Key stats
About iShares U.S. Thematic Rotation Active ETF
Home page
Inception date
Dec 14, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
THRO provides multiple US thematic exposures through a systematic framework focused on three processes: theme identification, theme evaluation, and portfolio construction. The fund adviser uses statistical techniques, data sets, and models to identify relevant themes, which are evaluated through proprietary alpha signals. This produces forecasts for each theme’s attributes (e.g., flow activity and investor sentiment). The portfolio consists of securities that have relevant theme involvement and above-average earnings growth potential. Note that the fund adviser does not specify particular theme/s it focuses on, and the fund’s active mandate allows dynamic rotation in and out of themes and securities. During temporary defensive periods, the fund may invest in liquid short-term investments. Strategic transactions such as derivatives may also be used for hedging and other risk management purposes. Prior to Oct. 10, 2024, the fund used Blackrock branding and traded with the ticker BTHM.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stocks98.18%
Technology Services24.64%
Electronic Technology21.70%
Retail Trade14.16%
Health Technology8.87%
Producer Manufacturing5.36%
Industrial Services4.77%
Finance4.72%
Transportation2.12%
Process Industries2.08%
Distribution Services1.69%
Consumer Non-Durables1.39%
Energy Minerals1.33%
Consumer Services1.27%
Consumer Durables1.26%
Health Services1.13%
Utilities0.84%
Commercial Services0.72%
Communications0.07%
Non-Energy Minerals0.07%
Bonds, Cash & Other1.82%
Cash1.82%
Stock breakdown by region
North America95.11%
Europe2.81%
Middle East2.08%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
THRO invests in stocks. The fund's major sectors are Technology Services, with 24.64% stocks, and Electronic Technology, with 21.70% of the basket. The assets are mostly located in the North America region.
THRO top holdings are NVIDIA Corporation and Apple Inc., occupying 7.85% and 5.91% of the portfolio correspondingly.
THRO last dividends amounted to 0.00 USD. The quarter before, the issuer paid 0.00 USD in dividends, which shows a 7.56% increase.
THRO assets under management is 4.34 B USD. It's risen 661.29% over the last month.
THRO fund flows account for 4.32 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, THRO pays dividends to its holders with the dividend yield of 0.20%. The last dividend (Mar 21, 2025) amounted to 0.00 USD. The dividends are paid quarterly.
THRO shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Dec 14, 2021, and its management style is Active.
THRO expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
THRO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
THRO invests in stocks.
THRO price has risen by 8.06% over the last month, and its yearly performance shows a 14.17% increase. See more dynamics on THRO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.46% over the last month, showed a 0.98% increase in three-month performance and has increased by 14.27% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.46% over the last month, showed a 0.98% increase in three-month performance and has increased by 14.27% in a year.
THRO trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.