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TINY - ETF AI Analysis
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ProShares Nanotechnology ETF (TINY)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Lam Research and ACM Research, have delivered strong year-to-date performance, boosting the ETF's returns.
Technology Sector Focus
With over 70% exposure to the technology sector, the ETF benefits from the growth potential of innovative industries like nanotechnology.
Healthy Year-to-Date Performance
The ETF has shown solid year-to-date performance, indicating strong momentum in its holdings.
Negative Factors
High Sector Concentration
The ETF is heavily concentrated in the technology sector, making it vulnerable to downturns in this industry.
Limited Geographic Diversification
With over 65% of its exposure in U.S. companies, the ETF has limited protection against risks in the domestic market.
Relatively High Expense Ratio
The ETF charges a higher expense ratio compared to some other funds, which could reduce overall returns for investors.
TINY vs. SPDR S&P 500 ETF (SPY)
AUM5.78M
RegionDeveloped Markets
Expense Ratio0.58%
Beta1.69
IssuerProShares
Inception DateOct 26, 2021
Dividend Yield0.17%
Asset ClassEquity
Index TrackedSolactive Nanotechnology Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume365
30 Day Avg. Volume459
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
59.16Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TINY Summary
The ProShares Nanotechnology ETF (TINY) is an investment fund that focuses on companies advancing nanotechnology, a field that designs materials and devices at the atomic level. It follows the Solactive Nanotechnology Index and includes well-known companies like Nvidia and Lam Research. This ETF is ideal for investors interested in cutting-edge technology and diversification in industries like healthcare, electronics, and materials science. However, new investors should be aware that its performance is closely tied to the technology sector, which can be volatile.
How much will it cost me?The ProShares Nanotechnology ETF (TINY) has an expense ratio of 0.58%, meaning you’ll pay $5.80 per year for every $1,000 invested. This cost is higher than average because the ETF is actively managed, focusing on a specialized theme like nanotechnology, which requires more research and expertise to curate the portfolio.
What would affect this ETF?The ProShares Nanotechnology ETF (TINY) could benefit from growing demand for nanotechnology innovations across industries like healthcare, electronics, and materials, as well as advancements in its top holdings such as Nvidia and TSMC. However, it may face challenges from regulatory hurdles, economic slowdowns in developed markets, or reduced investment in technology sectors due to rising interest rates. Investors should consider these factors when evaluating the ETF's potential performance.
TINY Top 10 Holdings
The ProShares Nanotechnology ETF (TINY) is heavily tilted toward the technology sector, with standout contributions from Lam Research and Applied Materials, both riding a wave of strong financial performance and bullish sentiment tied to advancements in AI and semiconductor technologies. ASML Holding and TSMC add global flavor to the fund, benefiting from their leadership in chip manufacturing, though concerns about high valuations linger. On the flip side, Bruker and Cabot are holding the fund back, with Bruker facing operational challenges and Cabot grappling with macroeconomic pressures. Overall, TINY is a tech-heavy bet on the future of nanotechnology innovation.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Onto Innovation | 5.48% | $320.34K | $8.84B | -4.87% | 82 Outperform | |
| Bruker | 5.47% | $319.86K | $7.97B | -13.66% | 63 Neutral | |
| Lam Research | 5.18% | $303.00K | $252.41B | 169.20% | 77 Outperform | |
| JGC | 5.12% | $299.75K | ¥516.59B | 31.02% | 65 Neutral | |
| Applied Materials | 5.03% | $294.54K | $223.32B | 64.08% | 77 Outperform | |
| Axcelis Technologies | 4.69% | $274.60K | $2.76B | 29.44% | 78 Outperform | |
| ASML Holding NV | 4.66% | $272.68K | €413.15B | 48.58% | 76 Outperform | |
| ACM Research | 4.61% | $269.75K | $3.19B | 214.92% | 72 Outperform | |
| SCREEN Holdings Co | 4.33% | $253.13K | ¥1.44T | 29.22% | 77 Outperform | |
| Entegris | 4.29% | $251.08K | $15.14B | 0.94% | 66 Neutral |
TINY Technical Analysis
Positive
―
Price Trends
52.64
Positive
50.57
Positive
45.69
Positive
Market Momentum
1.43
Negative
67.66
Neutral
95.20
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TINY, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 54.20, equal to the 50-day MA of 52.64, and equal to the 200-day MA of 45.69, indicating a bullish trend. The MACD of 1.43 indicates Negative momentum. The RSI at 67.66 is Neutral, neither overbought nor oversold. The STOCH value of 95.20 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TINY.
TINY Peer Comparison
Comparison Results
Performance Comparison
TINY
ProShares Nanotechnology ETF
57.66
12.56
27.85%
AGNG
Global X Aging Population ETF
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WISE
Themes Generative Artificial Intelligence ETF
―
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FOWF
Pacer Solactive Whitney Future of Warfare ETF
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EFRA
iShares Environmental Infrastructure and Industrials ETF
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―
―
WDNA
WisdomTree BioRevolution Fund
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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