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 6/29/18

Total Number of Companies 71
Price/Earnings Ratio 15.32
Price/Book Ratio 2.18
Dividend Yield *(%) 2.84
Average Index Market Capitalization $24.13 billion

Index Holdings Information as of 6/29/18

Top 10 Index Companies Weight
Godrej Consumer Products Ltd. 1.66%
China Resources Gas Group Ltd. 1.64%
Vanguard International Semiconductor Corp. 1.62%
ALFA SAB de CV 1.62%
Infosys Ltd. 1.62%
Grupo Aeroportuario del Pacifico SAB de CV 1.61%
Bajaj Finance Ltd. 1.59%
Bancolombia-Preferred 1.59%
Bancolombia 1.59%
Grupo Argos 1.55%
Index Country Weightings Weight
South Africa 20.20%
China 17.04%
India 15.12%
Taiwan 9.65%
Colombia 6.22%
Mexico 6.13%
Philippines 5.39%
Indonesia 4.40%
Turkey 2.87%
Korea 2.58%
Brazil 2.55%
Russia 2.33%
United Arab Emirates 1.42%
Hungary 1.38%
Thailand 1.36%
Malaysia 1.35%
Index Sector Weightings § Weight
Financials 29.97%
Information Technology 12.82%
Consumer Staples 12.77%
Industrials 11.46%
Real Estate 9.59%
Consumer Discretionary 5.48%
Energy 5.13%
Utilities 4.44%
Health Care 4.00%
Materials 2.97%
Telecommunication Services 1.36%
§ Sum of weightings may not equal 100% due to rounding.

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

†† 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.