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 12/31/18

Total Number of Companies 83
Price/Earnings Ratio 16.70
Price/Book Ratio 2.40
Dividend Yield *(%) 2.78
Average Index Market Capitalization $21.98 billion

Index Holdings Information as of 12/31/18

Top 10 Index Companies Weight
PT Indofood CBP Sukses Makmur Tbk 1.43%
Godrej Consumer Products Ltd. 1.38%
Grupo Aeroportuario del Pacifico SAB de CV-Class B 1.37%
SPAR Group Ltd. 1.35%
Turkiye Sise Ve Cam Fabrikalari AS 1.35%
Bajaj Finance Ltd. 1.34%
Alfa Corp. 1.33%
Tencent Holdings Ltd. 1.32%
PT Unilever Indonesia Tbk 1.32%
China Gas Holdings Ltd. 1.31%
Index Country Weightings Weight
China 28.11%
South Africa 17.88%
India 17.52%
Mexico 6.53%
Philippines 5.97%
Indonesia 5.23%
Turkey 2.63%
Thailand 2.40%
Malaysia 2.38%
Taiwan 2.36%
Colombia 2.34%
Russia 2.10%
Hungary 1.18%
Brazil 1.16%
United Arab Emirates 1.12%
Korea 1.10%
Index Sector Weightings § Weight
Financials 25.21%
Real Estate 16.80%
Consumer Staples 16.48%
Industrials 10.02%
Health Care 8.73%
Consumer Discretionary 6.02%
Information Technology 5.92%
Utilities 3.85%
Materials 3.69%
Energy 3.29%
§ Sum of weightings may not equal 100% due to rounding.

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

†† 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.