diff --git a/futures-util/src/stream/futures_unordered/iter.rs b/futures-util/src/stream/futures_unordered/iter.rs
index f8d7321c15..3adb7ea154 100644
--- a/futures-util/src/stream/futures_unordered/iter.rs
+++ b/futures-util/src/stream/futures_unordered/iter.rs
@@ -18,13 +18,17 @@ pub struct IterMut<'a, Fut: Unpin>(pub(super) IterPinMut<'a, Fut>);
 
 #[derive(Debug)]
 /// Immutable iterator over all futures in the unordered set.
-pub struct Iter<'a, Fut: Unpin> {
+pub struct IterPinRef<'a, Fut> {
     pub(super) task: *const Task<Fut>,
     pub(super) len: usize,
     pub(super) pending_next_all: *mut Task<Fut>,
     pub(super) _marker: PhantomData<&'a FuturesUnordered<Fut>>,
 }
 
+#[derive(Debug)]
+/// Immutable iterator over all the futures in the unordered set.
+pub struct Iter<'a, Fut: Unpin>(pub(super) IterPinRef<'a, Fut>);
+
 #[derive(Debug)]
 /// Owned iterator over all futures in the unordered set.
 pub struct IntoIter<Fut: Unpin> {
@@ -109,10 +113,10 @@ impl<'a, Fut: Unpin> Iterator for IterMut<'a, Fut> {
 
 impl<Fut: Unpin> ExactSizeIterator for IterMut<'_, Fut> {}
 
-impl<'a, Fut: Unpin> Iterator for Iter<'a, Fut> {
-    type Item = &'a Fut;
+impl<'a, Fut: Unpin> Iterator for IterPinRef<'a, Fut> {
+    type Item = Pin<&'a Fut>;
 
-    fn next(&mut self) -> Option<&'a Fut> {
+    fn next(&mut self) -> Option<Pin<&'a Fut>> {
         if self.task.is_null() {
             return None;
         }
@@ -127,7 +131,7 @@ impl<'a, Fut: Unpin> Iterator for Iter<'a, Fut> {
             let next = (*self.task).spin_next_all(self.pending_next_all, Relaxed);
             self.task = next;
             self.len -= 1;
-            Some(future)
+            Some(Pin::new_unchecked(future))
         }
     }
 
@@ -136,6 +140,20 @@ impl<'a, Fut: Unpin> Iterator for Iter<'a, Fut> {
     }
 }
 
+impl<Fut: Unpin> ExactSizeIterator for IterPinRef<'_, Fut> {}
+
+impl<'a, Fut: Unpin> Iterator for Iter<'a, Fut> {
+    type Item = &'a Fut;
+
+    fn next(&mut self) -> Option<&'a Fut> {
+        self.0.next().map(Pin::get_ref)
+    }
+
+    fn size_hint(&self) -> (usize, Option<usize>) {
+        self.0.size_hint()
+    }
+}
+
 impl<Fut: Unpin> ExactSizeIterator for Iter<'_, Fut> {}
 
 // SAFETY: we do nothing thread-local and there is no interior mutability,
@@ -146,5 +164,5 @@ unsafe impl<Fut: Sync> Sync for IterPinMut<'_, Fut> {}
 unsafe impl<Fut: Send + Unpin> Send for IntoIter<Fut> {}
 unsafe impl<Fut: Sync + Unpin> Sync for IntoIter<Fut> {}
 
-unsafe impl<Fut: Send + Unpin> Send for Iter<'_, Fut> {}
-unsafe impl<Fut: Sync + Unpin> Sync for Iter<'_, Fut> {}
+unsafe impl<Fut: Send + Unpin> Send for IterPinRef<'_, Fut> {}
+unsafe impl<Fut: Sync + Unpin> Sync for IterPinRef<'_, Fut> {}
diff --git a/futures-util/src/stream/futures_unordered/mod.rs b/futures-util/src/stream/futures_unordered/mod.rs
index 7a404cc202..4534eff408 100644
--- a/futures-util/src/stream/futures_unordered/mod.rs
+++ b/futures-util/src/stream/futures_unordered/mod.rs
@@ -22,7 +22,7 @@ use futures_task::{FutureObj, LocalFutureObj, LocalSpawn, Spawn, SpawnError};
 mod abort;
 
 mod iter;
-pub use self::iter::{IntoIter, Iter, IterMut, IterPinMut};
+pub use self::iter::{IntoIter, Iter, IterMut, IterPinMut, IterPinRef};
 
 mod task;
 use self::task::Task;
@@ -190,10 +190,7 @@ impl<Fut> FuturesUnordered<Fut> {
     where
         Fut: Unpin,
     {
-        let (task, len) = self.atomic_load_head_and_len_all();
-        let pending_next_all = self.pending_next_all();
-
-        Iter { task, len, pending_next_all, _marker: PhantomData }
+        Iter(Pin::new(self).iter_pin_ref())
     }
 
     /// Returns an iterator that allows modifying each future in the set.
@@ -204,6 +201,14 @@ impl<Fut> FuturesUnordered<Fut> {
         IterMut(Pin::new(self).iter_pin_mut())
     }
 
+    /// Returns an iterator that allows inspecting each future in the set.
+    pub fn iter_pin_ref(self: Pin<&Self>) -> IterPinRef<'_, Fut> {
+        let (task, len) = self.atomic_load_head_and_len_all();
+        let pending_next_all = self.pending_next_all();
+
+        IterPinRef { task, len, pending_next_all, _marker: PhantomData }
+    }
+
     /// Returns an iterator that allows modifying each future in the set.
     pub fn iter_pin_mut(mut self: Pin<&mut Self>) -> IterPinMut<'_, Fut> {
         // `head_all` can be accessed directly and we don't need to spin on
diff --git a/futures/tests/auto_traits.rs b/futures/tests/auto_traits.rs
index 2f302012bb..881f6b3620 100644
--- a/futures/tests/auto_traits.rs
+++ b/futures/tests/auto_traits.rs
@@ -1822,6 +1822,12 @@ pub mod stream {
     assert_not_impl!(futures_unordered::IterPinMut<*const ()>: Sync);
     assert_impl!(futures_unordered::IterPinMut<PhantomPinned>: Unpin);
 
+    assert_impl!(futures_unordered::IterPinRef<()>: Send);
+    assert_not_impl!(futures_unordered::IterPinRef<*const ()>: Send);
+    assert_impl!(futures_unordered::IterPinRef<()>: Sync);
+    assert_not_impl!(futures_unordered::IterPinRef<*const ()>: Sync);
+    assert_impl!(futures_unordered::IterPinRef<PhantomPinned>: Unpin);
+
     assert_impl!(futures_unordered::IntoIter<()>: Send);
     assert_not_impl!(futures_unordered::IntoIter<*const ()>: Send);
     assert_impl!(futures_unordered::IntoIter<()>: Sync);