MSCI Emerging Markets Dividend Growers ETF - EMDV MSCI Emerging Markets Dividend Growers ETF

ProShares MSCI Emerging Markets Dividend Growers ETF seeks investment results, before fees and expenses, that track the performance of the MSCI Emerging Markets Dividend Masters Index.

  • The only ETF that focuses exclusively on companies in the MSCI Emerging Markets Index that have grown dividends for at least seven consecutive years.††
  • Historically, emerging markets companies that grew their dividends outperformed those that didn't.
  • EMDV is part of the largest suite of ETFs focused on dividend growers, covering U.S. and international markets.
  • Learn more about ProShares Dividend Growers ETFs.
  • Watch "Not All Dividend Strategies Are Created Equal."

Index/Benchmark Summary

The index targets companies that are currently members of the MSCI Emerging Markets Index and have increased dividend payments each year for at least seven years. The index contains a minimum of 40 stocks, which are equally weighted. No single sector is allowed to compose more than 30% of an index's weight, and no single country is allowed to compose more than 50% of the index weight. If there are fewer than 40 stocks with at least seven consecutive years of dividend growth, or if sector or country caps are breached, the index will include companies with shorter dividend growth histories. The index is rebalanced each February, May, August and November, with an annual reconstitution during the November rebalance.

Fundamentals as of 12/29/17

Total Number of Companies 71
Price/Earnings Ratio 17.21
Price/Book Ratio 2.44
Dividend Yield *(%) 2.57
Average Index Market Capitalization $24.72 billion

Index Holdings Information as of 12/29/17

Top 10 Index Companies Weight
The Foschini Group Ltd. 1.98%
FirstRand Ltd. 1.85%
Barclays Africa Group Ltd. 1.84%
RMB Holdings Ltd. 1.81%
Nedbank Group Ltd. 1.81%
Tiger Brands Ltd. 1.74%
Discovery Holdings 1.72%
Sanlam Ltd. 1.71%
Netcare Ltd. 1.68%
Capitec Bank Holdings Ltd. 1.67%
Index Country Weightings Weight
South Africa 25.26%
China 15.91%
India 13.52%
Taiwan 9.22%
Mexico 5.48%
Colombia 5.47%
Philippines 5.41%
Indonesia 4.28%
Turkey 2.87%
Brazil 2.63%
Korea 2.54%
Russia 2.03%
Hungary 1.45%
Malaysia 1.38%
United Arab Emirates 1.29%
Thailand 1.27%
Index Sector Weightings § Weight
Financials 31.44%
Consumer Staples 13.26%
Information Technology 11.47%
Industrials 11.12%
Real Estate 9.83%
Consumer Discretionary 5.95%
Energy 4.70%
Health Care 4.34%
Utilities 3.87%
Materials 2.69%
Telecommunication Services 1.33%
§ Sum of weightings may not equal 100% due to rounding.

Index Currency Exposures Weight
Mexican Peso 3.53%
Colombian Peso 5.41%
Hong Kong Dollar 20.51%
Russian Ruble 2.72%
Thai Baht 3.35%
Taiwan Dollar 8.90%
Malaysian Ringgit 1.81%
Turkish Lira 3.24%
Korean Won 4.68%
Qatari Riyal 1.70%
Indonesian Rupiah 5.63%
United Arab Emirates Dirham 1.91%
South African Rand 14.14%
Brazilian Real 1.62%
Indian Rupee 18.76%
US Dollar 2.10%

†† If there are not enough stocks meeting dividend growth requirements, or if sector or country caps are breached, the index will include companies with shorter dividend growth histories.

Source: Ned Davis Research analysis of companies underlying the MSCI Emerging Markets Index, a leading emerging markets index. Data is from June 30, 1996 through December 31, 2015.