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INROiShares U.S. Industry Rotation Active ETF

Grow my money2y track recordRanked #1,906 of 2,998 in this goal

Seeks long-term capital appreciation.

By BlackRock · Launched 2024

Annual Cost

0.42%

#2,099 of 5,861 · average

Fund Size

$35M

#3,994 of 5,861 · small

Return (1Y)Goal

+20.9%

Track Record

2 years

#3,415 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,110+21.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Cap

Multi cap

Strategy

Active selection

Index tracked

MSCI USA Index

What it actually holds

By weight

Concentration

Top 10 holdings = 40.2% of fundmoderately concentrated

NVIDIA Corp
8.1%
Apple Inc
7.4%
Microsoft Corp
5.3%
Amazon.com Inc
5.0%
Alphabet Inc
3.6%
Alphabet Inc
2.7%
Broadcom Inc
2.4%
Meta Platforms Inc
2.1%
JPMorgan Chase & Co
1.8%
Tesla Inc
1.7%

Asset allocation

Stocks
99.6%
Cash
0.4%

By sector

Technology
41.4%
Consumer Cyclical
11.3%
Industrials
10.1%
Financial Services
9.6%
Healthcare
8.5%
Communication
7.9%
Consumer Defensive
6.4%
Energy
2.4%
Other
2.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
14.5%Moderate

Year-on-year price swings

Max drawdown
-20.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks long-term capital appreciation.
Strategy
Managed as a rotation strategy, the Fund invests primarily in U.S.-listed equity securities and derivatives, dynamically adjusting exposures based on economic cycle, valuation, quality metrics, and trends. Actively and frequently trades to tilt the portfolio towards favorable industries.
Inception date
March 26, 2024
Fund family
BlackRock

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

You're paying active fees for an index

This fund charges active-management prices while tracking its benchmark almost perfectly (a high R²). The metrics below show how little active management you're getting for that premium: low tracking error and a fee well above the passive peer median.

96.2%
TE
3.4%
Beta
1.03
Fee
3× 0.15%

Sources: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04