TINT vs. ABEQ ETF Comparison

Comparison of ProShares Smart Materials ETF (TINT) to Absolute Core Strategy ETF (ABEQ)
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

Number of Holdings *

16

* may have additional holdings in another (foreign) market
ABEQ

Absolute Core Strategy ETF

ABEQ Description The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.58

Average Daily Volume

5,960

Number of Holdings *

17

* may have additional holdings in another (foreign) market
Performance
Period TINT ABEQ
30 Days -5.45% -0.37%
60 Days -3.15% -0.45%
90 Days 1.93% 4.45%
12 Months 10.69% 20.82%
2 Overlapping Holdings
Symbol Grade Weight in TINT Weight in ABEQ Overlap
DD D 5.21% 4.14% 4.14%
MRK F 3.69% 2.76% 2.76%
TINT Overweight 14 Positions Relative to ABEQ
Symbol Grade Weight
GLW A 6.81%
MMM D 6.33%
OLED F 5.77%
CBT B 5.3%
AXTA A 5.14%
LPL F 4.44%
HXL F 4.44%
PPG F 4.41%
HUN F 4.33%
AMAT F 4.08%
CC F 3.05%
CSTM F 1.77%
NGVT C 1.31%
HIMX D 1.21%
TINT Underweight 15 Positions Relative to ABEQ
Symbol Grade Weight
BRK.A D -11.15%
UL D -6.64%
L C -6.33%
MDT B -4.6%
TRV B -3.76%
CMCSA A -3.6%
EOG D -3.27%
CSCO B -3.18%
CTVA A -2.99%
IFF D -2.59%
EQC C -1.94%
DEO F -1.92%
CME B -1.23%
VZ D -0.98%
HSY F -0.97%
Compare ETFs