
The fund invests in securities to provide dynamic exposure to developed and emerging markets countries. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of issuers economically tied to countries other than the United States and derivatives that provide investment exposure to such securities or to one or more market risk factors associated with such securities.
Is CORO's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

iShares International Country Rotation Active ETF has a strategy with rotation between non-U.S. country ETFs at its core. CORO has delivered phenomenal results since December 2024, beating ACWX, ACWI, and CGXU as well as the U.S. market proxied with IVV. Heavy in Japan, Canada, and South Korea, CORO currently offers exposure to 18 developed countries and a few EMs, including China, India, and Thailand.

2026 is more than halfway done, somehow, after a whirlwind start defined by volatility. Geopolitical risk and AI bubble risk were the headline drivers, even as portfolios were rewarded by strong tech earnings.

CORO offers active non-U.S. equity exposure through BlackRock's country-rotation process. The fund's case rests on whether that flexibility can improve international allocation beyond a passive benchmark.

Claro acquired 472,905 shares of CORO during the first quarter of 2026. The estimated transaction value was $15.6 million (based on quarterly average pricing).