Key stats
About ProShares Russell US Dividend Growers ETF
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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.
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
Finance
Consumer Non-Durables
Utilities
Process Industries
Stocks99.63%
Finance18.46%
Consumer Non-Durables16.49%
Utilities12.37%
Process Industries12.21%
Producer Manufacturing7.62%
Health Technology6.29%
Distribution Services6.21%
Retail Trade4.59%
Energy Minerals3.19%
Consumer Durables3.10%
Commercial Services2.98%
Electronic Technology1.58%
Technology Services1.56%
Consumer Services1.52%
Non-Energy Minerals1.44%
Bonds, Cash & Other0.37%
Cash0.37%
Stock breakdown by region
North America98.39%
Europe1.61%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TMDV invests in stocks. The fund's major sectors are Finance, with 18.46% stocks, and Consumer Non-Durables, with 16.49% of the basket. The assets are mostly located in the North America region.
TMDV top holdings are Gorman-Rupp Company and Abbott Laboratories, occupying 1.65% and 1.62% of the portfolio correspondingly.
TMDV last dividends amounted to 0.31 USD. The quarter before, the issuer paid 0.26 USD in dividends, which shows a 16.40% increase.
TMDV assets under management is 4.33 M USD. It's fallen 3.21% over the last month.
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.
Yes, TMDV pays dividends to its holders with the dividend yield of 2.72%. The last dividend (Jul 1, 2025) amounted to 0.31 USD. The dividends are paid quarterly.
TMDV shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Nov 5, 2019, and its management style is Passive.
TMDV expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
TMDV follows the Russell 3000 Dividend Elite Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TMDV invests in stocks.
TMDV price has fallen by −2.14% over the last month, and its yearly performance shows a −4.68% decrease. See more dynamics on TMDV price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.61% over the last month, showed a 2.48% increase in three-month performance and has decreased by −1.57% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −3.61% over the last month, showed a 2.48% increase in three-month performance and has decreased by −1.57% in a year.
TMDV trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.