iShares International Country Rotation Active ETF
$36.04+0.07 (+0.19%)
- 1.06%
- $13.1B
- +24.7%
- 2.82%
- 2.7M sh
- $35.96
- low $29.84high $37.66
The ETF.net CORO Grade
C
Score 50 out of 100
- 27 of 57
Score 50 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F9 out of 100Rank 52 of 57Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B58 out of 100Rank 25 of 57Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A92 out of 100Rank 1 of 57Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A84 out of 100Rank 6 of 53Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A84 out of 100Rank 4 of 57
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
- 2,484
- 16%
- TSM
Sectors
- Financials25.6%
- Information Technology21.8%
- Industrials15.0%
- Consumer Discretionary6.5%
- Health Care6.1%
- Materials5.4%
- Energy4.9%
- Consumer Staples4.7%
- Communication4.2%
- Utilities3.9%
- Real Estate1.9%
Geography
- Japan19.67%
- Canada12.73%
- Taiwan (Province of China)9.95%
- Switzerland8.61%
- Korea (the Republic of)7.19%
- Spain6.28%
- United Kingdom5.49%
- Sweden4.94%
- 25.15%
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.
Not enough history yet.Not enough history yet.Not enough history yet.
CORO$12,471
Returns run to the Oct 12, 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 | +16.7% |
| 1 month | −3.0% |
| 3 months | −0.6% |
| 1 year | +24.7% |
| 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 | +16.7% | |
| 2025 | +35.1% | |
| 2024 | −3.6% |
CORO in the news
CORO Dividends
- 2.82%
- $1.02
- $0.30 per share
- Twice a year
Distribution history
CORO Risk
- 12.2%
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.
- 1.93
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
1.06%
CORO1.06%
- The middle half of International Active Equity funds
- Median 0.59%
49 of the 55 International Active Equity funds charge less.
Other funds in International Active Equity
- CMFSIMFS Active Exchange Traded Funds Trust - MFS Active International ETFExpense ratio 0.59%1 year return +13.3%
- CESIMEventide International ETFExpense ratio 0.59%1 year return —
- COSEAHarbor International Compounders ETF (OSEA)Expense ratio 0.55%1 year return +0.5%
- CNBIENeuberger Berman ETF Trust - International Core Equity ETFExpense ratio 0.87%1 year return —
- CTINSTempleton International Insights ETFExpense ratio 0.55%1 year return —