TINT
ProShares Smart Materials ETF
📎 Investment Objective
The ProShares Smart Materials ETF (TINT) seeks to provide investment results that, before fees and expenses, correspond to the performance of the Solactive Smart Materials Index.
Overview
ETF tracking ProShares Smart Materials ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The ProShares Smart Materials ETF (TINT) seeks to provide investment results that, before fees and expenses, correspond to the performance of the Solactive Smart Materials Index.
🎯 Investment Strategy
The fund invests in companies that are involved in the research, development, production, and application of advanced and innovative materials. This includes companies in industries such as chemicals, metals and mining, construction materials, and specialty chemicals.
✨ Key Features
- Exposure to companies at the forefront of materials science and innovation
- Diversified portfolio across the materials sector
- Passively managed to track the Solactive Smart Materials Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on the materials sector
- Potential volatility due to the innovative and specialized nature of the underlying companies
- Tracking error risk as the fund may not perfectly replicate the performance of the index
- Liquidity risk for less-traded or thinly-held securities in the portfolio
👤 Best For
The ProShares Smart Materials ETF may be suitable for investors seeking exposure to the materials sector and companies driving innovation in advanced materials. It could be a component of a diversified portfolio, but investors should be comfortable with the risks associated with a sector-focused fund and the potential volatility of the underlying holdings.