SECT vs. INRO

Last updated Apr 1, 2026

Compare and contrast key facts about Main Sector Rotation ETF (SECT) and Blackrock U.S. Industry Rotation ETF (INRO).

SECT and INRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SECT is an actively managed fund by Main Management. It was launched on Sep 5, 2017. INRO is an actively managed fund by BlackRock. It was launched on Mar 26, 2024.

Performance

SECT vs. INRO - Performance Comparison

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

SECT vs. INRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SECT Main Sector Rotation ETF	-6.08%	17.80%	9.48%
INRO Blackrock U.S. Industry Rotation ETF	-4.40%	16.67%	10.88%

Returns By Period

In the year-to-date period, SECT achieves a -6.08% return, which is significantly lower than INRO's -4.40% return.

SECT

• 1D: 3.00%
• 1M: -5.64%
• YTD: -6.08%
• 6M: -3.67%
• 1Y: 19.09%
• 3Y*: 14.88%
• 5Y*: 9.96%
• 10Y*: —

INRO

• 1D: 3.22%
• 1M: -4.68%
• YTD: -4.40%
• 6M: -2.68%
• 1Y: 18.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SECT vs. INRO - Expense Ratio Comparison

SECT has a 0.78% expense ratio, which is higher than INRO's 0.42% expense ratio.

SECT

Main Sector Rotation ETF

INRO

Blackrock U.S. Industry Rotation ETF

Return for Risk

SECT vs. INRO — Risk / Return Rank

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

SECT

SECT Risk / Return Rank: 61
SECT Sharpe Ratio Rank: 55
SECT Sortino Ratio Rank: 59
SECT Omega Ratio Rank: 63
SECT Calmar Ratio Rank: 63
SECT Martin Ratio Rank: 65

INRO

INRO Risk / Return Rank: 60
INRO Sharpe Ratio Rank: 55
INRO Sortino Ratio Rank: 57
INRO Omega Ratio Rank: 61
INRO Calmar Ratio Rank: 60
INRO Martin Ratio Rank: 69

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.

SECT vs. INRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Main Sector Rotation ETF (SECT) and Blackrock U.S. Industry Rotation ETF (INRO). 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.

	SECT	INRO	Difference
Sharpe ratio Return per unit of total volatility	0.96	0.98	-0.02
Sortino ratio Return per unit of downside risk	1.50	1.49	0.00
Omega ratio Gain probability vs. loss probability	1.23	1.23	0.00
Calmar ratio Return relative to maximum drawdown	1.54	1.53	+0.02
Martin ratio Return relative to average drawdown	6.37	7.19	-0.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SECT vs. INRO - Sharpe Ratio Comparison

The current SECT Sharpe Ratio is 0.96, which is comparable to the INRO Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of SECT and INRO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SECT	INRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	0.98	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.65	-0.06

Correlation

The correlation between SECT and INRO is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SECT vs. INRO - Dividend Comparison

SECT's dividend yield for the trailing twelve months is around 0.71%, less than INRO's 0.77% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SECT Main Sector Rotation ETF	0.71%	0.32%	0.45%	0.84%	0.86%	0.60%	1.37%	0.77%	1.67%	0.50%
INRO Blackrock U.S. Industry Rotation ETF	0.77%	0.68%	0.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SECT vs. INRO - Drawdown Comparison

The maximum SECT drawdown since its inception was -38.09%, which is greater than INRO's maximum drawdown of -20.02%. Use the drawdown chart below to compare losses from any high point for SECT and INRO.

Drawdown Indicators

	SECT	INRO	Difference
Max Drawdown Largest peak-to-trough decline	-38.09%	-20.02%	-18.07%
Max Drawdown (1Y) Largest decline over 1 year	-12.44%	-12.37%	-0.07%
Max Drawdown (5Y) Largest decline over 5 years	-21.71%	—	—
Current Drawdown Current decline from peak	-8.03%	-6.45%	-1.58%
Average Drawdown Average peak-to-trough decline	-4.72%	-2.75%	-1.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	2.63%	+0.38%

Volatility

SECT vs. INRO - Volatility Comparison

The current volatility for Main Sector Rotation ETF (SECT) is 5.49%, while Blackrock U.S. Industry Rotation ETF (INRO) has a volatility of 5.79%. This indicates that SECT experiences smaller price fluctuations and is considered to be less risky than INRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SECT	INRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.49%	5.79%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	10.25%	10.16%	+0.09%
Volatility (1Y) Calculated over the trailing 1-year period	19.93%	18.69%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.81%	17.37%	+0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.25%	17.37%	+2.88%