INNO vs. INRO ETF Comparison
Comparison of Harbor Disruptive Innovation ETF (INNO) to BlackRock U.S. Industry Rotation ETF (INRO)
INNO
Harbor Disruptive Innovation ETF
INNO Description
INNO invests in stocks of any size with growth potential linked to disruptive innovation. The fund aims to achieve enhanced risk-adjusted investment outcome by utilizing an active multi-manager approach in which the advisor allocates assets among subadvisors. Each subadvisor represents a strategy that targets associated disruptive companies in technology, advanced therapies, analog-to-digital transition, structural changes and secular trends, and products or services with large demand. The advisor determines and adjusts allocations based on qualitative and quantitative assessments of each strategy, as well as in combination. The fund may invest up to 25% in foreign markets, including developing countries. INNO utilizes the same investment strategy and portfolio management team as its mutual fund counterpart, Harbor Disruptive Innovation Fund.
Grade (RS Rating)
Last Trade
$15.79
Average Daily Volume
9,879
67
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
$26.75
Average Daily Volume
4,617
10
Performance
| Period | INNO | INRO |
|---|---|---|
| 30 Days | 1.62% | 1.14% |
| 60 Days | 10.46% | 7.17% |
| 90 Days | 0.25% | 0.93% |
| 12 Months | 28.75% |
INNO Overweight 60 Positions Relative to INRO
| Symbol | Grade | Weight | |
|---|---|---|---|
| LRCX | F | 4.13% | |
| NOW | C | 3.93% | |
| MELI | C | 3.36% | |
| PGR | C | 3.1% | |
| CDNS | D | 3.0% | |
| DHR | B | 2.99% | |
| LIN | B | 2.87% | |
| SHOP | C | 2.87% | |
| URI | B | 2.81% | |
| DASH | B | 2.47% | |
| TXN | C | 2.46% | |
| IOT | C | 2.21% | |
| ASND | C | 1.99% | |
| AMD | D | 1.72% | |
| CMG | C | 1.56% | |
| TEAM | D | 1.55% | |
| TOST | B | 1.44% | |
| CGNX | F | 1.27% | |
| NET | D | 1.12% | |
| PCOR | D | 1.09% | |
| DDOG | D | 1.09% | |
| NFLX | C | 1.02% | |
| SAP | C | 0.89% | |
| HUBS | D | 0.89% | |
| MNDY | C | 0.86% | |
| MEDP | F | 0.85% | |
| GTLS | F | 0.84% | |
| SE | A | 0.81% | |
| S | D | 0.78% | |
| AMAT | D | 0.73% | |
| PANW | D | 0.72% | |
| LSCC | D | 0.72% | |
| MTSI | C | 0.72% | |
| ICLR | F | 0.71% | |
| ZS | F | 0.69% | |
| MRNA | F | 0.67% | |
| BSY | D | 0.65% | |
| LLY | D | 0.65% | |
| DT | C | 0.64% | |
| ROKU | D | 0.63% | |
| NU | D | 0.61% | |
| MDB | D | 0.61% | |
| CRM | C | 0.6% | |
| TSM | C | 0.58% | |
| GEV | A | 0.57% | |
| PODD | C | 0.56% | |
| SQ | D | 0.54% | |
| OKTA | F | 0.54% | |
| DKNG | D | 0.52% | |
| LEGN | F | 0.51% | |
| HUBB | A | 0.45% | |
| RCKT | F | 0.43% | |
| SNOW | F | 0.4% | |
| CRWD | D | 0.38% | |
| GLBE | C | 0.37% | |
| SAIA | D | 0.37% | |
| TDG | A | 0.36% | |
| PCVX | B | 0.32% | |
| DXCM | F | 0.31% | |
| BCYC | D | 0.17% |
INNO: Top Represented Industries & Keywords
INRO: Top Represented Industries & Keywords
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