ETF Evaluator:
ProShares Smart Materials ETF ()
Follow This ETF
(as of Aug 24)
Best Performing in Natural Resources Over the Last Year
| 88.7% | Global X Copper Miners ETF (COPX) |
| 83.8% | Themes Copper Miners ETF (COPA) |
| 82.3% | Sprott Copper Miners ETF (COPP) |
| 81.2% | Sprott Junior Copper Miners ETF (COPJ) |
| 76.4% | iShares Copper and Metals Mining ETF (ICOP) |
Risk
Index
Risk
Index
ETF Details
ProShares Smart Materials ETF Overview
ProShares Smart Materials ETF (TINT) is a passively managed Sector Equity Natural Resources exchange-traded fund (ETF). ProShares launched the ETF in 2021.
The investment seeks investment results, before fees and expenses, that track the performance of the Solactive Smart Materials 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 companies that have business operations in the field of smart materials. Under normal circumstances, it will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
About ProShares Smart Materials ETF (TINT)
There are 2 members of the management team with an average tenure of 4.07 years: Alexander Ilyasov (2021) and Eric Silverthorne (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P Global 1200 TR index with a weighting of 100% and Solactive Smart Materials USD index with a weighting of 100%. ProShares Smart Materials ETF has 38 securities in its portfolio. The top 10 holdings constitute 53.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
ProShares Smart Materials ETF is part of the Equity global asset class and is within the Sector Equity ETF group. ProShares Smart Materials ETF has 59.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 40.3% There is 59.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). ProShares Smart Materials ETF has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $1 billion average for the Natural Resources 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.
TINT 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 Smart Materials ETF expense ratio is average compared to funds in the Natural Resources category. ProShares Smart Materials ETF has an expense ratio of 0.58%, which is 10% higher than its category average, making the fund expense ratio grade a C. 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 Smart Materials ETF has a portfolio turnover rate of 53%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 41% for the Natural Resources category.
Recently, in the month of July 2026, ProShares Smart Materials ETF returned -2.7%, which earned it a grade of D, as the Natural Resources category had an average return of -2.2%. 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 Smart Materials ETF has a trailing yield of 1.17%, which is below the 2.30% category average.
The fund normally distributes its income quarterly and its capital gains annually.
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 Smart Materials ETF Grades
Year to date, the ETF has returned 16.5%, 10.0 percentage points better than the category, which translates into a grade of A. The fund has returned 26.4% over the past year (grade of C) and 5.1% over the past three years (grade of D).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about ProShares Smart Materials ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
TINT Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TINT Return (NAV) | -2.7% | -2.4% | 26.4% | 5.1% | na | na |
| TINT Return (Price) | -4.1% | -3.6% | 21.5% | 4.8% | na | na |
| NAV +/- Price Return | 1.463% | 1.207% | 4.866% | 0.337% | na | na |
| Natural Resources Avg | -2.2% | -9.2% | 33.5% | 9.8% | 7.4% | 10.4% |
| TINT Grade (NAV) | D | B | C | D | na | na |
| +/- Category (NAV) | -0.5% | 6.8% | -7.1% | -4.7% | na | na |
| TINT Tax-Cost Ratio | na | na | 0.5% | 0.4% | na | na |
TINT Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TINT Return (NAV) | 16.5% | 15.9% | -13.2% | 20.1% | -30.0% | na | na | na | na | na | na |
| TINT Return (Price) | 16.7% | 15.1% | -13.4% | 20.0% | -30.0% | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.013% | -0.050% | 0.015% | -0.000% | 0.001% | na | na | na | na | na | na |
| Natural Resources Avg | 6.5% | 43.5% | -6.0% | 9.9% | -7.3% | 30.1% | 22.9% | 18.4% | -16.7% | 25.1% | 28.4% |
| TINT Grade (NAV) | A | D | D | B | F | na | na | na | na | na | na |
| +/- Category | 10.0% | -27.6% | -7.2% | 10.2% | -22.6% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 1.39 |
| R-Squared: | 75% |
| Standard Deviation: | 20.2% |
| Category Risk Index: | 0.84 |
| Category Risk Rating: | Average |
| Total Risk Index: | 1.65 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 1.2% |
| Total Assets: | $ 2 Mil |
| Share Class Assets: | $ 2 Mil |
| Turnover: | 53.0% |
| Expense Ratio: | 0.58% |
| Index Fund: | Yes |
| Index Tracked: | S&P Global 1200 TR |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 4.8 years | |||
| Average Tenure: 4.1 years | |||
| Managers (Year): Ilyasov Alexander (2021), Silverthorne Eric (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 38 |
| % in Top 10 Holdings: | 53.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 59.3% |
Portfolio Allocation |
|
| Domestic Stock: | 40.3% |
| Foreign Stock: | 59.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | ProShares |
| Phone Number: | 866-776-5125 |
| Website: | www.proshares.com |
| Inception Date: | October 26, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.58% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.53% |
