TINT

Smart Materials ETF

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.

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.

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

Chart data from Thomson Reuters. 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. Data is delayed at least 15 minutes.

Total Return

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
TINT Market Price -6.37% -9.31% -16.00% -18.99% -- -- -- -- -15.90% 10/26/2021
TINT NAV -5.70% -8.31% -15.26% -18.44% -- -- -- -- -15.23% 10/26/2021
Solactive Smart Materials Index -5.61% -8.04% -15.02% -18.29% -- -- -- -- -27.25% --

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 4/30/2022
  • SEC 30-Day Yield 0.82%

    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 5/17/2022
  • NAV $34.54
  • NAV Change $+1.16 up caret
  • Market Price $34.59
  • Market Price Change $+1.22 up caret
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.32%
  • 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 4/30/2022
  • SEC 30-Day Yield 0.82%

    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 5/17/2022
  • NAV $34.54
  • NAV Change $+1.16 up caret
  • Market Price $34.59
  • Market Price Change $+1.22 up caret
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.32%
  • View Premium / Discount

Exposures

Index as of 3/31/2022 and Fund as of 5/17/2022

Holdings

as of 5/17/2022

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts
5.68% CC CHEMOURS CO/THE -- $98,057.80 2,290
4.81% CBT CABOT CORP -- $83,122.00 1,150
4.73% AKE ARKEMA -- $81,732.95 658
4.73% HUN HUNTSMAN CORP -- $81,658.72 2,236
4.64% AMAT APPLIED MATERIALS INC -- $80,152.24 686
4.60% RPM RPM INTERNATIONAL INC -- $79,408.32 914
4.58% AXTA AXALTA COATING SYSTEMS LTD -- $79,012.95 2,985
4.51% SOLB SOLVAY SA -- $77,814.80 793
4.43% HXL HEXCEL CORP -- $76,559.28 1,393
4.42% ENTG ENTEGRIS INC -- $76,364.00 680
4.40% -- LG DISPLAY CO LTD COMMON STOCK KRW 5000 -- $75,930.80 5,679
4.40% OLED UNIVERSAL DISPLAY CORP -- $75,915.86 593
4.29% AKZA AKZO NOBEL N.V. -- $74,159.05 864
4.29% SHW SHERWIN-WILLIAMS CO/THE -- $74,046.50 275
4.27% 6594 NIDEC CORP -- $73,775.79 1,149
4.26% PPG PPG INDUSTRIES INC -- $73,603.36 592
3.75% SIKA SIKA AG-REG -- $64,808.09 244
3.37% NGVT INGEVITY CORP -- $58,162.89 859
3.04% CSTM CONSTELLIUM SE -- $52,464.01 3,121
3.01% 014680 HANSOL CHEMICAL CO LTD -- $52,050.66 250
2.61% 010060 OCI CO LTD -- $45,081.16 525
2.25% 336370 SOLUS ADVANCED MATERIALS CO -- $38,795.48 773
2.15% MTRN MATERION CORP -- $37,147.50 450
2.03% 108320 LX SEMICON CO LTD -- $35,092.53 358
1.07% 036930 JUSUNG ENGINEERING CO LTD -- $18,422.44 1,063
0.99% -- MAGNACHIP SEMICONDUCTOR CORP COMMON STOCK USD 0.01 -- $17,139.37 989
0.96% 272290 INNOX ADVANCED MATERIALS CO -- $16,536.07 443
0.64% MMAT META MATERIALS INC -- $11,092.77 6,487
0.56% NEO NEO PERFORMANCE MATERIALS IN -- $9,644.55 896
0.19% VIEW VIEW INC -- $3,244.11 4,782
-- -- NET OTHER ASSETS (LIABILITIES) -- $5,787.63 5,788

Index

as of 3/31/2022

  • Total Number of Companies30
  • Price/Earnings Ratio13.979
  • Price/Book Ratio2.845
  • Dividend Yield ( % )1.33
  • Avg. Index Market Capitalization$13.49 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

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.

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For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

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.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

Investments in smart material technology are subject to risks associated with a developing industry and there is no guarantee that these companies will be successful.

Smart material technology companies may have limited product lines, markets, and resources. Such companies are subject to risks such as rapid changes in technology; intense competition; impairment of intellectual property rights; changing consumer preferences and product obsolescence; evolving industry standards and regulations; security and privacy failures or constraints; and the impact of research and development costs. The index theme may not be the primary driver of company, index or fund performance. Companies in the index may have significant unrelated business lines, which could have a significant negative impact on company, index and fund performance. This fund may be subject to additional risks associated with the materials industry. A more complete discussion of risks is found in the prospectus.

This fund is non-diversified and concentrates its investments in certain sectors. Non-diversified and narrowly focused investments typically exhibit higher volatility.

Investments in non-U.S. securities may involve risks different from U.S. securities, including risks from geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.

Investments in emerging markets generally are less liquid, more volatile and riskier than investments in more developed markets and are considered to be speculative.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

Investments in the debt of sub-sovereigns (including agency-issued securities) and quasi-sovereigns (i.e. corporations that have significant government ownership) may or may not be issued by or guaranteed as to principal and interest by a governmental authority.

"Deutsche Bank" and "DBIQ Short Duration Emerging Market Bond IndexSM" are service marks of Deutsche Bank AG and have been licensed for use for certain purposes by ProShares. ProShares have not been passed on by Deutsche Bank AG as to their legality or suitability. ProShares based on the DBIQ Short Duration Emerging Market Bond Index are not sponsored, endorsed, sold, or promoted by Deutsche Bank AG, and Deutsche Bank makes no representation, express or implied, regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

"Solactive AG," a registered trademark of Solactive AG, and the “Solactive Smart Materials Index” has been licensed for use by ProShare Advisors LLC. ProShares based on the Solactive Smart Materials Index are not sponsored, endorsed, sold, or promoted by Solactive AG and they make no representation regarding the legality or suitability of ProShares, or the advisability of investing in ProShares. SOLACTIVE AG AND ITS AFFILIATES MAKE NO WARRANTIES, EXPRESS OR IMPLIED, AND BEAR NO LIABILITY WITH RESPECT TO THE INDEXES, PROSHARES, OR THE FUND. Solactive AG uses its best efforts to ensure that the index is calculated correctly. Solactive AG has no obligation to point out errors in the index to third parties, including but not limited to investors and/or financial intermediaries.

This fund may be subject to additional risks associated with the materials industry. A more complete discussion of risks is found in the prospectus.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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