EUSA vs. INRO ETF Comparison

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

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$101.24

Average Daily Volume

45,044

Number of Holdings ^*

591

* 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	EUSA	INRO
30 Days	5.56%	5.09%
60 Days	6.51%	6.25%
90 Days	8.86%	7.10%
12 Months	32.13%

431 Overlapping Holdings

Symbol	Grade	Weight in EUSA	Weight in INRO	Overlap
A	D	0.14%	0.05%	0.05%
AAPL	C	0.16%	5.76%	0.16%
ABBV	D	0.13%	0.39%	0.13%
ACGL	D	0.15%	0.05%	0.05%
ACI	C	0.15%	0.01%	0.01%
ACM	A	0.18%	0.11%	0.11%
ACN	C	0.16%	0.07%	0.07%
ADBE	C	0.14%	0.32%	0.14%
ADI	D	0.15%	0.22%	0.15%
ADP	B	0.18%	0.29%	0.18%
ADSK	A	0.19%	0.09%	0.09%
AEP	D	0.16%	0.32%	0.16%
AES	F	0.12%	0.03%	0.03%
AFG	A	0.17%	0.02%	0.02%
AFL	B	0.18%	0.09%	0.09%
AIG	B	0.17%	0.09%	0.09%
AIZ	A	0.2%	0.02%	0.02%
AJG	B	0.16%	0.1%	0.1%
ALL	A	0.17%	0.08%	0.08%
ALLE	D	0.16%	0.08%	0.08%
ALLY	C	0.14%	0.02%	0.02%
ALNY	D	0.13%	0.04%	0.04%
AMAT	F	0.13%	0.3%	0.13%
AMCR	D	0.14%	0.07%	0.07%
AMD	F	0.14%	0.47%	0.14%
AME	A	0.18%	0.15%	0.15%
AMGN	D	0.13%	0.2%	0.13%
AMP	A	0.2%	0.19%	0.19%
AMT	D	0.14%	0.11%	0.11%
AMZN	C	0.18%	1.47%	0.18%
ANSS	B	0.16%	0.05%	0.05%
AON	A	0.18%	0.11%	0.11%
AOS	F	0.14%	0.06%	0.06%
APA	D	0.12%	0.01%	0.01%
APD	A	0.19%	0.01%	0.01%
APH	A	0.17%	0.19%	0.17%
APO	B	0.26%	0.01%	0.01%
APP	B	0.58%	0.1%	0.1%
ARE	D	0.14%	0.04%	0.04%
ARES	A	0.19%	0.12%	0.12%
ATO	A	0.18%	0.05%	0.05%
AVB	B	0.17%	0.01%	0.01%
AVGO	D	0.16%	1.54%	0.16%
AVTR	F	0.12%	0.02%	0.02%
AVY	D	0.15%	0.07%	0.07%
AXON	A	0.26%	0.02%	0.02%
AXP	A	0.18%	1.14%	0.18%
AZO	C	0.15%	0.15%	0.15%
BA	F	0.13%	0.04%	0.04%
BAC	A	0.19%	0.81%	0.19%
BAH	F	0.14%	0.04%	0.04%
BALL	D	0.15%	0.08%	0.08%
BBWI	D	0.15%	0.02%	0.02%
BBY	D	0.16%	0.05%	0.05%
BEN	C	0.15%	0.03%	0.03%
BIIB	F	0.12%	0.03%	0.03%
BIO	D	0.16%	0.01%	0.01%
BK	A	0.19%	0.11%	0.11%
BKR	B	0.2%	0.07%	0.07%
BLDR	D	0.17%	0.15%	0.15%
BMRN	D	0.1%	0.02%	0.02%
BMY	B	0.19%	0.11%	0.11%
BR	A	0.17%	0.08%	0.08%
BRK.A	B	0.17%	0.06%	0.06%
BRO	B	0.17%	0.04%	0.04%
BSY	D	0.15%	0.01%	0.01%
BURL	A	0.16%	0.05%	0.05%
BX	A	0.22%	0.45%	0.22%
BXP	D	0.18%	1.35%	0.18%
C	A	0.18%	0.34%	0.18%
CARR	D	0.17%	0.42%	0.17%
CAT	B	0.18%	0.35%	0.18%
CB	C	0.17%	0.17%	0.17%
CBOE	B	0.16%	0.04%	0.04%
CBRE	B	0.19%	0.87%	0.19%
CCI	D	0.15%	0.06%	0.06%
CCK	C	0.16%	0.05%	0.05%
CDNS	B	0.17%	0.12%	0.12%
CDW	F	0.12%	0.05%	0.05%
CEG	D	0.19%	0.45%	0.19%
CFG	B	0.18%	0.06%	0.06%
CG	A	0.2%	0.05%	0.05%
CHRD	D	0.14%	0.01%	0.01%
CHRW	C	0.17%	0.0%	0.0%
CINF	A	0.19%	0.04%	0.04%
CME	A	0.17%	0.3%	0.17%
CMI	A	0.19%	0.1%	0.1%
CNH	C	0.18%	0.02%	0.02%
COF	B	0.2%	0.48%	0.2%
COIN	C	0.26%	0.2%	0.2%
COP	C	0.16%	0.24%	0.16%
COST	B	0.17%	0.47%	0.17%
CPRT	A	0.17%	0.21%	0.17%
CPT	B	0.16%	0.01%	0.01%
CRL	C	0.14%	0.01%	0.01%
CRM	B	0.2%	0.45%	0.2%
CRWD	B	0.21%	0.12%	0.12%
CSGP	D	0.15%	0.63%	0.15%
CSL	C	0.17%	0.14%	0.14%
CSX	B	0.16%	0.25%	0.16%
CTAS	B	0.17%	0.34%	0.17%
CTLT	B	0.16%	0.01%	0.01%
CTRA	B	0.17%	0.03%	0.03%
CTSH	B	0.16%	0.01%	0.01%
CTVA	C	0.17%	0.01%	0.01%
CVX	A	0.17%	0.5%	0.17%
DAL	C	0.26%	0.03%	0.03%
DAY	B	0.21%	0.03%	0.03%
DD	D	0.16%	0.01%	0.01%
DDOG	A	0.18%	0.06%	0.06%
DE	A	0.17%	0.2%	0.17%
DELL	C	0.19%	0.07%	0.07%
DFS	B	0.2%	0.29%	0.2%
DG	F	0.1%	0.02%	0.02%
DHI	D	0.14%	0.33%	0.14%
DHR	F	0.13%	0.19%	0.13%
DINO	D	0.14%	0.02%	0.02%
DKS	C	0.14%	0.03%	0.03%
DLR	B	0.2%	0.07%	0.07%
DLTR	F	0.1%	0.01%	0.01%
DOC	D	0.16%	0.03%	0.03%
DOCU	A	0.22%	0.02%	0.02%
DOV	A	0.17%	0.05%	0.05%
DOW	F	0.13%	0.01%	0.01%
DT	C	0.16%	0.03%	0.03%
DUK	C	0.16%	0.54%	0.16%
DVN	F	0.14%	0.04%	0.04%
EBAY	D	0.17%	0.02%	0.02%
ECL	D	0.16%	0.0%	0.0%
EFX	F	0.13%	0.08%	0.08%
EG	C	0.16%	0.03%	0.03%
EIX	B	0.16%	0.21%	0.16%
EME	C	0.22%	0.19%	0.19%
EMR	A	0.2%	0.24%	0.2%
ENPH	F	0.08%	0.02%	0.02%
ENTG	D	0.14%	0.03%	0.03%
EOG	A	0.17%	0.15%	0.15%
EPAM	C	0.18%	0.01%	0.01%
EQIX	A	0.17%	0.1%	0.1%
EQR	B	0.16%	0.01%	0.01%
EQT	B	0.21%	0.04%	0.04%
ERIE	D	0.14%	0.02%	0.02%
ES	D	0.15%	0.14%	0.14%
ESS	B	0.16%	0.01%	0.01%
ETN	A	0.19%	0.48%	0.19%
ETR	B	0.2%	0.2%	0.2%
EVRG	A	0.17%	0.11%	0.11%
EXAS	D	0.14%	0.01%	0.01%
EXC	C	0.16%	0.25%	0.16%
EXPD	D	0.15%	0.0%	0.0%
EXR	D	0.15%	0.04%	0.04%
F	C	0.17%	0.06%	0.06%
FANG	D	0.15%	0.06%	0.06%
FAST	B	0.19%	0.4%	0.19%
FBIN	D	0.15%	0.06%	0.06%
FCNCA	A	0.18%	0.05%	0.05%
FCX	D	0.16%	0.12%	0.12%
FDS	B	0.18%	0.08%	0.08%
FDX	B	0.16%	0.02%	0.02%
FE	C	0.15%	0.15%	0.15%
FI	A	0.22%	0.01%	0.01%
FICO	B	0.2%	0.08%	0.08%
FIS	C	0.18%	0.01%	0.01%
FITB	A	0.18%	0.08%	0.08%
FNF	B	0.17%	0.0%	0.0%
FSLR	F	0.13%	0.04%	0.04%
FTNT	C	0.19%	0.08%	0.08%
FTV	C	0.16%	0.05%	0.05%
GD	F	0.15%	0.03%	0.03%
GDDY	A	0.18%	0.01%	0.01%
GE	D	0.17%	0.08%	0.08%
GEN	B	0.18%	0.02%	0.02%
GEV	B	0.29%	0.31%	0.29%
GGG	B	0.17%	0.03%	0.03%
GILD	C	0.18%	0.14%	0.14%
GLPI	C	0.16%	0.02%	0.02%
GLW	B	0.18%	0.09%	0.09%
GM	B	0.19%	0.09%	0.09%
GOOG	C	0.08%	2.72%	0.08%
GOOGL	C	0.09%	3.13%	0.09%
GRMN	B	0.19%	0.22%	0.19%
GS	A	0.19%	0.64%	0.19%
GWW	B	0.19%	0.44%	0.19%
HAL	C	0.16%	0.04%	0.04%
HBAN	A	0.21%	0.07%	0.07%
HD	A	0.17%	1.17%	0.17%
HEI	B	0.08%	0.0%	0.0%
HEI	B	0.11%	0.01%	0.01%
HEI	B	0.11%	0.0%	0.0%
HEI	B	0.08%	0.01%	0.01%
HES	B	0.17%	0.07%	0.07%
HIG	B	0.18%	0.05%	0.05%
HII	D	0.11%	0.0%	0.0%
HON	B	0.18%	1.6%	0.18%
HOOD	B	0.28%	0.06%	0.06%
HPE	B	0.18%	0.05%	0.05%
HPQ	B	0.17%	0.06%	0.06%
HUBB	B	0.19%	0.08%	0.08%
HUBS	A	0.22%	0.05%	0.05%
HWM	A	0.19%	0.02%	0.02%
IBM	C	0.17%	0.06%	0.06%
ICE	C	0.16%	0.33%	0.16%
IEX	B	0.18%	0.03%	0.03%
ILMN	D	0.16%	0.03%	0.03%
INCY	C	0.17%	0.02%	0.02%
INTC	D	0.18%	0.22%	0.18%
INTU	C	0.15%	0.26%	0.15%
INVH	D	0.15%	0.01%	0.01%
IOT	A	0.2%	0.02%	0.02%
IP	B	0.19%	0.09%	0.09%
IQV	D	0.12%	0.05%	0.05%
IR	B	0.18%	0.08%	0.08%
IRM	D	0.17%	0.04%	0.04%
IT	C	0.17%	0.02%	0.02%
ITW	B	0.17%	0.15%	0.15%
J	F	0.14%	0.04%	0.04%
JBHT	C	0.16%	0.06%	0.06%
JBL	B	0.19%	0.03%	0.03%
JCI	C	0.19%	0.39%	0.19%
JNJ	D	0.15%	0.37%	0.15%
JPM	A	0.18%	1.74%	0.18%
KEY	B	0.18%	0.05%	0.05%
KEYS	A	0.17%	0.06%	0.06%
KKR	A	0.2%	0.31%	0.2%
KLAC	D	0.12%	0.17%	0.12%
KMI	A	0.21%	0.1%	0.1%
KMX	B	0.15%	0.03%	0.03%
KNX	B	0.17%	0.03%	0.03%
KR	B	0.18%	0.05%	0.05%
L	A	0.17%	0.03%	0.03%
LDOS	C	0.16%	0.05%	0.05%
LEN	D	0.15%	0.28%	0.15%
LHX	C	0.17%	0.02%	0.02%
LII	A	0.17%	0.14%	0.14%
LIN	D	0.15%	0.03%	0.03%
LLY	F	0.12%	0.57%	0.12%
LMT	D	0.15%	0.05%	0.05%
LNG	B	0.19%	0.09%	0.09%
LNT	A	0.17%	0.11%	0.11%
LOW	D	0.17%	0.43%	0.17%
LPLA	A	0.23%	0.08%	0.08%
LRCX	F	0.12%	0.19%	0.12%
LUV	C	0.19%	0.02%	0.02%
LYB	F	0.13%	0.0%	0.0%
MA	C	0.19%	0.04%	0.04%
MAA	B	0.16%	0.01%	0.01%
MANH	D	0.17%	0.03%	0.03%
MAS	D	0.16%	0.12%	0.12%
MCHP	D	0.13%	0.08%	0.08%
MCO	B	0.15%	0.28%	0.15%
MDB	C	0.18%	0.01%	0.01%
MELI	D	0.15%	0.07%	0.07%
MET	A	0.2%	0.08%	0.08%
META	D	0.17%	3.68%	0.17%
MKL	A	0.17%	0.04%	0.04%
MKTX	D	0.18%	0.04%	0.04%
MLM	B	0.17%	0.57%	0.17%
MMC	B	0.16%	0.16%	0.16%
MMM	D	0.16%	0.76%	0.16%
MO	A	0.17%	0.41%	0.17%
MPC	D	0.15%	0.1%	0.1%
MPWR	F	0.1%	0.06%	0.06%
MRK	F	0.13%	0.24%	0.13%
MRNA	F	0.07%	0.02%	0.02%
MRO	B	0.16%	0.03%	0.03%
MRVL	B	0.2%	0.16%	0.16%
MS	A	0.21%	0.55%	0.21%
MSCI	C	0.17%	0.16%	0.16%
MSFT	F	0.15%	4.24%	0.15%
MSTR	C	0.51%	0.1%	0.1%
MTB	A	0.21%	0.09%	0.09%
MTCH	D	0.13%	0.02%	0.02%
MTD	D	0.13%	0.03%	0.03%
MU	D	0.14%	0.23%	0.14%
NBIX	C	0.13%	0.02%	0.02%
NDAQ	A	0.18%	0.14%	0.14%
NDSN	B	0.16%	0.03%	0.03%
NEE	D	0.15%	0.97%	0.15%
NEM	D	0.13%	0.11%	0.11%
NET	B	0.19%	0.01%	0.01%
NOC	D	0.15%	0.03%	0.03%
NOW	A	0.19%	0.3%	0.19%
NRG	B	0.18%	0.12%	0.12%
NSC	B	0.17%	0.22%	0.17%
NTAP	C	0.15%	0.04%	0.04%
NTRS	A	0.2%	0.1%	0.1%
NUE	C	0.16%	0.01%	0.01%
NVDA	C	0.18%	7.62%	0.18%
NVR	D	0.16%	0.21%	0.16%
NXPI	D	0.14%	0.12%	0.12%
OC	A	0.19%	0.12%	0.12%
ODFL	B	0.17%	0.16%	0.16%
OKE	A	0.2%	0.12%	0.12%
ON	D	0.14%	0.06%	0.06%
ORCL	B	0.21%	0.45%	0.21%
ORLY	B	0.17%	0.21%	0.17%
OTIS	C	0.17%	0.08%	0.08%
OVV	B	0.17%	0.02%	0.02%
OXY	D	0.14%	0.06%	0.06%
PANW	C	0.17%	0.18%	0.17%
PAYC	B	0.21%	0.03%	0.03%
PAYX	C	0.18%	0.11%	0.11%
PCAR	B	0.18%	0.11%	0.11%
PCG	A	0.18%	0.26%	0.18%
PFE	D	0.14%	0.14%	0.14%
PFG	D	0.17%	0.04%	0.04%
PGR	A	0.17%	0.23%	0.17%
PH	A	0.19%	0.17%	0.17%
PHM	D	0.16%	0.18%	0.16%
PINS	D	0.15%	0.05%	0.05%
PKG	A	0.19%	0.1%	0.1%
PLTR	B	0.31%	0.18%	0.18%
PM	B	0.17%	0.87%	0.17%
PNC	B	0.19%	0.21%	0.19%
PNR	A	0.2%	0.04%	0.04%
PPL	B	0.17%	0.05%	0.05%
PRU	A	0.19%	0.07%	0.07%
PSA	D	0.16%	0.07%	0.07%
PSTG	D	0.13%	0.03%	0.03%
PSX	C	0.16%	0.1%	0.1%
PTC	A	0.17%	0.04%	0.04%
PWR	A	0.2%	0.37%	0.2%
PYPL	B	0.19%	0.01%	0.01%
QCOM	F	0.15%	0.39%	0.15%
QRVO	F	0.09%	0.01%	0.01%
REGN	F	0.1%	0.11%	0.1%
RF	A	0.19%	0.07%	0.07%
RIVN	F	0.12%	0.01%	0.01%
RJF	A	0.22%	0.13%	0.13%
ROK	B	0.17%	0.1%	0.1%
ROL	B	0.16%	0.06%	0.06%
ROP	B	0.16%	0.09%	0.09%
ROST	C	0.15%	0.14%	0.14%
RPRX	D	0.15%	0.01%	0.01%
RS	B	0.17%	0.01%	0.01%
RSG	A	0.16%	0.2%	0.16%
RTX	C	0.16%	0.06%	0.06%
RVTY	F	0.14%	0.02%	0.02%
SBAC	D	0.16%	0.03%	0.03%
SCHW	B	0.19%	0.41%	0.19%
SEIC	B	0.19%	0.02%	0.02%
SHW	A	0.16%	0.01%	0.01%
SLB	C	0.15%	0.09%	0.09%
SMCI	F	0.07%	0.03%	0.03%
SNA	A	0.2%	0.04%	0.04%
SNAP	C	0.17%	0.03%	0.03%
SNOW	C	0.16%	0.01%	0.01%
SNPS	B	0.15%	0.12%	0.12%
SO	D	0.16%	0.6%	0.16%
SPGI	C	0.16%	0.55%	0.16%
SSNC	B	0.16%	0.03%	0.03%
STLD	B	0.19%	0.01%	0.01%
STT	A	0.18%	0.05%	0.05%
STX	D	0.15%	0.03%	0.03%
SUI	D	0.15%	0.01%	0.01%
SW	A	0.19%	0.13%	0.13%
SWK	D	0.14%	0.03%	0.03%
SWKS	F	0.12%	0.03%	0.03%
SYF	B	0.22%	0.18%	0.18%
SYY	B	0.15%	0.04%	0.04%
TDG	D	0.15%	0.03%	0.03%
TDY	B	0.18%	0.04%	0.04%
TEAM	A	0.25%	0.06%	0.06%
TECH	D	0.14%	0.01%	0.01%
TER	D	0.12%	0.03%	0.03%
TFC	A	0.17%	0.17%	0.17%
TGT	F	0.17%	0.08%	0.08%
TJX	A	0.17%	0.39%	0.17%
TMO	F	0.13%	0.24%	0.13%
TMUS	B	0.18%	4.56%	0.18%
TPL	A	0.27%	0.05%	0.05%
TRGP	B	0.23%	0.08%	0.08%
TRMB	B	0.2%	0.04%	0.04%
TROW	B	0.17%	0.05%	0.05%
TRU	D	0.16%	0.04%	0.04%
TRV	B	0.19%	0.09%	0.09%
TSCO	D	0.16%	0.09%	0.09%
TSLA	B	0.25%	1.32%	0.25%
TT	A	0.19%	0.65%	0.19%
TTC	D	0.14%	0.02%	0.02%
TW	A	0.18%	0.06%	0.06%
TWLO	A	0.25%	0.01%	0.01%
TXN	C	0.15%	0.39%	0.15%
TXT	D	0.15%	0.01%	0.01%
TYL	B	0.16%	0.04%	0.04%
UBER	D	0.15%	0.49%	0.15%
UHAL	D	0.14%	0.02%	0.02%
ULTA	F	0.14%	0.05%	0.05%
UNH	C	0.16%	0.01%	0.01%
UNP	C	0.15%	0.54%	0.15%
UPS	C	0.16%	0.04%	0.04%
URI	B	0.18%	0.47%	0.18%
USB	A	0.18%	0.2%	0.18%
UTHR	C	0.16%	0.02%	0.02%
V	A	0.2%	0.04%	0.04%
VICI	C	0.16%	0.05%	0.05%
VLO	C	0.16%	0.08%	0.08%
VLTO	D	0.15%	0.11%	0.11%
VMC	B	0.18%	0.59%	0.18%
VRSK	A	0.16%	0.09%	0.09%
VRSN	F	0.16%	0.01%	0.01%
VRT	B	0.29%	0.16%	0.16%
VRTX	F	0.15%	0.15%	0.15%
VST	B	0.31%	0.19%	0.19%
VTR	C	0.17%	0.06%	0.06%
VTRS	A	0.18%	0.01%	0.01%
WAB	B	0.19%	0.07%	0.07%
WAT	B	0.16%	0.03%	0.03%
WBA	F	0.12%	0.0%	0.0%
WCN	A	0.16%	0.21%	0.16%
WDAY	B	0.17%	0.08%	0.08%
WDC	D	0.16%	0.04%	0.04%
WELL	A	0.19%	0.18%	0.18%
WFC	A	0.21%	0.64%	0.21%
WM	A	0.16%	0.37%	0.16%
WMB	A	0.21%	0.13%	0.13%
WMT	A	0.18%	0.45%	0.18%
WRB	A	0.17%	0.03%	0.03%
WSM	B	0.16%	0.05%	0.05%
WSO	A	0.18%	0.16%	0.16%
WST	C	0.16%	0.03%	0.03%
WTW	B	0.17%	0.05%	0.05%
WY	D	0.16%	0.03%	0.03%
XEL	A	0.18%	0.24%	0.18%
XOM	B	0.16%	0.95%	0.16%
XYL	D	0.14%	0.06%	0.06%
Z	A	0.22%	0.25%	0.22%
ZBRA	B	0.18%	0.04%	0.04%
ZM	B	0.21%	0.03%	0.03%
ZS	C	0.16%	0.03%	0.03%
ZTS	D	0.15%	0.08%	0.08%

EUSA Overweight 162 Positions Relative to INRO

Symbol	Grade	Weight
TOST	B	0.28%
CCL	B	0.26%
SQ	B	0.23%
RCL	A	0.23%
LYV	A	0.22%
DASH	A	0.22%
PODD	C	0.22%
EXE	B	0.21%
BKNG	A	0.21%
EXPE	B	0.21%
CPAY	A	0.21%
DKNG	B	0.2%
DIS	B	0.2%
NFLX	A	0.2%
ALB	C	0.2%
FLUT	A	0.2%
RBLX	C	0.2%
HLT	A	0.19%
BLK	C	0.19%
ROKU	D	0.19%
TTWO	A	0.19%
WYNN	D	0.19%
LVS	C	0.19%
FFIV	B	0.19%
CNP	B	0.19%
WBD	C	0.19%
LW	C	0.19%
MAR	B	0.19%
AEE	A	0.18%
ISRG	A	0.18%
ABNB	C	0.18%
EA	A	0.18%
CMG	B	0.18%
DECK	A	0.18%
KIM	A	0.18%
SOLV	C	0.18%
SYK	C	0.18%
MCK	B	0.18%
CSCO	B	0.18%
TAP	C	0.18%
MSI	B	0.18%
JKHY	D	0.18%
PEG	A	0.18%
AZPN	A	0.18%
MNST	C	0.18%
SPG	B	0.18%
SRE	A	0.18%
BSX	B	0.18%
LULU	C	0.18%
T	A	0.18%
NI	A	0.18%
TTD	B	0.18%
CRH	A	0.18%
RPM	A	0.18%
UDR	B	0.17%
REG	B	0.17%
HST	C	0.17%
CMCSA	B	0.17%
SBUX	A	0.17%
NWSA	B	0.17%
DGX	A	0.17%
RMD	C	0.17%
DVA	B	0.17%
ANET	C	0.17%
WEC	A	0.17%
VEEV	C	0.17%
HSIC	B	0.17%
GPN	B	0.17%
H	B	0.17%
CAH	B	0.17%
CHD	B	0.17%
CF	B	0.17%
KVUE	A	0.17%
CLX	B	0.17%
CHTR	C	0.17%
STZ	D	0.16%
GEHC	F	0.16%
MDT	D	0.16%
ZBH	C	0.16%
ELS	C	0.16%
WTRG	B	0.16%
DTE	C	0.16%
K	A	0.16%
PG	A	0.16%
MCD	D	0.16%
OMC	C	0.16%
TSN	B	0.16%
EW	C	0.16%
COR	B	0.16%
CMS	C	0.16%
COO	D	0.16%
D	C	0.16%
FWONK	B	0.16%
DXCM	D	0.16%
VZ	C	0.16%
NLY	C	0.16%
DPZ	C	0.16%
LH	C	0.16%
DRI	B	0.16%
EMN	D	0.16%
POOL	C	0.16%
ABT	B	0.16%
SJM	D	0.15%
PLD	D	0.15%
BG	F	0.15%
CVS	D	0.15%
PARA	C	0.15%
CI	F	0.15%
O	D	0.15%
KMB	D	0.15%
MOS	F	0.15%
BDX	F	0.15%
ALGN	D	0.15%
MGM	D	0.15%
MKC	D	0.15%
WPC	D	0.15%
AMH	D	0.15%
YUM	B	0.15%
TEL	B	0.15%
PPG	F	0.15%
AWK	D	0.15%
ED	D	0.15%
HOLX	D	0.15%
EQH	B	0.15%
FERG	B	0.15%
CAG	D	0.14%
KHC	F	0.14%
UHS	D	0.14%
GPC	D	0.14%
CPB	D	0.14%
NKE	D	0.14%
GIS	D	0.14%
PEP	F	0.14%
KDP	D	0.14%
WLK	D	0.14%
IPG	D	0.14%
ADM	D	0.14%
BAX	D	0.14%
HCA	F	0.14%
KO	D	0.14%
MDLZ	F	0.14%
IFF	D	0.14%
JNPR	F	0.14%
STE	F	0.14%
CL	D	0.14%
HRL	D	0.14%
LKQ	D	0.14%
MOH	F	0.13%
TFX	F	0.13%
IDXX	F	0.13%
AKAM	D	0.13%
HSY	F	0.13%
CNC	D	0.12%
FOXA	B	0.12%
APTV	D	0.12%
OKTA	C	0.12%
HUM	C	0.12%
CELH	F	0.11%
EL	F	0.11%
ELV	F	0.11%
CE	F	0.09%
FOX	A	0.06%

EUSA Underweight 0 Positions Relative to INRO

	Symbol	Grade	Weight