INRO vs VOO
iShares US Industry Rotation Active ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. INRO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | INRO | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.42% | 0.03% | |
| AUM | $37M | $997.4B | |
| Dividend Yield | 0.61% | 1.08% | |
| Holdings | 296 | 509 | |
| YTD Return | +14.15% | +12.73% | |
| 1Y Return | +21.81% | +20.59% | |
| 3Y Return (annualized) | - | +21.70% | |
| 5Y Return (annualized) | - | +12.87% | |
| Volatility (annualized) | 13.3% | 14.1% | |
| Max Drawdown | -20.0% | -34.3% | |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 26, 2024 | Sep 7, 2010 |
INRO vs VOO Performance
iShares US Industry Rotation Active ETF (INRO) is a ETF from BlackRock, Inc. (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year INRO returned +21.81% while VOO returned +20.59%. Year to date, INRO is up 14.15% versus a gain of 12.73% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.3% 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 -34.3% for VOO. 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 VOO 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 0.61% against 1.08% for VOO.
Holdings Overlap
INRO and VOO share 207 holdings out of 591 unique holdings combined, representing a 71.8% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, INRO or VOO?
INRO has an expense ratio of 0.42% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $39 per year of difference.
Which performed better, INRO or VOO?
Over the past year INRO returned +21.81% vs +20.59% for VOO, so INRO leads on 1-year performance. Over the longest common window we track (2 years), INRO annualized +17.72% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, INRO or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 13.3% for INRO. Worst drawdown: INRO -20.0% vs VOO -34.3%.
Should I hold both INRO and VOO?
INRO and VOO 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 VOO?
INRO and VOO share 207 common holdings with a 71.8% weight overlap. Combined, they hold 591 unique securities.
Which pays a higher dividend, INRO or VOO?
INRO yields 0.61% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.