TINT vs. UPGR

Last updated Jul 14, 2026

TINT (ProShares Smart Materials ETF) and UPGR (Xtrackers US Green Infrastructure Select Equity ETF) are both Energy Equities funds - TINT tracks the Solactive Smart Materials Index - Benchmark TR Net while UPGR tracks the Solactive United States Green Infrastructure ESG Screened Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, TINT returned 5.30%/yr vs 1.26%/yr for UPGR. A 0.66 correlation means they provide meaningful diversification when combined. TINT charges 0.58%/yr vs 0.35%/yr for UPGR.

Performance

TINT vs. UPGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Smart Materials ETF (TINT) and Xtrackers US Green Infrastructure Select Equity ETF (UPGR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TINT achieves a 15.25% return, which is significantly higher than UPGR's 4.09% return.

TINT

• 1D: -1.25%
• 1M: -8.31%
• 6M: 9.28%
• YTD: 15.25%
• 1Y: 22.79%
• 3Y*: 5.30%
• 5Y*: —
• 10Y*: —

UPGR

• 1D: -2.63%
• 1M: -6.15%
• 6M: -3.70%
• YTD: 4.09%
• 1Y: 29.37%
• 3Y*: 1.26%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TINT vs. UPGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TINT ProShares Smart Materials ETF	15.25%	16.13%	-13.37%	0.79%
UPGR Xtrackers US Green Infrastructure Select Equity ETF	4.09%	35.25%	-14.72%	-15.29%

Correlation

The correlation between TINT and UPGR is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since Jul 13, 2023	0.66

The correlation between TINT and UPGR has been stable across timeframes, ranging from 0.62 to 0.66 - a consistent structural relationship.

TINT vs. UPGR - Sectors Allocation Comparison

Sectors	TINT	UPGR
Basic Materials	67.3%	9.7%
Technology	21.0%	3.7%
Industrials	7.0%	56.6%
Financial Services	3.9%	0.0%
Healthcare	0.8%	-
Communication Services	-	-
Consumer Cyclical	-	8.2%
Consumer Defensive	-	1.9%
Energy	-	11.1%
Real Estate	-	-
Utilities	-	8.6%

Return for Risk

TINT vs. UPGR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TINT

TINT Risk / Return Rank: 33
TINT Sharpe Ratio Rank: 32
TINT Sortino Ratio Rank: 32
TINT Omega Ratio Rank: 32
TINT Calmar Ratio Rank: 32
TINT Martin Ratio Rank: 36

UPGR

UPGR Risk / Return Rank: 34
UPGR Sharpe Ratio Rank: 31
UPGR Sortino Ratio Rank: 32
UPGR Omega Ratio Rank: 29
UPGR Calmar Ratio Rank: 43
UPGR Martin Ratio Rank: 33

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TINT vs. UPGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Smart Materials ETF (TINT) and Xtrackers US Green Infrastructure Select Equity ETF (UPGR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TINT	UPGR	Difference
Sharpe ratio: Return per unit of total volatility	0.93	0.91	+0.02
Sortino ratio: Return per unit of downside risk	1.44	1.40	+0.04
Omega ratio: Gain probability vs. loss probability	1.18	1.16	+0.02
Calmar ratio: Return relative to maximum drawdown	1.31	1.75	-0.44
Martin ratio: Return relative to average drawdown	4.38	3.88	+0.49

TINT vs. UPGR - Sharpe Ratio Comparison

The current TINT Sharpe Ratio is 0.93, which is comparable to the UPGR Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of TINT and UPGR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TINT vs. UPGR - Drawdown Comparison

The maximum TINT drawdown since its inception was -41.36%, smaller than the maximum UPGR drawdown of -46.60%. Use the drawdown chart below to compare losses from any high point for TINT and UPGR.

Drawdown Indicators

	TINT	UPGR	Difference
Max Drawdown Largest peak-to-trough decline	-41.36%	-46.60%	+5.24%
Max Drawdown (1Y) Largest decline over 1 year	-17.53%	-16.90%	-0.63%
Max Drawdown (3Y) Largest decline over 3 years	-30.42%	-46.60%	+16.18%
Current Drawdown Current decline from peak	-9.83%	-16.90%	+7.07%
Average Drawdown Average peak-to-trough decline	-20.78%	-20.16%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.22%	7.58%	-2.36%

Volatility

TINT vs. UPGR - Volatility Comparison

The current volatility for ProShares Smart Materials ETF (TINT) is 7.63%, while Xtrackers US Green Infrastructure Select Equity ETF (UPGR) has a volatility of 11.05%. This indicates that TINT experiences smaller price fluctuations and is considered to be less risky than UPGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TINT	UPGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.63%	11.05%	-3.42%
Volatility (6M) Calculated over the trailing 6-month period	21.32%	23.19%	-1.87%
Volatility (1Y) Calculated over the trailing 1-year period	24.53%	32.44%	-7.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.52%	30.99%	-7.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.52%	30.99%	-7.47%

TINT vs. UPGR - Expense Ratio Comparison

TINT has a 0.58% expense ratio, which is higher than UPGR's 0.35% expense ratio.

Dividends

TINT vs. UPGR - Dividend Comparison

TINT's dividend yield for the trailing twelve months is around 1.19%, more than UPGR's 0.31% yield.

Position	TTM	2025	2024	2023	2022
TINT ProShares Smart Materials ETF	1.19%	1.27%	1.47%	0.99%	1.36%
UPGR Xtrackers US Green Infrastructure Select Equity ETF	0.31%	0.39%	1.16%	0.32%	0.00%

Frequently Asked Questions

Can I hold both TINT and UPGR in my portfolio?

TINT and UPGR have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TINT or UPGR?

UPGR has higher volatility (11.05%) compared to TINT (7.63%). In terms of maximum drawdown, TINT dropped -41.36% vs UPGR's -46.60%.

Which ETF is better, TINT or UPGR?

On 3-year performance, TINT leads with 5.30% vs 1.26% for UPGR. On fees, UPGR is cheaper at 0.35% per year. On volatility, TINT has been the lower-risk option at 7.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TINT or UPGR?

Over the 3-year period, TINT has performed better with a 5.30% return vs 1.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TINT or UPGR?

UPGR is cheaper with a 0.35% expense ratio, compared with 0.58% for TINT.

Which ETF pays a higher dividend yield, TINT or UPGR?

TINT has the higher dividend yield at 1.19%, compared with 0.31% for UPGR.

What is the main difference between TINT and UPGR?

TINT tracks Solactive Smart Materials Index - Benchmark TR Net, while UPGR tracks Solactive United States Green Infrastructure ESG Screened Index - Benchmark TR Gross. They also come from different issuers: ProShares and Xtrackers. Their fees differ too: 0.58% for TINT and 0.35% for UPGR.

Which has better risk-adjusted returns?

TINT currently has the higher Sharpe Ratio (0.93 vs 0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.