04%
	ATO	B	0.03%	0.05%	0.03%
	AVB	B	0.04%	0.01%	0.01%
	AVGO	C	1.02%	1.64%	1.02%
	AVTR	F	0.02%	0.02%	0.02%
	AVY	F	0.02%	0.07%	0.02%
	AXON	B	0.06%	0.02%	0.02%
	AXP	B	0.21%	1.14%	0.21%
	AZO	B	0.07%	0.15%	0.07%
	BA	F	0.14%	0.04%	0.04%
	BAC	A	0.4%	0.79%	0.4%
	BAH	C	0.03%	0.06%	0.03%
	BALL	D	0.02%	0.08%	0.02%
	BBWI	C	0.01%	0.02%	0.01%
	BBY	C	0.02%	0.05%	0.02%
	BEN	C	0.01%	0.03%	0.01%
	BIIB	F	0.03%	0.03%	0.03%
	BIO	C	0.01%	0.01%	0.01%
	BK	B	0.07%	0.11%	0.07%
	BKR	B	0.05%	0.07%	0.05%
	BLDR	C	0.03%	0.15%	0.03%
	BMRN	F	0.02%	0.02%	0.02%
	BMY	B	0.14%	0.12%	0.12%
	BR	A	0.04%	0.07%	0.04%
	BRK.A	B	0.77%	0.06%	0.06%
	BRO	B	0.03%	0.04%	0.03%
	BSY	F	0.01%	0.02%	0.01%
	BURL	C	0.02%	0.05%	0.02%
	BX	A	0.16%	0.42%	0.16%
	BXP	D	0.02%	1.38%	0.02%
	C	B	0.16%	0.34%	0.16%
	CARR	C	0.08%	0.42%	0.08%
	CAT	B	0.24%	0.36%	0.24%
	CB	C	0.14%	0.16%	0.14%
	CBOE	D	0.02%	0.04%	0.02%
	CBRE	B	0.05%	0.88%	0.05%
	CCI	F	0.06%	0.05%	0.05%
	CCK	D	0.01%	0.05%	0.01%
	CDNS	B	0.1%	0.12%	0.1%
	CDW	F	0.03%	0.06%	0.03%
	CEG	D	0.1%	0.45%	0.1%
	CFG	B	0.03%	0.05%	0.03%
	CG	B	0.01%	0.04%	0.01%
	CHRD	D	0.01%	0.01%	0.01%
	CINF	A	0.03%	0.04%	0.03%
	CME	B	0.1%	0.26%	0.1%
	CMI	A	0.06%	0.09%	0.06%
	CNH	D	0.01%	0.02%	0.01%
	COF	B	0.09%	0.49%	0.09%
	COIN	B	0.07%	0.2%	0.07%
	COP	C	0.16%	0.23%	0.16%
	COST	B	0.53%	0.46%	0.46%
	CPRT	A	0.06%	0.21%	0.06%
	CPT	C	0.02%	0.0%	0.0%
	CRL	C	0.01%	0.02%	0.01%
	CRM	B	0.39%	0.47%	0.39%
	CRWD	B	0.1%	0.11%	0.1%
	CSGP	F	0.04%	0.65%	0.04%
	CSL	B	0.03%	0.15%	0.03%
	CSX	B	0.09%	0.26%	0.09%
	CTAS	B	0.11%	0.34%	0.11%
	CTLT	D	0.01%	0.01%	0.01%
	CTRA	B	0.02%	0.03%	0.02%
	CTSH	A	0.05%	0.02%	0.02%
	CVX	A	0.34%	0.48%	0.34%
	DAL	A	0.01%	0.03%	0.01%
	DAY	B	0.01%	0.03%	0.01%
	DDOG	B	0.04%	0.05%	0.04%
	DE	D	0.13%	0.2%	0.13%
	DELL	C	0.05%	0.07%	0.05%
	DFS	B	0.06%	0.31%	0.06%
	DG	F	0.02%	0.01%	0.01%
	DHI	D	0.06%	0.33%	0.06%
	DHR	F	0.21%	0.2%	0.2%
	DINO	D	0.01%	0.01%	0.01%
	DKS	D	0.02%	0.03%	0.02%
	DLR	C	0.07%	0.07%	0.07%
	DLTR	F	0.02%	0.01%	0.01%
	DOC	C	0.02%	0.03%	0.02%
	DOCU	B	0.02%	0.02%	0.02%
	DOV	A	0.04%	0.06%	0.04%
	DT	C	0.02%	0.03%	0.02%
	DUK	D	0.11%	0.53%	0.11%
	DVN	F	0.03%	0.04%	0.03%
	EBAY	C	0.04%	0.02%	0.02%
	EFX	F	0.04%	0.08%	0.04%
	EG	D	0.02%	0.03%	0.02%
	EIX	C	0.04%	0.2%	0.04%
	EME	B	0.03%	0.19%	0.03%
	EMR	A	0.09%	0.24%	0.09%
	ENPH	F	0.01%	0.02%	0.01%
	ENTG	F	0.02%	0.03%	0.02%
	EOG	A	0.1%	0.14%	0.1%
	EPAM	B	0.02%	0.01%	0.01%
	EQIX	B	0.11%	0.1%	0.1%
	EQR	C	0.03%	0.01%	0.01%
	EQT	B	0.03%	0.04%	0.03%
	ERIE	F	0.01%	0.02%	0.01%
	ES	D	0.03%	0.13%	0.03%
	ESS	C	0.02%	0.01%	0.01%
	ETN	B	0.18%	0.48%	0.18%
	ETR	B	0.04%	0.2%	0.04%
	EVRG	A	0.02%	0.1%	0.02%
	EXAS	F	0.01%	0.01%	0.01%
	EXC	C	0.05%	0.24%	0.05%
	EXPD	C	0.02%	0.0%	0.0%
	EXR	D	0.04%	0.04%	0.04%
	F	C	0.05%	0.06%	0.05%
	FANG	C	0.04%	0.06%	0.04%
	FAST	B	0.06%	0.41%	0.06%
	FBIN	F	0.01%	0.07%	0.01%
	FCNCA	B	0.03%	0.05%	0.03%
	FCX	F	0.08%	0.11%	0.08%
	FDS	A	0.02%	0.07%	0.02%
	FDX	B	0.08%	0.02%	0.02%
	FE	D	0.03%	0.15%	0.03%
	FI	A	0.16%	0.01%	0.01%
	FICO	B	0.07%	0.08%	0.07%
	FIS	B	0.06%	0.01%	0.01%
	FITB	A	0.04%	0.08%	0.04%
	FNF	C	0.02%	0.0%	0.0%
	FSLR	F	0.02%	0.04%	0.02%
	FTNT	B	0.07%	0.09%	0.07%
	FTV	C	0.03%	0.05%	0.03%
	GD	C	0.09%	0.03%	0.03%
	GDDY	B	0.03%	0.01%	0.01%
	GE	D	0.26%	0.08%	0.08%
	GEN	B	0.02%	0.03%	0.02%
	GEV	B	0.12%	0.31%	0.12%
	GGG	B	0.02%	0.03%	0.02%
	GILD	B	0.15%	0.16%	0.15%
	GLPI	D	0.02%	0.02%	0.02%
	GLW	B	0.05%	0.09%	0.05%
	GM	B	0.08%	0.09%	0.08%
	GOOG	C	1.14%	2.71%	1.14%
	GOOGL	C	1.32%	3.12%	1.32%
	GRMN	A	0.04%	0.22%	0.04%
	GS	B	0.24%	0.62%	0.24%
	GWW	B	0.07%	0.46%	0.07%
	HAL	C	0.03%	0.04%	0.03%
	HBAN	A	0.03%	0.07%	0.03%
	HD	B	0.51%	1.16%	0.51%
	HEI	A	0.02%	0.01%	0.01%
	HEI	A	0.02%	0.0%	0.0%
	HEI	A	0.02%	0.0%	0.0%
	HEI	A	0.02%	0.01%	0.01%
	HES	B	0.05%	0.07%	0.05%
	HIG	C	0.05%	0.05%	0.05%
	HII	F	0.01%	0.0%	0.0%
	HON	B	0.18%	1.56%	0.18%
	HOOD	B	0.02%	0.05%	0.02%
	HPE	B	0.04%	0.05%	0.04%
	HPQ	B	0.04%	0.06%	0.04%
	HUBB	C	0.03%	0.08%	0.03%
	HUBS	B	0.04%	0.05%	0.04%
	HWM	B	0.06%	0.02%	0.02%
	IBM	D	0.25%	0.06%	0.06%
	ICE	C	0.11%	0.29%	0.11%
	IEX	B	0.02%	0.03%	0.02%
	ILMN	C	0.03%	0.03%	0.03%
	INCY	B	0.02%	0.02%	0.02%
	INTC	C	0.14%	0.22%	0.14%
	INTU	A	0.24%	0.28%	0.24%
	INVH	D	0.03%	0.01%	0.01%
	IOT	B	0.01%	0.02%	0.01%
	IP	B	0.02%	0.09%	0.02%
	IQV	F	0.05%	0.05%	0.05%
	IR	A	0.05%	0.08%	0.05%
	IRM	D	0.04%	0.04%	0.04%
	IT	B	0.05%	0.02%	0.02%
	ITW	B	0.1%	0.15%	0.1%
	J	D	0.02%	0.04%	0.02%
	JBHT	C	0.02%	0.06%	0.02%
	JBL	C	0.02%	0.03%	0.02%
	JCI	A	0.07%	0.4%	0.07%
	JNJ	D	0.47%	0.36%	0.36%
	JPM	A	0.86%	1.68%	0.86%
	KEY	B	0.02%	0.05%	0.02%
	KEYS	C	0.04%	0.06%	0.04%
	KKR	B	0.12%	0.31%	0.12%
	KLAC	F	0.12%	0.18%	0.12%
	KMI	B	0.07%	0.1%	0.07%
	KMX	B	0.01%	0.04%	0.01%
	KNX	C	0.01%	0.04%	0.01%
	KR	A	0.05%	0.05%	0.05%
	L	A	0.02%	0.03%	0.02%
	LDOS	C	0.03%	0.06%	0.03%
	LEN	D	0.05%	0.28%	0.05%
	LHX	B	0.06%	0.02%	0.02%
	LII	B	0.03%	0.14%	0.03%
	LIN	D	0.28%	0.02%	0.02%
	LLY	F	0.84%	0.64%	0.64%
	LMT	D	0.15%	0.05%	0.05%
	LNG	B	0.06%	0.09%	0.06%
	LNT	C	0.02%	0.1%	0.02%
	LOW	B	0.19%	0.45%	0.19%
	LPLA	A	0.03%	0.07%	0.03%
	LRCX	F	0.13%	0.21%	0.13%
	LUV	B	0.01%	0.01%	0.01%
	MA	B	0.55%	0.04%	0.04%
	MAA	C	0.02%	0.01%	0.01%
	MANH	C	0.02%	0.03%	0.02%
	MAS	D	0.02%	0.12%	0.02%
	MCHP	F	0.05%	0.08%	0.05%
	MCO	C	0.1%	0.26%	0.1%
	MDB	C	0.03%	0.01%	0.01%
	MELI	D	0.11%	0.07%	0.07%
	MET	C	0.06%	0.08%	0.06%
	META	B	1.62%	3.77%	1.62%
	MKL	A	0.03%	0.04%	0.03%
	MKTX	C	0.01%	0.03%	0.01%
	MLM	B	0.05%	0.59%	0.05%
	MMC	D	0.14%	0.16%	0.14%
	MMM	C	0.09%	0.78%	0.09%
	MO	A	0.12%	0.39%	0.12%
	MPC	D	0.07%	0.1%	0.07%
	MPWR	F	0.05%	0.06%	0.05%
	MRK	F	0.33%	0.24%	0.24%
	MRNA	F	0.02%	0.02%	0.02%
	MRO	B	0.02%	0.03%	0.02%
	MRVL	B	0.1%	0.17%	0.1%
	MS	A	0.2%	0.52%	0.2%
	MSCI	B	0.06%	0.15%	0.06%
	MSFT	C	3.75%	4.18%	3.75%
	MSTR	B	0.05%	0.08%	0.05%
	MTB	A	0.04%	0.09%	0.04%
	MTCH	F	0.01%	0.02%	0.01%
	MTD	F	0.03%	0.04%	0.03%
	MU	D	0.16%	0.25%	0.16%
	NBIX	C	0.02%	0.02%	0.02%
	NDAQ	B	0.04%	0.12%	0.04%
	NDSN	B	0.02%	0.03%	0.02%
	NEE	D	0.2%	0.94%	0.2%
	NEM	F	0.06%	0.11%	0.06%
	NET	B	0.03%	0.01%	0.01%
	NOC	D	0.09%	0.03%	0.03%
	NOW	A	0.26%	0.3%	0.26%
	NRG	C	0.03%	0.12%	0.03%
	NSC	B	0.08%	0.23%	0.08%
	NTAP	D	0.03%	0.04%	0.03%
	NTRS	A	0.03%	0.08%	0.03%
	NUE	D	0.05%	0.01%	0.01%
	NVDA	A	4.57%	7.42%	4.57%
	NVR	D	0.04%	0.22%	0.04%
	NXPI	F	0.07%	0.12%	0.07%
	OC	A	0.02%	0.11%	0.02%
	ODFL	B	0.06%	0.17%	0.06%
	OKE	A	0.08%	0.11%	0.08%
	ON	F	0.04%	0.06%	0.04%
	ORCL	A	0.39%	0.44%	0.39%
	ORLY	A	0.09%	0.21%	0.09%
	OTIS	D	0.05%	0.08%	0.05%
	OVV	C	0.01%	0.02%	0.01%
	OXY	F	0.04%	0.06%	0.04%
	PANW	B	0.16%	0.18%	0.16%
	PAYC	B	0.01%	0.03%	0.01%
	PAYX	B	0.06%	0.11%	0.06%
	PCAR	B	0.07%	0.11%	0.07%
	PCG	A	0.05%	0.26%	0.05%
	PFE	F	0.19%	0.14%	0.14%
	PFG	C	0.03%	0.04%	0.03%
	PGR	A	0.19%	0.23%	0.19%
	PH	A	0.11%	0.17%	0.11%
	PHM	D	0.04%	0.19%	0.04%
	PINS	F	0.02%	0.05%	0.02%
	PKG	B	0.03%	0.1%	0.03%
	PLTR	B	0.15%	0.17%	0.15%
	PM	B	0.24%	0.83%	0.24%
	PNC	B	0.1%	0.2%	0.1%
	PNR	A	0.02%	0.04%	0.02%
	PPL	A	0.03%	0.05%	0.03%
	PRU	B	0.06%	0.07%	0.06%
	PSA	D	0.07%	0.07%	0.07%
	PSTG	D	0.02%	0.03%	0.02%
	PSX	C	0.07%	0.1%	0.07%
	PTC	B	0.03%	0.04%	0.03%
	PWR	B	0.06%	0.37%	0.06%
	PYPL	A	0.1%	0.01%	0.01%
	QCOM	F	0.24%	0.39%	0.24%
	QRVO	F	0.01%	0.01%	0.01%
	REGN	F	0.11%	0.12%	0.11%
	RF	A	0.03%	0.07%	0.03%
	RIVN	F	0.01%	0.01%	0.01%
	RJF	A	0.04%	0.11%	0.04%
	ROK	B	0.04%	0.1%	0.04%
	ROL	C	0.02%	0.06%	0.02%
	ROP	A	0.08%	0.09%	0.08%
	ROST	D	0.06%	0.14%	0.06%
	RPRX	F	0.01%	0.01%	0.01%
	RS	C	0.02%	0.01%	0.01%
	RSG	B	0.06%	0.2%	0.06%
	RTX	D	0.21%	0.07%	0.07%
	RVTY	C	0.02%	0.02%	0.02%
	SBAC	D	0.03%	0.03%	0.03%
	SCHW	B	0.14%	0.37%	0.14%
	SEIC	A	0.01%	0.02%	0.01%
	SHW	A	0.12%	0.01%	0.01%
	SLB	C	0.08%	0.09%	0.08%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.03%	0.04%	0.03%
	SNAP	C	0.02%	0.04%	0.02%
	SNOW	C	0.05%	0.01%	0.01%
	SNPS	C	0.11%	0.12%	0.11%
	SO	D	0.12%	0.59%	0.12%
	SPGI	C	0.2%	0.52%	0.2%
	SSNC	C	0.02%	0.03%	0.02%
	STLD	C	0.03%	0.01%	0.01%
	STT	B	0.04%	0.05%	0.04%
	STX	D	0.03%	0.04%	0.03%
	SUI	F	0.02%	0.01%	0.01%
	SW	B	0.04%	0.12%	0.04%
	SWK	F	0.02%	0.03%	0.02%
	SWKS	F	0.02%	0.03%	0.02%
	SYF	B	0.03%	0.18%	0.03%
	SYY	D	0.05%	0.04%	0.04%
	TDG	D	0.1%	0.03%	0.03%
	TDY	B	0.03%	0.05%	0.03%
	TEAM	B	0.05%	0.06%	0.05%
	TECH	D	0.01%	0.02%	0.01%
	TER	F	0.02%	0.03%	0.02%
	TFC	B	0.08%	0.15%	0.08%
	TGT	C	0.09%	0.08%	0.08%
	TJX	A	0.17%	0.38%	0.17%
	TMO	F	0.26%	0.26%	0.26%
	TMUS	A	0.16%	4.59%	0.16%
	TPL	B	0.03%	0.05%	0.03%
	TRGP	B	0.05%	0.07%	0.05%
	TRMB	B	0.02%	0.04%	0.02%
	TROW	A	0.03%	0.05%	0.03%
	TRU	D	0.03%	0.05%	0.03%
	TRV	B	0.07%	0.09%	0.07%
	TSCO	D	0.04%	0.09%	0.04%
	TSLA	B	1.16%	1.32%	1.16%
	TT	B	0.12%	0.65%	0.12%
	TTC	F	0.01%	0.02%	0.01%
	TW	B	0.02%	0.05%	0.02%
	TWLO	B	0.02%	0.01%	0.01%
	TXN	B	0.25%	0.41%	0.25%
	TXT	D	0.02%	0.01%	0.01%
	TYL	B	0.03%	0.04%	0.03%
	UBER	F	0.17%	0.5%	0.17%
	UHAL	D	0.01%	0.02%	0.01%
	ULTA	C	0.02%	0.05%	0.02%
	UNH	B	0.71%	0.01%	0.01%
	UNP	D	0.19%	0.55%	0.19%
	UPS	C	0.12%	0.03%	0.03%
	URI	B	0.07%	0.5%	0.07%
	USB	B	0.1%	0.2%	0.1%
	UTHR	B	0.02%	0.02%	0.02%
	V	A	0.61%	0.04%	0.04%
	VICI	D	0.04%	0.05%	0.04%
	VLO	C	0.06%	0.08%	0.06%
	VLTO	D	0.03%	0.11%	0.03%
	VMC	B	0.05%	0.61%	0.05%
	VRSK	A	0.05%	0.09%	0.05%
	VRSN	C	0.02%	0.01%	0.01%
	VRT	B	0.06%	0.14%	0.06%
	VRTX	B	0.17%	0.17%	0.17%
	VST	B	0.06%	0.17%	0.06%
	VTR	C	0.03%	0.06%	0.03%
	VTRS	B	0.02%	0.01%	0.01%
	WAB	B	0.04%	0.07%	0.04%
	WAT	B	0.03%	0.03%	0.03%
	WBA	D	0.01%	0.01%	0.01%
	WCN	A	0.06%	0.2%	0.06%
	WDAY	B	0.07%	0.08%	0.07%
	WDC	D	0.03%	0.04%	0.03%
	WELL	B	0.1%	0.18%	0.1%
	WFC	A	0.31%	0.62%	0.31%
	WM	A	0.11%	0.37%	0.11%
	WMB	B	0.09%	0.12%	0.09%
	WMT	A	0.47%	0.41%	0.41%
	WRB	B	0.02%	0.03%	0.02%
	WSM	F	0.02%	0.05%	0.02%
	WSO	B	0.02%	0.16%	0.02%
	WST	B	0.03%	0.03%	0.03%
	WTW	A	0.04%	0.05%	0.04%
	WY	F	0.03%	0.03%	0.03%
	XEL	A	0.05%	0.23%	0.05%
	XOM	B	0.68%	0.95%	0.68%
	XYL	F	0.04%	0.06%	0.04%
	Z	B	0.02%	0.25%	0.02%
	ZBRA	B	0.03%	0.04%	0.03%
	ZM	B	0.02%	0.04%	0.02%
	ZS	B	0.02%	0.03%	0.02%
	ZTS	D	0.1%	0.08%	0.08%

ACWI Overweight 193 Positions Relative to INRO

	Symbol	Grade	Weight
	PG	C	0.5%
	NFLX	A	0.43%
	KO	F	0.33%
	CSCO	A	0.29%
	PEP	D	0.28%
	MCD	C	0.27%
	ABT	C	0.25%
	ISRG	A	0.24%
	TM	F	0.23%
	DIS	B	0.23%
	BABA	D	0.23%
	CMCSA	B	0.22%
	BKNG	A	0.21%
	VZ	D	0.21%
	T	A	0.2%
	BLK	A	0.19%
	BSX	A	0.17%
	MUFG	A	0.16%
	SYK	A	0.16%
	SBUX	B	0.14%
	MDT	D	0.14%
	SONY	C	0.14%
	PLD	D	0.13%
	ANET	C	0.13%
	NKE	F	0.12%
	ELV	F	0.12%
	MSI	B	0.11%
	SMFG	A	0.11%
	HDB	C	0.11%
	MDLZ	F	0.11%
	CI	D	0.11%
	CMG	B	0.1%
	IBN	C	0.1%
	MCK	B	0.1%
	BDX	F	0.09%
	CVS	F	0.09%
	MAR	A	0.09%
	HCA	D	0.09%
	CRH	B	0.09%
	CL	F	0.09%
	SRE	B	0.08%
	HLT	A	0.08%
	ECL	C	0.08%
	MFG	A	0.07%
	DASH	A	0.07%
	RCL	A	0.07%
	TTD	B	0.07%
	ABNB	C	0.07%
	SPG	A	0.07%
	KMB	D	0.06%
	FLUT	A	0.06%
	KVUE	A	0.06%
	TEL	B	0.06%
	D	D	0.06%
	O	D	0.06%
	LULU	B	0.05%
	IDXX	F	0.05%
	GIS	F	0.05%
	GEHC	D	0.05%
	CHTR	B	0.05%
	RMD	C	0.05%
	STZ	D	0.05%
	KDP	C	0.05%
	YUM	B	0.05%
	EW	F	0.05%
	MNST	B	0.05%
	EA	A	0.05%
	CTVA	C	0.05%
	SQ	B	0.05%
	HMC	F	0.05%
	PEG	C	0.05%
	FERG	B	0.05%
	COR	B	0.05%
	DXCM	C	0.04%
	PPG	F	0.04%
	TTWO	A	0.04%
	GPN	B	0.04%
	KHC	F	0.04%
	WEC	B	0.04%
	CAH	B	0.04%
	CNC	F	0.04%
	ED	D	0.04%
	DOW	F	0.04%
	HUM	D	0.04%
	TCOM	C	0.04%
	DD	D	0.04%
	VEEV	B	0.04%
	LYV	A	0.03%
	LH	B	0.03%
	CNP	B	0.03%
	DRI	B	0.03%
	COO	D	0.03%
	WBD	B	0.03%
	OMC	A	0.03%
	STE	D	0.03%
	ZBH	C	0.03%
	K	A	0.03%
	LYB	F	0.03%
	IFF	F	0.03%
	EXPE	B	0.03%
	DTE	D	0.03%
	CCL	B	0.03%
	RBLX	B	0.03%
	CPAY	A	0.03%
	BIDU	F	0.03%
	HSY	F	0.03%
	CHD	A	0.03%
	ADM	F	0.03%
	AWK	D	0.03%
	DECK	B	0.03%
	AEE	B	0.03%
	JNPR	D	0.02%
	AMH	C	0.02%
	BG	D	0.02%
	ELS	B	0.02%
	REG	A	0.02%
	HST	D	0.02%
	OKTA	C	0.02%
	UHS	D	0.02%
	CHRW	A	0.02%
	UDR	C	0.02%
	TOST	A	0.02%
	WPC	F	0.02%
	AKAM	F	0.02%
	JKHY	C	0.02%
	CAG	F	0.02%
	CHT	D	0.02%
	EL	F	0.02%
	POOL	D	0.02%
	FFIV	B	0.02%
	NI	A	0.02%
	LI	F	0.02%
	CF	B	0.02%
	ALGN	D	0.02%
	APTV	F	0.02%
	DPZ	C	0.02%
	FWONK	A	0.02%
	TSN	B	0.02%
	KIM	A	0.02%
	UMC	F	0.02%
	BAX	F	0.02%
	DKNG	B	0.02%
	RPM	A	0.02%
	GPC	D	0.02%
	LVS	C	0.02%
	DGX	B	0.02%
	NMR	B	0.02%
	EQH	B	0.02%
	YUMC	C	0.02%
	CMS	D	0.02%
	EXE	A	0.02%
	MKC	D	0.02%
	PODD	B	0.02%
	MOH	F	0.02%
	HOLX	D	0.02%
	CLX	A	0.02%
	MBAVU	C	0.01%
	CELH	F	0.01%
	WLK	F	0.01%
	BILI	C	0.01%
	FOX	A	0.01%
	H	B	0.01%
	PARA	B	0.01%
	AGCO	F	0.01%
	AZPN	A	0.01%
	NIO	F	0.01%
	XPEV	C	0.01%
	DVA	C	0.01%
	TME	F	0.01%
	WIT	B	0.01%
	MOS	D	0.01%
	WYNN	C	0.01%
	HSIC	F	0.01%
	HRL	F	0.01%
	MGM	D	0.01%
	CE	F	0.01%
	WTRG	C	0.01%
	NLY	C	0.01%
	ROKU	C	0.01%
	TFX	F	0.01%
	CPB	F	0.01%
	FOXA	A	0.01%
	LKQ	C	0.01%
	BGNE	D	0.01%
	SOLV	C	0.01%
	TAP	B	0.01%
	ALB	C	0.01%
	EMN	D	0.01%
	LW	B	0.01%
	SJM	F	0.01%
	IPG	F	0.01%
	NWSA	B	0.01%
	MNSO	D	0.0%

ACWI Underweight 0 Positions Relative to INRO

	Symbol	Grade	Weight

ACWI: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Dow Jones Component Telecommunications Bank Chemical Aerospace Real Estate Investment Trust Banking Medicine Semiconductor Cloud Computing Transport Mining IBD 50

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 Bank Semiconductor Banking Chemical Cloud Computing Insurance Products Mining Petroleum Industry Investment Bank Real Estate Investment Trust Telecommunications