INRO vs. ACWI ETF Comparison

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

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 ^*

444

* may have additional holdings in another (foreign) market

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

Performance

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

446 Overlapping Holdings

	Symbol	Grade	Weight in INRO	Weight in ACWI	Overlap
	A	F	0.1%	0.05%	0.05%
	AAPL	C	5.81%	4.15%	4.15%
	ABNB	C	0.04%	0.07%	0.04%
	ABT	C	0.07%	0.25%	0.07%
	ACGL	C	0.07%	0.05%	0.05%
	ACM	B	0.04%	0.02%	0.02%
	ACN	B	0.13%	0.28%	0.13%
	ADBE	C	0.34%	0.28%	0.28%
	ADI	D	0.24%	0.14%	0.14%
	ADP	A	0.23%	0.16%	0.16%
	ADSK	B	0.1%	0.08%	0.08%
	AEP	D	0.2%	0.06%	0.06%
	AFG	A	0.02%	0.01%	0.01%
	AFL	C	0.17%	0.07%	0.07%
	AIG	B	0.16%	0.06%	0.06%
	AIZ	A	0.03%	0.01%	0.01%
	AJG	A	0.17%	0.08%	0.08%
	AKAM	F	0.01%	0.02%	0.01%
	ALGN	D	0.01%	0.02%	0.01%
	ALL	B	0.14%	0.06%	0.06%
	ALLE	D	0.07%	0.02%	0.02%
	ALLY	C	0.02%	0.01%	0.01%
	AMAT	F	0.32%	0.2%	0.2%
	AMCR	D	0.22%	0.02%	0.02%
	AMD	F	0.48%	0.3%	0.3%
	AME	A	0.08%	0.05%	0.05%
	AMP	A	0.17%	0.07%	0.07%
	AMT	F	0.19%	0.12%	0.12%
	AMZN	A	2.44%	2.45%	2.44%
	ANSS	B	0.05%	0.04%	0.04%
	AON	B	0.2%	0.1%	0.1%
	AOS	F	0.06%	0.01%	0.01%
	APA	F	0.01%	0.01%	0.01%
	APH	B	0.13%	0.11%	0.11%
	APO	B	0.04%	0.08%	0.04%
	APP	B	0.05%	0.07%	0.05%
	ARE	F	0.02%	0.02%	0.02%
	ARES	B	0.11%	0.04%	0.04%
	AVGO	C	1.59%	1.02%	1.02%
	AVTR	F	0.04%	0.02%	0.02%
	AVY	F	0.25%	0.02%	0.02%
	AXON	B	0.02%	0.06%	0.02%
	AXP	B	1.43%	0.21%	0.21%
	AZO	B	0.19%	0.07%	0.07%
	BA	F	0.08%	0.14%	0.08%
	BAC	A	0.89%	0.4%	0.4%
	BAH	C	0.04%	0.03%	0.03%
	BALL	D	0.28%	0.02%	0.02%
	BAX	F	0.01%	0.02%	0.01%
	BBWI	C	0.03%	0.01%	0.01%
	BBY	C	0.07%	0.02%	0.02%
	BDX	F	0.02%	0.09%	0.02%
	BEN	C	0.03%	0.01%	0.01%
	BIO	C	0.02%	0.01%	0.01%
	BK	B	0.11%	0.07%	0.07%
	BKNG	A	0.09%	0.21%	0.09%
	BLDR	C	0.13%	0.03%	0.03%
	BMY	B	0.03%	0.14%	0.03%
	BR	A	0.07%	0.04%	0.04%
	BRK.A	B	0.41%	0.77%	0.41%
	BRO	B	0.08%	0.03%	0.03%
	BSX	A	0.04%	0.17%	0.04%
	BSY	F	0.02%	0.01%	0.01%
	BURL	C	0.06%	0.02%	0.02%
	BX	A	0.38%	0.16%	0.16%
	BXP	D	0.87%	0.02%	0.02%
	C	B	0.38%	0.16%	0.16%
	CAH	B	0.01%	0.04%	0.01%
	CARR	C	0.37%	0.08%	0.08%
	CAT	B	0.53%	0.24%	0.24%
	CB	C	0.31%	0.14%	0.14%
	CBOE	D	0.04%	0.02%	0.02%
	CBRE	B	0.09%	0.05%	0.05%
	CCI	F	0.09%	0.06%	0.06%
	CCK	D	0.17%	0.01%	0.01%
	CCL	B	0.01%	0.03%	0.01%
	CDNS	B	0.13%	0.1%	0.1%
	CDW	F	0.04%	0.03%	0.03%
	CEG	D	0.26%	0.1%	0.1%
	CFG	B	0.06%	0.03%	0.03%
	CG	B	0.04%	0.01%	0.01%
	CHRD	D	0.01%	0.01%	0.01%
	CI	D	0.04%	0.11%	0.04%
	CINF	A	0.07%	0.03%	0.03%
	CME	B	0.27%	0.1%	0.1%
	CMG	B	0.05%	0.1%	0.05%
	CMI	A	0.13%	0.06%	0.06%
	CNC	F	0.01%	0.04%	0.01%
	CNH	D	0.02%	0.01%	0.01%
	COF	B	0.57%	0.09%	0.09%
	COIN	B	0.11%	0.07%	0.07%
	COP	C	0.19%	0.16%	0.16%
	COR	B	0.01%	0.05%	0.01%
	COST	B	0.38%	0.53%	0.38%
	CPAY	A	0.01%	0.03%	0.01%
	CPRT	A	0.23%	0.06%	0.06%
	CRL	C	0.02%	0.01%	0.01%
	CRM	B	0.46%	0.39%	0.39%
	CRWD	B	0.11%	0.1%	0.1%
	CSGP	F	0.06%	0.04%	0.04%
	CSL	B	0.13%	0.03%	0.03%
	CSX	B	0.21%	0.09%	0.09%
	CTAS	B	0.4%	0.11%	0.11%
	CTRA	B	0.03%	0.02%	0.02%
	CTSH	A	0.03%	0.05%	0.03%
	CVS	F	0.03%	0.09%	0.03%
	CVX	A	0.4%	0.34%	0.34%
	DAL	A	0.02%	0.01%	0.01%
	DASH	A	0.03%	0.07%	0.03%
	DAY	B	0.02%	0.01%	0.01%
	DDOG	B	0.06%	0.04%	0.04%
	DE	D	0.3%	0.13%	0.13%
	DELL	C	0.07%	0.05%	0.05%
	DFS	B	0.34%	0.06%	0.06%
	DG	F	0.02%	0.02%	0.02%
	DGX	B	0.01%	0.02%	0.01%
	DHI	D	0.38%	0.06%	0.06%
	DHR	F	0.38%	0.21%	0.21%
	DINO	D	0.01%	0.01%	0.01%
	DKNG	B	0.01%	0.02%	0.01%
	DKS	D	0.05%	0.02%	0.02%
	DLR	C	0.11%	0.07%	0.07%
	DLTR	F	0.01%	0.02%	0.01%
	DOC	C	0.02%	0.02%	0.02%
	DOCU	B	0.03%	0.02%	0.02%
	DOV	A	0.08%	0.04%	0.04%
	DPZ	C	0.01%	0.02%	0.01%
	DRI	B	0.02%	0.03%	0.02%
	DT	C	0.03%	0.02%	0.02%
	DUK	D	0.33%	0.11%	0.11%
	DVA	C	0.0%	0.01%	0.0%
	DVN	F	0.04%	0.03%	0.03%
	DXCM	C	0.01%	0.04%	0.01%
	EBAY	C	0.04%	0.04%	0.04%
	EFX	F	0.07%	0.04%	0.04%
	EG	D	0.04%	0.02%	0.02%
	EIX	C	0.12%	0.04%	0.04%
	ELV	F	0.04%	0.12%	0.04%
	EME	B	0.06%	0.03%	0.03%
	EMR	A	0.13%	0.09%	0.09%
	ENPH	F	0.03%	0.01%	0.01%
	ENTG	F	0.03%	0.02%	0.02%
	EOG	A	0.11%	0.1%	0.1%
	EPAM	B	0.01%	0.02%	0.01%
	EQIX	B	0.17%	0.11%	0.11%
	EQT	B	0.04%	0.03%	0.03%
	ERIE	F	0.03%	0.01%	0.01%
	ES	D	0.08%	0.03%	0.03%
	ETN	B	0.27%	0.18%	0.18%
	ETR	B	0.13%	0.04%	0.04%
	EVRG	A	0.06%	0.02%	0.02%
	EW	F	0.01%	0.05%	0.01%
	EXC	C	0.15%	0.05%	0.05%
	EXPE	B	0.01%	0.03%	0.01%
	EXR	D	0.07%	0.04%	0.04%
	F	C	0.06%	0.05%	0.05%
	FANG	C	0.06%	0.04%	0.04%
	FAST	B	0.38%	0.06%	0.06%
	FBIN	F	0.07%	0.01%	0.01%
	FCNCA	B	0.06%	0.03%	0.03%
	FCX	F	0.15%	0.08%	0.08%
	FDS	A	0.07%	0.02%	0.02%
	FE	D	0.08%	0.03%	0.03%
	FI	A	0.08%	0.16%	0.08%
	FICO	B	0.07%	0.07%	0.07%
	FIS	B	0.04%	0.06%	0.04%
	FITB	A	0.1%	0.04%	0.04%
	FLUT	A	0.03%	0.06%	0.03%
	FNF	C	0.0%	0.02%	0.0%
	FSLR	F	0.04%	0.02%	0.02%
	FTNT	B	0.08%	0.07%	0.07%
	FTV	C	0.07%	0.03%	0.03%
	GD	C	0.06%	0.09%	0.06%
	GDDY	B	0.01%	0.03%	0.01%
	GE	D	0.17%	0.26%	0.17%
	GEHC	D	0.01%	0.05%	0.01%
	GEN	B	0.03%	0.02%	0.02%
	GEV	B	0.16%	0.12%	0.12%
	GGG	B	0.04%	0.02%	0.02%
	GLPI	D	0.03%	0.02%	0.02%
	GLW	B	0.06%	0.05%	0.05%
	GM	B	0.08%	0.08%	0.08%
	GOOG	C	2.71%	1.14%	1.14%
	GOOGL	C	3.12%	1.32%	1.32%
	GPN	B	0.02%	0.04%	0.02%
	GRMN	A	0.23%	0.04%	0.04%
	GS	B	0.55%	0.24%	0.24%
	GWW	B	0.41%	0.07%	0.07%
	H	B	0.0%	0.01%	0.0%
	HBAN	A	0.06%	0.03%	0.03%
	HCA	D	0.03%	0.09%	0.03%
	HD	B	1.45%	0.51%	0.51%
	HEI	A	0.01%	0.02%	0.01%
	HEI	A	0.0%	0.02%	0.0%
	HEI	A	0.0%	0.02%	0.0%
	HEI	A	0.01%	0.02%	0.01%
	HES	B	0.05%	0.05%	0.05%
	HIG	C	0.1%	0.05%	0.05%
	HII	F	0.0%	0.01%	0.0%
	HLT	A	0.03%	0.08%	0.03%
	HOLX	D	0.01%	0.02%	0.01%
	HON	B	1.28%	0.18%	0.18%
	HOOD	B	0.04%	0.02%	0.02%
	HPE	B	0.05%	0.04%	0.04%
	HPQ	B	0.06%	0.04%	0.04%
	HUBB	C	0.04%	0.03%	0.03%
	HUBS	B	0.04%	0.04%	0.04%
	HUM	D	0.01%	0.04%	0.01%
	HWM	B	0.03%	0.06%	0.03%
	IBM	D	0.12%	0.25%	0.12%
	ICE	C	0.32%	0.11%	0.11%
	IDXX	F	0.01%	0.05%	0.01%
	IEX	B	0.04%	0.02%	0.02%
	ILMN	C	0.06%	0.03%	0.03%
	INTC	C	0.2%	0.14%	0.14%
	INTU	A	0.28%	0.24%	0.24%
	IOT	B	0.02%	0.01%	0.01%
	IP	B	0.28%	0.02%	0.02%
	IQV	F	0.09%	0.05%	0.05%
	IR	A	0.11%	0.05%	0.05%
	IRM	D	0.07%	0.04%	0.04%
	ISRG	A	0.06%	0.24%	0.06%
	IT	B	0.02%	0.05%	0.02%
	ITW	B	0.22%	0.1%	0.1%
	J	D	0.03%	0.02%	0.02%
	JBHT	C	0.05%	0.02%	0.02%
	JBL	C	0.02%	0.02%	0.02%
	JCI	A	0.31%	0.07%	0.07%
	JKHY	C	0.0%	0.02%	0.0%
	JNJ	D	0.1%	0.47%	0.1%
	JPM	A	1.93%	0.86%	0.86%
	KEY	B	0.05%	0.02%	0.02%
	KEYS	C	0.04%	0.04%	0.04%
	KKR	B	0.27%	0.12%	0.12%
	KLAC	F	0.19%	0.12%	0.12%
	KMI	B	0.08%	0.07%	0.07%
	KMX	B	0.05%	0.01%	0.01%
	KNX	C	0.02%	0.01%	0.01%
	KR	A	0.04%	0.05%	0.04%
	L	A	0.04%	0.02%	0.02%
	LDOS	C	0.05%	0.03%	0.03%
	LEN	D	0.32%	0.05%	0.05%
	LH	B	0.01%	0.03%	0.01%
	LHX	B	0.04%	0.06%	0.04%
	LII	B	0.12%	0.03%	0.03%
	LLY	F	0.16%	0.84%	0.16%
	LMT	D	0.1%	0.15%	0.1%
	LNG	B	0.06%	0.06%	0.06%
	LNT	C	0.06%	0.02%	0.02%
	LOW	B	0.56%	0.19%	0.19%
	LPLA	A	0.07%	0.03%	0.03%
	LRCX	F	0.21%	0.13%	0.13%
	LUV	B	0.01%	0.01%	0.01%
	LVS	C	0.01%	0.02%	0.01%
	MA	B	0.28%	0.55%	0.28%
	MANH	C	0.03%	0.02%	0.02%
	MAR	A	0.04%	0.09%	0.04%
	MAS	D	0.11%	0.02%	0.02%
	MCD	C	0.14%	0.27%	0.14%
	MCHP	F	0.09%	0.05%	0.05%
	MCK	B	0.03%	0.1%	0.03%
	MCO	C	0.26%	0.1%	0.1%
	MDB	C	0.01%	0.03%	0.01%
	MDT	D	0.04%	0.14%	0.04%
	MELI	D	0.13%	0.11%	0.11%
	MET	C	0.14%	0.06%	0.06%
	META	B	3.86%	1.62%	1.62%
	MGM	D	0.01%	0.01%	0.01%
	MKL	A	0.05%	0.03%	0.03%
	MKTX	C	0.04%	0.01%	0.01%
	MLM	B	0.82%	0.05%	0.05%
	MMC	D	0.32%	0.14%	0.14%
	MMM	C	0.66%	0.09%	0.09%
	MO	A	0.31%	0.12%	0.12%
	MOH	F	0.01%	0.02%	0.01%
	MPC	D	0.08%	0.07%	0.07%
	MPWR	F	0.08%	0.05%	0.05%
	MRK	F	0.07%	0.33%	0.07%
	MRO	B	0.03%	0.02%	0.02%
	MRVL	B	0.16%	0.1%	0.1%
	MS	A	0.46%	0.2%	0.2%
	MSCI	B	0.16%	0.06%	0.06%
	MSFT	C	4.62%	3.75%	3.75%
	MSTR	B	0.06%	0.05%	0.05%
	MTB	A	0.1%	0.04%	0.04%
	MTCH	F	0.03%	0.01%	0.01%
	MTD	F	0.07%	0.03%	0.03%
	MU	D	0.24%	0.16%	0.16%
	NDAQ	B	0.11%	0.04%	0.04%
	NDSN	B	0.04%	0.02%	0.02%
	NEE	D	0.6%	0.2%	0.2%
	NEM	F	0.14%	0.06%	0.06%
	NET	B	0.02%	0.03%	0.02%
	NOC	D	0.06%	0.09%	0.06%
	NOW	A	0.31%	0.26%	0.26%
	NRG	C	0.07%	0.03%	0.03%
	NSC	B	0.17%	0.08%	0.08%
	NTAP	D	0.04%	0.03%	0.03%
	NTRS	A	0.08%	0.03%	0.03%
	NVDA	A	7.14%	4.57%	4.57%
	NVR	D	0.23%	0.04%	0.04%
	NXPI	F	0.13%	0.07%	0.07%
	OC	A	0.09%	0.02%	0.02%
	ODFL	B	0.12%	0.06%	0.06%
	OKE	A	0.08%	0.08%	0.08%
	OKTA	C	0.01%	0.02%	0.01%
	ON	F	0.06%	0.04%	0.04%
	ORCL	A	0.45%	0.39%	0.39%
	ORLY	A	0.25%	0.09%	0.09%
	OTIS	D	0.12%	0.05%	0.05%
	OVV	C	0.02%	0.01%	0.01%
	OXY	F	0.05%	0.04%	0.04%
	PANW	B	0.19%	0.16%	0.16%
	PAYC	B	0.02%	0.01%	0.01%
	PAYX	B	0.09%	0.06%	0.06%
	PCAR	B	0.16%	0.07%	0.07%
	PCG	A	0.15%	0.05%	0.05%
	PFE	F	0.04%	0.19%	0.04%
	PFG	C	0.07%	0.03%	0.03%
	PGR	A	0.4%	0.19%	0.19%
	PH	A	0.24%	0.11%	0.11%
	PHM	D	0.2%	0.04%	0.04%
	PINS	F	0.06%	0.02%	0.02%
	PKG	B	0.31%	0.03%	0.03%
	PLTR	B	0.13%	0.15%	0.13%
	PM	B	0.67%	0.24%	0.24%
	PNC	B	0.24%	0.1%	0.1%
	PNR	A	0.05%	0.02%	0.02%
	PODD	B	0.0%	0.02%	0.0%
	PPL	A	0.05%	0.03%	0.03%
	PRU	B	0.09%	0.06%	0.06%
	PSA	D	0.1%	0.07%	0.07%
	PSTG	D	0.03%	0.02%	0.02%
	PSX	C	0.08%	0.07%	0.07%
	PTC	B	0.04%	0.03%	0.03%
	PWR	B	0.13%	0.06%	0.06%
	PYPL	A	0.05%	0.1%	0.05%
	QCOM	F	0.39%	0.24%	0.24%
	QRVO	F	0.02%	0.01%	0.01%
	RCL	A	0.03%	0.07%	0.03%
	RF	A	0.07%	0.03%	0.03%
	RIVN	F	0.01%	0.01%	0.01%
	RJF	A	0.1%	0.04%	0.04%
	RMD	C	0.01%	0.05%	0.01%
	ROK	B	0.06%	0.04%	0.04%
	ROL	C	0.07%	0.02%	0.02%
	ROP	A	0.09%	0.08%	0.08%
	ROST	D	0.18%	0.06%	0.06%
	RSG	B	0.23%	0.06%	0.06%
	RTX	D	0.14%	0.21%	0.14%
	RVTY	C	0.04%	0.02%	0.02%
	SBAC	D	0.05%	0.03%	0.03%
	SBUX	B	0.07%	0.14%	0.07%
	SCHW	B	0.34%	0.14%	0.14%
	SEIC	A	0.06%	0.01%	0.01%
	SMCI	F	0.02%	0.02%	0.02%
	SNA	A	0.05%	0.03%	0.03%
	SNAP	C	0.04%	0.02%	0.02%
	SNOW	C	0.02%	0.05%	0.02%
	SNPS	C	0.13%	0.11%	0.11%
	SO	D	0.37%	0.12%	0.12%
	SPGI	C	0.51%	0.2%	0.2%
	SQ	B	0.03%	0.05%	0.03%
	SSNC	C	0.03%	0.02%	0.02%
	STE	D	0.01%	0.03%	0.01%
	STT	B	0.11%	0.04%	0.04%
	STX	D	0.04%	0.03%	0.03%
	SW	B	0.41%	0.04%	0.04%
	SWK	F	0.04%	0.02%	0.02%
	SWKS	F	0.03%	0.02%	0.02%
	SYF	B	0.21%	0.03%	0.03%
	SYK	A	0.04%	0.16%	0.04%
	SYY	D	0.03%	0.05%	0.03%
	TDG	D	0.06%	0.1%	0.06%
	TDY	B	0.03%	0.03%	0.03%
	TEAM	B	0.06%	0.05%	0.05%
	TECH	D	0.03%	0.01%	0.01%
	TER	F	0.03%	0.02%	0.02%
	TFC	B	0.18%	0.08%	0.08%
	TGT	C	0.07%	0.09%	0.07%
	TJX	A	0.47%	0.17%	0.17%
	TMO	F	0.49%	0.26%	0.26%
	TMUS	A	4.54%	0.16%	0.16%
	TOST	A	0.01%	0.02%	0.01%
	TPL	B	0.03%	0.03%	0.03%
	TRGP	B	0.05%	0.05%	0.05%
	TRMB	B	0.02%	0.02%	0.02%
	TROW	A	0.05%	0.03%	0.03%
	TRU	D	0.04%	0.03%	0.03%
	TRV	B	0.16%	0.07%	0.07%
	TSCO	D	0.11%	0.04%	0.04%
	TSLA	B	0.98%	1.16%	0.98%
	TT	B	0.54%	0.12%	0.12%
	TTC	F	0.02%	0.01%	0.01%
	TW	B	0.06%	0.02%	0.02%
	TWLO	B	0.01%	0.02%	0.01%
	TXN	B	0.39%	0.25%	0.25%
	TXT	D	0.01%	0.02%	0.01%
	TYL	B	0.04%	0.03%	0.03%
	UBER	F	0.43%	0.17%	0.17%
	UHAL	D	0.02%	0.01%	0.01%
	UHS	D	0.01%	0.02%	0.01%
	ULTA	C	0.07%	0.02%	0.02%
	UNH	B	0.23%	0.71%	0.23%
	UNP	D	0.44%	0.19%	0.19%
	URI	B	0.44%	0.07%	0.07%
	USB	B	0.23%	0.1%	0.1%
	V	A	0.31%	0.61%	0.31%
	VEEV	B	0.25%	0.04%	0.04%
	VICI	D	0.06%	0.04%	0.04%
	VLO	C	0.06%	0.06%	0.06%
	VLTO	D	0.13%	0.03%	0.03%
	VMC	B	0.81%	0.05%	0.05%
	VRSK	A	0.07%	0.05%	0.05%
	VRSN	C	0.01%	0.02%	0.01%
	VRT	B	0.08%	0.06%	0.06%
	VTR	C	0.04%	0.03%	0.03%
	VTRS	B	0.01%	0.02%	0.01%
	WAB	B	0.1%	0.04%	0.04%
	WAT	B	0.05%	0.03%	0.03%
	WBA	D	0.01%	0.01%	0.01%
	WCN	A	0.24%	0.06%	0.06%
	WDAY	B	0.08%	0.07%	0.07%
	WDC	D	0.04%	0.03%	0.03%
	WELL	B	0.11%	0.1%	0.1%
	WFC	A	0.68%	0.31%	0.31%
	WM	A	0.45%	0.11%	0.11%
	WMB	B	0.1%	0.09%	0.09%
	WMT	A	0.36%	0.47%	0.36%
	WRB	B	0.05%	0.02%	0.02%
	WSM	F	0.07%	0.02%	0.02%
	WSO	B	0.14%	0.02%	0.02%
	WST	B	0.05%	0.03%	0.03%
	WTW	A	0.06%	0.04%	0.04%
	WY	F	0.05%	0.03%	0.03%
	WYNN	C	0.01%	0.01%	0.01%
	XEL	A	0.14%	0.05%	0.05%
	XOM	B	0.79%	0.68%	0.68%
	XYL	F	0.08%	0.04%	0.04%
	YUM	B	0.02%	0.05%	0.02%
	Z	B	0.02%	0.02%	0.02%
	ZBH	C	0.01%	0.03%	0.01%
	ZBRA	B	0.03%	0.03%	0.03%
	ZM	B	0.03%	0.02%	0.02%
	ZS	B	0.03%	0.02%	0.02%
	ZTS	D	0.02%	0.1%	0.02%

INRO Overweight 0 Positions Relative to ACWI

	Symbol	Grade	Weight

INRO Underweight 172 Positions Relative to ACWI

	Symbol	Grade	Weight
	PG	C	-0.5%
	ABBV	F	-0.44%
	NFLX	A	-0.43%
	KO	F	-0.33%
	CSCO	A	-0.29%
	LIN	D	-0.28%
	PEP	D	-0.28%
	TM	F	-0.23%
	DIS	B	-0.23%
	BABA	D	-0.23%
	CMCSA	B	-0.22%
	AMGN	F	-0.22%
	VZ	D	-0.21%
	T	A	-0.2%
	BLK	A	-0.19%
	VRTX	B	-0.17%
	MUFG	A	-0.16%
	GILD	B	-0.15%
	SONY	C	-0.14%
	PLD	D	-0.13%
	ANET	C	-0.13%
	NKE	F	-0.12%
	SHW	A	-0.12%
	UPS	C	-0.12%
	MSI	B	-0.11%
	SMFG	A	-0.11%
	HDB	C	-0.11%
	MDLZ	F	-0.11%
	REGN	F	-0.11%
	IBN	C	-0.1%
	APD	B	-0.09%
	CRH	B	-0.09%
	CL	F	-0.09%
	SRE	B	-0.08%
	SLB	C	-0.08%
	ECL	C	-0.08%
	FDX	B	-0.08%
	MFG	A	-0.07%
	TTD	B	-0.07%
	SPG	A	-0.07%
	KMB	D	-0.06%
	KVUE	A	-0.06%
	TEL	B	-0.06%
	D	D	-0.06%
	O	D	-0.06%
	VST	B	-0.06%
	LULU	B	-0.05%
	GIS	F	-0.05%
	CHTR	B	-0.05%
	STZ	D	-0.05%
	KDP	C	-0.05%
	NUE	D	-0.05%
	MNST	B	-0.05%
	EA	A	-0.05%
	CTVA	C	-0.05%
	HMC	F	-0.05%
	PEG	C	-0.05%
	FERG	B	-0.05%
	BKR	B	-0.05%
	PPG	F	-0.04%
	TTWO	A	-0.04%
	KHC	F	-0.04%
	WEC	B	-0.04%
	ED	D	-0.04%
	AVB	B	-0.04%
	DOW	F	-0.04%
	ALNY	D	-0.04%
	TCOM	C	-0.04%
	DD	D	-0.04%
	LYV	A	-0.03%
	CNP	B	-0.03%
	COO	D	-0.03%
	WBD	B	-0.03%
	OMC	A	-0.03%
	ATO	B	-0.03%
	INVH	D	-0.03%
	K	A	-0.03%
	LYB	F	-0.03%
	STLD	C	-0.03%
	IFF	F	-0.03%
	DTE	D	-0.03%
	RBLX	B	-0.03%
	BIIB	F	-0.03%
	BIDU	F	-0.03%
	EQR	C	-0.03%
	HAL	C	-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%
	NBIX	C	-0.02%
	CPT	C	-0.02%
	REG	A	-0.02%
	HST	D	-0.02%
	BMRN	F	-0.02%
	CHRW	A	-0.02%
	UDR	C	-0.02%
	INCY	B	-0.02%
	WPC	F	-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%
	MRNA	F	-0.02%
	CF	B	-0.02%
	APTV	F	-0.02%
	FWONK	A	-0.02%
	TSN	B	-0.02%
	KIM	A	-0.02%
	SUI	F	-0.02%
	UMC	F	-0.02%
	RPM	A	-0.02%
	GPC	D	-0.02%
	EXPD	C	-0.02%
	UTHR	B	-0.02%
	NMR	B	-0.02%
	EQH	B	-0.02%
	MAA	C	-0.02%
	YUMC	C	-0.02%
	RS	C	-0.02%
	CMS	D	-0.02%
	EXE	A	-0.02%
	MKC	D	-0.02%
	CLX	A	-0.02%
	ESS	C	-0.02%
	MBAVU	C	-0.01%
	CELH	F	-0.01%
	WLK	F	-0.01%
	BILI	C	-0.01%
	FOX	A	-0.01%
	PARA	B	-0.01%
	AGCO	F	-0.01%
	ACI	C	-0.01%
	AZPN	A	-0.01%
	NIO	F	-0.01%
	XPEV	C	-0.01%
	TME	F	-0.01%
	WIT	B	-0.01%
	MOS	D	-0.01%
	HSIC	F	-0.01%
	HRL	F	-0.01%
	CE	F	-0.01%
	WTRG	C	-0.01%
	NLY	C	-0.01%
	RPRX	F	-0.01%
	ROKU	C	-0.01%
	TFX	F	-0.01%
	AES	F	-0.01%
	CPB	F	-0.01%
	EXAS	F	-0.01%
	FOXA	A	-0.01%
	LKQ	C	-0.01%
	BGNE	D	-0.01%
	SOLV	C	-0.01%
	CTLT	D	-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%

INRO: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Diagnostics & Research Semiconductors Asset Management Oil & Gas E&P Capital Markets Software - Infrastructure Utilities - Regulated Electric Aerospace & Defense Banks - Regional - US Specialty Retail Insurance - Property & Casualty Internet Content & Information Medical Devices Credit Services Health Care Plans Information Technology Services Medical Instruments & Supplies

Keywords: S&P 500 Nasdaq 100 Computing Insurance Natural Gas Electronics Bank Dow Jones Component Aerospace Banking Electricity Cloud Computing Semiconductor Insurance Products Medicine Chemical Investment Bank Mining Telecommunications Work From Home

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