Fund Overview
The ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) seeks investment results that track the performance of the MSCI Emerging Markets Dividend Masters Index. This ETF focuses on companies in emerging markets that have a history of consistently increasing their dividends for at least seven consecutive years. By targeting dividend-growing firms, EMDV aims to provide investors with exposure to financially stable companies with strong cash flows and shareholder-friendly policies. The fund offers a unique approach to emerging markets investing by emphasizing quality and income generation, which may appeal to investors seeking both growth and yield in developing economies.
- Asset Class
-
Equity
- Industry
-
N/A
- Annual Dividend Rate
-
- Smart Beta
-
No
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- N/A
- Currency Hedged
-
No
- Portfolio Turnover
-
N/A
- Dividend Date
-
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Why Invest in the EMDV ETF?
Potential Benefits
- Focuses on financially stable companies with a proven track record of dividend growth, which may indicate strong fundamentals.
- Provides exposure to emerging markets with an emphasis on income generation, appealing to yield-seeking investors.
- Diversifies across multiple sectors and countries within emerging markets, reducing single-country or single-sector risk.
- Historically, dividend-growing stocks have shown resilience during market downturns, potentially offering downside protection.
- Lower expense ratio compared to some actively managed emerging market funds.
Potential Risks
- Emerging markets are generally more volatile than developed markets, leading to higher price fluctuations.
- Currency risk is present as dividends and share prices are affected by exchange rate movements.
- Dividend-paying companies may underperform growth-oriented firms during strong bull markets.
- Political and regulatory risks in emerging markets can impact company performance and dividend payments.
- Concentration risk exists if the index is heavily weighted toward certain sectors or countries.
Histogram
MACD
Signal
Base Line
RSI data unavailable or insufficient history.
RSI (14)
Overbought (70)
Oversold (30)
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2025 |
-0.1%
|
-0.7%
|
+2.0%
|
+1.5%
|
+1.9%
|
+3.1%
|
-0.5%
|
+1.2%
|
-
|
-
|
-
|
-
|
| 2024 |
-3.9%
|
+4.6%
|
-1.2%
|
+0.3%
|
+0.1%
|
-1.1%
|
+1.6%
|
0.0%
|
+9.9%
|
-5.4%
|
-1.9%
|
-2.0%
|
| 2023 |
+7.9%
|
-3.9%
|
+0.4%
|
+0.1%
|
-3.7%
|
+2.7%
|
+5.5%
|
-8.5%
|
-3.1%
|
-4.2%
|
+4.9%
|
+2.2%
|
| 2022 |
+0.8%
|
-4.2%
|
-5.7%
|
-4.5%
|
+0.6%
|
-1.2%
|
-2.8%
|
-3.3%
|
-9.5%
|
-4.8%
|
+18.0%
|
-0.9%
|
| 2021 |
-0.3%
|
+1.6%
|
+2.6%
|
-1.2%
|
+5.3%
|
-2.2%
|
-5.2%
|
+3.1%
|
-1.8%
|
-0.6%
|
-4.0%
|
+4.2%
|
| 2020 |
-5.2%
|
-7.1%
|
-20.8%
|
+7.4%
|
+2.3%
|
+5.4%
|
+3.8%
|
+1.9%
|
-1.0%
|
+0.2%
|
+11.1%
|
+6.1%
|
| 2019 |
+7.8%
|
-1.0%
|
+1.0%
|
+1.4%
|
-3.0%
|
+3.9%
|
-1.7%
|
-3.7%
|
+1.5%
|
+4.0%
|
-1.1%
|
+5.4%
|
| 2018 |
+5.1%
|
-2.1%
|
+0.5%
|
-2.3%
|
-2.5%
|
-3.5%
|
+5.6%
|
-3.5%
|
-2.3%
|
-7.7%
|
+7.6%
|
-1.6%
|
| 2017 |
+0.7%
|
+2.1%
|
+4.3%
|
+1.3%
|
+2.4%
|
+0.2%
|
+4.0%
|
+1.9%
|
-1.1%
|
+0.8%
|
+1.5%
|
+6.2%
|
| 2016 |
-
|
+0.5%
|
+11.8%
|
+0.5%
|
-4.5%
|
+4.8%
|
+6.0%
|
-1.4%
|
+3.2%
|
-3.2%
|
-6.7%
|
+4.5%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
|
INFY
|
INFOSYS LTD ADR |
1.6 % |
Top 10 holdings shown, out of 52 total holdings.
Related ETFs: EMDV vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
EMDV tracks the MSCI Emerging Markets Dividend Masters Index, which includes companies from emerging markets that have increased dividends for at least seven consecutive years. The index employs a market-cap weighting methodology, meaning larger companies have a greater influence on performance. The fund primarily holds common stocks and is passively managed, aiming to replicate the index's performance. Rebalancing occurs semi-annually to ensure alignment with the index's selection criteria.
Frequently Asked Questions
What is the dividend yield of EMDV?
EMDV's dividend yield varies based on underlying holdings but generally aligns with the yield of the MSCI Emerging Markets Dividend Masters Index, typically ranging between 3-5%.
How often does EMDV pay dividends?
EMDV pays dividends quarterly, in line with the distribution schedules of its underlying holdings.
Does EMDV hedge currency risk?
No, EMDV does not hedge currency risk, so returns are affected by fluctuations in local currencies against the U.S. dollar.
What are the largest country exposures in EMDV?
EMDV's largest country exposures typically include Taiwan, Brazil, South Africa, and China, though weightings may shift with index rebalancing.
Is EMDV suitable for long-term investors?
Yes, EMDV can be a suitable long-term holding for investors seeking emerging market exposure with an emphasis on dividend growth and financial stability.
Industry Overview
The ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) provides exposure to a niche segment of emerging market equities—companies with a consistent history of dividend growth. Emerging markets are known for their higher growth potential compared to developed markets, but they also come with increased volatility and risk. By focusing on dividend-growing firms, EMDV targets financially disciplined companies that may offer a balance between growth and income. This strategy can be particularly appealing for investors looking to diversify internationally while prioritizing stability and yield.
Alternative Comparison
Compared to similar funds like DEM and DVYE, EMDV stands out for its strict focus on dividend growers rather than high-yield stocks. DEM (WisdomTree Emerging Markets High Dividend Fund) emphasizes current yield, which may include companies with unsustainable payouts. DVYE (iShares Emerging Markets Dividend ETF) also targets high dividend payers but lacks EMDV's emphasis on consistent dividend growth. EMDV's lower expense ratio compared to some peers makes it a cost-effective choice for investors seeking quality dividend stocks in emerging markets.
Issuer Overview
ProShares is a leading provider of ETFs, specializing in alternative and thematic investment strategies. Known for its lineup of leveraged, inverse, and dividend-focused funds, ProShares offers investors innovative ways to gain targeted exposure to various market segments. The issuer has a strong reputation for delivering precise, rules-based investment solutions.
Conclusion
The ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) offers a unique approach to emerging markets investing by focusing on companies with a strong history of dividend growth. This strategy may appeal to investors seeking a balance of income and growth potential in developing economies. While emerging markets carry inherent risks, EMDV's emphasis on financially stable firms could provide a measure of downside resilience.
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