TMDV Holdings: ProShares Russell US Dividend Growers Top Holdings

The ProShares Russell US Dividend Growers ETF (TMDV) reports 10 holdings. Its biggest position is McGrath RentCorp (MGRC) at 1.70% of assets. The top 10 holdings account for 16.4% of the portfolio, a broadly diversified portfolio.

10 positions carry a weight of 1% or more. Based on the weights listed, TMDV behaves like an equal-weighted fund of about 370 stocks (the inverse Herfindahl index), a measure of how diversified it really is. Holdings and weights change over time as the fund rebalances and as share prices move.

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