INRO vs. SUSL ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to iShares ESG MSCI USA Leaders ETF (SUSL)

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

SUSL

iShares ESG MSCI USA Leaders ETF

SUSL Description

The investment seeks to track the investment results of the MSCI Japan Equal Weighted Index (USD) composed of equal weighted Japanese equities. The index is designed to represent an alternative weighting methodology to its market capitalization-weighted parent index, the MSCI Japan Index (the "parent index"). The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$105.82

Average Daily Volume

22,593

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

Performance

Period	INRO	SUSL
30 Days	5.09%	3.38%
60 Days	6.25%	5.08%
90 Days	7.10%	6.25%
12 Months		32.87%

212 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in SUSL	Overlap
A	D	0.05%	0.14%	0.05%
ACGL	D	0.05%	0.13%	0.05%
ACI	C	0.01%	0.03%	0.01%
ACN	C	0.07%	0.82%	0.07%
ADBE	C	0.32%	0.81%	0.32%
ADP	B	0.29%	0.45%	0.29%
ADSK	A	0.09%	0.25%	0.09%
AFL	B	0.09%	0.22%	0.09%
AIZ	A	0.02%	0.04%	0.02%
ALL	A	0.08%	0.19%	0.08%
ALLE	D	0.08%	0.04%	0.04%
ALLY	C	0.02%	0.04%	0.02%
AMAT	F	0.3%	0.53%	0.3%
AMD	F	0.47%	0.8%	0.47%
AMGN	D	0.2%	0.56%	0.2%
AMP	A	0.19%	0.2%	0.19%
AMT	D	0.11%	0.34%	0.11%
ANSS	B	0.05%	0.11%	0.05%
APD	A	0.01%	0.26%	0.01%
ATO	A	0.05%	0.08%	0.05%
AVTR	F	0.02%	0.05%	0.02%
AVY	D	0.07%	0.06%	0.06%
AXON	A	0.02%	0.16%	0.02%
AXP	A	1.14%	0.61%	0.61%
AZO	C	0.15%	0.19%	0.15%
BALL	D	0.08%	0.07%	0.07%
BBWI	D	0.02%	0.02%	0.02%
BBY	D	0.05%	0.06%	0.05%
BEN	C	0.03%	0.02%	0.02%
BIIB	F	0.03%	0.08%	0.03%
BK	A	0.11%	0.21%	0.11%
BKR	B	0.07%	0.16%	0.07%
BMY	B	0.11%	0.43%	0.11%
BR	A	0.08%	0.1%	0.08%
BURL	A	0.05%	0.06%	0.05%
BXP	D	1.35%	0.04%	0.04%
CARR	D	0.42%	0.22%	0.22%
CAT	B	0.35%	0.69%	0.35%
CBOE	B	0.04%	0.08%	0.04%
CBRE	B	0.87%	0.15%	0.15%
CCI	D	0.06%	0.16%	0.06%
CDNS	B	0.12%	0.3%	0.12%
CFG	B	0.06%	0.08%	0.06%
CHRW	C	0.0%	0.05%	0.0%
CMI	A	0.1%	0.18%	0.1%
CNH	C	0.02%	0.04%	0.02%
COF	B	0.48%	0.25%	0.25%
CRM	B	0.45%	1.18%	0.45%
CSX	B	0.25%	0.25%	0.25%
CTAS	B	0.34%	0.29%	0.29%
CTLT	B	0.01%	0.04%	0.01%
DAL	C	0.03%	0.04%	0.03%
DAY	B	0.03%	0.05%	0.03%
DE	A	0.2%	0.41%	0.2%
DFS	B	0.29%	0.16%	0.16%
DHI	D	0.33%	0.17%	0.17%
DHR	F	0.19%	0.57%	0.19%
DINO	D	0.02%	0.03%	0.02%
DLR	B	0.07%	0.22%	0.07%
DOC	D	0.03%	0.06%	0.03%
DOCU	A	0.02%	0.06%	0.02%
DOV	A	0.05%	0.1%	0.05%
EBAY	D	0.02%	0.11%	0.02%
ECL	D	0.0%	0.23%	0.0%
EIX	B	0.21%	0.12%	0.12%
EME	C	0.19%	0.09%	0.09%
ENPH	F	0.02%	0.03%	0.02%
EQIX	A	0.1%	0.32%	0.1%
ES	D	0.14%	0.08%	0.08%
ETN	A	0.48%	0.54%	0.48%
EXC	C	0.25%	0.14%	0.14%
EXPD	D	0.0%	0.06%	0.0%
FBIN	D	0.06%	0.03%	0.03%
FDS	B	0.08%	0.07%	0.07%
FI	A	0.01%	0.46%	0.01%
FICO	B	0.08%	0.21%	0.08%
FIS	C	0.01%	0.17%	0.01%
FSLR	F	0.04%	0.07%	0.04%
FTV	C	0.05%	0.1%	0.05%
GE	D	0.08%	0.71%	0.08%
GEN	B	0.02%	0.06%	0.02%
GGG	B	0.03%	0.05%	0.03%
GILD	C	0.14%	0.4%	0.14%
GOOG	C	2.72%	3.09%	2.72%
GOOGL	C	3.13%	3.56%	3.13%
GWW	B	0.44%	0.19%	0.19%
HAL	C	0.04%	0.1%	0.04%
HBAN	A	0.07%	0.09%	0.07%
HD	A	1.17%	1.47%	1.17%
HIG	B	0.05%	0.13%	0.05%
HPE	B	0.05%	0.1%	0.05%
HPQ	B	0.06%	0.13%	0.06%
HUBS	A	0.05%	0.13%	0.05%
IBM	C	0.06%	0.74%	0.06%
ICE	C	0.33%	0.33%	0.33%
IEX	B	0.03%	0.06%	0.03%
INTC	D	0.22%	0.38%	0.22%
INTU	C	0.26%	0.69%	0.26%
IP	B	0.09%	0.07%	0.07%
IQV	D	0.05%	0.13%	0.05%
IR	B	0.08%	0.15%	0.08%
IRM	D	0.04%	0.13%	0.04%
IT	C	0.02%	0.15%	0.02%
ITW	B	0.15%	0.29%	0.15%
JBHT	C	0.06%	0.05%	0.05%
JCI	C	0.39%	0.2%	0.2%
JNJ	D	0.37%	1.35%	0.37%
KEY	B	0.05%	0.07%	0.05%
KEYS	A	0.06%	0.11%	0.06%
KMX	B	0.03%	0.05%	0.03%
KNX	B	0.03%	0.03%	0.03%
KR	B	0.05%	0.15%	0.05%
LII	A	0.14%	0.08%	0.08%
LIN	D	0.03%	0.79%	0.03%
LLY	F	0.57%	2.19%	0.57%
LNG	B	0.09%	0.19%	0.09%
LOW	D	0.43%	0.55%	0.43%
LPLA	A	0.08%	0.09%	0.08%
LRCX	F	0.19%	0.35%	0.19%
LYB	F	0.0%	0.08%	0.0%
MA	C	0.04%	1.55%	0.04%
MANH	D	0.03%	0.06%	0.03%
MCO	B	0.28%	0.28%	0.28%
MELI	D	0.07%	0.32%	0.07%
MKTX	D	0.04%	0.04%	0.04%
MLM	B	0.57%	0.13%	0.13%
MMC	B	0.16%	0.4%	0.16%
MMM	D	0.76%	0.25%	0.25%
MPC	D	0.1%	0.2%	0.1%
MRK	F	0.24%	0.91%	0.24%
MRVL	B	0.16%	0.29%	0.16%
MS	A	0.55%	0.6%	0.55%
MSFT	F	4.24%	10.54%	4.24%
MTD	D	0.03%	0.09%	0.03%
NBIX	C	0.02%	0.05%	0.02%
NDAQ	A	0.14%	0.13%	0.13%
NEM	D	0.11%	0.18%	0.11%
NOW	A	0.3%	0.78%	0.3%
NRG	B	0.12%	0.07%	0.07%
NTAP	C	0.04%	0.09%	0.04%
NTRS	A	0.1%	0.08%	0.08%
NUE	C	0.01%	0.13%	0.01%
NVDA	C	7.62%	13.05%	7.62%
NVR	D	0.21%	0.1%	0.1%
NXPI	D	0.12%	0.21%	0.12%
OC	A	0.12%	0.06%	0.06%
ODFL	B	0.16%	0.15%	0.15%
OKE	A	0.12%	0.25%	0.12%
ORLY	B	0.21%	0.26%	0.21%
PANW	C	0.18%	0.47%	0.18%
PAYX	C	0.11%	0.17%	0.11%
PFG	D	0.04%	0.07%	0.04%
PGR	A	0.23%	0.56%	0.23%
PHM	D	0.18%	0.1%	0.1%
PNC	B	0.21%	0.3%	0.21%
PNR	A	0.04%	0.06%	0.04%
PRU	A	0.07%	0.16%	0.07%
PSX	C	0.1%	0.2%	0.1%
PTC	A	0.04%	0.08%	0.04%
PWR	A	0.37%	0.18%	0.18%
PYPL	B	0.01%	0.31%	0.01%
RF	A	0.07%	0.09%	0.07%
RIVN	F	0.01%	0.03%	0.01%
RJF	A	0.13%	0.12%	0.12%
ROK	B	0.1%	0.11%	0.1%
SBAC	D	0.03%	0.09%	0.03%
SCHW	B	0.41%	0.44%	0.41%
SLB	C	0.09%	0.23%	0.09%
SNPS	B	0.12%	0.31%	0.12%
SPGI	C	0.55%	0.59%	0.55%
STLD	B	0.01%	0.08%	0.01%
STT	A	0.05%	0.1%	0.05%
STX	D	0.03%	0.07%	0.03%
SW	A	0.13%	0.11%	0.11%
SYF	B	0.18%	0.09%	0.09%
TEAM	A	0.06%	0.15%	0.06%
TECH	D	0.01%	0.04%	0.01%
TFC	A	0.17%	0.23%	0.17%
TGT	F	0.08%	0.2%	0.08%
TJX	A	0.39%	0.49%	0.39%
TRGP	B	0.08%	0.16%	0.08%
TRMB	B	0.04%	0.06%	0.04%
TROW	B	0.05%	0.1%	0.05%
TRU	D	0.04%	0.07%	0.04%
TRV	B	0.09%	0.22%	0.09%
TSCO	D	0.09%	0.11%	0.09%
TSLA	B	1.32%	3.52%	1.32%
TT	A	0.65%	0.34%	0.34%
TTC	D	0.02%	0.03%	0.02%
TWLO	A	0.01%	0.06%	0.01%
TXN	C	0.39%	0.65%	0.39%
ULTA	F	0.05%	0.06%	0.05%
UNP	C	0.54%	0.53%	0.53%
UPS	C	0.04%	0.35%	0.04%
URI	B	0.47%	0.2%	0.2%
USB	A	0.2%	0.29%	0.2%
V	A	0.04%	1.76%	0.04%
VLO	C	0.08%	0.17%	0.08%
VLTO	D	0.11%	0.1%	0.1%
WAT	B	0.03%	0.08%	0.03%
WBA	F	0.0%	0.02%	0.0%
WDAY	B	0.08%	0.21%	0.08%
WDC	D	0.04%	0.08%	0.04%
WELL	A	0.18%	0.3%	0.18%
WMB	A	0.13%	0.26%	0.13%
WSM	B	0.05%	0.08%	0.05%
WST	C	0.03%	0.08%	0.03%
WTW	B	0.05%	0.12%	0.05%
WY	D	0.03%	0.08%	0.03%
XYL	D	0.06%	0.11%	0.06%
ZS	C	0.03%	0.07%	0.03%
ZTS	D	0.08%	0.29%	0.08%

INRO Overweight 217 Positions Relative to SUSL

Symbol	Grade	Weight
AAPL	C	5.76%
TMUS	B	4.56%
META	D	3.68%
JPM	A	1.74%
HON	B	1.6%
AVGO	D	1.54%
AMZN	C	1.47%
NEE	D	0.97%
XOM	B	0.95%
PM	B	0.87%
BAC	A	0.81%
GS	A	0.64%
WFC	A	0.64%
CSGP	D	0.63%
SO	D	0.6%
VMC	B	0.59%
DUK	C	0.54%
CVX	A	0.5%
UBER	D	0.49%
COST	B	0.47%
BX	A	0.45%
ORCL	B	0.45%
CEG	D	0.45%
WMT	A	0.45%
MO	A	0.41%
FAST	B	0.4%
ABBV	D	0.39%
QCOM	F	0.39%
WM	A	0.37%
C	A	0.34%
AEP	D	0.32%
KKR	A	0.31%
GEV	B	0.31%
CME	A	0.3%
LEN	D	0.28%
PCG	A	0.26%
Z	A	0.25%
XEL	A	0.24%
EMR	A	0.24%
COP	C	0.24%
TMO	F	0.24%
MU	D	0.23%
GRMN	B	0.22%
NSC	B	0.22%
ADI	D	0.22%
WCN	A	0.21%
CPRT	A	0.21%
RSG	A	0.2%
COIN	C	0.2%
ETR	B	0.2%
VST	B	0.19%
APH	A	0.19%
PLTR	B	0.18%
CB	C	0.17%
PH	A	0.17%
KLAC	D	0.17%
WSO	A	0.16%
MSCI	C	0.16%
VRT	B	0.16%
EOG	A	0.15%
AME	A	0.15%
FE	C	0.15%
VRTX	F	0.15%
BLDR	D	0.15%
ROST	C	0.14%
PFE	D	0.14%
CSL	C	0.14%
FCX	D	0.12%
MAS	D	0.12%
CRWD	B	0.12%
ARES	A	0.12%
EVRG	A	0.11%
REGN	F	0.11%
LNT	A	0.11%
PCAR	B	0.11%
AON	A	0.11%
ACM	A	0.11%
APP	B	0.1%
AJG	B	0.1%
PKG	A	0.1%
KMI	A	0.1%
MSTR	C	0.1%
GLW	B	0.09%
GM	B	0.09%
AIG	B	0.09%
MTB	A	0.09%
ROP	B	0.09%
VRSK	A	0.09%
MCHP	D	0.08%
EFX	F	0.08%
OTIS	C	0.08%
HUBB	B	0.08%
MET	A	0.08%
FITB	A	0.08%
FTNT	C	0.08%
PSA	D	0.07%
DELL	C	0.07%
WAB	B	0.07%
AMCR	D	0.07%
HES	B	0.07%
DDOG	A	0.06%
VTR	C	0.06%
ON	D	0.06%
HOOD	B	0.06%
MPWR	F	0.06%
AOS	F	0.06%
OXY	D	0.06%
FANG	D	0.06%
BRK.A	B	0.06%
F	C	0.06%
ROL	B	0.06%
RTX	C	0.06%
TW	A	0.06%
LMT	D	0.05%
PPL	B	0.05%
LDOS	C	0.05%
CG	A	0.05%
CCK	C	0.05%
TPL	A	0.05%
CDW	F	0.05%
FCNCA	A	0.05%
PINS	D	0.05%
VICI	C	0.05%
SNA	A	0.04%
ARE	D	0.04%
ALNY	D	0.04%
BRO	B	0.04%
TYL	B	0.04%
CINF	A	0.04%
J	F	0.04%
MKL	A	0.04%
DVN	F	0.04%
EQT	B	0.04%
SYY	B	0.04%
BA	F	0.04%
BAH	F	0.04%
ZBRA	B	0.04%
EXR	D	0.04%
TDY	B	0.04%
SMCI	F	0.03%
SWK	D	0.03%
MRO	B	0.03%
DT	C	0.03%
EG	C	0.03%
PSTG	D	0.03%
PAYC	B	0.03%
SWKS	F	0.03%
ILMN	D	0.03%
NDSN	B	0.03%
GD	F	0.03%
CTRA	B	0.03%
WRB	A	0.03%
NOC	D	0.03%
L	A	0.03%
TDG	D	0.03%
ENTG	D	0.03%
SNAP	C	0.03%
JBL	B	0.03%
ZM	B	0.03%
TER	D	0.03%
AES	F	0.03%
SSNC	B	0.03%
DKS	C	0.03%
INCY	C	0.02%
BMRN	D	0.02%
LUV	C	0.02%
MRNA	F	0.02%
DG	F	0.02%
SEIC	B	0.02%
ERIE	D	0.02%
HWM	A	0.02%
AFG	A	0.02%
RVTY	F	0.02%
UHAL	D	0.02%
IOT	A	0.02%
UTHR	C	0.02%
LHX	C	0.02%
MTCH	D	0.02%
OVV	B	0.02%
FDX	B	0.02%
GLPI	C	0.02%
CPT	B	0.01%
CTVA	C	0.01%
SUI	D	0.01%
DOW	F	0.01%
SHW	A	0.01%
TXT	D	0.01%
MDB	C	0.01%
ESS	B	0.01%
RS	B	0.01%
VRSN	F	0.01%
MAA	B	0.01%
HEI	B	0.01%
INVH	D	0.01%
RPRX	D	0.01%
EPAM	C	0.01%
VTRS	A	0.01%
BIO	D	0.01%
NET	B	0.01%
APO	B	0.01%
DD	D	0.01%
UNH	C	0.01%
APA	D	0.01%
EQR	B	0.01%
DLTR	F	0.01%
EXAS	D	0.01%
SNOW	C	0.01%
CRL	C	0.01%
AVB	B	0.01%
QRVO	F	0.01%
CHRD	D	0.01%
GDDY	A	0.01%
BSY	D	0.01%
CTSH	B	0.01%
HII	D	0.0%
FNF	B	0.0%
HEI	B	0.0%

INRO Underweight 81 Positions Relative to SUSL

Symbol	Grade	Weight
PG	A	-1.47%
KO	D	-0.94%
PEP	F	-0.8%
DIS	B	-0.76%
MCD	D	-0.75%
VZ	C	-0.65%
BKNG	A	-0.64%
CMCSA	B	-0.62%
BLK	C	-0.55%
PLD	D	-0.38%
CI	F	-0.34%
ELV	F	-0.34%
NKE	D	-0.33%
CL	D	-0.27%
CRH	A	-0.25%
HCA	F	-0.24%
HLT	A	-0.23%
SRE	A	-0.22%
RCL	A	-0.21%
DASH	A	-0.19%
KMB	D	-0.17%
COR	B	-0.16%
FERG	B	-0.15%
EA	A	-0.15%
EW	C	-0.15%
YUM	B	-0.14%
KDP	D	-0.13%
GEHC	F	-0.13%
HUM	C	-0.13%
GIS	D	-0.13%
CHTR	C	-0.13%
LULU	C	-0.13%
ED	D	-0.12%
IDXX	F	-0.12%
DXCM	D	-0.11%
TTWO	A	-0.11%
AWK	D	-0.1%
CHD	B	-0.1%
DECK	A	-0.1%
PPG	F	-0.1%
CMS	C	-0.08%
CLX	B	-0.08%
STE	F	-0.08%
K	A	-0.08%
ZBH	C	-0.08%
IFF	D	-0.08%
PODD	C	-0.07%
HOLX	D	-0.07%
DGX	A	-0.07%
DRI	B	-0.07%
COO	D	-0.07%
MKC	D	-0.07%
OMC	C	-0.07%
LH	C	-0.07%
DPZ	C	-0.06%
ALGN	D	-0.06%
NI	A	-0.06%
GPC	D	-0.06%
EQH	B	-0.06%
MOH	F	-0.06%
BG	F	-0.05%
CAG	D	-0.05%
POOL	C	-0.05%
AKAM	D	-0.05%
APTV	D	-0.05%
NLY	C	-0.04%
LKQ	D	-0.04%
SOLV	C	-0.04%
WTRG	B	-0.04%
FOXA	B	-0.04%
IPG	D	-0.04%
LW	C	-0.04%
JNPR	F	-0.04%
SJM	D	-0.04%
AZPN	A	-0.03%
CPB	D	-0.03%
DVA	B	-0.03%
TFX	F	-0.03%
HRL	D	-0.03%
HSIC	B	-0.03%
FOX	A	-0.02%