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ProShares Inflation Expectations ETF

RINF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 10 2012
Expense Ratio
0.30%
Type
US Bonds
Fund Owner
ProShares
Volume (1m avg. daily)
$248,102
AUM
$31,018,444
Associated Index
Citi 30-Year TIPS (Treasury Rate-Hedged) Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
Net Other Assets (Liabilities)
100.00%
n/a
Derivatives offset
-243.33%
Invest with RINF

What is RINF?

ProShares Inflation Expectations ETF seeks investment results, before fees and expenses, that track the performance of the Citi 30-Year TIPS (Treasury Rate-Hedged) Index. The Citi 30-Year TIPS (Treasury Rate-Hedged) Index tracks the performance of long positions in the most recently issued 30-year Treasury Inflation-Protected Securities (TIPS) and duration-adjusted short positions in U.S. Treasury bonds of, in aggregate, approximate equivalent duration to the TIPS. The index seeks to achieve an overall effective duration of zero. The difference in yield (or spread) between these bonds (Treasury yield minus TIPS yield) is commonly referred to as a breakeven rate of inflation.

ETFs related toRINF

ETFs correlated to RINF include TMV, TBT, TTT

RINF
ProShares Trust - ProShares Inflation Expectations ETF
TMV
Direxion Shares ETF Trust - Direxion Daily 20+ Year Treasury Bear -3X Shares
TBT
Invesco Capital Management LLC - PowerShares UltraShort Lehman 20+ Year Treasury ProShares 2x Shares
TTT
ProShares Trust - ProShares UltraPro Short 20+ Year Treasury -3x Shares
TBF
ProShares Trust - ProShares Short 20+ Year Treasury -1x Shares
PFIX
Simplify Exchange Traded Funds - Simplify Interest Rate Hedge ETF
PST
Invesco Capital Management LLC - PowerShares UltraShort Lehman 7-10 + Year Treasury ProShares -2X Sh
TBX
ProShares Trust - ProShares Short 7-10 Year Treasury -1x Shares
DBMF
Manager Directed Portfolios - iMGP DBi Managed Futures Strategy ETF
IAK
BlackRock Institutional Trust Company N.A. - iShares U.S. Insurance ETF
KIE
SPDR Series Trust - SPDR S&P Insurance ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toRINF

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with RINF using Composer

FAQ

RINF is a US Bonds ETF. ProShares Inflation Expectations ETF seeks investment results, before fees and expenses, that track the performance of the Citi 30-Year TIPS (Treasury Rate-Hedged) Index. The Citi 30-Year TIPS (Treasury Rate-Hedged) Index tracks the performance of long positions in the most recently issued 30-year Treasury Inflation-Protected Securities (TIPS) and duration-adjusted short positions in U.S. Treasury bonds of, in aggregate, approximate equivalent duration to the TIPS. The index seeks to achieve an overall effective duration of zero. The difference in yield (or spread) between these bonds (Treasury yield minus TIPS yield) is commonly referred to as a breakeven rate of inflation.

RINF tracks the Citi 30-Year TIPS (Treasury Rate-Hedged) Index.

No, RINF is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, RINF is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RINF is 0.0151%. This is the percent change in the value of RINF over the most recent 1-month period. The 3-month return on RINF is 0.0552%. This is the percent change in the value of RINF over the most recent 3-month period.

The standard deviation of RINF for the past year is 0.1608%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RINF include VTIP, STIP, and TIP.

ETFs correlated to RINF include TMV, TBT, and TTT.

ETFs that are inversely correlated to RINF include CVRD, UNIY, and EDV.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.