Key stats
About ProShares Russell US Dividend Growers ETF
Home page
Inception date
Nov 5, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US74347G5071
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.
Related funds
Classification
What's in the fund
Exposure type
Finance
Consumer Non-Durables
Utilities
Process Industries
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TMDV trades at 47.06 USD today, its price has fallen −0.78% in the past 24 hours. Track more dynamics on TMDV price chart.
TMDV net asset value is 46.74 today — it's fallen 2.00% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TMDV assets under management is 4.24 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TMDV price has fallen by −2.67% over the last month, and its yearly performance shows a −7.12% decrease. See more dynamics on TMDV price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.00% over the last month, showed a −0.66% decrease in three-month performance and has decreased by −4.62% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.00% over the last month, showed a −0.66% decrease in three-month performance and has decreased by −4.62% in a year.
TMDV fund flows account for −2.98 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TMDV invests in stocks. See more details in our Analysis section.
TMDV expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TMDV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TMDV technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TMDV shows the sell signal. See more of TMDV technicals for a more comprehensive analysis.
Today, TMDV technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TMDV shows the sell signal. See more of TMDV technicals for a more comprehensive analysis.
Yes, TMDV pays dividends to its holders with the dividend yield of 2.81%.
TMDV trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TMDV shares are issued by ProShare Advisors LLC
TMDV follows the Russell 3000 Dividend Elite Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 5, 2019.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.