TMDV ETF — Holdings & Analysis

The ProShares Russell U.S. Dividend Growers ETF (TMDV) seeks to track companies with a history of increasing dividend payments.

With an expense ratio of 0.35%, TMDV aims to replicate the Russell 3000 Index, focusing on firms that have raised dividends for at least 35 consecutive years. The fund has approximately $0.00B in assets under management and offers exposure to dividend-growing companies, primarily within the United States, making it a potentially attractive option for investors seeking stable dividend income.

ProShares - Russell U.S. Dividend Growers ETF (TMDV) ETF — Price, Holdings & Analysis

The ProShares Russell U.S. Dividend Growers ETF (TMDV) seeks to track companies with a history of increasing dividend payments. With an expense ratio of 0.35%, TMDV aims to replicate the Russell 3000 Index, focusing on firms that have raised dividends for at least 35 consecutive years. The fund has approximately $0.00B in assets under management and offers exposure to dividend-growing companies, primarily within the United States, making it a potentially attractive option for investors seeking stable dividend income.

ETF Overview

The index, constructed and maintained by FTSE International Limited, targets companies that are currently members of the Russell 3000 Index, have increased dividend payments each year for at least 35 years, and meet certain liquidity requirements. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities.

TMDV aims to provide exposure to U.S. companies with a long track record of increasing dividend payments. The fund tracks an index that selects companies from the Russell 3000 Index that have increased their dividend payments for at least 35 consecutive years. This strategy results in a portfolio of 64 holdings, with significant allocations to the Consumer Defensive (25.4%), Industrials (16.6%), and Financial Services (14.1%) sectors. Top holdings include Gorman-Rupp Co (1.94%), Sonoco Products Co (1.90%), and Colgate-Palmolive Co (1.77%). TMDV is designed for investors seeking exposure to companies with a proven commitment to returning capital to shareholders through consistent dividend growth. The fund's focus on dividend growers differentiates it from broader market ETFs and those focused on high dividend yields, potentially offering a more stable income stream.

Risk Metrics

TMDV presents several risks to consider. The fund's focus on dividend growers can lead to concentration risk, as seen in its top sector allocations, with Consumer Defensive, Industrials, and Financial Services comprising a significant portion of the portfolio. The fund's beta of 0.72 indicates lower volatility compared to the overall market, but it may underperform during periods of strong market growth. The expense ratio of 0.35% will create a drag on returns, reducing the net return to investors over time. While the fund targets companies with stable dividend growth, there is no guarantee that these companies will maintain their dividend policies in the future. Investors should also consider the potential impact of interest rate changes on dividend-paying stocks.

Expense Ratio

0.35%

What does TMDV hold?

Holding	Weight
Gorman-Rupp Co (GRC)	1.94%
Sonoco Products Co (SON)	1.90%
Colgate-Palmolive Co (CL)	1.77%
Sysco Corp (SYY)	1.74%
Chevron Corp (CVX)	1.74%
Target Corp (TGT)	1.72%
Johnson & Johnson (JNJ)	1.72%
Nordson Corp (NDSN)	1.72%
PPG Industries Inc (PPG)	1.70%
Carlisle Companies Inc (CSL)	1.70%

How Is the Fund Allocated?

Sector	Weight
Consumer Defensive	25.4%
Industrials	16.6%
Financial Services	14.1%
Utilities	12.1%
Basic Materials	10.9%
Consumer Cyclical	6.2%
Healthcare	5.6%
Real Estate	4.7%
Energy	3.3%
Technology	1.1%

Country	Weight
United States	98.3%
Ireland	1.3%
Other	0.4%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

ProShares - Ultra Health Care (RXL) (Equity) — 1.07% expense ratio
ProShares - Online Retail ETF (ONLN) (Equity) — 0.58% expense ratio
ProShares - DJ Brookfield Global Infrastructure ETF (TOLZ) (Equity) — 0.46% expense ratio
ProShares - UltraShort Yen (YCS) (Alternatives) — 0.95% expense ratio
ProShares - Ultra Nasdaq Cloud Computing (SKYU) (Equity) — 5.04% expense ratio
ProShares - S&P 500 Dividend Aristocrats ETF (NOBL) (Equity) — 0.35% expense ratio

Risk Metrics

Beta: 0.72

Questions & Answers

What is TMDV and what does it track?

TMDV, or the ProShares Russell U.S. Dividend Growers ETF, is an exchange-traded fund that aims to track the performance of the Russell U.S. Dividend Growers Index.

This index is composed of companies within the Russell 3000 Index that have increased their dividend payments for at least 35 consecutive years.

What is the expense ratio for TMDV?

The expense ratio for TMDV is 0.35%. This means that for every $10,000 invested in the fund, $35 is used to cover the fund's operating expenses.

While this impacts overall returns, it is important to consider the fund's investment strategy and potential benefits. The expense ratio is lower than some actively managed dividend ETFs, but higher than the average expense ratio for passively managed large-cap equity ETFs.

What are the top holdings in TMDV?

As of 2026-03-15, the top holdings in TMDV include Gorman-Rupp Co, with a weight of 1.94%, Sonoco Products Co at 1.90%, and Colgate-Palmolive Co at 1.77%.

Sysco Corp and Chevron Corp are also prominent holdings, each with a weight of 1.74%. These companies represent a significant portion of the fund's portfolio and reflect its focus on established, dividend-paying businesses.

Is TMDV a good long-term investment?

TMDV's suitability as a long-term investment depends on an individual's investment goals and risk tolerance. The fund focuses on companies with a long history of increasing dividends, which can provide a stable income stream and potential for capital appreciation.

However, past performance does not guarantee future results.

How does TMDV compare to similar ETFs?

TMDV distinguishes itself through its focus on companies with a minimum of 35 years of consecutive dividend increases. Compared to other dividend ETFs, TMDV may have a lower dividend yield but potentially offers more stable dividend growth.

Its expense ratio of 0.35% is competitive within the dividend ETF landscape.

Does TMDV pay dividends?

Yes, TMDV is designed to invest in companies that consistently pay dividends. However, as of 2026-03-15, the dividend yield is reported as 0.00%. This may be due to reporting lags or specific market conditions.

Investors should consult the fund's official website or fact sheet for the most up-to-date dividend yield information.