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INRO vs PHO

iShares U.S. Industry Rotation Active ETF vs Invesco Water Resources ETF

INRO

iShares U.S. Industry Rotation Active ETF

BlackRock

Annual cost

0.42%

Fund size

$31M

PHO

Invesco Water Resources ETF

Invesco

Annual cost

0.59%

Fund size

$2.1B

Key differences

  • INRO costs 0.17% less per year.
  • PHO is significantly larger than INRO — larger funds tend to be more liquid and less likely to close.
  • PHO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

INROPHO
Annual cost (TER)0.42%0.59%
Fund size (AUM)$31M$2.1B
Since20242005
Dividend yield0.69%0.56%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+34.5%-1.6%
CAGR 3YN/A+7.9%
CAGR 5YN/A+5.6%
Sharpe 3YN/A0.33
Volatility 1Y12.93%15.23%
Max drawdown-20.02%-34.92%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to INRO and PHO