- ISIN
- US74347B8476
- CUSIP
- 74347B847
- Issuer
- ProShares
- Inception Date
- Jan 25, 2016
- Region
- Emerging Markets (Broad)
- Category
- Emerging Markets Equities, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI Emerging Markets Dividend Masters Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $7M
Share Price Chart
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Performance
EMDV Performance Chart
ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) is down 0.6% since the beginning of the year. EMDV is currently trading at $46 per share. Investors who bought $1,000 worth of EMDV shares 5 years ago would now be looking at an investment worth $856.
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Returns By Period
ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) has returned -0.55% so far this year and 6.45% over the past 12 months. Over the last ten years, EMDV has returned 2.58% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
ProShares MSCI Emerging Markets Dividend Growers ETF
- 1D
- 0.25%
- 1M
- -1.09%
- YTD
- -0.55%
- 6M
- -1.04%
- 1Y
- 6.45%
- 3Y*
- 2.73%
- 5Y*
- -3.06%
- 10Y*
- 2.58%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
EMDV Monthly Returns History
Based on dividend-adjusted daily data since Jan 27, 2016, EMDV's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, an investment would double in approximately 13.8 years.
Historically, 54% of months were positive and 46% were negative. The best month was Nov 2022 with a return of +18.0%, while the worst month was Mar 2020 at -20.8%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.
On a daily basis, EMDV closed higher 50% of trading days. The best single day was Mar 17, 2020 with a return of +6.9%, while the worst single day was Mar 16, 2020 at -11.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.79% | 1.75% | -4.35% | 3.43% | -0.31% | -1.67% | -0.55% | ||||||
| 2025 | -0.10% | -0.67% | 1.96% | 1.48% | 1.88% | 3.15% | -0.52% | 1.38% | -1.32% | 1.73% | 2.68% | -0.24% | 11.90% |
| 2024 | -3.87% | 4.64% | -1.21% | 0.29% | 0.10% | -1.14% | 1.59% | -0.03% | 9.86% | -5.44% | -1.86% | -2.01% | 0.06% |
| 2023 | 7.93% | -3.89% | 0.43% | 0.08% | -3.70% | 2.69% | 5.44% | -8.54% | -3.11% | -4.15% | 4.90% | 2.17% | -1.03% |
| 2022 | 0.78% | -4.20% | -5.66% | -4.48% | 0.56% | -1.23% | -2.76% | -3.29% | -9.54% | -4.78% | 17.96% | -0.93% | -18.19% |
| 2021 | -0.27% | 1.62% | 2.62% | -1.21% | 5.32% | -2.17% | -5.22% | 3.14% | -1.80% | -0.55% | -3.98% | 4.18% | 1.11% |
Benchmark Metrics
ProShares MSCI Emerging Markets Dividend Growers ETF has an annualized alpha of -4.08%, beta of 0.65, and R2 of 0.41 versus S&P 500 Index. Calculated based on daily prices since January 27, 2016.
- This ETF participated in 74.01% of S&P 500 Index downside but only 45.16% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.65 may look defensive, but with R2 of 0.41 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.41 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -4.08%
- Beta
- 0.65
- R²
- 0.41
- Upside Capture
- 45.16%
- Downside Capture
- 74.01%
Expense Ratio
EMDV has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
EMDV ranks 18 for risk / return — in the bottom 18% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EMDV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.37 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | 2.78 | -1.89 |
| Martin ratioReturn relative to average drawdown | 2.57 | 12.44 | -9.87 |
Dividends
Dividend History
ProShares MSCI Emerging Markets Dividend Growers ETF provided a 2.45% dividend yield over the last twelve months, with an annual payout of $1.14 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.14 | $1.15 | $1.19 | $0.82 | $1.66 | $1.21 | $1.81 | $1.43 | $0.68 | $1.22 | $1.35 |
Dividend yield | 2.45% | 2.46% | 2.79% | 1.88% | 3.68% | 2.12% | 3.12% | 2.38% | 1.27% | 2.09% | 2.87% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares MSCI Emerging Markets Dividend Growers ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.02 | ||||||
| 2025 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.38 | $1.15 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.88 | $0.00 | $0.00 | $0.25 | $1.19 |
| 2023 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.51 | $0.82 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $1.26 | $1.66 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.39 | $1.21 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares MSCI Emerging Markets Dividend Growers ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares MSCI Emerging Markets Dividend Growers ETF was 39.20%, occurring on Mar 23, 2020. Recovery took 202 trading sessions.
The current ProShares MSCI Emerging Markets Dividend Growers ETF drawdown is 16.25%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -39.20%Mar 2020 | 2y 1mo | 9mo 21d | 2y 11moJan 2018 - Jan 2021 |
Bear market2022 | -34.97%Oct 2022 | 1y 4mo | — | 5y 17dJun 2021 - now |
2016 correction2016 | -13.44%Dec 2016 | 4mo 8d | 2mo 24d | 7mo 2dAug 2016 - Mar 2017 |
2016 correction2016 | -10.49%May 2016 | 1mo | 2mo 6d | 3mo 6dApr 2016 - Jul 2016 |
2021 pullback2021 | -5.31%Mar 2021 | 20d | 2mo 19d | 3mo 9dFeb 2021 - May 2021 |
Drawdown Indicators
| EMDV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.20% | -56.78% | +17.58% |
Max Drawdown (1Y)Largest decline over 1 year | -7.24% | -9.10% | +1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -20.71% | -18.90% | -1.81% |
Max Drawdown (5Y)Largest decline over 5 years | -34.13% | -25.43% | -8.70% |
Max Drawdown (10Y)Largest decline over 10 years | -39.20% | -33.92% | -5.28% |
Current DrawdownCurrent decline from peak | -16.25% | -1.80% | -14.45% |
Average DrawdownAverage peak-to-trough decline | -13.55% | -10.71% | -2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 2.03% | +0.49% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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