INRO vs IVV
INRO vs IVV
iShares US Industry Rotation Active ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. INRO delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | INRO | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.42% | 0.03% | |
| AUM | $34M | $865.2B | |
| Dividend Yield | 0.59% | 1.09% | |
| Holdings | 375 | 508 | |
| YTD Return | +14.82% | +13.13% | |
| 1Y Return | +24.45% | +22.90% | |
| 3Y Return (annualized) | - | +21.08% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 13.4% | 15.1% | |
| Max Drawdown | -20.0% | -56.5% | |
| Fund Family | BlackRock, Inc. (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Mar 26, 2024 | May 15, 2000 |
INRO vs IVV Performance
iShares US Industry Rotation Active ETF (INRO) is a ETF from BlackRock, Inc. (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year INRO returned +24.45% while IVV returned +22.90%. Year to date, INRO is up 14.82% versus a gain of 13.13% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.4% for INRO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.0% for INRO and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
INRO charges 0.42% per year while IVV charges 0.03%. On a $10,000 position that is $42 vs $3 annually, a gap of $39 per year that compounds over a long holding period. On income, INRO currently yields 0.59% against 1.09% for IVV.
Holdings Overlap
INRO and IVV share 204 holdings out of 594 unique holdings combined, representing a 71.5% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in INRO | Weight in IVV | Difference |
|---|---|---|---|
| AAPL | 8.48% | 7.44% | 1.04% |
| NVDA | 7.20% | 7.76% | 0.56% |
| MSFT | 4.77% | 4.57% | 0.20% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| JPM:US | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
See all 10 holdings INRO shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, INRO or IVV?
INRO has an expense ratio of 0.42% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $39 per year of difference.
Which performed better, INRO or IVV?
Over the past year INRO returned +24.45% vs +22.90% for IVV, so INRO leads on 1-year performance. Over the longest common window we track (2 years), INRO annualized +18.44% vs +7.02% for IVV. Past performance does not guarantee future results.
Which is riskier, INRO or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 13.4% for INRO. Worst drawdown: INRO -20.0% vs IVV -56.5%.
Should I hold both INRO and IVV?
INRO and IVV have a monthly-return correlation of 0.98, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between INRO and IVV?
INRO and IVV share 204 common holdings with a 71.5% weight overlap. Combined, they hold 594 unique securities.
Which pays a higher dividend, INRO or IVV?
INRO yields 0.59% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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