INRO vs VTI

Quick Verdict

VTI has a lower expense ratio. INRO delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: INROMore Diversified: VTI

Side-by-Side Comparison

MetricINROVTIWinner
Expense Ratio0.42%0.03%
AUM$34M$663.5B
Dividend Yield0.59%1.07%
Holdings3753,543
YTD Return+15.09%+13.57%
1Y Return+25.71%+24.23%
3Y Return (annualized)-+20.73%
5Y Return (annualized)-+12.24%
Volatility (annualized)13.4%15.3%
Max Drawdown-20.0%-56.6%
Fund FamilyBlackRock, Inc. (US)Vanguard (US)
CategoryEquityEquity
InceptionMar 26, 2024May 24, 2001

INRO vs VTI Performance

iShares US Industry Rotation Active ETF (INRO) is a ETF from BlackRock, Inc. (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year INRO returned +25.71% while VTI returned +24.23%. Year to date, INRO is up 15.09% versus a gain of 13.57% for VTI.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.3% 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 -56.6% for VTI. 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 VTI 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 1.07% for VTI.

Holdings Overlap

66.5%overlap

INRO and VTI share 252 holdings out of 2824 unique holdings combined, representing a 66.5% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in INROWeight in VTIDifference
AAPL8.48%5.84%2.64%
NVDA7.20%6.32%0.88%
MSFT4.77%3.81%0.96%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
MUProProPro
JPMProProPro
See all 10 holdings INRO shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, INRO or VTI?

INRO has an expense ratio of 0.42% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $39 per year of difference.

Which performed better, INRO or VTI?

Over the past year INRO returned +25.71% vs +24.23% for VTI, so INRO leads on 1-year performance. Over the longest common window we track (2 years), INRO annualized +18.58% vs +8.12% for VTI. Past performance does not guarantee future results.

Which is riskier, INRO or VTI?

VTI has been the more volatile fund at 15.3% annualized versus 13.4% for INRO. Worst drawdown: INRO -20.0% vs VTI -56.6%.

Should I hold both INRO and VTI?

INRO and VTI 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 VTI?

INRO and VTI share 252 common holdings with a 66.5% weight overlap. Combined, they hold 2824 unique securities.

Which pays a higher dividend, INRO or VTI?

INRO yields 0.59% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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