S&P Technology Dividend Aristocrats ETF - TDV S&P Technology Dividend Aristocrats ETF

ProShares S&P Technology Dividend Aristocrats ETF seeks investment results, before fees and expenses, that track the performance of the S&P® Technology Dividend Aristocrats® Index.

  • The only ETF focusing on the S&P Technology Dividend Aristocrats—well-established, technology-related companies that have consistently raised their dividends for at least seven years.††
  • TDV’s holdings are quality names that, as a group, generally have had stable earnings, solid fundamentals, and strong histories of profit and growth.
  • Learn more about the full lineup of ProShares Dividend Growers ETFs.
  • Download our brochure to see what makes dividend growth appealing to investors.
  • Read the latest Dividend Viewpoint for a current dividend scorecard and to learn about the source of the Dividend Aristocrats’ resilience in today’s markets.
  • Download S&P Dow Jones Indices’ The Case for Technology Dividend Growers for an in-depth analysis of the S&P Technology Dividend Aristocrats Index.

Index/Benchmark Summary

The index, constructed and maintained by S&P Dow Jones Indices LLC, targets companies from information technology, internet and direct marketing retail, interactive home entertainment, and interactive media and services segments of the economy. To be included in the index, a company must have increased dividend payments each year for at least seven years, and its shares must be listed on a U.S. national securities exchange and meet certain minimum liquidity and other requirements. The index contains a minimum of 25 stocks, which are equally weighted. If there are fewer than 25 stocks with at least seven consecutive years of dividend growth, the index will include companies with shorter dividend growth histories. The index is rebalanced each January, April, July and October, with an annual reconstitution during the January rebalance.

Fundamentals as of 3/31/20

Total Number of Companies 38
Price/Earnings Ratio 20.45
Price/Book Ratio 4.50
Dividend Yield (%) 2.37
Average Index Market Capitalization $112.42 billion

Index Holdings Information as of 12/31/19

Top 10 Index Companies Weight
AVX Corp. 3.46%
HP Inc. 3.32%
Microsoft Corp. 3.20%
Accenture PLC-Class A 3.19%
MKS Instruments Inc. 3.18%
Mastercard Inc.-Class A 3.16%
QUALCOMM Inc. 3.11%
CDK Global Inc. 3.08%
Badger Meter Inc. 3.08%
Cass Information Systems Inc. 3.08%

Index Holdings as of 12/31/19

Index Sector Weightings § Weight
Information Technology 94.61%
Communication Services 3.02%
Consumer Discretionary 2.38%

§ Sum of weightings may not equal 100% due to rounding.

†† If fewer than 25 stocks meet the criteria, the index may include companies with shorter dividend growth histories.