INRO vs. ILCG ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to iShares Morningstar Growth ETF (ILCG)

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

ILCG

iShares Morningstar Growth ETF

ILCG Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally 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 measures the performance of stocks issued by large- mid capitalization companies that have exhibited above-average âgrowthâ characteristics as determined by Morningstar, Inc. (Morningstarâ or the index provider) proprietary index methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$89.27

Average Daily Volume

68,984

Number of Holdings ^*

387

* may have additional holdings in another (foreign) market

Performance

Period	INRO	ILCG
30 Days	5.09%	4.86%
60 Days	6.25%	6.65%
90 Days	7.10%	8.35%
12 Months		37.30%

263 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in ILCG	Overlap
A	D	0.05%	0.14%	0.05%
AAPL	C	5.76%	6.31%	5.76%
ACGL	D	0.05%	0.04%	0.04%
ACM	A	0.11%	0.04%	0.04%
ACN	C	0.07%	0.12%	0.07%
ADBE	C	0.32%	0.85%	0.32%
ADI	D	0.22%	0.07%	0.07%
ADP	B	0.29%	0.17%	0.17%
ADSK	A	0.09%	0.25%	0.09%
AFG	A	0.02%	0.02%	0.02%
AJG	B	0.1%	0.08%	0.08%
ALL	A	0.08%	0.08%	0.08%
ALLE	D	0.08%	0.03%	0.03%
ALNY	D	0.04%	0.11%	0.04%
AMAT	F	0.3%	0.21%	0.21%
AMD	F	0.47%	0.87%	0.47%
AME	A	0.15%	0.17%	0.15%
AMP	A	0.19%	0.14%	0.14%
AMZN	C	1.47%	7.48%	1.47%
ANSS	B	0.05%	0.11%	0.05%
AON	A	0.11%	0.08%	0.08%
AOS	F	0.06%	0.02%	0.02%
APH	A	0.19%	0.18%	0.18%
APO	B	0.01%	0.07%	0.01%
APP	B	0.1%	0.26%	0.1%
ARE	D	0.04%	0.02%	0.02%
ARES	A	0.12%	0.12%	0.12%
AVB	B	0.01%	0.06%	0.01%
AVGO	D	1.54%	1.63%	1.54%
AVTR	F	0.02%	0.03%	0.02%
AVY	D	0.07%	0.03%	0.03%
AXON	A	0.02%	0.17%	0.02%
AXP	A	1.14%	0.21%	0.21%
AZO	C	0.15%	0.2%	0.15%
BAH	F	0.04%	0.05%	0.04%
BALL	D	0.08%	0.04%	0.04%
BKR	B	0.07%	0.08%	0.07%
BLDR	D	0.15%	0.04%	0.04%
BMRN	D	0.02%	0.04%	0.02%
BR	A	0.08%	0.1%	0.08%
BRO	B	0.04%	0.1%	0.04%
BSY	D	0.01%	0.02%	0.01%
BURL	A	0.05%	0.07%	0.05%
BX	A	0.45%	0.24%	0.24%
CARR	D	0.42%	0.14%	0.14%
CAT	B	0.35%	0.17%	0.17%
CBRE	B	0.87%	0.1%	0.1%
CCK	C	0.05%	0.02%	0.02%
CDNS	B	0.12%	0.31%	0.12%
CDW	F	0.05%	0.09%	0.05%
CINF	A	0.04%	0.03%	0.03%
CMI	A	0.1%	0.13%	0.1%
COIN	C	0.2%	0.25%	0.2%
COST	B	0.47%	0.74%	0.47%
CPRT	A	0.21%	0.19%	0.19%
CPT	B	0.01%	0.02%	0.01%
CRL	C	0.01%	0.02%	0.01%
CRM	B	0.45%	1.16%	0.45%
CRWD	B	0.12%	0.31%	0.12%
CSGP	D	0.63%	0.11%	0.11%
CSL	C	0.14%	0.08%	0.08%
CTAS	B	0.34%	0.29%	0.29%
CTRA	B	0.03%	0.03%	0.03%
CTVA	C	0.01%	0.07%	0.01%
DAL	C	0.03%	0.07%	0.03%
DAY	B	0.03%	0.04%	0.03%
DD	D	0.01%	0.06%	0.01%
DDOG	A	0.06%	0.15%	0.06%
DELL	C	0.07%	0.06%	0.06%
DFS	B	0.29%	0.09%	0.09%
DKS	C	0.03%	0.02%	0.02%
DLR	B	0.07%	0.17%	0.07%
DLTR	F	0.01%	0.02%	0.01%
DOCU	A	0.02%	0.06%	0.02%
DOV	A	0.05%	0.07%	0.05%
DOW	F	0.01%	0.05%	0.01%
DT	C	0.03%	0.05%	0.03%
EBAY	D	0.02%	0.04%	0.02%
ECL	D	0.0%	0.13%	0.0%
EFX	F	0.08%	0.12%	0.08%
EME	C	0.19%	0.09%	0.09%
ENPH	F	0.02%	0.03%	0.02%
ENTG	D	0.03%	0.04%	0.03%
EPAM	C	0.01%	0.03%	0.01%
EQIX	A	0.1%	0.34%	0.1%
EQR	B	0.01%	0.04%	0.01%
EQT	B	0.04%	0.06%	0.04%
ERIE	D	0.02%	0.04%	0.02%
ESS	B	0.01%	0.04%	0.01%
ETN	A	0.48%	0.32%	0.32%
EXAS	D	0.01%	0.04%	0.01%
EXR	D	0.04%	0.05%	0.04%
FAST	B	0.4%	0.18%	0.18%
FCNCA	A	0.05%	0.11%	0.05%
FDS	B	0.08%	0.07%	0.07%
FI	A	0.01%	0.1%	0.01%
FICO	B	0.08%	0.22%	0.08%
FSLR	F	0.04%	0.07%	0.04%
FTNT	C	0.08%	0.23%	0.08%
FTV	C	0.05%	0.07%	0.05%
GDDY	A	0.01%	0.1%	0.01%
GE	D	0.08%	0.4%	0.08%
GEN	B	0.02%	0.03%	0.02%
GEV	B	0.31%	0.19%	0.19%
GGG	B	0.03%	0.06%	0.03%
GOOG	C	2.72%	1.86%	1.86%
GOOGL	C	3.13%	2.07%	2.07%
GRMN	B	0.22%	0.08%	0.08%
GWW	B	0.44%	0.2%	0.2%
HAL	C	0.04%	0.06%	0.04%
HEI	B	0.01%	0.06%	0.01%
HEI	B	0.0%	0.04%	0.0%
HEI	B	0.0%	0.06%	0.0%
HEI	B	0.01%	0.04%	0.01%
HES	B	0.07%	0.16%	0.07%
HII	D	0.0%	0.02%	0.0%
HOOD	B	0.06%	0.07%	0.06%
HUBB	B	0.08%	0.09%	0.08%
HUBS	A	0.05%	0.13%	0.05%
HWM	A	0.02%	0.18%	0.02%
ICE	C	0.33%	0.06%	0.06%
IEX	B	0.03%	0.07%	0.03%
ILMN	D	0.03%	0.08%	0.03%
INCY	C	0.02%	0.02%	0.02%
INTU	C	0.26%	0.7%	0.26%
INVH	D	0.01%	0.08%	0.01%
IQV	D	0.05%	0.09%	0.05%
IR	B	0.08%	0.16%	0.08%
IRM	D	0.04%	0.07%	0.04%
IT	C	0.02%	0.15%	0.02%
J	F	0.04%	0.04%	0.04%
JBHT	C	0.06%	0.04%	0.04%
JBL	B	0.03%	0.03%	0.03%
JCI	C	0.39%	0.13%	0.13%
KEYS	A	0.06%	0.05%	0.05%
KKR	A	0.31%	0.11%	0.11%
KLAC	D	0.17%	0.12%	0.12%
KMX	B	0.03%	0.02%	0.02%
LDOS	C	0.05%	0.03%	0.03%
LII	A	0.14%	0.08%	0.08%
LIN	D	0.03%	0.15%	0.03%
LLY	F	0.57%	2.38%	0.57%
LNG	B	0.09%	0.06%	0.06%
LPLA	A	0.08%	0.09%	0.08%
LRCX	F	0.19%	0.14%	0.14%
LUV	C	0.02%	0.03%	0.02%
MA	C	0.04%	1.64%	0.04%
MAA	B	0.01%	0.03%	0.01%
MANH	D	0.03%	0.06%	0.03%
MAS	D	0.12%	0.03%	0.03%
MCHP	D	0.08%	0.06%	0.06%
MCO	B	0.28%	0.16%	0.16%
MDB	C	0.01%	0.08%	0.01%
MELI	D	0.07%	0.36%	0.07%
META	D	3.68%	2.69%	2.69%
MKL	A	0.04%	0.05%	0.04%
MLM	B	0.57%	0.14%	0.14%
MMC	B	0.16%	0.11%	0.11%
MPWR	F	0.06%	0.11%	0.06%
MRK	F	0.24%	0.34%	0.24%
MRNA	F	0.02%	0.02%	0.02%
MRVL	B	0.16%	0.3%	0.16%
MSCI	C	0.16%	0.18%	0.16%
MSFT	F	4.24%	11.98%	4.24%
MSTR	C	0.1%	0.18%	0.1%
MTD	D	0.03%	0.1%	0.03%
NBIX	C	0.02%	0.05%	0.02%
NDAQ	A	0.14%	0.05%	0.05%
NDSN	B	0.03%	0.05%	0.03%
NEM	D	0.11%	0.11%	0.11%
NET	B	0.01%	0.11%	0.01%
NOW	A	0.3%	0.81%	0.3%
NRG	B	0.12%	0.03%	0.03%
NTAP	C	0.04%	0.05%	0.04%
NVDA	C	7.62%	13.45%	7.62%
ODFL	B	0.16%	0.15%	0.15%
ON	D	0.06%	0.04%	0.04%
ORCL	B	0.45%	0.33%	0.33%
ORLY	B	0.21%	0.07%	0.07%
OTIS	C	0.08%	0.09%	0.08%
PANW	C	0.18%	0.48%	0.18%
PAYC	B	0.03%	0.04%	0.03%
PAYX	C	0.11%	0.18%	0.11%
PCG	A	0.26%	0.07%	0.07%
PGR	A	0.23%	0.31%	0.23%
PH	A	0.17%	0.15%	0.15%
PHM	D	0.18%	0.04%	0.04%
PINS	D	0.05%	0.04%	0.04%
PLTR	B	0.18%	0.48%	0.18%
PNR	A	0.04%	0.05%	0.04%
PSA	D	0.07%	0.1%	0.07%
PSTG	D	0.03%	0.06%	0.03%
PTC	A	0.04%	0.09%	0.04%
PWR	A	0.37%	0.19%	0.19%
QRVO	F	0.01%	0.01%	0.01%
RJF	A	0.13%	0.07%	0.07%
ROK	B	0.1%	0.12%	0.1%
ROL	B	0.06%	0.06%	0.06%
ROP	B	0.09%	0.1%	0.09%
ROST	C	0.14%	0.18%	0.14%
RSG	A	0.2%	0.05%	0.05%
RVTY	F	0.02%	0.02%	0.02%
SBAC	D	0.03%	0.09%	0.03%
SHW	A	0.01%	0.11%	0.01%
SLB	C	0.09%	0.04%	0.04%
SMCI	F	0.03%	0.05%	0.03%
SNA	A	0.04%	0.02%	0.02%
SNAP	C	0.03%	0.04%	0.03%
SNOW	C	0.01%	0.16%	0.01%
SNPS	B	0.12%	0.32%	0.12%
SPGI	C	0.55%	0.26%	0.26%
SUI	D	0.01%	0.06%	0.01%
SWK	D	0.03%	0.02%	0.02%
SYY	B	0.04%	0.14%	0.04%
TDG	D	0.03%	0.27%	0.03%
TDY	B	0.04%	0.05%	0.04%
TEAM	A	0.06%	0.15%	0.06%
TECH	D	0.01%	0.04%	0.01%
TER	D	0.03%	0.03%	0.03%
TJX	A	0.39%	0.14%	0.14%
TMO	F	0.24%	0.11%	0.11%
TMUS	B	4.56%	0.09%	0.09%
TPL	A	0.05%	0.11%	0.05%
TRGP	B	0.08%	0.07%	0.07%
TRMB	B	0.04%	0.04%	0.04%
TRU	D	0.04%	0.07%	0.04%
TRV	B	0.09%	0.1%	0.09%
TSCO	D	0.09%	0.08%	0.08%
TSLA	B	1.32%	3.71%	1.32%
TT	A	0.65%	0.19%	0.19%
TW	A	0.06%	0.06%	0.06%
TWLO	A	0.01%	0.06%	0.01%
TXT	D	0.01%	0.03%	0.01%
TYL	B	0.04%	0.1%	0.04%
UBER	D	0.49%	0.54%	0.49%
UHAL	D	0.02%	0.0%	0.0%
UHAL	D	0.02%	0.01%	0.01%
ULTA	F	0.05%	0.03%	0.03%
UNH	C	0.01%	0.28%	0.01%
URI	B	0.47%	0.1%	0.1%
V	A	0.04%	2.01%	0.04%
VLTO	D	0.11%	0.06%	0.06%
VMC	B	0.59%	0.14%	0.14%
VRSK	A	0.09%	0.16%	0.09%
VRSN	F	0.01%	0.06%	0.01%
VRT	B	0.16%	0.2%	0.16%
VRTX	F	0.15%	0.2%	0.15%
VST	B	0.19%	0.12%	0.12%
VTR	C	0.06%	0.03%	0.03%
WAB	B	0.07%	0.13%	0.07%
WAT	B	0.03%	0.05%	0.03%
WDAY	B	0.08%	0.21%	0.08%
WELL	A	0.18%	0.12%	0.12%
WM	A	0.37%	0.09%	0.09%
WRB	A	0.03%	0.04%	0.03%
WSM	B	0.05%	0.04%	0.04%
WSO	A	0.16%	0.07%	0.07%
WST	C	0.03%	0.09%	0.03%
WTW	B	0.05%	0.06%	0.05%
XYL	D	0.06%	0.11%	0.06%
ZBRA	B	0.04%	0.06%	0.04%
ZS	C	0.03%	0.07%	0.03%
ZTS	D	0.08%	0.14%	0.08%

INRO Overweight 169 Positions Relative to ILCG

Symbol	Grade	Weight
JPM	A	1.74%
HON	B	1.6%
BXP	D	1.35%
HD	A	1.17%
NEE	D	0.97%
XOM	B	0.95%
PM	B	0.87%
BAC	A	0.81%
MMM	D	0.76%
GS	A	0.64%
WFC	A	0.64%
SO	D	0.6%
MS	A	0.55%
UNP	C	0.54%
DUK	C	0.54%
CVX	A	0.5%
COF	B	0.48%
CEG	D	0.45%
WMT	A	0.45%
LOW	D	0.43%
SCHW	B	0.41%
MO	A	0.41%
TXN	C	0.39%
ABBV	D	0.39%
QCOM	F	0.39%
JNJ	D	0.37%
C	A	0.34%
DHI	D	0.33%
AEP	D	0.32%
CME	A	0.3%
LEN	D	0.28%
EXC	C	0.25%
CSX	B	0.25%
Z	A	0.25%
XEL	A	0.24%
EMR	A	0.24%
COP	C	0.24%
MU	D	0.23%
INTC	D	0.22%
NSC	B	0.22%
WCN	A	0.21%
PNC	B	0.21%
EIX	B	0.21%
NVR	D	0.21%
DE	A	0.2%
USB	A	0.2%
AMGN	D	0.2%
ETR	B	0.2%
DHR	F	0.19%
SYF	B	0.18%
TFC	A	0.17%
CB	C	0.17%
EOG	A	0.15%
FE	C	0.15%
ITW	B	0.15%
ES	D	0.14%
PFE	D	0.14%
GILD	C	0.14%
WMB	A	0.13%
SW	A	0.13%
FCX	D	0.12%
OC	A	0.12%
NXPI	D	0.12%
OKE	A	0.12%
EVRG	A	0.11%
REGN	F	0.11%
LNT	A	0.11%
BK	A	0.11%
PCAR	B	0.11%
AMT	D	0.11%
BMY	B	0.11%
PKG	A	0.1%
KMI	A	0.1%
PSX	C	0.1%
MPC	D	0.1%
NTRS	A	0.1%
GLW	B	0.09%
GM	B	0.09%
IP	B	0.09%
AIG	B	0.09%
MTB	A	0.09%
AFL	B	0.09%
MET	A	0.08%
TGT	F	0.08%
FITB	A	0.08%
VLO	C	0.08%
HBAN	A	0.07%
RF	A	0.07%
PRU	A	0.07%
AMCR	D	0.07%
CCI	D	0.06%
CFG	B	0.06%
OXY	D	0.06%
FANG	D	0.06%
BRK.A	B	0.06%
F	C	0.06%
HPQ	B	0.06%
FBIN	D	0.06%
RTX	C	0.06%
IBM	C	0.06%
KR	B	0.05%
LMT	D	0.05%
PPL	B	0.05%
ATO	A	0.05%
HPE	B	0.05%
CG	A	0.05%
TROW	B	0.05%
BBY	D	0.05%
HIG	B	0.05%
KEY	B	0.05%
VICI	C	0.05%
STT	A	0.05%
WDC	D	0.04%
UPS	C	0.04%
MKTX	D	0.04%
CBOE	B	0.04%
DVN	F	0.04%
PFG	D	0.04%
BA	F	0.04%
MRO	B	0.03%
EG	C	0.03%
SWKS	F	0.03%
GD	F	0.03%
NOC	D	0.03%
L	A	0.03%
BIIB	F	0.03%
DOC	D	0.03%
WY	D	0.03%
ZM	B	0.03%
AES	F	0.03%
SSNC	B	0.03%
BEN	C	0.03%
STX	D	0.03%
KNX	B	0.03%
TTC	D	0.02%
DINO	D	0.02%
DG	F	0.02%
SEIC	B	0.02%
AIZ	A	0.02%
ALLY	C	0.02%
IOT	A	0.02%
UTHR	C	0.02%
BBWI	D	0.02%
CNH	C	0.02%
LHX	C	0.02%
MTCH	D	0.02%
OVV	B	0.02%
FDX	B	0.02%
GLPI	C	0.02%
FIS	C	0.01%
APD	A	0.01%
ACI	C	0.01%
STLD	B	0.01%
RS	B	0.01%
RPRX	D	0.01%
PYPL	B	0.01%
VTRS	A	0.01%
BIO	D	0.01%
CTLT	B	0.01%
APA	D	0.01%
RIVN	F	0.01%
NUE	C	0.01%
CHRD	D	0.01%
CTSH	B	0.01%
LYB	F	0.0%
CHRW	C	0.0%
FNF	B	0.0%
WBA	F	0.0%
EXPD	D	0.0%

INRO Underweight 126 Positions Relative to ILCG

Symbol	Grade	Weight
NFLX	A	-1.44%
ISRG	A	-0.73%
ANET	C	-0.37%
CMG	B	-0.31%
HLT	A	-0.24%
BSX	B	-0.24%
DIS	B	-0.23%
ABNB	C	-0.22%
BKNG	A	-0.22%
TTD	B	-0.21%
DASH	A	-0.21%
SYK	C	-0.21%
SQ	B	-0.2%
MCD	D	-0.17%
EW	C	-0.16%
MNST	C	-0.15%
RCL	A	-0.15%
SBUX	A	-0.15%
RMD	C	-0.14%
YUM	B	-0.14%
LULU	C	-0.13%
IDXX	F	-0.13%
TTWO	A	-0.12%
VEEV	C	-0.12%
DECK	A	-0.11%
RBLX	C	-0.11%
CHD	B	-0.11%
PLD	D	-0.11%
EA	A	-0.11%
DXCM	D	-0.11%
MSI	B	-0.1%
COR	B	-0.09%
CL	D	-0.09%
TEL	B	-0.09%
MCK	B	-0.09%
IBKR	A	-0.08%
NTRA	B	-0.08%
LYV	A	-0.08%
LVS	C	-0.08%
NKE	D	-0.08%
STZ	D	-0.08%
D	C	-0.08%
STE	F	-0.08%
FIX	A	-0.07%
FWONK	B	-0.07%
PODD	C	-0.07%
CPNG	D	-0.07%
CPAY	A	-0.07%
GEHC	F	-0.06%
EL	F	-0.06%
DPZ	C	-0.06%
KMB	D	-0.06%
NTNX	A	-0.06%
O	D	-0.06%
OKTA	C	-0.05%
AMH	D	-0.05%
KIM	A	-0.05%
KDP	D	-0.05%
NVT	B	-0.05%
JKHY	D	-0.05%
CLH	B	-0.05%
PFGC	B	-0.05%
CLX	B	-0.05%
AWK	D	-0.05%
SAIA	B	-0.05%
HSY	F	-0.05%
COO	D	-0.05%
WMS	D	-0.04%
MOH	F	-0.04%
DRI	B	-0.04%
SRPT	D	-0.04%
CHDN	B	-0.04%
WING	D	-0.04%
MKC	D	-0.04%
FND	C	-0.04%
CASY	A	-0.04%
MAR	B	-0.04%
TTEK	F	-0.04%
LW	C	-0.04%
ALGN	D	-0.04%
XPO	B	-0.04%
PPG	F	-0.04%
DKNG	B	-0.04%
ZBH	C	-0.04%
EXPE	B	-0.04%
RPM	A	-0.04%
GPN	B	-0.04%
LECO	B	-0.04%
BLD	D	-0.03%
ALB	C	-0.03%
POOL	C	-0.03%
AZPN	A	-0.03%
SCI	B	-0.03%
CMS	C	-0.03%
GPC	D	-0.03%
USFD	A	-0.03%
ELS	C	-0.03%
MEDP	D	-0.03%
CNM	D	-0.03%
UDR	B	-0.03%
TSN	B	-0.03%
WYNN	D	-0.03%
MORN	B	-0.03%
MGM	D	-0.02%
CELH	F	-0.02%
CE	F	-0.02%
BRKR	D	-0.02%
BJ	A	-0.02%
REG	B	-0.02%
FLEX	A	-0.02%
UHS	D	-0.02%
TOL	B	-0.02%
FFIV	B	-0.02%
U	C	-0.02%
PCOR	B	-0.02%
AKAM	D	-0.02%
APTV	D	-0.02%
RRX	B	-0.02%
FWONA	B	-0.01%
WLK	D	-0.01%
COTY	F	-0.01%
ALAB	B	-0.01%
HRL	D	-0.01%
WTRG	B	-0.01%
TFX	F	-0.01%
DVA	B	-0.01%