JUST vs. INRO ETF Comparison

Comparison of Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST) to BlackRock U.S. Industry Rotation ETF (INRO)

JUST

Goldman Sachs JUST U.S. Large Cap Equity ETF

JUST Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Small Cap Equity Index. The fund invests at least 80% of its assets in securities included in its index. The index is designed to deliver exposure to equity securities of small-capitalization U.S. issuers. The index is constructed using the patented ActiveBeta® Portfolio Construction Methodology, which was developed to provide exposure to the "factors" that are commonly tied to a stock's outperformance relative to market returns. These factors include value, momentum, quality and low volatility.

Grade (RS Rating)

Last Trade

$81.13

Average Daily Volume

4,444

Number of Holdings ^*

451

* may have additional holdings in another (foreign) market

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

$26.69

Average Daily Volume

4,485

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JUST	INRO
30 Days	1.94%	1.69%
60 Days	3.55%	2.83%
90 Days	4.27%	2.85%
12 Months	31.44%

8 Overlapping Holdings

Symbol	Grade	Weight in JUST	Weight in INRO	Overlap
AAPL	C	7.52%	8.23%	7.52%
AMZN	C	4.77%	2.6%	2.6%
AVGO	C	1.58%	1.93%	1.58%
GOOG	D	1.73%	3.27%	1.73%
GOOGL	D	2.05%	3.73%	2.05%
JPM	D	1.83%	1.3%	1.3%
MSFT	C	7.24%	7.2%	7.2%
NVDA	D	6.04%	8.03%	6.04%

JUST Overweight 443 Positions Relative to INRO

Symbol	Grade	Weight
LLY	C	1.84%
UNH	C	1.32%
XOM	C	1.27%
V	C	1.23%
PG	C	1.15%
COST	B	1.13%
MA	B	1.11%
HD	B	1.05%
WMT	C	0.98%
ABBV	C	0.85%
BAC	D	0.83%
KO	C	0.76%
MRK	D	0.71%
PEP	C	0.67%
LIN	B	0.63%
ADBE	F	0.61%
CVX	D	0.61%
ACN	C	0.6%
TMO	B	0.58%
CRM	D	0.54%
AMD	D	0.53%
SPGI	B	0.51%
NEE	C	0.51%
GE	B	0.5%
CSCO	C	0.48%
ABT	C	0.48%
GS	C	0.46%
DIS	D	0.46%
PLD	C	0.45%
CAT	B	0.45%
PGR	B	0.45%
DHR	B	0.44%
IBM	B	0.44%
RTX	C	0.44%
VZ	B	0.44%
AMT	C	0.42%
UNP	C	0.42%
AMGN	B	0.42%
QCOM	D	0.42%
TXN	C	0.42%
LOW	B	0.41%
ISRG	B	0.41%
NOW	B	0.41%
UBER	C	0.4%
PFE	C	0.4%
BLK	B	0.4%
INTU	C	0.4%
TJX	B	0.38%
AXP	B	0.38%
CMCSA	D	0.37%
T	C	0.37%
BKNG	C	0.37%
MMC	C	0.36%
HON	D	0.36%
C	C	0.35%
AMAT	D	0.35%
MS	D	0.35%
LMT	C	0.33%
SYK	C	0.32%
ETN	C	0.31%
COP	D	0.31%
ADP	B	0.31%
EQIX	C	0.3%
SBUX	C	0.3%
ELV	C	0.3%
BSX	B	0.29%
SCHW	D	0.29%
VRTX	D	0.29%
MDT	C	0.29%
MDLZ	B	0.28%
REGN	C	0.28%
ICE	C	0.28%
DUK	C	0.27%
DE	B	0.27%
NKE	D	0.26%
PANW	D	0.25%
ADI	C	0.25%
WM	D	0.25%
BA	F	0.25%
UPS	D	0.25%
MCO	B	0.24%
SHW	B	0.24%
CI	C	0.24%
CL	D	0.24%
CME	C	0.24%
BMY	C	0.24%
GILD	B	0.24%
TMUS	C	0.23%
PNC	B	0.22%
USB	B	0.22%
MU	F	0.22%
LRCX	F	0.22%
ZTS	C	0.21%
TT	B	0.21%
AON	B	0.21%
CMG	C	0.21%
AFL	C	0.2%
PYPL	B	0.2%
CVS	D	0.2%
NOC	B	0.2%
DLR	B	0.19%
INTC	F	0.19%
CCI	C	0.19%
TGT	C	0.19%
MMM	B	0.19%
FDX	C	0.18%
CSX	D	0.18%
HCA	B	0.18%
MCK	F	0.18%
SNPS	D	0.17%
APD	B	0.17%
TRV	C	0.17%
CEG	C	0.17%
ECL	B	0.17%
TFC	C	0.17%
SRE	C	0.16%
AEP	C	0.16%
BK	B	0.16%
CDNS	D	0.16%
NEM	B	0.16%
CARR	B	0.16%
FCX	D	0.16%
BDX	D	0.16%
GM	C	0.15%
MPC	F	0.15%
GEV	B	0.15%
HLT	B	0.15%
ALL	B	0.15%
MAR	C	0.15%
AIG	D	0.15%
EMR	D	0.15%
OKE	B	0.14%
AMP	A	0.14%
MET	B	0.14%
WMB	B	0.14%
COF	B	0.14%
ABNB	D	0.14%
MRVL	C	0.14%
D	C	0.14%
URI	B	0.13%
ADSK	C	0.13%
JCI	B	0.13%
PRU	C	0.13%
CBRE	A	0.13%
MSCI	C	0.13%
KMB	D	0.13%
F	F	0.12%
EXC	C	0.12%
LHX	C	0.12%
CSGP	D	0.12%
GIS	B	0.12%
AVB	B	0.12%
PEG	B	0.12%
CPRT	D	0.12%
IRM	C	0.12%
WDAY	D	0.12%
ACGL	C	0.12%
XEL	B	0.11%
EQR	B	0.11%
KMI	B	0.11%
VRSK	D	0.11%
KDP	B	0.11%
SYY	D	0.11%
RCL	B	0.11%
HIG	B	0.11%
CMI	C	0.11%
EA	D	0.11%
FTNT	C	0.11%
VLO	F	0.11%
VTR	C	0.1%
EW	F	0.1%
SBAC	C	0.1%
EIX	C	0.1%
A	C	0.1%
PWR	B	0.1%
IDXX	C	0.1%
DOW	D	0.1%
IR	C	0.1%
DFS	B	0.1%
HUM	F	0.1%
IQV	C	0.1%
AME	C	0.1%
OTIS	C	0.1%
LNG	C	0.1%
LULU	D	0.09%
XYL	C	0.09%
BKR	C	0.09%
FITB	B	0.09%
RMD	C	0.09%
AWK	B	0.09%
EBAY	B	0.09%
MLM	D	0.09%
HES	F	0.09%
CTSH	C	0.09%
IT	B	0.09%
MPWR	C	0.09%
DD	B	0.09%
CNC	D	0.09%
NDAQ	A	0.09%
WTW	C	0.09%
GLW	C	0.08%
TTWO	C	0.08%
HPQ	D	0.08%
ETR	B	0.08%
BR	D	0.08%
VST	C	0.08%
STT	A	0.08%
WAB	B	0.08%
ADM	D	0.08%
PPG	D	0.08%
GRMN	D	0.08%
ROK	D	0.08%
DAL	C	0.08%
HSY	C	0.08%
TSCO	C	0.08%
WY	C	0.08%
OXY	F	0.08%
MTB	B	0.08%
HAL	F	0.07%
DVN	F	0.07%
LYB	D	0.07%
AEE	C	0.07%
DECK	C	0.07%
CAH	C	0.07%
BIIB	F	0.07%
CBOE	C	0.07%
ON	D	0.07%
FTV	C	0.07%
PPL	C	0.07%
IFF	B	0.07%
ES	C	0.07%
ESS	B	0.07%
KEYS	C	0.07%
CHTR	D	0.07%
ALNY	C	0.07%
UDR	C	0.06%
BAH	C	0.06%
BALL	C	0.06%
BBY	C	0.06%
CLX	C	0.06%
NTAP	D	0.06%
EL	F	0.06%
OMC	B	0.06%
FSLR	C	0.06%
PFG	B	0.06%
K	B	0.06%
TYL	C	0.06%
MKC	C	0.06%
MRNA	F	0.06%
DXCM	F	0.06%
RF	B	0.06%
HBAN	B	0.06%
ANSS	D	0.06%
KEY	B	0.05%
WBD	D	0.05%
MDB	D	0.05%
ILMN	C	0.05%
UAL	C	0.05%
BAX	C	0.05%
TER	D	0.05%
EXPE	C	0.05%
HOLX	B	0.05%
TXT	D	0.05%
MAS	B	0.05%
WDC	D	0.05%
ZBRA	B	0.05%
GDDY	C	0.05%
HPE	D	0.05%
WSM	D	0.05%
LPLA	D	0.05%
LDOS	B	0.05%
J	C	0.05%
TSN	C	0.05%
LII	B	0.05%
LUV	C	0.05%
CSL	B	0.05%
TRU	B	0.05%
KIM	C	0.05%
CNP	C	0.05%
ZBH	F	0.05%
APTV	D	0.05%
NET	D	0.05%
NRG	C	0.05%
SYF	C	0.05%
WAT	C	0.05%
AKAM	D	0.04%
IPG	C	0.04%
USFD	B	0.04%
NTNX	C	0.04%
KMX	D	0.04%
DKS	D	0.04%
CE	F	0.04%
BG	D	0.04%
NDSN	C	0.04%
PNR	B	0.04%
OC	D	0.04%
ZM	C	0.04%
TW	B	0.04%
CF	C	0.04%
DGX	B	0.04%
SWK	B	0.04%
EQH	C	0.04%
IEX	D	0.04%
AVTR	B	0.04%
LVS	D	0.04%
BXP	B	0.04%
RGA	C	0.04%
JLL	B	0.04%
MTCH	C	0.03%
ALB	D	0.03%
SOLV	C	0.03%
OKTA	F	0.03%
INGR	B	0.03%
HAS	B	0.03%
ARMK	B	0.03%
FHN	D	0.03%
DOCU	C	0.03%
HRL	C	0.03%
CNH	D	0.03%
ALLY	F	0.03%
ATR	B	0.03%
TAP	D	0.03%
INCY	C	0.03%
TFX	C	0.03%
FOXA	B	0.03%
CPB	C	0.03%
HRB	C	0.03%
NVT	D	0.03%
NWSA	D	0.03%
TPR	C	0.03%
JNPR	B	0.03%
FFIV	B	0.03%
ITT	B	0.03%
MKTX	C	0.03%
PNW	C	0.03%
BLD	D	0.03%
AIZ	B	0.03%
EMN	B	0.03%
Z	B	0.03%
CHRW	B	0.03%
ZS	F	0.03%
AES	C	0.03%
UNM	B	0.03%
GWRE	A	0.03%
SCI	B	0.03%
ACM	B	0.03%
CLF	F	0.02%
AGCO	D	0.02%
LNC	D	0.02%
AWI	B	0.02%
COLB	B	0.02%
WHR	D	0.02%
AZEK	C	0.02%
SMAR	C	0.02%
THG	B	0.02%
LPX	B	0.02%
PVH	F	0.02%
CRUS	D	0.02%
DINO	F	0.02%
SITE	C	0.02%
PARA	F	0.02%
OSK	F	0.02%
IVZ	B	0.02%
RRC	D	0.02%
LEA	F	0.02%
BBWI	F	0.02%
AXS	B	0.02%
VFC	C	0.02%
WBA	F	0.02%
WH	B	0.02%
CIEN	C	0.02%
RGEN	F	0.02%
ETSY	F	0.02%
SNV	C	0.02%
DVA	B	0.02%
KBR	D	0.02%
EXEL	C	0.02%
AA	D	0.02%
APA	F	0.02%
H	C	0.02%
SOFI	C	0.02%
DAY	D	0.02%
FCN	D	0.02%
FMC	C	0.02%
AAL	D	0.02%
PNFP	B	0.02%
HSIC	C	0.02%
BERY	B	0.02%
VOYA	B	0.02%
BWA	D	0.02%
MTG	B	0.02%
MOS	F	0.02%
NCLH	C	0.02%
AYI	B	0.02%
AFRM	C	0.02%
CMA	B	0.02%
OWL	C	0.02%
GPK	B	0.02%
MGM	F	0.02%
PINC	C	0.01%
DV	F	0.01%
PEGA	C	0.01%
KSS	F	0.01%
TDC	F	0.01%
NVST	D	0.01%
RKT	C	0.01%
PENN	D	0.01%
LITE	B	0.01%
BHF	F	0.01%
AGR	B	0.01%
TNL	D	0.01%
PAG	D	0.01%
RARE	B	0.01%
YETI	D	0.01%
NWS	D	0.01%
SPR	D	0.01%
CHH	C	0.01%
W	D	0.01%
ZG	B	0.01%
GAP	F	0.01%
M	F	0.01%
GTLB	D	0.01%
OGN	D	0.01%
WU	F	0.01%
LOPE	D	0.01%
PII	D	0.01%
XRAY	D	0.01%
ESTC	F	0.01%
AGO	C	0.01%
TKR	D	0.01%
HOG	C	0.01%
VNT	F	0.01%
SLM	D	0.01%
MDU	C	0.01%
ST	D	0.01%
SON	C	0.01%
FOX	B	0.01%
DBX	D	0.01%
INSP	C	0.01%
ALK	C	0.01%
CAR	F	0.0%
SNDR	B	0.0%
QS	F	0.0%

JUST Underweight 2 Positions Relative to INRO

	Symbol	Grade	Weight
	META	B	-4.43%
	TSLA	C	-1.47%