ProShares Russell US Dividend Growers ETF

TMDV

Market cap $4.63M

Despite continued concentration in mega-cap technology stocks, US dividend-focused strategies have generally remained competitive and historically experienced more shallow drawdowns than broader equity markets. Last year, US companies paid a record US$704.8 billion in dividends - the 15th consecutive annual record. Concurrently, dividend growth accelerated across several international markets, highlighting the continued strength of shareholder-return trends.

While the stock market has been hovering around a record level, there are valid reasons to approach the current situation with caution.