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TINT

ProShares Smart Materials ETF·ARCA
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Key Stats

Assets Under Management
1.89MUSD
Fund Flows (1Y)
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Dividend Yield
1.11%
Discount/Premium to NAV
-0.15%
Shares Outstanding
50.00K
Expense Ratio
0.58%

About ProShares Smart Materials ETF

Issuer
ProShare Advisors
Brand
ProShares
Inception Date
Oct 26, 2021
Structure
Open-Ended Fund
Index Tracked
Solactive Smart Materials Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
TINT tracks an index that invests in global companies within the smart materials space. These are companies that develop, research or produce materials with properties that can adapt to external stimuli, or that have disruptive or pioneering properties. Examples of which are materials that change color when subject to a certain temperature, or those that change shape in response to an electrical impulse. In selecting components for the index, a natural language processing algorithm is used to screen publicly available information such as financial news, business profiles, and company publications. Companies are then ranked based on their exposure to the smart materials theme, and those who do not meet the minimum threshold are excluded from the index. The top 30 companies are selected for inclusion and are weighted using market capitalization, with a weight cap of 4.5% per company. Reconstitution and rebalancing occurs semi-annually, every May and November

Classification

Asset Class
Equity
Category
Sector
Focus
Materials
Niche
Broad-based
Strategy
Vanilla
Geography
Global
Weighting Scheme
Market Cap
Selection Criteria
Market cap

Analysis

Sector

Basic Materials

63.06%

Technology

24.83%

Industrials

6.55%

Healthcare

5.55%

Asset

Holdings

Symbol

Ratio

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MERCK & CO. INC.

5.66%
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APPLIED MATERIALS INC

5.29%
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PPG INDUSTRIES INC

5.17%
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CORNING INC

5.15%
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AXALTA COATING SYSTEMS LTD

4.82%
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HEXCEL CORP

4.74%

Symbol

Ratio

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CONSTELLIUM SE

4.71%
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ARKEMA

4.68%
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CABOT CORP

4.59%
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SYENSQO SA

4.51%

Top 10 Weight 49.32%

10 Total Holdings

See all holdings

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