TMDV

Russell U.S. Dividend Growers ETF

Why Invest in TMDV?

  • The only total market ETF focusing on the Russell 3000® Dividend Elite Index—a rare breed of U.S. companies that have raised their dividends for at least 35 consecutive years.

  • TMDV’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 TMDV?

  • The only total market ETF focusing on the Russell 3000® Dividend Elite Index—a rare breed of U.S. companies that have raised their dividends for at least 35 consecutive years.

  • TMDV’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 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.

Total Return

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
TMDV Market Price -2.48% 9.70% -3.62% -2.48% -2.45% 5.91% -- -- 5.70% 11/05/2019
TMDV NAV -2.62% 9.60% -3.80% -2.62% -2.57% 5.97% -- -- 5.68% 11/05/2019
Russell 3000® Dividend Elite Index -2.59% 9.72% -3.65% -2.59% -2.26% 6.35% -- -- 6.11% --

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 TMDV
  • Intraday Ticker TMDV.IV
  • CUSIP 74347G507
  • Inception Date 11/5/19
  • Expense Ratio 0.35%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 1/31/2024
  • Number of Companies --
  • Price/Earnings Ratio --
  • Price/Book Ratio --

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Distribution Yield --

    Distribution Yield represents the annualized yield based on the last income distribution.

  • Weighted Avg. Market Cap --

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

  • SEC 30-Day Yield 2.58%

    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.

  • Weighted Average Yield to
    Maturity
    --
  • Net Effective Duration --
Price
as of 2/22/2024
  • NAV $46.52
  • NAV Change $+0.21 up caret
  • Market Price $46.51
  • Market Price Change $+0.23 up caret
  • Trading Volume (M) 223
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount
Snapshot
  • Ticker TMDV
  • Intraday Ticker TMDV.IV
  • CUSIP 74347G507
  • Inception Date 11/5/19
  • Unitary Expense Ratio 0.35%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 1/31/2024
  • Number of Companies --
  • Price/Earnings Ratio --
  • Price/Book Ratio --

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Distribution Yield --

    Distribution Yield represents the annualized yield based on the last income distribution.

  • Weighted Avg. Market Cap --

    Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.

  • SEC 30-Day Yield 2.58%

    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.

  • Weighted Average Yield to Maturity --
  • Net Effective Duration --
Price
as of 2/22/2024
  • NAV $46.52
  • NAV Change $+0.21 up caret
  • Market Price $46.51
  • Market Price Change $+0.23 up caret
  • Trading Volume (M) 223
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount

Exposures

Index as of 12/29/2023 and Fund as of 2/22/2024

Holdings

as of 2/22/2024

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
1.85% CSL CARLISLE COS INC -- $154,552.68 438 2176318
1.77% GWW WW GRAINGER INC -- $148,517.90 155 2380863
1.75% EMR EMERSON ELECTRIC CO -- $146,142.52 1,388 2313405
1.73% LANC LANCASTER COLONY CORP -- $144,581.85 747 2503206
1.71% NDSN NORDSON CORP -- $143,293.04 524 2641838
1.71% DOV DOVER CORP -- $143,184.24 878 2278407
1.70% ABT ABBOTT LABORATORIES -- $142,228.90 1,195 2002305
1.69% WMT WALMART INC -- $141,906.69 809 2936921
1.69% SHW SHERWIN-WILLIAMS CO/THE -- $141,714.04 442 2804211
1.69% LOW LOWE'S COS INC -- $141,302.63 613 2536763
1.67% TGT TARGET CORP -- $140,116.88 932 2259101
1.66% SCL STEPAN CO -- $138,612.24 1,506 2845005
1.65% SYY SYSCO CORP -- $138,356.80 1,720 2868165
1.63% CL COLGATE-PALMOLIVE CO -- $136,826.00 1,591 2209106
1.63% NUE NUCOR CORP -- $136,814.45 733 2651086
1.63% CINF CINCINNATI FINANCIAL CORP -- $136,662.09 1,219 2196888
1.63% ADP AUTOMATIC DATA PROCESSING -- $136,551.36 536 2065308
1.62% GPC GENUINE PARTS CO -- $135,891.60 930 2367480
1.62% UGI UGI CORP -- $135,761.40 5,580 2910118
1.62% RLI RLI CORP -- $135,633.96 932 2719070
1.62% TROW T ROWE PRICE GROUP INC -- $135,519.80 1,222 2702337
1.61% RPM RPM INTERNATIONAL INC -- $134,920.34 1,201 2756174
1.61% CVX CHEVRON CORP -- $134,757.81 867 2838555
1.59% NWN NORTHWEST NATURAL HOLDING CO -- $133,474.32 3,357 BFNR303
1.59% CLX CLOROX COMPANY -- $133,219.80 873 2204026
1.59% MDT MEDTRONIC PLC -- $133,033.84 1,564 BTN1Y11
1.58% BEN FRANKLIN RESOURCES INC -- $132,481.20 4,885 2350684
1.58% ITW ILLINOIS TOOL WORKS -- $131,921.70 510 2457552
1.57% PG PROCTER & GAMBLE CO/THE -- $131,498.64 819 2704407
1.56% KO COCA-COLA CO/THE -- $130,677.55 2,137 2206657
1.56% CBSH COMMERCE BANCSHARES INC -- $130,444.80 2,528 2213204
1.55% SPGI S&P GLOBAL INC -- $130,130.78 299 BYV2325
1.55% WBA WALGREENS BOOTS ALLIANCE INC -- $129,894.54 6,022 BTN1Y44
1.55% MCD MCDONALD'S CORP -- $129,612.96 438 2550707
1.54% SON SONOCO PRODUCTS CO -- $128,988.79 2,239 2821395
1.53% MKC MCCORMICK & CO-NON VTG SHRS -- $128,462.05 1,895 2550161
1.53% BDX BECTON DICKINSON AND CO -- $127,900.50 525 2087807
1.52% FUL H.B. FULLER CO. -- $127,651.48 1,628 2354664
1.52% MSA MSA SAFETY INC -- $127,407.30 709 BKM4S16
1.51% FRT FEDERAL REALTY INVS TRUST -- $126,848.00 1,280 BN7P9B2
1.51% JNJ JOHNSON & JOHNSON -- $126,595.05 789 2475833
1.50% ATO ATMOS ENERGY CORP -- $125,723.19 1,101 2315359
1.50% PPG PPG INDUSTRIES INC -- $125,457.50 875 2698470
1.49% PEP PEPSICO INC -- $124,841.50 742 2681511
1.49% UBSI UNITED BANKSHARES INC -- $124,623.72 3,627 2905794
1.48% UHT UNIVERSAL HEALTH RLTY INCOME -- $124,266.00 2,980 2927497
1.46% KMB KIMBERLY-CLARK CORP -- $122,260.50 1,010 2491839
1.46% BKH BLACK HILLS CORP -- $122,200.20 2,341 2101741
1.46% ORI OLD REPUBLIC INTL CORP -- $122,049.00 4,260 2659109
1.44% HRL HORMEL FOODS CORP -- $120,968.60 3,995 2437264
1.44% BF/B BROWN-FORMAN CORP-CLASS B -- $120,785.98 2,089 2146838
1.44% AFL AFLAC INC -- $120,749.40 1,516 2026361
1.43% ED CONSOLIDATED EDISON INC -- $119,909.24 1,364 2216850
1.43% NFG NATIONAL FUEL GAS CO -- $119,580.30 2,430 2626103
1.42% ABM ABM INDUSTRIES INC -- $119,332.74 2,967 2024901
1.41% SWK STANLEY BLACK & DECKER INC -- $118,197.11 1,333 B3Q2FJ4
1.38% MMM 3M CO -- $115,748.65 1,255 2595708
1.36% AWR AMERICAN STATES WATER CO -- $113,756.62 1,541 2267171
1.35% CWT CALIFORNIA WATER SERVICE GRP -- $113,180.06 2,422 2165383
1.30% SJW SJW GROUP -- $108,680.24 1,868 2811932
1.28% LEG LEGGETT & PLATT INC -- $107,274.24 5,238 2510682
1.28% UVV UNIVERSAL CORP/VA -- $107,189.76 2,176 2923804
1.27% APD AIR PRODUCTS & CHEMICALS INC -- $106,490.00 460 2011602
1.17% MSEX MIDDLESEX WATER CO -- $97,587.12 1,896 2589466
1.07% ADM ARCHER-DANIELS-MIDLAND CO -- $89,517.90 1,667 2047317
-- -- NET OTHER ASSETS (LIABILITIES) -- $20,341.14 20,341 --

Index

as of 12/29/2023

  • Total Number of Companies65
  • Price/Earnings Ratio19.671
  • Price/Book Ratio2.783
  • Dividend Yield ( % )2.85
  • Avg. Index Market Capitalization$61.79 billion
About the Index

The index, constructed and maintained by FTSE International Limited, targets companies that are currently members of the Russell 3000 Index, which represents approximately 98% of the investable U.S. equity market, have increased dividend payments each year for at least 35 years, and meet certain liquidity requirements. The index contains a minimum of 40 stocks which are equally weighted. No single sector is allowed to make up more than 30% of the index weight. If there are fewer than 40 stocks with at least 35 consecutive years of dividend growth, the index will include companies with shorter dividend growth histories. If the 30% sector cap is breached, companies in the applicable sector are removed, beginning with companies with the lowest dividend yield and shortest history of dividend growth, and progressively moving to companies with higher yields, as necessary. Only the top 85% of the Russell 3000 constituents, based on 20-day average dollar trading volume, are eligible for inclusion in the index. The index is rebalanced each March, June, September and December, with an annual reconstitution during the June rebalance.

Distributions

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

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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 capital gain 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 subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see their summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

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 "Russell 3000® Dividend Elite Index" and "Russell®" are trademarks of Russell Investment Group ("Russell") and have been licensed for use by ProShares. ProShares have not been passed on by Russell as to their legality or suitability. ProShares based on the Russell 3000 Dividend Elite Index are not sponsored, endorsed, sold, or promoted by Russell, 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.

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