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INROvsPBUSETF Comparison

ETF 1

INRO

iShares U.S. Industry Rotation Active ETF

This fund is part of

US Multi-Factor

-0.91%

Full INRO fund page

VS

ETF 2

PBUS

Invesco PureBeta MSCI USA ETF

This fund is part of

US Large Cap

-1.25%

Full PBUS fund page

iShares U.S. Industry Rotation Active ETF (INRO) belongs to the US Multi-Factor segment. Invesco PureBeta MSCI USA ETF (PBUS) is part of the US Large Cap segment. INRO's top 3 sector exposures are Technology, Finance and Consumer Non-Cyclicals. In contrast, PBUS's top sector exposures are Technology, Finance and Healthcare. INRO is more expensive with a Total Expense Ratio (TER) of 0.42%, versus 0.04% for PBUS. INRO is up 13.91% year-to-date (YTD) with +$487M in YTD flows. PBUS performs worse with 12.65% YTD performance, and -$1.21B in YTD flows. Run a side-by-side ETF comparison of INRO and PBUS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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INRO vs PBUS performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	INRO PBUS	+1.19%+1.39%	+1.29%+1.81%	+13.91%+12.65%	+17.36%+16.37%	n/a+81.86%	n/a+78.88%
Flows	INRO PBUS	+$485M-$996M	+$487M-$958M	+$487M-$1.21B	+$486M+$587K	-+$3.64B	-+$4.78B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	INRO PBUS	+12.71%+11.21%	+14.49%+12.86%	n/a+15.15%	n/a+17.21%
Max drawdown	INRO PBUS	-3.72%-3.10%	-9.29%-9.06%	n/a-19.13%	n/a-25.42%
Max drawdown duration	INRO PBUS	15d53d	75d77d	n/a126d	n/a715d

Trading data

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	INRO	PBUS
Last sale 10/16/2026 at 1:30 PM	$36.51	$76.46
Previous close 10/15/2026	$36.98	$77.34
Consolidated volume 10/15/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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INRO

is actively managed and doesn’t replicate an index

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	INRO	PBUS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/16/2026 at 1:30 PM

Live

Closed

	INRO	PBUS
Last price	$36.51	$76.46
1D performance	-1.27%	-1.14%
AuM	$515.49 M	$10.59 B
E/R	0.42%	0.04%

Characteristics

	INRO	PBUS
Management strategy	Active	Passive
Provider	iShares	Invesco
Benchmark	-	MSCI USA Index
N° of holdings	300	522
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	March 26, 2024	September 22, 2017
ESG	No	No

More INRO data on Trackinsight

More PBUS data on Trackinsight

Exposure

Countries

INRO

USA

96.47%

Other

3.53%

PBUS

USA

97.35%

Other

2.65%

Sectors

INRO

Technology

44.6%

Finance

11.95%

Consumer Non-Cycl.

10.43%

Healthcare

9.48%

Industrials

8.7%

Other

14.85%

PBUS

Technology

44.86%

Finance

13.58%

Healthcare

9.25%

Consumer Non-Cycl.

8.85%

Industrials

7.7%

Other

15.76%

Diversification

INRO

Total weight of top 15 holdings out of 15

44.67%

PBUS

Total weight of top 15 holdings out of 15

42.8%

Top 15 holdings

Data as of August 31, 2026

INRO

Apple, Inc.

7.90%

NVIDIA Corp.

7.70%

Microsoft Corp.

5.81%

Amazon.com, Inc.

3.83%

Alphabet, Inc.

2.94%

Alphabet, Inc.

2.22%

JPMorgan Chase & Co.

2.21%

Broadcom Inc.

2.06%

Meta Platforms, Inc.

1.82%

Micron Technology, Inc.

1.68%

Tesla, Inc.

1.43%

Eli Lilly & Co.

1.43%

Advanced Micro Devices, Inc.

1.25%

Procter & Gamble Co.

1.22%

Mastercard, Inc.

1.16%

PBUS

NVIDIA Corp.

7.91%

Apple, Inc.

6.94%

Microsoft Corp.

5.36%

Amazon.com, Inc.

3.73%

Alphabet, Inc.

2.98%

Broadcom Inc.

2.51%

Alphabet, Inc.

2.35%

Meta Platforms, Inc.

1.88%

Micron Technology, Inc.

1.59%

Tesla, Inc.

1.50%

JPMorgan Chase & Co.

1.43%

Eli Lilly & Co.

1.42%

Advanced Micro Devices, Inc.

1.17%

Berkshire Hathaway, Inc.

1.05%

ExxonMobil Holdings Corp.

0.98%

Frequently asked questions about INRO and PBUS

INROvsPBUSETF Comparison

iShares U.S. Industry Rotation Active ETF

Invesco PureBeta MSCI USA ETF

INRO vs PBUS performance and flow charts

Performance

Cumulative Flows

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Countries

Sectors

Diversification

Top 15 holdings

How have the INRO and PBUS ETFs performed in 2026?

As of October 16, 2026, INRO is up 13.91% year-to-date (YTD), while PBUS has returned 12.65%. That puts INRO better performer ahead so far this year.

Which ETF is attracting more investor money: INRO or PBUS?

Year-to-date, the INRO ETF saw +$487M in flows, compared to -$1.21B for PBUS.

Which ETF is more volatile: INRO or PBUS?

Over the past year, INRO had a volatility of 14.49%, while PBUS experienced 12.86%.

Which ETF is bigger: INRO or PBUS?

As of October 16, 2026, INRO holds $515.49 M in assets under management (AUM), while PBUS manages $10.59 B.

What sectors do the INRO and PBUS ETFs invest in?

INRO leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, PBUS focuses on Technology, Finance and Healthcare.

What are the top holdings of the INRO ETF and PBUS ETF?

INRO top holdings include Apple, Inc., NVIDIA Corp. and Microsoft Corp.. PBUS holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: INRO or PBUS?

INRO holds 301 securities with 44.67% of its assets in the top 15. PBUS has 525 securities and a top 15 weight of 42.8%.

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