INRO vs. USCA ETF Comparison

Comparison of BlackRock U.S. Industry Rotation ETF (INRO) to Xtrackers MSCI USA Climate Action Equity ETF (USCA)

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

USCA

Xtrackers MSCI USA Climate Action Equity ETF

USCA Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is comprised of large and mid-capitalization companies in the United States that the underlying index"s methodology assesses as leading their sector peers in taking action relating to a climate transition. The fund will invest at least 80% of its total assets in component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.72

Average Daily Volume

99,900

Number of Holdings ^*

293

* may have additional holdings in another (foreign) market

Performance

Period	INRO	USCA
30 Days	5.09%	3.84%
60 Days	6.25%	5.61%
90 Days	7.10%	7.33%
12 Months		34.59%

222 Overlapping Holdings

Symbol	Grade	Weight in INRO	Weight in USCA	Overlap
A	D	0.05%	0.1%	0.05%
AAPL	C	5.76%	5.22%	5.22%
ABBV	D	0.39%	0.81%	0.39%
ACGL	D	0.05%	0.1%	0.05%
ACM	A	0.11%	0.04%	0.04%
ACN	C	0.07%	0.61%	0.07%
ADBE	C	0.32%	0.64%	0.32%
ADI	D	0.22%	0.29%	0.22%
ADP	B	0.29%	0.33%	0.29%
ADSK	A	0.09%	0.18%	0.09%
AEP	D	0.32%	0.13%	0.13%
AIG	B	0.09%	0.14%	0.09%
AJG	B	0.1%	0.17%	0.1%
AMD	F	0.47%	0.6%	0.47%
AME	A	0.15%	0.12%	0.12%
AMGN	D	0.2%	0.43%	0.2%
AMT	D	0.11%	0.24%	0.11%
AMZN	C	1.47%	5.12%	1.47%
ANSS	B	0.05%	0.08%	0.05%
AON	A	0.11%	0.2%	0.11%
APO	B	0.01%	0.17%	0.01%
ARE	D	0.04%	0.05%	0.04%
ATO	A	0.05%	0.06%	0.05%
AVB	B	0.01%	0.09%	0.01%
AVGO	D	1.54%	2.03%	1.54%
AVY	D	0.07%	0.04%	0.04%
AXP	A	1.14%	0.45%	0.45%
BAC	A	0.81%	0.88%	0.81%
BAH	F	0.04%	0.06%	0.04%
BALL	D	0.08%	0.05%	0.05%
BIIB	F	0.03%	0.07%	0.03%
BK	A	0.11%	0.16%	0.11%
BKR	B	0.07%	0.12%	0.07%
BMY	B	0.11%	0.32%	0.11%
BR	A	0.08%	0.07%	0.07%
BSY	D	0.01%	0.02%	0.01%
BX	A	0.45%	0.35%	0.35%
BXP	D	1.35%	0.03%	0.03%
CAT	B	0.35%	0.51%	0.35%
CB	C	0.17%	0.3%	0.17%
CBOE	B	0.04%	0.06%	0.04%
CBRE	B	0.87%	0.11%	0.11%
CCI	D	0.06%	0.12%	0.06%
CCK	C	0.05%	0.03%	0.03%
CDNS	B	0.12%	0.23%	0.12%
CEG	D	0.45%	0.19%	0.19%
CG	A	0.05%	0.03%	0.03%
CME	A	0.3%	0.22%	0.22%
CMI	A	0.1%	0.13%	0.1%
COP	C	0.24%	0.36%	0.24%
CPRT	A	0.21%	0.13%	0.13%
CRL	C	0.01%	0.03%	0.01%
CRM	B	0.45%	0.86%	0.45%
CRWD	B	0.12%	0.21%	0.12%
CSL	C	0.14%	0.06%	0.06%
CSX	B	0.25%	0.19%	0.19%
CTAS	B	0.34%	0.21%	0.21%
CTLT	B	0.01%	0.03%	0.01%
CTSH	B	0.01%	0.11%	0.01%
CTVA	C	0.01%	0.11%	0.01%
CVX	A	0.5%	0.76%	0.5%
DAY	B	0.03%	0.03%	0.03%
DD	D	0.01%	0.09%	0.01%
DE	A	0.2%	0.28%	0.2%
DELL	C	0.07%	0.1%	0.07%
DFS	B	0.29%	0.12%	0.12%
DHR	F	0.19%	0.44%	0.19%
DLR	B	0.07%	0.15%	0.07%
DOC	D	0.03%	0.04%	0.03%
DOV	A	0.05%	0.08%	0.05%
DUK	C	0.54%	0.23%	0.23%
EBAY	D	0.02%	0.09%	0.02%
ECL	D	0.0%	0.17%	0.0%
EFX	F	0.08%	0.09%	0.08%
EMR	A	0.24%	0.2%	0.2%
EOG	A	0.15%	0.21%	0.15%
EQIX	A	0.1%	0.23%	0.1%
EQR	B	0.01%	0.07%	0.01%
ES	D	0.14%	0.06%	0.06%
ETN	A	0.48%	0.39%	0.39%
EXC	C	0.25%	0.1%	0.1%
EXPD	D	0.0%	0.05%	0.0%
F	C	0.06%	0.12%	0.06%
FANG	D	0.06%	0.09%	0.06%
FCX	D	0.12%	0.17%	0.12%
FDS	B	0.08%	0.05%	0.05%
FDX	B	0.02%	0.19%	0.02%
FI	A	0.01%	0.33%	0.01%
FIS	C	0.01%	0.14%	0.01%
FSLR	F	0.04%	0.05%	0.04%
FTNT	C	0.08%	0.16%	0.08%
FTV	C	0.05%	0.07%	0.05%
GEN	B	0.02%	0.05%	0.02%
GGG	B	0.03%	0.04%	0.03%
GILD	C	0.14%	0.31%	0.14%
GM	B	0.09%	0.18%	0.09%
GOOG	C	2.72%	2.02%	2.02%
GOOGL	C	3.13%	2.33%	2.33%
GRMN	B	0.22%	0.09%	0.09%
GS	A	0.64%	0.51%	0.51%
HD	A	1.17%	1.08%	1.08%
HES	B	0.07%	0.11%	0.07%
HIG	B	0.05%	0.1%	0.05%
HPE	B	0.05%	0.07%	0.05%
HUBB	B	0.08%	0.06%	0.06%
HUBS	A	0.05%	0.1%	0.05%
IBM	C	0.06%	0.51%	0.06%
ICE	C	0.33%	0.24%	0.24%
IEX	B	0.03%	0.05%	0.03%
ILMN	D	0.03%	0.06%	0.03%
INCY	C	0.02%	0.04%	0.02%
INTC	D	0.22%	0.29%	0.22%
INTU	C	0.26%	0.53%	0.26%
IQV	D	0.05%	0.1%	0.05%
IT	C	0.02%	0.11%	0.02%
ITW	B	0.15%	0.22%	0.15%
JBHT	C	0.06%	0.04%	0.04%
JCI	C	0.39%	0.16%	0.16%
JNJ	D	0.37%	0.98%	0.37%
JPM	A	1.74%	1.87%	1.74%
KMI	A	0.1%	0.15%	0.1%
LII	A	0.14%	0.05%	0.05%
LIN	D	0.03%	0.59%	0.03%
LLY	F	0.57%	1.71%	0.57%
LNT	A	0.11%	0.04%	0.04%
MA	C	0.04%	1.16%	0.04%
MANH	D	0.03%	0.05%	0.03%
MCO	B	0.28%	0.21%	0.21%
MELI	D	0.07%	0.23%	0.07%
META	D	3.68%	3.41%	3.41%
MLM	B	0.57%	0.1%	0.1%
MMC	B	0.16%	0.29%	0.16%
MMM	D	0.76%	0.2%	0.2%
MRK	F	0.24%	0.67%	0.24%
MRO	B	0.03%	0.05%	0.03%
MS	A	0.55%	0.44%	0.44%
MSFT	F	4.24%	4.41%	4.24%
MTCH	D	0.02%	0.02%	0.02%
MTD	D	0.03%	0.07%	0.03%
NDAQ	A	0.14%	0.09%	0.09%
NEE	D	0.97%	0.41%	0.41%
NEM	D	0.11%	0.13%	0.11%
NET	B	0.01%	0.07%	0.01%
NOW	A	0.3%	0.57%	0.3%
NSC	B	0.22%	0.16%	0.16%
NTRS	A	0.1%	0.06%	0.06%
NUE	C	0.01%	0.09%	0.01%
NVDA	C	7.62%	6.73%	6.73%
OC	A	0.12%	0.04%	0.04%
ODFL	B	0.16%	0.12%	0.12%
OKE	A	0.12%	0.17%	0.12%
ORCL	B	0.45%	0.83%	0.45%
OXY	D	0.06%	0.09%	0.06%
PANW	C	0.18%	0.34%	0.18%
PAYC	B	0.03%	0.03%	0.03%
PAYX	C	0.11%	0.13%	0.11%
PCAR	B	0.11%	0.16%	0.11%
PFE	D	0.14%	0.4%	0.14%
PGR	A	0.23%	0.41%	0.23%
PINS	D	0.05%	0.05%	0.05%
PLTR	B	0.18%	0.32%	0.18%
PNR	A	0.04%	0.05%	0.04%
PTC	A	0.04%	0.06%	0.04%
PWR	A	0.37%	0.13%	0.13%
PYPL	B	0.01%	0.23%	0.01%
QCOM	F	0.39%	0.49%	0.39%
REGN	F	0.11%	0.22%	0.11%
ROK	B	0.1%	0.09%	0.09%
ROP	B	0.09%	0.16%	0.09%
RSG	A	0.2%	0.12%	0.12%
RVTY	F	0.02%	0.04%	0.02%
SCHW	B	0.41%	0.32%	0.32%
SHW	A	0.01%	0.26%	0.01%
SLB	C	0.09%	0.17%	0.09%
SNAP	C	0.03%	0.03%	0.03%
SNOW	C	0.01%	0.1%	0.01%
SNPS	B	0.12%	0.23%	0.12%
SO	D	0.6%	0.26%	0.26%
SPGI	C	0.55%	0.44%	0.44%
STLD	B	0.01%	0.06%	0.01%
STT	A	0.05%	0.08%	0.05%
TEAM	A	0.06%	0.11%	0.06%
TGT	F	0.08%	0.19%	0.08%
TMO	F	0.24%	0.55%	0.24%
TMUS	B	4.56%	0.34%	0.34%
TRMB	B	0.04%	0.05%	0.04%
TROW	B	0.05%	0.07%	0.05%
TRU	D	0.04%	0.05%	0.04%
TRV	B	0.09%	0.16%	0.09%
TSLA	B	1.32%	2.41%	1.32%
TT	A	0.65%	0.25%	0.25%
TW	A	0.06%	0.04%	0.04%
TWLO	A	0.01%	0.05%	0.01%
TXN	C	0.39%	0.5%	0.39%
UBER	D	0.49%	0.36%	0.36%
ULTA	F	0.05%	0.05%	0.05%
UNH	C	0.01%	1.47%	0.01%
UNP	C	0.54%	0.39%	0.39%
UPS	C	0.04%	0.26%	0.04%
USB	A	0.2%	0.21%	0.2%
V	A	0.04%	1.31%	0.04%
VICI	C	0.05%	0.09%	0.05%
VRSK	A	0.09%	0.11%	0.09%
VRTX	F	0.15%	0.34%	0.15%
WAB	B	0.07%	0.09%	0.07%
WAT	B	0.03%	0.06%	0.03%
WCN	A	0.21%	0.13%	0.13%
WDAY	B	0.08%	0.15%	0.08%
WELL	A	0.18%	0.22%	0.18%
WFC	A	0.64%	0.69%	0.64%
WM	A	0.37%	0.24%	0.24%
WMT	A	0.45%	1.01%	0.45%
WRB	A	0.03%	0.05%	0.03%
WSM	B	0.05%	0.04%	0.04%
WST	C	0.03%	0.07%	0.03%
WTW	B	0.05%	0.08%	0.05%
WY	D	0.03%	0.06%	0.03%
XEL	A	0.24%	0.1%	0.1%
XOM	B	0.95%	1.46%	0.95%
XYL	D	0.06%	0.08%	0.06%
ZS	C	0.03%	0.05%	0.03%
ZTS	D	0.08%	0.21%	0.08%

INRO Overweight 207 Positions Relative to USCA

Symbol	Grade	Weight
HON	B	1.6%
PM	B	0.87%
CSGP	D	0.63%
VMC	B	0.59%
COF	B	0.48%
URI	B	0.47%
COST	B	0.47%
GWW	B	0.44%
LOW	D	0.43%
CARR	D	0.42%
MO	A	0.41%
FAST	B	0.4%
TJX	A	0.39%
C	A	0.34%
DHI	D	0.33%
KKR	A	0.31%
GEV	B	0.31%
AMAT	F	0.3%
LEN	D	0.28%
PCG	A	0.26%
Z	A	0.25%
MU	D	0.23%
ORLY	B	0.21%
PNC	B	0.21%
EIX	B	0.21%
NVR	D	0.21%
COIN	C	0.2%
ETR	B	0.2%
VST	B	0.19%
EME	C	0.19%
APH	A	0.19%
AMP	A	0.19%
LRCX	F	0.19%
SYF	B	0.18%
PHM	D	0.18%
TFC	A	0.17%
PH	A	0.17%
KLAC	D	0.17%
WSO	A	0.16%
MSCI	C	0.16%
VRT	B	0.16%
MRVL	B	0.16%
FE	C	0.15%
AZO	C	0.15%
BLDR	D	0.15%
ROST	C	0.14%
WMB	A	0.13%
RJF	A	0.13%
SW	A	0.13%
MAS	D	0.12%
NXPI	D	0.12%
ARES	A	0.12%
NRG	B	0.12%
EVRG	A	0.11%
VLTO	D	0.11%
APP	B	0.1%
PKG	A	0.1%
PSX	C	0.1%
MPC	D	0.1%
MSTR	C	0.1%
GLW	B	0.09%
TSCO	D	0.09%
IP	B	0.09%
LNG	B	0.09%
MTB	A	0.09%
AFL	B	0.09%
MCHP	D	0.08%
TRGP	B	0.08%
OTIS	C	0.08%
LPLA	A	0.08%
MET	A	0.08%
IR	B	0.08%
GE	D	0.08%
ALL	A	0.08%
FITB	A	0.08%
FICO	B	0.08%
VLO	C	0.08%
ALLE	D	0.08%
PSA	D	0.07%
HBAN	A	0.07%
RF	A	0.07%
PRU	A	0.07%
AMCR	D	0.07%
CFG	B	0.06%
DDOG	A	0.06%
VTR	C	0.06%
KEYS	A	0.06%
ON	D	0.06%
HOOD	B	0.06%
MPWR	F	0.06%
AOS	F	0.06%
BRK.A	B	0.06%
ROL	B	0.06%
HPQ	B	0.06%
FBIN	D	0.06%
RTX	C	0.06%
KR	B	0.05%
LMT	D	0.05%
PPL	B	0.05%
LDOS	C	0.05%
BURL	A	0.05%
TPL	A	0.05%
CDW	F	0.05%
FCNCA	A	0.05%
BBY	D	0.05%
KEY	B	0.05%
SNA	A	0.04%
WDC	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%
MKTX	D	0.04%
HAL	C	0.04%
DVN	F	0.04%
EQT	B	0.04%
PFG	D	0.04%
SYY	B	0.04%
IRM	D	0.04%
BA	F	0.04%
ZBRA	B	0.04%
EXR	D	0.04%
NTAP	C	0.04%
TDY	B	0.04%
SMCI	F	0.03%
SWK	D	0.03%
DT	C	0.03%
EG	C	0.03%
PSTG	D	0.03%
SWKS	F	0.03%
NDSN	B	0.03%
GD	F	0.03%
CTRA	B	0.03%
SBAC	D	0.03%
NOC	D	0.03%
L	A	0.03%
TDG	D	0.03%
ENTG	D	0.03%
JBL	B	0.03%
DAL	C	0.03%
ZM	B	0.03%
TER	D	0.03%
AES	F	0.03%
SSNC	B	0.03%
BEN	C	0.03%
STX	D	0.03%
DKS	C	0.03%
KMX	B	0.03%
KNX	B	0.03%
BMRN	D	0.02%
NBIX	C	0.02%
LUV	C	0.02%
MRNA	F	0.02%
TTC	D	0.02%
DINO	D	0.02%
DG	F	0.02%
SEIC	B	0.02%
ERIE	D	0.02%
ENPH	F	0.02%
AXON	A	0.02%
AVTR	F	0.02%
AIZ	A	0.02%
ALLY	C	0.02%
HWM	A	0.02%
AFG	A	0.02%
UHAL	D	0.02%
IOT	A	0.02%
UTHR	C	0.02%
BBWI	D	0.02%
CNH	C	0.02%
LHX	C	0.02%
OVV	B	0.02%
DOCU	A	0.02%
GLPI	C	0.02%
CPT	B	0.01%
APD	A	0.01%
SUI	D	0.01%
DOW	F	0.01%
ACI	C	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%
APA	D	0.01%
RIVN	F	0.01%
DLTR	F	0.01%
EXAS	D	0.01%
QRVO	F	0.01%
TECH	D	0.01%
CHRD	D	0.01%
GDDY	A	0.01%
LYB	F	0.0%
HII	D	0.0%
CHRW	C	0.0%
FNF	B	0.0%
HEI	B	0.0%
WBA	F	0.0%

INRO Underweight 71 Positions Relative to USCA

Symbol	Grade	Weight
PG	A	-1.06%
NFLX	A	-0.97%
KO	D	-0.69%
CSCO	B	-0.63%
PEP	F	-0.61%
MCD	D	-0.58%
ABT	B	-0.54%
DIS	B	-0.54%
BKNG	A	-0.47%
VZ	C	-0.46%
CMCSA	B	-0.46%
T	A	-0.43%
BLK	C	-0.42%
BSX	B	-0.35%
SBUX	A	-0.3%
PLD	D	-0.29%
NKE	D	-0.25%
MDLZ	F	-0.24%
MCK	B	-0.22%
CMG	B	-0.22%
CVS	D	-0.19%
MAR	B	-0.19%
CL	D	-0.19%
HLT	A	-0.17%
SRE	A	-0.16%
SPG	B	-0.16%
ABNB	C	-0.16%
O	D	-0.13%
D	C	-0.13%
MNST	C	-0.12%
PEG	A	-0.12%
KMB	D	-0.12%
SQ	B	-0.12%
STZ	D	-0.11%
EW	C	-0.11%
IDXX	F	-0.1%
GIS	D	-0.1%
CHTR	C	-0.1%
LULU	C	-0.1%
YUM	B	-0.1%
KDP	D	-0.1%
ED	D	-0.09%
HUM	C	-0.09%
PPG	F	-0.08%
GPN	B	-0.08%
AWK	D	-0.07%
CHD	B	-0.07%
DECK	A	-0.07%
HSY	F	-0.07%
CLX	B	-0.06%
ZBH	C	-0.06%
K	A	-0.06%
RPM	A	-0.05%
LVS	C	-0.05%
MKC	D	-0.05%
LH	C	-0.05%
AKAM	D	-0.04%
EL	F	-0.04%
KIM	A	-0.04%
WYNN	D	-0.03%
WTRG	B	-0.03%
TAP	C	-0.03%
ALB	C	-0.03%
OKTA	C	-0.03%
JKHY	D	-0.03%
REG	B	-0.03%
H	B	-0.02%
DVA	B	-0.02%
TFX	F	-0.02%
CPB	D	-0.02%
MGM	D	-0.02%