INRO vs. IUSV

Last updated Jun 24, 2026

INRO (Blackrock U.S. Industry Rotation ETF) and IUSV (iShares Core S&P U.S. Value ETF) are both exchange-traded funds - INRO is a Large Cap Blend Equities fund actively managed by BlackRock, while IUSV is a Large Cap Value Equities fund tracking the S&P 900 Value Index. INRO is actively managed, while IUSV is passively managed. Over the past year, INRO returned 28.25% vs 20.11% for IUSV. A 0.71 correlation means they provide meaningful diversification when combined. INRO charges 0.42%/yr vs 0.04%/yr for IUSV.

Performance

INRO vs. IUSV - Performance Comparison

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

Returns By Period

In the year-to-date period, INRO achieves a 11.64% return, which is significantly higher than IUSV's 7.71% return.

INRO

• 1D: -1.81%
• 1M: 0.25%
• YTD: 11.64%
• 6M: 10.49%
• 1Y: 28.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IUSV

• 1D: -0.36%
• 1M: -0.29%
• YTD: 7.71%
• 6M: 7.04%
• 1Y: 20.11%
• 3Y*: 15.13%
• 5Y*: 11.05%
• 10Y*: 12.30%

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

INRO vs. IUSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
INRO Blackrock U.S. Industry Rotation ETF	11.64%	16.67%	10.92%
IUSV iShares Core S&P U.S. Value ETF	7.71%	12.85%	4.47%

Correlation

The correlation between INRO and IUSV is 0.72, 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	0.72
Correlation (All Time) Calculated using the full available price history since Mar 28, 2024	0.71

The correlation between INRO and IUSV has been stable across timeframes, ranging from 0.71 to 0.72 - a consistent structural relationship.

INRO vs. IUSV - Sectors Allocation Comparison

Sectors	INRO	IUSV
Technology	41.7%	21.7%
Consumer Cyclical	11.1%	11.2%
Financial Services	9.6%	14.9%
Industrials	8.7%	10.9%
Communication Services	8.0%	3.0%
Healthcare	8.0%	11.1%
Consumer Defensive	6.5%	8.7%
Energy	2.6%	7.0%
Basic Materials	1.9%	3.5%
Utilities	1.3%	4.3%
Real Estate	0.4%	3.7%

Return for Risk

INRO vs. IUSV — Risk / Return Rank

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

INRO

INRO Risk / Return Rank: 69
INRO Sharpe Ratio Rank: 69
INRO Sortino Ratio Rank: 67
INRO Omega Ratio Rank: 67
INRO Calmar Ratio Rank: 66
INRO Martin Ratio Rank: 77

IUSV

IUSV Risk / Return Rank: 65
IUSV Sharpe Ratio Rank: 63
IUSV Sortino Ratio Rank: 63
IUSV Omega Ratio Rank: 61
IUSV Calmar Ratio Rank: 67
IUSV Martin Ratio Rank: 68

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. IUSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackrock U.S. Industry Rotation ETF (INRO) and iShares Core S&P U.S. Value ETF (IUSV). 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	IUSV	Difference
Sharpe ratio: Return per unit of total volatility	2.06	2.00	+0.05
Sortino ratio: Return per unit of downside risk	2.80	2.80	0.00
Omega ratio: Gain probability vs. loss probability	1.37	1.36	+0.01
Calmar ratio: Return relative to maximum drawdown	3.03	3.18	-0.14
Martin ratio: Return relative to average drawdown	13.68	12.08	+1.60

INRO vs. IUSV - Sharpe Ratio Comparison

The current INRO Sharpe Ratio is 2.06, which is comparable to the IUSV Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of INRO and IUSV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

INRO vs. IUSV - Drawdown Comparison

The maximum INRO drawdown since its inception was -20.02%, smaller than the maximum IUSV drawdown of -56.88%. Use the drawdown chart below to compare losses from any high point for INRO and IUSV.

Drawdown Indicators

	INRO	IUSV	Difference
Max Drawdown Largest peak-to-trough decline	-20.02%	-56.88%	+36.86%
Max Drawdown (1Y) Largest decline over 1 year	-9.36%	-6.36%	-3.00%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.54%	—
Current Drawdown Current decline from peak	-2.30%	-1.31%	-0.99%
Average Drawdown Average peak-to-trough decline	-2.58%	-6.28%	+3.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	1.67%	+0.40%

Volatility

INRO vs. IUSV - Volatility Comparison

Blackrock U.S. Industry Rotation ETF (INRO) has a higher volatility of 5.91% compared to iShares Core S&P U.S. Value ETF (IUSV) at 3.03%. This indicates that INRO's price experiences larger fluctuations and is considered to be riskier than IUSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INRO	IUSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.91%	3.03%	+2.88%
Volatility (6M) Calculated over the trailing 6-month period	11.23%	7.46%	+3.77%
Volatility (1Y) Calculated over the trailing 1-year period	13.83%	10.11%	+3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.29%	14.53%	+2.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	17.04%	+0.25%

INRO vs. IUSV - Expense Ratio Comparison

INRO has a 0.42% expense ratio, which is higher than IUSV's 0.04% expense ratio.

Dividends

INRO vs. IUSV - Dividend Comparison

INRO's dividend yield for the trailing twelve months is around 0.61%, less than IUSV's 1.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INRO Blackrock U.S. Industry Rotation ETF	0.61%	0.68%	0.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IUSV iShares Core S&P U.S. Value ETF	1.70%	1.78%	2.15%	1.75%	2.22%	1.87%	2.40%	2.19%	2.67%	1.93%	4.44%	7.63%

Frequently Asked Questions

Can I hold both INRO and IUSV in my portfolio?

INRO and IUSV have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INRO or IUSV?

INRO has higher volatility (5.91%) compared to IUSV (3.03%). In terms of maximum drawdown, INRO dropped -20.02% vs IUSV's -56.88%.

Which ETF is better, INRO or IUSV?

On 1-year performance, INRO leads with 28.25% vs 20.11% for IUSV. On fees, IUSV is cheaper at 0.04% per year. On volatility, IUSV has been the lower-risk option at 3.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, INRO or IUSV?

Over the 1-year period, INRO has performed better with a 28.25% return vs 20.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, INRO or IUSV?

IUSV is cheaper with a 0.04% expense ratio, compared with 0.42% for INRO.

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

IUSV has the higher dividend yield at 1.70%, compared with 0.61% for INRO.

What is the main difference between INRO and IUSV?

INRO is categorized as Large Cap Blend Equities, while IUSV is Large Cap Value Equities. They also come from different issuers: BlackRock and iShares. Their fees differ too: 0.42% for INRO and 0.04% for IUSV.

Which has better risk-adjusted returns?

INRO currently has the higher Sharpe Ratio (2.06 vs 2.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.