RINF ProShares Inflation Expectations ETF

*Unless otherwise stated, data provided by FactSet.

RINF Fund Description

RINF tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS.

RINF Factset Analytics Insight

RINF provides investors with a way to gain from increases in the market’s expectation of inflation. All else equal, Treasury yields will rise relative to TIPS (Treasury inflation-protected securities) yields when market participants expect more inflation. Since yields and returns move inversely, RINF goes long TIPS and short Treasurys of similar maturity to capture this spread. One key facet of this approach is that it only gains when the spread changes — when the market changes its mind. It provides no gains whatsoever if the market’s expectation of inflation stays the same, and it will lose if spreads tighten. Still, such an approach would presumably hold some appeal in an era of extremely loose monetary policy. Prior to Apr. 18, 2016 RINF tracked the Credit Suisse 30-Year Inflation Breakeven Index under the name ProShares 30 Year TIPS/TSY Spread. The index change is not expected to have a material impact on the investment objective.

PERFORMANCE [as of 09/26/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
RINF -3.59% -2.86% 5.70% 11.51% 9.66% 5.62% -0.41%
RINF (NAV) -3.00% -2.50% 6.26% 12.04% 10.00% 5.69% -0.27%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

RINF Summary Data

ProShares
01/10/12
Open-Ended Fund
0.30%
$70.27M
0.24%

RINF Portfolio Data

1.03%
12/22/22

RINF Index Data

FTSE 30-Year TIPS (Treasury Rate-Hedged) Index
Duration
Fixed
N/A

RINF Fund Structure

Yes
No
-- / --
N/A
N/A
Low
N/A
N/A

RINF Tax Exposures

20.00% / 39.60%
--
No

RINF Factset Analytics Block Liquidity

As of 09/27/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of RINF. RINF is rated a 5 out of 5.

RINF Tradability

29,258
$942.20K
23,761
$788.83K
0.24%
$0.08
0.03%
1.46% / -1.27%
None
100.00%
10,000
2.38
0.09%
--
5
$32.41
5