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ProShares Russell U.S. Dividend Growers ETF (TMDV) Sharpe Ratio: 1.04

ETF · Currency in USD · Last updated Jul 18, 2026

ProShares Russell U.S. Dividend Growers ETF tracks the Russell 3000 Dividend Elite Index, investing in companies that have consistently increased dividends every year for at least the last 35 years.

TMDV's Sharpe Ratio of 1.04 indicates that for each unit of volatility, it generates 1.04 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 18, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

TMDV Sharpe Ratio Rank

TMDV Sharpe Ratio Rank: 35.536
Below Average

TMDV ranks above 35.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

TMDV Sharpe Ratio Market Positioning

The chart shows TMDV's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.68 or lower
  • Yellow zone (middle 50%): 0.68 to 1.80
  • Green zone (top 25%): 1.80 or higher
  • Top 1%: 6.35+
  • Median: 1.32 — half of all investments score higher

How it compares to other similar ETFs

The table compares ProShares Russell U.S. Dividend Growers ETF's Sharpe Ratio with other ETFs in the Mid Cap Value Equities, Dividend category across multiple time periods, showing how TMDV's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 18, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
LVHIFranklin International Low Volatility High Dividend Index ETF3.50
DEWWisdomTree Global High Dividend Fund2.82
EFASGlobal X MSCI SuperDividend® EAFE ETF2.78
ALTYGlobal X Alternative Income ETF2.68
INCEFranklin Income Equity Focus ETF2.48
EQRRProShares Equities for Rising Rates ETF2.45
DIVBiShares Core Dividend ETF2.40
XUDVFranklin U.S. Dividend Booster Index ETF2.40
SDOGALPS Sector Dividend Dogs ETF2.37
RDIVInvesco S&P Ultra Dividend Revenue ETF2.36
TMDVProShares Russell U.S. Dividend Growers ETF1.04

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows TMDV's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when TMDV consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does TMDV fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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