TINT
Smart Materials ETF
Why Invest in TINT?
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From temperature-sensitive coatings used for windows to shape memory alloys used in aircraft wings, the widening industrial applications of smart materials have helped companies improve efficiency and save on resources.
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Smart materials can be used in commercial and residential buildings to reduce energy costs and increase building value. Notably, Netflix and Facebook have installed smart windows—windows that can block and store sunlight. Experts say that smart windows could significantly reduce energy consumption.
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Adoption in areas like consumer goods, automotive, and defense and aerospace have driven growth. The global smart material market was valued at $44 billion in 2019 and is projected to reach $110 billion by 2026, according to a 2020 Brand Essence report.
Why Invest in TINT?
-
From temperature-sensitive coatings used for windows to shape memory alloys used in aircraft wings, the widening industrial applications of smart materials have helped companies improve efficiency and save on resources.
-
Smart materials can be used in commercial and residential buildings to reduce energy costs and increase building value. Notably, Netflix and Facebook have installed smart windows—windows that can block and store sunlight. Experts say that smart windows could significantly reduce energy consumption.
-
Adoption in areas like consumer goods, automotive, and defense and aerospace have driven growth. The global smart material market was valued at $44 billion in 2019 and is projected to reach $110 billion by 2026, according to a 2020 Brand Essence report.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| TINT Market Price | 0.80% | 7.22% | 9.10% | 14.27% | -8.77% | -- | -- | -- | -12.92% | 10/26/2021 |
| TINT NAV | 0.66% | 7.31% | 8.56% | 13.88% | -9.06% | -- | -- | -- | -13.04% | 10/26/2021 |
| Solactive Smart Materials Index | 0.80% | 7.89% | 9.07% | 14.26% | -8.32% | -- | -- | -- | -12.44% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| TINT Market Price | -6.17% | 13.58% | -0.44% | -30.00% | -30.00% | -- | -- | -- | -23.68% | 10/26/2021 |
| TINT NAV | -5.77% | 13.28% | -0.43% | -29.97% | -29.97% | -- | -- | -- | -23.58% | 10/26/2021 |
| Solactive Smart Materials Index | -5.58% | 13.47% | -0.15% | -29.64% | -29.64% | -- | -- | -- | -23.20% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker TINT
- Intraday Ticker TINT.IV
- CUSIP 74347G473
- Inception Date 10/26/21
- Unitary Expense Ratio 0.58%*
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Characteristics
as of 2/28/2023- Distribution Yield 2.5%
Distribution Yield represents the annualized yield based on the last income distribution.
- SEC 30-Day Yield 1.15%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
Price
as of 3/31/2023- NAV $32.97
- NAV Change $+0.40
- Market Price $0.00
- Market Price Change $0.00
- Trading Volume (M) 0
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Snapshot
- Ticker TINT
- Intraday Ticker TINT.IV
- CUSIP 74347G473
- Inception Date 10/26/21
- Unitary Expense Ratio 0.58%*
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Characteristics
as of 2/28/2023- Distribution Yield 2.5%
Distribution Yield represents the annualized yield based on the last income distribution.
- SEC 30-Day Yield 1.15%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
Price
as of 3/31/2023- NAV $32.97
- NAV Change $+0.40
- Market Price $0.00
- Market Price Change $0.00
- Trading Volume (M) 0
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Exposures
Fund as of 3/30/2023
Holdings
as of 3/30/2023
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 5.81% | OLED | UNIVERSAL DISPLAY CORP | -- | $94,667.80 | 620 | 2277880 |
| 5.10% | AMAT | APPLIED MATERIALS INC | -- | $83,034.80 | 680 | 2046552 |
| 4.71% | SOLB | SOLVAY SA | -- | $76,743.43 | 672 | 4821100 |
| 4.71% | MTRN | MATERION CORP | -- | $76,712.48 | 676 | 2149622 |
| 4.67% | AKE | ARKEMA | -- | $76,004.25 | 772 | B0Z5YZ2 |
| 4.65% | AXTA | AXALTA COATING SYSTEMS LTD | -- | $75,796.84 | 2,572 | BSFWCF5 |
| 4.63% | AKZA | AKZO NOBEL N.V. | -- | $75,363.76 | 982 | BJ2KSG2 |
| 4.60% | DD | DUPONT DE NEMOURS INC | -- | $74,938.43 | 1,061 | BK0VN47 |
| 4.59% | HXL | HEXCEL CORP | -- | $74,672.79 | 1,097 | 2416779 |
| 4.55% | SIKA | SIKA AG-REG | -- | $74,033.15 | 268 | BF2DSG3 |
| 4.31% | CSTM | CONSTELLIUM SE | -- | $70,146.56 | 4,664 | BKPR6S5 |
| 4.27% | PPG | PPG INDUSTRIES INC | -- | $69,459.05 | 535 | 2698470 |
| 4.19% | 014680 | HANSOL CHEMICAL CO LTD | -- | $68,194.59 | 377 | 6988155 |
| 3.97% | NGVT | INGEVITY CORP | -- | $64,681.10 | 926 | BD4LHG4 |
| 3.93% | CBT | CABOT CORP | -- | $63,949.64 | 841 | 2162500 |
| 3.89% | CC | CHEMOURS CO/THE | -- | $63,319.31 | 2,137 | BZ0CTP8 |
| 3.80% | 010060 | OCI CO LTD | -- | $61,833.43 | 793 | 6497004 |
| 3.68% | HUN | HUNTSMAN CORP | -- | $59,950.72 | 2,264 | B0650B9 |
| 3.48% | 6594 | NIDEC CORP | -- | $56,730.55 | 1,102 | 6640682 |
| 3.37% | RPM | RPM INTERNATIONAL INC | -- | $54,942.30 | 646 | 2756174 |
| 2.83% | 108320 | LX SEMICON CO LTD | -- | $46,098.37 | 541 | B53YZC0 |
| 2.58% | 336370 | SOLUS ADVANCED MATERIALS CO | -- | $41,985.61 | 1,168 | BJVLVG7 |
| 1.61% | NANO | NANOFILM TECHNOLOGIES INTERN | -- | $26,293.68 | 21,818 | BNG70K5 |
| 1.37% | 272290 | INNOX ADVANCED MATERIALS CO | -- | $22,323.17 | 669 | BF2NNZ7 |
| 1.24% | 036930 | JUSUNG ENGINEERING CO LTD | -- | $20,211.52 | 1,605 | 6201788 |
| 0.91% | SKYT | SKYWATER TECHNOLOGY INC | -- | $14,756.31 | 1,333 | BMDXB06 |
| 0.83% | MX | MAGNACHIP SEMICONDUCTOR CORP | -- | $13,468.00 | 1,480 | B3VBFJ6 |
| 0.53% | NEO | NEO PERFORMANCE MATERIALS IN | -- | $8,587.00 | 1,341 | BF5LL43 |
| 0.30% | MMAT | META MATERIALS INC | -- | $4,879.78 | 11,899 | BM8K210 |
| 0.23% | VIEW | VIEW INC | -- | $3,685.47 | 7,225 | BMGH0H5 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $10,879.48 | 10,879 | -- |
Index
- Total Number of Companies30
- Price/Earnings Ratio11.333
- Price/Book Ratio2.069
- Dividend Yield ( % )1.80
- Avg. Index Market Capitalization$9.96 billion
About the Index
The Solactive Smart Materials index is designed to track the performance of companies that have, or are expected to have, significant exposure to the field of smart materials, also known as intelligent or responsive materials, through either production, development, or research, as determined by the index methodology.
The index provider uses an automated scan of company filings and other public information to identify companies as having exposure to smart materials. The provider identifies and ranks companies based on the level of exposure to smart materials, as determined by the automated scan, and the 30 companies ranked highest are selected in to the index.
Selected companies are weighted based on market capitalization, subject to a maximum weight of 4.5% for any single company. The index includes U.S., non-U.S. developed, and emerging market companies and is reconstituted and rebalanced semiannually.
Distributions
For
- 2023
- 2022
- 2021
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
Sources: Brand Essence Research, "Global Smart Material Market Size," May 2020; Energy Live News, "Scientists Develop 'Liquid Window' to Reduce Energy Consumption in Buildings," November 2020; View, 2021; Energies, "Smart Electrochromic Windows to Enhance Building Energy Efficiency and Visual Comfort," March 2020.