iShares International Country Rotation Active ETF
$36.74−0.51 (−1.37%)
- Expense ratio
- 1.06%
- Fund size
- $8.6B
- 1Y return
- +27.0%
- Yield · Last 12 months
- 2.72%
- Volume · 30D
- 1.9M sh
- NAV per share
- $37.36
- 52W range
The ETF.net CORO Grade
Score 48 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 9Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 61Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 82Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 83Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 84Category rank
Our read on CORO
CBlackRock's model-portfolio desk in one ticker. CORO holds a rotating basket of iShares single-country funds across developed and emerging markets, shifting weight toward the countries its quant models favor instead of tracking a fixed global index.
The Fund seeks long-term capital appreciation.
Why people hold it
- One trade replaces a shelf of single-country funds: a compact book of roughly 29 positions, mostly iShares country ETFs spanning developed and emerging markets.businesswire.com
- Built and run by BlackRock's Model Portfolio Solutions team, the same group behind its advisor model portfolios, using proprietary quantitative country models.businesswire.com
- Rare scale for a young strategy: a multi-billion-dollar fund that trades actively, despite launching in December 2024. Liquidity problems are not the issue here.
Worth knowing
- Cost is the sore spot. All-in expenses run well above the median for active international funds, while broad rivals like AVDE (0.23%) and DFIC (0.22%) charge a fraction.
- Returns hinge on the country calls. iShares notes there is no guarantee the rotation model works as intended, and frequent trading can add transaction costs.ishares.com
- Short history: the fund opened in December 2024, so there is not yet a long record to judge the strategy across full market cycles. Pays quarterly.
CORO Holdings
- Stocks
- —
- 16%
- TSM
Sectors
- Financials25.9%
- Technology21.2%
- Industrials15.3%
- Consumer Discr.6.5%
- Health Care6.2%
- Materials5.2%
- Communication4.7%
- Energy4.5%
- Cons. Staples4.4%
- Utilities3.8%
- Real Estate2.2%
Geography
- Japan19.26%
- Canada12.92%
- Taiwan (Province of China)9.48%
- Switzerland8.56%
- Korea (the Republic of)7.30%
- Spain6.46%
- United Kingdom5.51%
- Sweden4.93%
- 25.57%
Developed 75% · Emerging 25%
CORO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CORO |
|---|---|
| Year to date | +20.9% |
| 1 month | +0.3% |
| 3 months | +0.6% |
| 1 year | +27.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CORO |
|---|---|---|
| 2026 YTD | +20.9% | |
| 2025 | +35.1% | |
| 2024 | −3.6% |
CORO in the news
ETF.net Research hasn’t filed on CORO yet — coverage lands here as it’s written.
CORO Dividends
- 2.72%
- $1.02
- $0.30 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jul 2, 2026 | Jul 8, 2026 | $0.30 |
| Dec 23, 2025 | Dec 29, 2025 | $0.49 |
| Dec 2, 2025 | Dec 5, 2025 | $0.23 |
| Jul 2, 2025 | Jul 8, 2025 | $0.28 |
| Dec 30, 2024 | Jan 3, 2025 | $0.36 |
CORO Risk
- 12.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 2.17
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −14.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.67
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CORO Cost
- The middle half of International Active Equity funds
- Median 0.58%
49 of the 55 International Active Equity funds charge less.