TMDV - ETF AI Analysis
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ProShares Russell US Dividend Growers ETF (TMDV)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Recent Fund Performance
The ETF has shown solid gains so far this year and over the past month, indicating positive recent momentum.
Resilient Top Holdings
Most of the largest positions, including companies like Nucor, Target, and Air Products and Chemicals, have delivered strong year-to-date results that support the fund’s performance.
Diversified Sector Mix
Holdings spread across areas like consumer defensive, financials, industrials, utilities, and materials help reduce the impact of weakness in any single sector.
Negative Factors
Single-Country Concentration
With almost all assets invested in U.S. companies, the fund offers little geographic diversification and is highly tied to the U.S. market.
Moderate Expense Ratio
The fund’s fee is not especially low for an ETF, which can slightly reduce long-term returns compared with cheaper alternatives.
Some Lagging Top Holding
At least one major holding, such as T. Rowe Price, has shown weak year-to-date performance, which can drag on overall fund results if the weakness continues.
TMDV vs. SPDR S&P 500 ETF (SPY)
AUM4.61M
RegionNorth America
Expense Ratio0.35%
Beta0.47
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. Volume60
30 Day Avg. Volume168
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
56.06Price 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) tracks the Russell 3000 Dividend Elite Index, which focuses on U.S. companies that not only pay dividends but have a history of steadily increasing them. It holds a wide mix of businesses, with a tilt toward defensive sectors like consumer staples, utilities, and industrials. Well-known names include Target and T. Rowe Price. Someone might invest in TMDV to seek a mix of growing income and long-term growth from financially solid companies. A key risk is that stock prices and dividend payments can still go up and down with the overall 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, financials, and consumer defensive names setting the tone. Gorman-Rupp and Nucor have been clear bright spots, rising on strong fundamentals and momentum, giving the fund a solid industrial backbone. Financials like Franklin Resources and Community Bancorp are also climbing, adding some income-friendly fuel. On the more mixed side, Target and Stanley Black & Decker are moving forward but not sprinting, occasionally losing steam and tempering what would otherwise be even stronger performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Genuine Parts Company | 1.89% | $88.65K | $18.24B | 1.57% | 69 Neutral | |
| RLI | 1.71% | $80.44K | $5.75B | -13.16% | 83 Outperform | |
| Sonoco Products | 1.69% | $79.52K | $5.68B | 22.45% | 63 Neutral | |
| Cincinnati Financial | 1.69% | $79.44K | $29.70B | 29.41% | 76 Outperform | |
| Stanley Black & Decker | 1.67% | $78.49K | $14.29B | 33.56% | 68 Neutral | |
| Kimberly Clark | 1.67% | $78.43K | $38.08B | -12.68% | 63 Neutral | |
| Air Products and Chemicals | 1.66% | $78.14K | $69.96B | 4.34% | 46 Neutral | |
| T Rowe Price | 1.65% | $77.55K | $25.40B | 20.47% | 75 Outperform | |
| Sherwin-Williams Company | 1.65% | $77.51K | $86.93B | 0.90% | 66 Neutral | |
| California Water Service | 1.64% | $76.88K | $3.01B | 9.33% | 65 Neutral |
TMDV Technical Analysis
Positive
―
Price Trends
49.72
Positive
49.54
Positive
48.28
Positive
Market Momentum
0.61
Positive
59.51
Neutral
15.01
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TMDV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 51.05, equal to the 50-day MA of 49.72, and equal to the 200-day MA of 48.28, indicating a bullish trend. The MACD of 0.61 indicates Positive momentum. The RSI at 59.51 is Neutral, neither overbought nor oversold. The STOCH value of 15.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TMDV.
TMDV Peer Comparison
Comparison Results
Performance Comparison
TMDV
ProShares Russell US Dividend Growers ETF
51.68
5.21
11.21%
BAMD
Brookstone Dividend Stock ETF
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SOVF
Sovereign's Capital Flourish Fund
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FDRS
Founder-Led ETF
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YALL
God Bless America ETF
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FFTY
Innovator IBD 50 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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