Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Fund Details
iShares U.S. Thematic Rotation Active ETF(THRO)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for THRO
09/18/2026: THRO (3-star) is a REGULAR-BUY. BUY for 28 days. Simulated Profits (-0.05%). Updated daily EoD!
THRO is an actively managed ETF that provides dynamic exposure to various U.S. equity themes by rotating holdings based on current market strength. Its primary strength lies in professional management and the convenience of a tactical rotation strategy that shifts with market trends. It is best used as a satellite position in a diversified portfolio to capture potential alpha, rather than a core long-term holding. Key risks include higher expense ratios, potential manager underperformance during theme rotation, and lower liquidity compared to massive passive funds. This fund is most appropriate for investors comfortable with active risk who seek to benefit from shifts in market momentum across diverse industries.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The fund's focus on rotating into high-potential themes aligns well with growth-oriented investment goals. |
| Momentum investor | Strong fit while signal remains positive | The rotation strategy is designed to capture sector momentum, making it suitable for tactical momentum traders. |
| Value investor | Weak fit | THRO's focus on thematic rotation often prioritizes momentum or growth factors over classic value valuation metrics. |
| Dividend/Income investor | Weak fit | The fund is focused on capital appreciation through thematic rotation rather than consistent income generation. |
| Low-risk investor | Weak fit | The active rotation strategy introduces higher volatility and concentration risks compared to broad-market index funds. |
Investor Profile
Ideal Investor Profile
The ideal investor is a sophisticated individual or financial advisor looking for a tactical, actively managed overlay to a core portfolio.
Suitability
THRO is best suited for long-term investors comfortable with active management risks who want exposure to market themes without managing the rotation themselves.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Thematic rotation can lead to significant swings in portfolio value as the manager changes sector weightings. |
| Market risk | Medium / high | As an equity fund, it is fully exposed to general market downturns and economic systemic risks. |
| Concentration | Medium / high | The strategy may concentrate heavily in specific sectors, increasing sensitivity to sector-specific headwinds. |
| Tracking/expense | Medium | The active management fee is higher than passive alternatives, creating a higher hurdle for long-term outperformance. |
| Liquidity | Medium | Lower trading volume may make it more difficult to execute large trades without impacting the share price. |
| Business/sector quality | Medium | The effectiveness of the fund relies entirely on the manager's ability to pick successful themes. |
Risk Analysis
Volatility
THRO exhibits higher historical volatility than broad-market indices due to its concentrated thematic shifts.
Market Risk
The fund is subject to systematic equity market risks and sector-specific risks which may compound during market corrections.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Sector | Diversified U.S. Equities (Thematic Rotation) | 98 | The fund holds a rotating mix of U.S. stocks across various themes, meaning exposure changes based on manager outlook. |
| Cash/collateral | Cash and Cash Equivalents | 2 | A small portion of the fund is held in cash to facilitate trading and maintain liquidity for portfolio adjustments. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 39.24% | Avg. Invested days 65 | Today’s Advisory Regular Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/18/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 18, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $6.76B |
| Issuer | BlackRock |
| Expense Ratio | 0.5700000000000001% |
| Distribution Yield | 0.25% |
| Inception | Dec 14, 2021 |
Performance
| Period | Total Return |
|---|---|
| YTD | +13.00% |
| 1 Year | +16.02% |
| 3 Year | +22.64% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 15.6% |
| 3Y Volatility | 14.46% |
| 3Y Sharpe Ratio | 1.14 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Mega Cap | 51.28% |
| Large Cap | 34.96% |
| Mid Cap | 11.63% |
| Small Cap | 1.38% |
| Micro Cap | 0.06% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 43.00% |
| Industrials | 10.52% |
| Financial Services | 10.03% |
| Communication Services | 8.24% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 19.44x |
| Portfolio P/B | 4.99x |
| Portfolio P/S | 3.1x |
Top Holdings
| Holding | Weight |
|---|---|
| Apple | 8.30% |
| NVIDIA | 8.01% |
| Microsoft | 6.48% |
| Amazon | 4.59% |
| Alphabet Class A | 3.83% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.