ETF Evaluator:
ProShares Inflation Expectations (RINF)
Follow This ETF
(as of Jul 31)
Best Performing in Nontraditional Bond Over the Last Year
| 8.1% | Simplify Kayne Anderson Ey&InfrasCrdtETF (KNRG) |
| 6.8% | WisdomTree Interest Rt Hdg Hi Yld Bd ETF (HYZD) |
| 6.8% | ProShares High Yield—Interest Rate Hdgd (HYHG) |
| 6.5% | Ocean Park Diversified Income ETF (DUKZ) |
| 5.9% | JPMorgan Flexible Debt ETF (JFLX) |
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ETF Details
ProShares Inflation Expectations Overview
ProShares Inflation Expectations (RINF) is a passively managed Taxable Bond Nontraditional Bond exchange-traded fund (ETF). ProShares launched the ETF in 2012.
The investment seeks investment results, before fees and expenses, that track the performance of the FTSE 30-Year TIPS (Treasury Rate Hedged) Index (the "index").
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of the BEI, or the difference in yield between a U.S. Treasury bond and a U.S. TIPS. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics.
About ProShares Inflation Expectations (RINF)
There are 2 members of the management team with an average tenure of 5.77 years: Alexander Ilyasov (2019) and James Linneman (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and FTSE 30-Yr TIPS (Treasury Rate-Hdg) USD index with a weighting of 100%. ProShares Inflation Expectations has 7 securities in its portfolio. The top 10 holdings constitute 80.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
ProShares Inflation Expectations is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. ProShares Inflation Expectations has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is -0.6% (-0.6% domestic bond, 0.0% foreign bond and 0.0% convertible bond). ProShares Inflation Expectations has 81.5% of the portfolio in cash.
Assets Under Management
The fund has $18 million in total assets, which is below the $315 million average for the Nontraditional Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
RINF Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The ProShares Inflation Expectations expense ratio is below average compared to funds in the Nontraditional Bond category. ProShares Inflation Expectations has an expense ratio of 0.30%, which is 78% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. ProShares Inflation Expectations has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 194% for the Nontraditional Bond category.
Recently, in the month of June 2026, ProShares Inflation Expectations returned -0.9%, which earned it a grade of F, as the Nontraditional Bond category had an average return of -0.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
ProShares Inflation Expectations has a trailing yield of 3.69%, which is below the 6.59% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
ProShares Inflation Expectations Grades
Year to date, the ETF has returned 1.6%, 1.2 percentage points better than the category, which translates into a grade of C. The fund has returned 2.4% over the past year (grade of F), 4.0% over the past three years (grade of D) and 5.4% per year over the past five years (grade of A) and 4.7% per year over the past 10 years (grade of C).
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RINF Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| RINF Return (NAV) | -0.9% | 2.5% | 2.4% | 4.0% | 5.4% | 4.7% |
| RINF Return (Price) | -1.1% | 2.1% | 2.1% | 3.9% | 5.3% | 4.7% |
| NAV +/- Price Return | 0.213% | 0.390% | 0.309% | 0.120% | 0.149% | -0.007% |
| Nontraditional Bond Avg | -0.3% | 1.9% | 3.3% | 6.0% | 3.4% | 4.5% |
| RINF Grade (NAV) | F | B | F | D | A | C |
| +/- Category (NAV) | -0.6% | 0.6% | -0.9% | -2.0% | 2.0% | 0.3% |
| RINF Tax-Cost Ratio | na | na | 1.5% | 1.7% | 1.5% | 1.1% |
RINF Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| RINF Return (NAV) | 1.6% | 1.5% | 9.4% | 1.1% | 8.2% | 16.2% | 2.2% | 1.7% | -1.3% | -0.3% | 3.0% |
| RINF Return (Price) | 1.3% | 1.6% | 9.8% | 0.2% | 8.8% | 16.2% | 2.0% | 1.8% | -0.8% | -1.7% | 4.2% |
| NAV +/- Price Ret | -0.157% | 0.064% | 0.034% | -0.814% | 0.066% | 0.003% | -0.090% | 6.0% | -39.4% | 474.8% | 39.1% |
| Nontraditional Bond Avg | 0.4% | 4.6% | 8.2% | 9.5% | -3.9% | 6.2% | 0.9% | 7.2% | -0.7% | 4.0% | 7.7% |
| RINF Grade (NAV) | C | F | B | F | A | A | B | F | C | F | F |
| +/- Category | 1.2% | -3.1% | 1.2% | -8.4% | 12.1% | 9.9% | 1.3% | -5.5% | -0.6% | -4.3% | -4.7% |
| Risk Measures | |
| Beta: | -0.98 |
| R-Squared: | 75% |
| Standard Deviation: | 6.3% |
| Category Risk Index: | 1.16 |
| Category Risk Rating: | High |
| Total Risk Index: | 0.52 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 3.7% |
| Total Assets: | $ 18 Mil |
| Share Class Assets: | $ 18 Mil |
| Turnover: | na |
| Expense Ratio: | 0.30% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 7.2 years | |||
| Average Tenure: 5.8 years | |||
| Managers (Year): Ilyasov Alexander (2019), Linneman James (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 7 |
| % in Top 10 Holdings: | 80.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | -0.6% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 19.1% |
| Cash: | 81.5% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | ProShares |
| Phone Number: | 866-776-5125 |
| Website: | www.proshares.com |
| Inception Date: | January 10, 2012 |
Expenses and Fees
| Expense Ratio (%): | 0.30% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 1.34% |
