iShares U.S. Thematic Rotation Active ETF
BlackRock ETF Trust
Fund classification
Classified from what the fund holds · as of 2026 Q2
iShares U.S. Thematic Rotation Active ETF is an actively managed U.S. equity ETF. 14% of iShares U.S. Thematic Rotation Active ETF’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 98% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2025 Q4
The iShares U.S. Thematic Rotation Active ETF (the Fund) seeks long-term capital appreciation.
The fund invests in U.S. equity securities that the manager believes have above-average earnings growth potential, using a systematic framework focused on identifying and evaluating emerging and structural themes. The manager may use derivatives including futures, options, and swaps for risk management and to enhance returns. Because security selection depends on the manager's theme identification and company evaluation, fund performance will diverge from any benchmark.
| Share class | Expense ratio |
|---|---|
| C000232558 | 0.57% |
Portfolio turnover 45.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.44% |
| Cash & short-term | 0.82% |
| Derivatives | 0.04% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 38.6% |
| Financials | 11.7% |
| Communication Services | 11.5% |
| Industrials | 11.0% |
| 9 smaller | 27.2% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| AAPL | Apple IncAAPL | 8.12% | $271.35 | $671.76M | 2.5M |
| NVDA | NVIDIA CorpNVDA | 7.04% | $199.57 | $582.70M | 2.9M |
| MSFT | Microsoft CorpMSFT | 6.33% | $407.78 | $523.49M | 1.3M |
| AMZN | Amazon.com IncAMZN | 4.90% | $265.06 | $405.15M | 1.5M |
| GOOGL | Alphabet IncGOOGL | 4.79% | $384.80 | $395.81M | 1.0M |
| JPM | JPMorgan Chase & CoJPM | 2.94% | $313.23 | $243.10M | 776.1K |
| AVGO | Broadcom IncAVGO | 2.88% | $417.43 | $238.20M | 570.6K |
| GOOG | Alphabet IncGOOG | 2.86% | $381.94 | $236.38M | 618.9K |
| WMT | Walmart IncWMT | 2.43% | $131.93 | $201.17M | 1.5M |
| MU | Micron Technology IncMU | 2.15% | $517.16 | $177.78M | 343.8K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 44.43% of net assets, top 25 67.48%, across 243 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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