What this ETF is trying to do

The PROSHARES NANOTECHNOLOGY ETF (TINY) is an exchange-traded fund designed to provide exposure to the nanotechnology sector. This means the fund invests in companies involved in very small-scale science and technology.

What the numbers show

The data shows significant growth in the share price over different time periods.

• Year-to-Date (YTD): The price return is approximately 54.07%.

• One Year: The price return is approximately 55.28%.

• Three Years: The price return is approximately 135.63%.

It is important to distinguish between price return and total return. Price return only measures how much the share price changed. Total return includes both the price change and any distributions (cash payments) made to investors.

For this ETF, the total returns are slightly higher than the price returns:

• YTD Total Return: Approximately 54.08%.

• One Year Total Return: Approximately 55.46%.

• Three Year Total Return: Approximately 136.82%.

Based on an estimated price from roughly one year ago of $52.81, the current price is $82.00.

Income and distribution explanation

This ETF provides some income through distributions. The distribution yield is approximately 0.08%. This number describes the cash distributions relative to the ETF's current price.

The distribution frequency is described as "irregular" or "less frequent," with a payout count of 2 over the last 12 months. Because the frequency is irregular, investors should not expect a steady monthly check.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes be a sign of erosion, they are not the same thing.

The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion. However, the fund has an erosion-risk score of 100, which is labeled as "No price erosion detected," and the erosion severity is rated as "good." There is no severe erosion-risk flag for this ETF.

Top Holdings

The following are the top holdings in the portfolio (note that this is a partial list):

• Bruker Corp (7.60%)

• Screen Holdings Co Ltd (5.97%)

• ASML Holding NV (5.31%)

• Applied Materials Inc (5.26%)

• Lam Research Corp (5.26%)

• Nikon Corp (5.04%)

• Taiwan Semiconductor Manufacturing Co Ltd (4.81%)

• NVIDIA Corp (4.70%)

• Veeco Instruments Inc (4.30%)

• Cabot Corp (4.29%)

Holdings can change over time. This data was updated on October 7, 2026.

Pros

• The ETF has shown strong positive price returns over the one-year and three-year periods.

• The erosion-risk score indicates no price erosion has been detected.

Cons

• The distribution frequency is irregular, which may not suit investors looking for steady income.

• The distribution yield is relatively low at 0.08%.

Beginner takeaway

The TINY ETF focuses on the nanotechnology industry and has experienced significant price growth recently. While it pays distributions, they are infrequent. Investors should remember that a high price return is different from total return, and while the share price has grown, the data provided does not specifically confirm or rule out NAV erosion.