BlackRock U.S. Industry Rotation ETF
Data updated: 2026-09-25
C000248199 — BlackRock U.S. Industry Rotation ETF. United States Large Cap Blend / Core Equity · $34.37M AUM. Holdings, fees, performance and SEC filings.
C000248199 Fund Overview
BlackRock U.S. Industry Rotation ETF is a US ETF managed by BlackRock ETF Trust, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: BlackRock ETF Trust
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $34.37M
- 1-year return: 32.9%
- SEC CIK: 0001761055
- SEC series ID: S000084031
- Share class ID: C000248199
C000248199 Investment Objective and Strategy
BlackRock U.S. Industry Rotation ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BlackRock ETF Trust.
Investment objective
The iShares U.S. Industry Rotation Active ETF (the Fund) seeks long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in U.S.-listed equity securities and derivatives that have similar economic characteristics to such securities. Investments in derivatives are counted toward the Funds 80% policy to the extent that they provide investment exposure to the securities included within that policy or to one or more market risk factors associated with such securities. The Fund will normally hold common stock of those companies that fall in the industries that make up the MSCI USA Index but at times may hold common stock of those companies that fall in the industries that make up the Russell 3000 Index. The Fund may also invest in other securities, including but not limited to, exchange traded funds (ETFs), cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates.
The Fund is managed as a rotation strategy, dynamically adjusting its exposures around its benchmark allocation. In selecting securities for the Fund, BFA takes into consideration five potential sources of return: information about the current economic cycle, valuation, quality metrics, analyst expectation data and recent trends for each industry. BFA seeks to tilt the Funds portfolio into what it believes to be favorable industries and away from what it believes to be unfavorable industries. The Fund may use derivatives, including options, futures, swaps (including, but not limited to, total return swaps, some of which may be referred to as contracts for difference) and forward contracts, both to seek to increase the return of the Fund and to hedge (or protect) the value of its assets against adverse movements in interest rates and movements in the securities markets.
The Fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. The Fund is classified as non-diversified under the Investment Company Act of 1940, as amended (the Investment Company Act).
C000248199 Holdings
Top 10 holdings of BlackRock U.S. Industry Rotation ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Apple Inc | 7.71% |
| NVIDIA Corp | 7.29% |
| Microsoft Corp | 5.65% |
| Amazon.com Inc | 4.54% |
| Alphabet Inc | 3.07% |
| Alphabet Inc | 2.28% |
| JPMorgan Chase & Co | 2.24% |
| Broadcom Inc | 2.22% |
| Meta Platforms Inc | 1.81% |
| Micron Technology Inc | 1.48% |
C000248199 Portfolio Allocation
Asset-class allocation of BlackRock U.S. Industry Rotation ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
| Cash & Equivalents | 0.8% |
C000248199 Performance
Total returns for C000248199 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.4% |
| 1 year | 32.9% |
| 3 years (annualised) | 16.3% |
C000248199 Risk Information
Risk metrics for C000248199, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.1%
C000248199 Costs and Fees
C000248199 costs about $42 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.42%
- Gross expense ratio: 0.42%
- Portfolio turnover: 227%
- Brokerage commissions: 1.84 bps of average net assets (SEC N-CEN)
C000248199 Cashflows
Over the 12 months to 2026-04, BlackRock U.S. Industry Rotation ETF had net outflows of $1.54M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $603.91K |
| 2026-03 | −$4.37M |
| 2026-02 | $1.31M |
| 2026-01 | $3.18K |
| 2025-12 | −$645.70K |
| 2025-11 | $623.79K |
C000248199 Debt Constituents
No individual debt constituents are reported in BlackRock U.S. Industry Rotation ETF's latest SEC N-PORT filing.
C000248199 Prospectus and SEC Filings
Official BlackRock U.S. Industry Rotation ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-11-24
- Prospectus (485BPOS) — filed 2024-11-25
- Prospectus supplement (497) — filed 2024-10-10
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-26
- Annual census (N-CEN) — filed 2025-10-14
- Annual census (N-CEN) — filed 2024-10-15
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.