INRO vs. BLCV

Last updated Jul 15, 2026

INRO (Blackrock U.S. Industry Rotation ETF) and BLCV (Blackrock Large Cap Value ETF) are both exchange-traded funds - INRO is a Large Cap Blend Equities fund actively managed by BlackRock, while BLCV is a Large Cap Value Equities fund actively managed by BlackRock. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. INRO charges 0.42%/yr vs 0.55%/yr for BLCV.

Performance

INRO vs. BLCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackrock U.S. Industry Rotation ETF (INRO) and Blackrock Large Cap Value ETF (BLCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

INRO

• 1D: 0.54%
• 1M: 1.23%
• 6M: 11.17%
• YTD: 13.09%
• 1Y: 24.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLCV

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

INRO vs. BLCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
INRO Blackrock U.S. Industry Rotation ETF	13.09%	16.67%	10.92%
BLCV Blackrock Large Cap Value ETF	6.47%	19.96%	2.26%

Correlation

The correlation between INRO and BLCV is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (All Time) Calculated using the full available price history since Mar 28, 2024	0.68

The correlation between INRO and BLCV has been stable across timeframes, ranging from 0.67 to 0.68 - a consistent structural relationship.

INRO vs. BLCV - Sectors Allocation Comparison

Sectors	INRO	BLCV
Technology	40.7%	18.3%
Consumer Cyclical	11.2%	9.9%
Financial Services	9.9%	14.9%
Healthcare	8.6%	11.6%
Industrials	8.6%	14.2%
Communication Services	8.1%	9.5%
Consumer Defensive	6.4%	6.1%
Energy	2.6%	6.0%
Basic Materials	1.8%	2.4%
Utilities	1.3%	4.4%
Real Estate	0.4%	2.7%

Return for Risk

INRO vs. BLCV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INRO

INRO Risk / Return Rank: 70
INRO Sharpe Ratio Rank: 69
INRO Sortino Ratio Rank: 67
INRO Omega Ratio Rank: 68
INRO Calmar Ratio Rank: 66
INRO Martin Ratio Rank: 79

BLCV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

INRO vs. BLCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackrock U.S. Industry Rotation ETF (INRO) and Blackrock Large Cap Value ETF (BLCV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	INRO	BLCV	Difference
Sharpe ratio: Return per unit of total volatility	1.78	—	—
Sortino ratio: Return per unit of downside risk	2.47	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.66	—	—
Martin ratio: Return relative to average drawdown	11.80	—	—

Drawdowns

Drawdown Indicators

	INRO	BLCV	Difference
Max Drawdown Largest peak-to-trough decline	-20.02%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.36%	—	—
Current Drawdown Current decline from peak	-1.14%	—	—
Average Drawdown Average peak-to-trough decline	-2.55%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	—	—

Volatility

Volatility by Period

	INRO	BLCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.96%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.20%	—	—

INRO vs. BLCV - Expense Ratio Comparison

INRO has a 0.42% expense ratio, which is lower than BLCV's 0.55% expense ratio.

Dividends

INRO vs. BLCV - Dividend Comparison

INRO's dividend yield for the trailing twelve months is around 0.60%, while BLCV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BLCV Blackrock Large Cap Value ETF	1.01%	1.37%	1.63%	1.02%
INRO Blackrock U.S. Industry Rotation ETF	0.60%	0.68%	0.50%	0.00%

Frequently Asked Questions

Can I hold both INRO and BLCV in my portfolio?

INRO and BLCV have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, INRO or BLCV?

On fees, INRO is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, INRO or BLCV?

INRO is cheaper with a 0.42% expense ratio, compared with 0.55% for BLCV.

Which ETF pays a higher dividend yield, INRO or BLCV?

BLCV has the higher dividend yield at 1.01%, compared with 0.60% for INRO.

What is the main difference between INRO and BLCV?

INRO is categorized as Large Cap Blend Equities, while BLCV is Large Cap Value Equities. Their fees differ too: 0.42% for INRO and 0.55% for BLCV.