New Dividend Progress ETFs Hit the Market

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New Dividend Progress ETFs Hit the Market

Dividend investing is in vogue on rising Sino-U.S. commerce tensions, slowing international financi


Dividend investing is in vogue on rising Sino-U.S. commerce tensions, slowing international financial development and easing financial insurance policies. In step with the pattern, ProShares launched two dividend growth ETFs, specifically, ProShares S&P Expertise Dividend Aristocrats ETF (TDV) and ProShares Russell U.S. Dividend Growers (TMDV) on Nov 5 (learn: Dividend Growth ETFs to Sail Through Trade Uncertainty).

TDV and TMDV in a Nutshell

ProShares S&P Expertise Dividend Aristocrats ETF seeks funding outcomes, earlier than charges and bills, that monitor the efficiency of the S&P Expertise Dividend Aristocrats Index. It’s the solely ETF that’s targeted on the S&P Expertise Dividend Aristocrats which represent of well-established, technology-related corporations which have persistently raised their dividends for at the least seven years. With a basket of 34 holdings, the fund prices 45 foundation factors. Furthermore, it’s closely weighted on sectors like Knowledge Processing & Outsourced Providers, Semiconductors and Digital Parts with 20.8%, 20.4% and 11.4% weights, respectively.

ProShares Russell U.S. Dividend Growers seeks funding…



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