TINT vs. ETEC ETF Comparison
Comparison of ProShares Smart Materials ETF (TINT) to iShares Breakthrough Environmental Solutions ETF (ETEC)
TINT
ProShares Smart Materials ETF
TINT Description
ProShares Smart Materials ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on making or applying industrial innovations which allow for improved products, processes, or techniques through advanced, responsive, or intelligent materials sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Solactive Smart Materials Index, by using full replication technique. ProShares Smart Materials ETF was formed on October 26, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$31.94
Average Daily Volume
96
16
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.Grade (RS Rating)
Last Trade
$20.63
Average Daily Volume
433
11
Performance
Period | TINT | ETEC |
---|---|---|
30 Days | -5.45% | -9.76% |
60 Days | -3.15% | 0.57% |
90 Days | 1.93% | 5.79% |
12 Months | 10.69% | 3.50% |
1 Overlapping Holdings
Symbol | Grade | Weight in TINT | Weight in ETEC | Overlap | |
---|---|---|---|---|---|
OLED | F | 5.77% | 5.69% | 5.69% |
TINT: Top Represented Industries & Keywords
ETEC: Top Represented Industries & Keywords