EUDV

ProShares MSCI Europe Dividend Growers ETF

$51.82
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The ProShares MSCI Europe Dividend Growers ETF (EUDV) seeks to track the investment results of an index composed of European companies that have a history of growing their dividends.

Overview

ETF tracking ProShares MSCI Europe Dividend Growers ETF

Category Value
Issuer ProShares
Inception Date 2016-12-29
Market Cap $8.6M
Average Volume N/A
Dividend Yield 1.61%
52-Week Range $45.42 - $55.32
VWAP $51.89

Performance

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Investment Summary

📎 Investment Objective

The ProShares MSCI Europe Dividend Growers ETF (EUDV) seeks to track the investment results of an index composed of European companies that have a history of growing their dividends.

🎯 Investment Strategy

EUDV seeks to replicate the performance of the MSCI Europe Dividend Masters Index, which is designed to provide exposure to European companies that have consistently increased their dividends for at least 10 consecutive years. The fund invests in the underlying index components in proportion to their weightings in the index.

✨ Key Features

  • Focuses on European companies with a history of dividend growth
  • Tracks the MSCI Europe Dividend Masters Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Exposure to European equity market and currency risks
  • Concentration in dividend-paying stocks may underperform in certain market environments
  • Limited diversification as the fund tracks a narrow index
  • Lack of long-term performance history to evaluate the fund's effectiveness

👤 Best For

EUDV may be suitable for investors seeking exposure to European equities with a focus on companies with a history of growing dividends. The fund could be a component of a diversified portfolio, but investors should be aware of the limited performance history and potential risks associated with the fund's concentrated strategy.