TDV

S&P Technology Dividend Aristocrats ETF

Why Invest in TDV?

  • 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.

Why Invest in TDV?

  • 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.

Performance

Growth of $10,000

Chart data from Thomson Reuters. Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded. Data is delayed at least 15 minutes.

Total Return

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
TDV Market Price 2.61% -3.31% -6.53% -11.74% 2.46% -- -- -- 17.63% 11/05/2019
TDV NAV 2.46% -3.22% -6.21% -11.68% 2.48% -- -- -- 17.63% 11/05/2019
S&P Technology Dividend Aristocrats Index 2.51% -3.12% -6.00% -11.53% 2.97% -- -- -- 18.16% --

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker TDV
  • Intraday Ticker TDV.IV
  • CUSIP 74347G606
  • Inception Date 11/5/19
  • Unitary Expense Ratio 0.45%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 5/31/2022
  • SEC 30-Day Yield 1.47%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

Price
as of 6/29/2022
  • NAV $53.88
  • NAV Change $-0.37 down caret
  • Market Price $53.90
  • Market Price Change $-0.37 down caret
  • Trading Volume (M) 12,812
  • 30-Day Median Bid Ask Spread 0.14%
  • View Premium / Discount
Snapshot
  • Ticker TDV
  • Intraday Ticker TDV.IV
  • CUSIP 74347G606
  • Inception Date 11/5/19
  • Unitary Expense Ratio 0.45%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 5/31/2022
  • SEC 30-Day Yield 1.47%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

Price
as of 6/29/2022
  • NAV $53.88
  • NAV Change $-0.37 down caret
  • Market Price $53.90
  • Market Price Change $-0.37 down caret
  • Trading Volume (M) 12,812
  • 30-Day Median Bid Ask Spread 0.14%
  • View Premium / Discount

Exposures

Index as of 3/31/2022 and Fund as of 6/29/2022

Holdings

as of 6/29/2022

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts
3.04% LFUS LITTELFUSE INC -- $3,112,741.24 12,203
3.01% AVT AVNET INC -- $3,076,725.04 73,064
2.87% IBM INTL BUSINESS MACHINES CORP -- $2,937,461.96 20,876
2.79% ATVI ACTIVISION BLIZZARD INC -- $2,852,712.32 36,592
2.63% GLW CORNING INC -- $2,696,800.68 83,286
2.63% DLB DOLBY LABORATORIES INC-CL A -- $2,693,527.95 37,055
2.62% KLAC KLA CORP -- $2,678,682.92 8,356
2.62% QCOM QUALCOMM INC -- $2,678,570.64 20,568
2.61% BR BROADRIDGE FINANCIAL SOLUTIO -- $2,672,612.86 18,574
2.58% V VISA INC-CLASS A SHARES -- $2,644,971.00 13,258
2.57% ADI ANALOG DEVICES INC -- $2,634,513.03 17,889
2.57% ADP AUTOMATIC DATA PROCESSING -- $2,632,853.52 12,408
2.57% BMI BADGER METER INC -- $2,630,702.34 32,991
2.57% CSGS CSG SYSTEMS INTL INC -- $2,626,823.88 44,178
2.56% MSFT MICROSOFT CORP -- $2,623,941.32 10,082
2.55% JKHY JACK HENRY & ASSOCIATES INC -- $2,606,137.20 14,310
2.51% TEL TE CONNECTIVITY LTD -- $2,573,214.66 22,794
2.50% APH AMPHENOL CORP-CL A -- $2,562,247.85 39,805
2.50% POWI POWER INTEGRATIONS INC -- $2,562,205.57 33,977
2.50% LRCX LAM RESEARCH CORP -- $2,559,737.70 5,994
2.50% MSI MOTOROLA SOLUTIONS INC -- $2,555,350.32 12,184
2.49% CDW CDW CORP/DE -- $2,550,146.56 16,132
2.49% MA MASTERCARD INC - A -- $2,549,751.36 7,904
2.44% ACN ACCENTURE PLC-CL A -- $2,496,464.82 8,922
2.43% ORCL ORACLE CORP -- $2,488,999.23 35,963
2.41% WU WESTERN UNION CO -- $2,466,361.65 148,845
2.41% HPQ HP INC -- $2,464,453.25 73,325
2.40% TXN TEXAS INSTRUMENTS INC -- $2,458,688.54 16,093
2.37% MCHP MICROCHIP TECHNOLOGY INC -- $2,423,935.80 41,756
2.35% AAPL APPLE INC -- $2,403,666.72 17,264
2.34% NTAP NETAPP INC -- $2,396,359.04 36,664
2.32% PAYX PAYCHEX INC -- $2,374,983.15 20,679
2.31% AVGO BROADCOM INC -- $2,369,170.71 4,831
2.29% CASS CASS INFORMATION SYSTEMS INC -- $2,340,045.40 69,748
2.28% CSCO CISCO SYSTEMS INC -- $2,335,159.04 54,458
2.28% INTU INTUIT INC -- $2,334,453.06 5,991
2.26% PETS PETMED EXPRESS INC -- $2,313,833.65 112,705
2.22% NATI NATIONAL INSTRUMENTS CORP -- $2,270,380.71 72,007
2.19% SWKS SKYWORKS SOLUTIONS INC -- $2,243,586.87 23,901
2.19% INTC INTEL CORP -- $2,237,586.45 60,005
-- -- NET OTHER ASSETS (LIABILITIES) -- $233,211.89 233,212

Index

as of 3/31/2022

  • Total Number of Companies40
  • Price/Earnings Ratio22.37
  • Price/Book Ratio5.8
  • Dividend Yield ( % )1.86
  • Avg. Index Market Capitalization$210.05 billion
About the Index

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.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

Dividend Aristocrats Viewpoint Research & Insights

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For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. This ProShares ETF is non-diversified and entails certain risks, including imperfect benchmark correlation and market price variance, that may decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

Technology companies may be subject to intense competition, product obsolescence, general economic conditions and government regulation and may have limited product lines, markets, financial resources or personnel.

Investments in smaller companies typically exhibit higher volatility. Small- and mid-cap companies may have limited product lines or resources, may be dependent upon a particular market niche and may have greater fluctuations in price than the stocks of larger companies. Small- and mid-cap companies may lack the financial and personnel resources to handle economic or industry-wide setbacks and, as a result, such setbacks could have a greater effect on small- and mid-cap security prices.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

The "S&P® Technology Dividend Aristocrats® Index" is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. "S&P®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "Dow Jones®" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ProShares have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability. ProShares based on the S&P Technology Dividend Aristocrats Index are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

Sources: ProShares; April 2020; Global Market Insights (pet industry $ size), February, 2021; U.S. Bureau of Economic Analysis, Federal Reserve Bank of St. Louis (August 2020); Chewy SEC Filings, April 2020; Chewy Q1 Letter to Shareholders; June 2020; Freshpet.com, 2020; IDEXX, 2020.

Any forward-looking statements herein are based on expectations of ProShares at this time. Whether or not actual results and developments will conform to ProShares’ expectations and predictions, however, is subject to a number of risks and uncertainties, including general economic, market and business conditions, changes in laws or regulations or other actions made by governmental authorities or regulatory bodies, and other world economic and political developments. ProShares undertakes no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investing involves risk, including the possible loss of principal. This ProShares ETF is non-diversified and entails certain risks, including imperfect benchmark correlation and market price variance, that may decrease performance. Investments in smaller companies typically exhibit higher volatility. Smaller company stocks also may trade at greater spreads or lower trading volumes, and may be less liquid than stocks of larger companies. The fund is subject to the risks faced by companies in the pet care industry. Although the pet care industry has historically seen steady growth and has been resilient to economic downturns, these trends may not continue or may reverse. Please see the summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

The "FactSet Pet Care Index" and "FactSet" are trademarks of FactSet Research Systems Inc. and have been licensed for use by ProShares. ProShares have not been passed on by these entities or their affiliates as to their legality or suitability. ProShares based on the FactSet Pet Care Index are not sponsored, endorsed, sold, or promoted by FactSet Research Systems Inc., and it makes no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES. FactSet Research Systems Inc. does not guarantee the accuracy and/or the completeness of the FactSet Pet Care Index or any data included therein, and FactSet Research Systems Inc. shall have no liability for any errors, omissions, or interruptions therein.

ProShares ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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