Key stats
About ProShares Russell US Dividend Growers ETF
Expense ratio
0.35%
Home page
Inception date
Nov 5, 2019
TMDV builds on ProShares lineup of dividend growers ETFs by providing a total market approach. The fund tracks an index that selects minimum of 40 stocks only from the Russell 3000 Index that have increased their dividends for at least 35 consecutive years, then equal-weights those holdings. If there are fewer than 40 stocks meeting the criteria, the index will include companies with shorter dividend growth histories. Equal-weighting causes the fund to deviate from overweighting traditional dividend-paying sectors. A cap of 30% is placed on each sector. If at a quarterly rebalance, a sector cap is breached, companies in the applicable sector are removed beginning with the lowest yield. The index is reconstituted annually during the June rebalance.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Non-Durables
Finance
Utilities
Process Industries
Stocks99.77%
Consumer Non-Durables17.17%
Finance15.23%
Utilities12.49%
Process Industries11.96%
Producer Manufacturing7.94%
Distribution Services6.17%
Retail Trade5.92%
Health Technology5.76%
Consumer Durables4.47%
Energy Minerals3.37%
Commercial Services3.13%
Electronic Technology1.56%
Technology Services1.50%
Consumer Services1.45%
Non-Energy Minerals1.42%
Health Services0.27%
Bonds, Cash & Other0.23%
Cash0.23%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history