RINF
ProShares Inflation Expectations ETF

Price: $30.44
Change: $0.1 (0.0%)
Last Updated:

Vitals

Issuer ProShares
Brand ProShares
Structure ETF
Expense Ratio 0.30%
ETF Home Page Home page
Inception Jan 10, 2012

Analyst Report

This ETF is designed to deliver a unique way for investors to protect their portfolios from the adverse impacts associated with an uptick in inflation. As such, RINF can be used in a number of different ways; it may have appeal as a core holding in long-term portfolios, or as a more tactical allocation when expectations for inflation increase.


This ETF should be viewed as an alternative to traditional TIPS, which are generally the default tool for protecting against inflation. Despite their popularity, there are some significant drawbacks with TIPS—specifically, they are bonds that can be impacted by changes in interest rates. Because rising interest rates often accompany jumps in inflation, the ability of this asset class to protect against rising prices may be limited.


RINF taks a unique approach; because it consists of long and short positions in assets with approximately equal durations, the interest rate component is removed. That essentially isolates inflation expectations as the source of returns; if the market’s expectations for inflation rise, TIPS will outperform otherwise comparable Treasuries and RINF will appreciate.


This is a relatively complex ETF, and may not be appropriate for all investors. But if you’re interested in making a bet on increasing expectations for inflation, RINF offers a unique way to isolate these risk factors.

ETF Database Themes

Asset Class Bond
Region (General) North America
Region (Specific) U.S.
Bond Type(s) TIPS
Bond Duration Long-Term

FactSet Classifications

  • Segment Alternatives: Spreads Inflation
  • Category Tactical Tools
  • Focus Spreads
  • Niche Inflation
  • Strategy Duration Hedged
  • Weighting Scheme Duration

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $25.17
  • 52 Week Hi $30.67
  • AUM $40.0 M
  • Shares 1.3 M

Historical Trading Data

  • 1 Month Avg. Volume 15,287
  • 3 Month Avg. Volume 12,459

Alternative ETFs in the ETF Database Inflation-Protected Bonds Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SCHP 0.05% $20.8 B 3 M 3.99%
Largest (AUM) TIP 0.19% $34.7 B 4 M 3.79%
Most Liquid (Volume) TIP 0.19% $34.7 B 4 M 3.79%
Top YTD Performer LQDI 0.18% $60.9 M 19,798 5.88%

Alternative ETFs in the FactSet Alternatives: Spreads Inflation Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest PFIX 0.50% $114.3 M 58,662 N/A
Largest (AUM) PFIX 0.50% $114.3 M 58,662 N/A
Most Liquid (Volume) PFIX 0.50% $114.3 M 58,662 N/A
Top YTD Performer PFIX 0.50% $114.3 M 58,662 N/A

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

RINF ETF Database Category Average FactSet Segment Average
Number of Holdings 2 32 2
% of Assets in Top 10 100.00% 63.82% 100.00%
% of Assets in Top 15 100.00% 77.16% 100.00%
% of Assets in Top 50 100.00% 96.77% 100.00%

Size Comparison

RINF ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

RINF Valuation

This section compares the P/E ratio of this ETF to its peers.

RINF
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
N/A
FactSet Segment Average
P/E Ratio
N/A

RINF Dividend

This section compares the dividend yield of this ETF to its peers.

RINF ETF Database Category Average FactSet Segment Average
Dividend $ 0.46 $ 0.25 $ 0.23
Dividend Date 2021-09-22 N/A N/A
Annual Dividend Rate $ 0.82 $ 1.88 $ 0.41
Annual Dividend Yield 2.70% 3.53% 1.35%

RINF Price and Volume Chart

RINF Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 909.6 K 1 Month Net Flows: 2.09 M 3 Month Net Flows: -4.42 M 6 Month Net Flows: 17.15 M 1 Year Net Flows: 28.77 M 3 Year Net Flows: 24.38 M 5 Year Net Flows: 37 M 10 Year Net Flows: 37.9 M

RINF Price vs Flows AUM Influence

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for RINF on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Inflation-Protected Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B n/a
Expenses A- n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

RINF Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

RINF
Expense Ratio
0.30%
ETF Database Category Average
Expense Ratio
0.22%
FactSet Segment Average
Expense Ratio
0.40%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

RINF does not have an ESG score. There are no ESG themes that map to this ETF.

RINF Performance

This section shows how this ETF has performed relative to its peers.

RINF ETF Database
Category Average
Factset Segment
Average
1 Month Return 5.62% 0.20% 6.07%
3 Month Return 7.00% 1.20% 5.41%
YTD Return 14.71% 4.26% 7.36%
1 Year Return 19.17% 6.67% 9.59%
3 Year Return 10.33% 21.59% 5.17%
5 Year Return 21.90% 16.81% 10.95%

Geographic Exposure

The following charts reflect the geographic spread of RINF's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of RINF's underlying holdings.

Asset Percentage
Sovereign 70.75%
CASH 29.25%
Bond Sector Percentage
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Asset Percentage
Sovereign 70.75%
CASH 29.25%

RINF Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility
40.85%
Rank
1 of 17

20 Day Volatility
9.60%
Rank
3 of 17

50 Day Volatility
10.45%
Rank
2 of 17

200 Day Volatility
13.27%
Rank
1 of 17

Beta
0.5
Rank
1 of 16

Standard Deviation
1.41%
Rank
5 of 17

Technicals

  • 20 Day MA $29.89
  • 60 Day MA $29.36
  • MACD 15 Period 0.33
  • MACD 100 Period 1.12
  • Williams % Range 10 Day 30.15
  • Williams % Range 20 Day 11.73
  • RSI 10 Day 65
  • RSI 20 Day 62
  • RSI 30 Day 59
  • Ultimate Oscillator 50

Bollinger Bands

  • Lower Bollinger (10 Day) $29.97
  • Upper Bollinger (10 Day) $30.66
  • Lower Bollinger (20 Day) $28.86
  • Upper Bollinger (20 Day) $30.91
  • Lower Bollinger (30 Day) $28.56
  • Upper Bollinger (30 Day) $30.74

Support & Resistance

  • Support Level 1 n/a
  • Support Level 2 $30.32
  • Resistance Level 1 n/a
  • Resistance Level 2 $30.51

Stochastic

  • Stochastic Oscillator %D (1 Day) 56.02
  • Stochastic Oscillator %D (5 Day) 62.08
  • Stochastic Oscillator %K (1 Day) 49.53
  • Stochastic Oscillator %K (5 Day) 68.38

Financial Advisor Report

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Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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