Launch Roundup
First Trust listed six income ETFs at 0.85%, and the new fund flagged its own conflict
ProShares - Smart Materials ETF
$37.90−0.75 (−1.94%) past 5 days
Market opens at 9:30 AM ET.
- 0.58%
- $2M
- +18.4%
- 1.25%
- 0M sh
- $37.23
- low $30.96high $42.55
The ETF.net TINT Grade
C
Score 40 out of 100
- 13 of 21
Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 48
- This cap took
- −8
- Published Score
- 40
Cost
The fund’s net expense ratio, ranked against its category.B58 out of 100Rank 8 of 21Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 12 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D25 out of 100Rank 18 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 11 of 21
Our read on TINT
CA rare pure play on smart materials: roughly 30 global companies pulled from the Solactive Smart Materials Index. Launched in 2021, narrow by design, and one of the few tickers built around this corner of materials science.
ProShares Smart Materials ETF seeks pre-expense returns that track the Solactive Smart Materials Index. It normally invests at least 80% of assets in index components or economically similar instruments.
Why people hold it
- Concentration is the point. Roughly 30 global names means the theme actually shows up in the portfolio instead of getting diluted inside a 500-stock index.
- The theme is written into the documents, not left to a manager's mood: normally at least 80% of assets sit in components of the Solactive Smart Materials Index.
- Fee of 0.58% lands within a hair of the typical global thematic fund, even though the mandate covers a far narrower slice of the market.
- Index-tracking equity fund in a plain 1940 Act wrapper, with income paid on a quarterly schedule. No derivatives overlay, no leverage dial.
Worth knowing
- A small fund that trades lightly. Bid-ask spreads run wider than on a broad index ETF, and getting in or out in size is less forgiving.
- About 30 stocks in one narrow theme: single-company news lands hard, and a theme like this can sit out of favor for long stretches.
- On cost, broader global thematic options undercut it sharply. Invesco's KLMT runs 0.10% and IQSZ 0.19% against this fund's 0.58%.
TINT Holdings
- Stocks
- 31
- 53%
- Zeon Corp
Sectors
- Materials70.0%
- Technology18.7%
- Industrials7.4%
- Financials3.1%
- Health Care0.9%
Geography
- United States38.70%
- South Korea17.27%
- Japan11.64%
- Belgium10.80%
- France6.82%
- Switzerland5.48%
- Netherlands5.10%
- Canada4.19%
Developed 72% · Emerging 28%
TINT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
TINT$11,840
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TINT |
|---|---|
| Year to date | +12.6% |
| 1 month | −4.6% |
| 3 months | −3.5% |
| 1 year | +18.4% |
| 3 years | +8.5% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TINT |
|---|---|---|
| 2026 YTD | +12.6% | |
| 2025 | +16.1% | |
| 2024 | −13.4% | |
| 2023 | +20.0% | |
| 2022 | −30.0% | |
| 2021 | +4.6% |
TINT in the news
TINT Dividends
- 1.25%
- $0.46
- $0.04 per share
- Quarterly
Distribution history
TINT Risk
- 19.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.32
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −41.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.39
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TINT Cost
0.58%
TINT0.58%
- The middle half of Global Thematic funds
- Median 0.58%
7 of the 21 Global Thematic funds charge less.
Other funds in Global Thematic
- CGLAMCorgi ETF Trust I - Corgi Beauty, Skincare & Aesthetics ETFExpense ratio 0.35%1 year return —
- COPPGWisdomTree GeoAlpha Opportunities FundExpense ratio 0.58%1 year return —
- DCOPPSprott Copper Miners ETFExpense ratio 0.66%1 year return +50.3%
- DASDDefiance Autism Impact ETFExpense ratio 0.79%1 year return —
- DAWAYAmplify Travel Tech ETFExpense ratio 0.75%1 year return −20.7%