iShares U.S. Thematic Rotation Active ETF (THRO)

The iShares U.S. Thematic Rotation Active ETF (THRO) is an actively managed equity exchange-traded fund from BlackRock's iShares business that rotates among investment themes in the U.S. stock market.

The fund's managers use BlackRock's systematic and fundamental research to identify themes and long-term trends, such as technological, demographic or economic shifts, that they expect to outperform, and they adjust the portfolio's thematic exposures over time as those views change. Holdings are U.S. companies linked to the selected themes.

Its objective is long-term capital appreciation by dynamically allocating to the themes judged most attractive rather than committing to a single fixed theme.