TMDV - ETF AI Analysis
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ProShares Russell US Dividend Growers ETF (TMDV)
Rating:70Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has delivered strong gains so far this year and in recent months, showing positive momentum.
Broad Sector Diversification
Holdings are spread across many sectors like consumer defensive, industrials, financials, and utilities, which helps reduce the impact of weakness in any single area.
Several Strong Top Holdings
A number of the largest positions, including companies in water utilities and materials, have shown strong performance, supporting the fund’s overall results.
Negative Factors
Mixed Performance Among Top Holdings
Some key holdings, including well-known names in health care and insurance, have recently lagged, which can drag on the ETF’s returns.
High U.S. Market Concentration
Almost all assets are invested in U.S. companies, offering little geographic diversification if the U.S. market faces a downturn.
Moderate Expense Ratio
The fund’s fee is not especially low for an ETF, which slightly reduces the net return investors keep over time.
TMDV vs. SPDR S&P 500 ETF (SPY)
AUM4.64M
RegionNorth America
Expense Ratio0.35%
Beta0.48
IssuerProShares
Inception DateNov 05, 2019
Dividend Yield2.52%
Asset ClassEquity
Index TrackedRussell 3000 Dividend Elite Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume14
30 Day Avg. Volume80
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
58.47Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering65
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TMDV Summary
ProShares Russell US Dividend Growers ETF (TMDV) is an exchange-traded fund that follows the Russell 3000 Dividend Elite Index, focusing on U.S. companies that not only pay dividends but have a history of steadily increasing them. It holds a mix of businesses across many sectors, including consumer defensive, industrials, and utilities. Well-known companies in the fund include Abbott Laboratories and Archer Daniels Midland. Investors might consider TMDV for a combination of potential income and long-term growth from stable, dividend-growing companies. A key risk is that the ETF’s value can go up and down with the overall stock market.
How much will it cost me?The ProShares Russell US Dividend Growers ETF (TMDV) has an expense ratio of 0.35%, meaning you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed to focus on companies with a strong track record of growing dividends. The higher cost reflects the specialized strategy and research involved in selecting these financially robust companies.
What would affect this ETF?The ProShares Russell US Dividend Growers ETF (TMDV) could benefit from stable economic growth and low interest rates, as these conditions often support dividend-paying companies and their ability to grow payouts. Its focus on sectors like Consumer Defensive and Utilities may provide resilience during economic downturns. However, rising interest rates or economic slowdowns could negatively impact dividend growth and investor demand for income-focused investments. Additionally, regulatory changes or sector-specific challenges in industries like Utilities or Financials could pose risks.
TMDV Top 10 Holdings
TMDV is powered by a very U.S.-centric mix of steady dividend growers, with industrials and consumer names quietly steering the ship. Target has been the surprise engine, rising strongly this year and giving the fund a nice retail tailwind, while Nordson and Stanley Black & Decker add industrial muscle with solid, rising trends. Genuine Parts and MSA Safety are more steady contributors, helping smooth out bumps. On the softer side, Abbott and Becton Dickinson have been lagging a bit, so health care isn’t pulling its full weight, but overall the fund leans on durable, cash-generating businesses rather than flashy growth stories.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Genuine Parts Company | 1.99% | $92.37K | $18.43B | -5.38% | 69 Neutral | |
| Becton Dickinson | 1.84% | $85.37K | $48.44B | -4.81% | 67 Neutral | |
| Automatic Data Processing | 1.81% | $83.97K | $106.57B | -8.60% | 70 Outperform | |
| Target | 1.79% | $83.06K | $70.79B | 73.22% | 70 Neutral | |
| Stepan Company | 1.77% | $82.07K | $1.40B | 27.98% | 66 Neutral | |
| Chevron | 1.76% | $81.56K | $422.93B | 36.25% | 71 Outperform | |
| MSA Safety | 1.74% | $80.89K | $7.03B | 7.63% | 75 Outperform | |
| Abbott Laboratories | 1.73% | $80.54K | $176.41B | -23.76% | 73 Outperform | |
| Medtronic | 1.73% | $80.23K | $116.35B | -3.26% | 80 Outperform | |
| American States Water | 1.72% | $79.82K | $3.43B | 18.27% | 70 Outperform |
TMDV Technical Analysis
Neutral
―
Price Trends
52.82
Negative
51.16
Positive
49.88
Positive
Market Momentum
-0.36
Positive
35.41
Neutral
5.68
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TMDV, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 52.96, equal to the 50-day MA of 52.82, and equal to the 200-day MA of 49.88, indicating a neutral trend. The MACD of -0.36 indicates Positive momentum. The RSI at 35.41 is Neutral, neither overbought nor oversold. The STOCH value of 5.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TMDV.
TMDV Peer Comparison
Comparison Results
Performance Comparison
TMDV
ProShares Russell US Dividend Growers ETF
51.68
4.78
10.19%
BAMD
Brookstone Dividend Stock ETF
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BUZZ
VanEck Social Sentiment ETF
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STNC
Stance Equity ESG Large Cap Core ETF
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SOVF
Sovereign's Capital Flourish Fund
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VAMO
Cambria Value & Momentum ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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