INRO vs. NXTE ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to AXS Green Alpha ETF (NXTE)

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

$27.90

Average Daily Volume

3,682

Number of Holdings ^*

423

* may have additional holdings in another (foreign) market

NXTE

AXS Green Alpha ETF

NXTE Description

AXS Green Alpha ETF is an actively managed portfolio seeking long-term capital appreciation. It's for the discerning, socially responsible investor looking for sustainability and the potential for above-average alpha. The ETF invests in Next Economy™ companies selected by Green Alpha Investments for their attractive growth prospects and a demonstrated commitment to promoting a sustainable environment and economy.

Grade (RS Rating)

Last Trade

$32.20

Average Daily Volume

4,156

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	INRO	NXTE
30 Days	3.09%	-1.18%
60 Days	7.53%	-0.52%
90 Days	8.17%	0.93%
12 Months		12.84%

15 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in NXTE	Overlap
ABBV	F	0.4%	2.3%	0.4%
ADI	D	0.23%	1.17%	0.23%
AMAT	F	0.32%	4.82%	0.32%
ARE	F	0.04%	1.94%	0.04%
BXP	D	1.38%	1.38%	1.38%
CRWD	B	0.11%	0.59%	0.11%
DLR	C	0.07%	3.21%	0.07%
ENPH	F	0.02%	0.46%	0.02%
EQIX	B	0.1%	2.29%	0.1%
FSLR	F	0.04%	1.39%	0.04%
IBM	D	0.06%	5.13%	0.06%
LRCX	F	0.21%	3.62%	0.21%
MRNA	F	0.02%	1.16%	0.02%
QCOM	F	0.39%	3.67%	0.39%
RIVN	F	0.01%	0.69%	0.01%

INRO Overweight 408 Positions Relative to NXTE

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

INRO Underweight 38 Positions Relative to NXTE

Symbol	Grade	Weight
TSM	C	-7.63%
SFM	B	-4.33%
CRSP	D	-3.77%
ASML	D	-3.6%
NGVC	B	-3.12%
SLG	C	-2.99%
HASI	F	-2.12%
VNO	C	-1.97%
JKS	D	-1.83%
SKM	D	-1.47%
TILE	B	-1.46%
TREX	C	-1.45%
HRZN	F	-1.4%
HPP	F	-1.39%
CRBU	D	-1.34%
RPD	C	-1.26%
KRC	C	-1.09%
XPEV	C	-0.91%
ZK	C	-0.91%
SCS	B	-0.9%
BNTX	D	-0.82%
ARCT	F	-0.8%
AEIS	B	-0.72%
FREY	B	-0.65%
QS	F	-0.59%
PACB	F	-0.59%
HNST	B	-0.57%
VITL	F	-0.57%
EDIT	F	-0.49%
DQ	C	-0.42%
CSIQ	F	-0.39%
VERV	D	-0.38%
RXRX	C	-0.36%
CMC	B	-0.3%
PRME	D	-0.22%
TPIC	F	-0.18%
WOLF	F	-0.09%
RUN	F	-0.07%