INRO vs SMST

Comparison between BlackRock U.S. Industry Rotation ETF (INRO, ETF) and DEFIANCE DAILY TARGET 2X SHORT MSTR ETF (SMST, ETF).

INRO vs SMST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INRO(ETF)	SMST(ETF)
Net Assets	$31M	$31M
Expense Ratio	0.42%	N/A
Max Drawdown	20.14%	99.25%
Sharpe Ratio	1.67	1.16
5Y Beta	1.03	-4.76
P/E Ratio	32.35	N/A
Forward P/E	23.70	N/A
5Y EPS CAGR	31.21%	N/A
Debt to Equity	35.50%	N/A
P/S Ratio	3.73	N/A
P/B Ratio	6.25	N/A

Net Assets

INRO

$31M

Winner

SMST

$31M

Expense Ratio

INRO

0.42%

SMST

N/A

Max Drawdown

Winner

INRO

20.14%

SMST

99.25%

Sharpe Ratio

Winner

INRO

1.67

SMST

1.16

5Y Beta

INRO

1.03

Winner

SMST

-4.76

P/E Ratio

INRO

32.35

SMST

N/A

Forward P/E

INRO

23.70

SMST

N/A

5Y EPS CAGR

INRO

31.21%

SMST

N/A

Debt to Equity

INRO

35.50%

SMST

N/A

P/S Ratio

INRO

3.73

SMST

N/A

P/B Ratio

INRO

6.25

SMST

N/A

INRO vs SMST - Holdings Comparison

INRO and SMST have 0 common holdings. Overlap is 0.00%

INRO's top 25 holdings weight is 52.81%. SMST's top 25 holdings weight is 4.39%.

Rank	INRO	SMST
#1	NVIDIA CORP (NVDA) - 8.62%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 4.39%
#2	APPLE INC (AAPL) - 7.10%	N/A
#3	MICROSOFT CORP (MSFT) - 5.34%	N/A
#4	AMAZON.COM INC (AMZN) - 4.15%	N/A
#5	ALPHABET INC CLASS A (GOOGL) - 3.53%	N/A
#6	BROADCOM INC (AVGO) - 2.73%	N/A
#7	ALPHABET INC CLASS C (GOOG) - 2.71%	N/A
#8	META PLATFORMS INC CLASS A (META) - 2.38%	N/A
#9	TESLA INC (TSLA) - 1.87%	N/A
#10	JPMORGAN CHASE & CO (JPM) - 1.74%	N/A
#11	EXXON MOBIL CORP (XOM) - 1.44%	N/A
#12	WALMART INC (WMT) - 1.34%	N/A
#13	VISA INC CLASS A (V) - 1.26%	N/A
#14	ELI LILLY AND CO (LLY) - 1.21%	N/A
#15	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.06%	N/A
#16	LAM RESEARCH CORP (LRCX) - 1.04%	N/A
#17	MICRON TECHNOLOGY INC (MU) - 1.01%	N/A
#18	MASTERCARD INC CLASS A (MA) - 0.88%	N/A
#19	COSTCO WHOLESALE CORP (COST) - 0.86%	N/A
#20	APPLIED MATERIALS INC (AMAT) - 0.84%	N/A
#21	MERCK & CO INC (MRK) - 0.36%	N/A
#22	VEEVA SYSTEMS INC CLASS A (VEEV) - 0.34%	N/A
#23	CHUBB LTD (CB) - 0.34%	N/A
#24	QUANTA SERVICES INC (PWR) - 0.33%	N/A
#25	STARBUCKS CORP (SBUX) - 0.33%	N/A
Total Holdings	501	1

INRO vs SMST - Historical Returns

Returns include dividend reinvestment.

Period	INRO	SMST
1 month	+2.56%	+107.18%
3 months	+10.49%	-9.81%
6 months	+9.83%	-28.73%
1 year	+28.72%	+71.06%
Max(CAGR)	+17.63%	-86.54%

INRO

+2.56%

Winner

SMST

+107.18%

Winner

INRO

+10.49%

SMST

-9.81%

Winner

INRO

+9.83%

SMST

-28.73%

INRO

+28.72%

Winner

SMST

+71.06%

Max(CAGR)

Winner

INRO

+17.63%

SMST

-86.54%

INRO vs SMST - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	INRO	SMST
2026	+10.05%	-41.18%
2025	+16.86%	-39.90%
2024	+10.88%	-90.90%

INRO vs SMST Drawdown Comparison

The maximum drawdown for INRO was -20.02%, occurring on Apr 8, 2025. Recovery took 90 trading sessions.

The maximum drawdown for SMST was -99.25%, occurring on Jul 16, 2025. This drawdown has not yet recovered.

The current INRO drawdown is -3.24%. The current SMST drawdown is -97.85%.

Rank	INRO	SMST
#1	-20.02% Feb 19, 2025 - Jun 30, 2025	-99.25% Sep 6, 2024 - Jul 16, 2025
#2	-10.52% Jul 10, 2024 - Oct 9, 2024	-18.07% Aug 22, 2024 - Sep 3, 2024
#3	-9.36% Jan 28, 2026 - Apr 14, 2026	-3.13% Sep 3, 2024 - Sep 5, 2024
#4	-6.91% Mar 28, 2024 - May 15, 2024	N/A
#5	-5.37% Oct 28, 2025 - Dec 23, 2025	N/A
#6	-4.55% Dec 6, 2024 - Jan 23, 2025	N/A
#7	-3.24% Jun 2, 2026 - Jun 5, 2026	N/A
#8	-3.02% Oct 8, 2025 - Oct 24, 2025	N/A
#9	-2.88% Jan 12, 2026 - Jan 27, 2026	N/A
#10	-2.67% May 14, 2026 - May 26, 2026	N/A
#11	-2.58% Oct 18, 2024 - Nov 6, 2024	N/A
#12	-2.27% Nov 11, 2024 - Nov 25, 2024	N/A
#13	-2.16% Jan 23, 2025 - Feb 13, 2025	N/A
#14	-2.13% Jul 25, 2025 - Aug 8, 2025	N/A
#15	-1.66% Aug 14, 2025 - Aug 26, 2025	N/A

Correlation

Correlation between INRO and SMST is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

-101