ProShares MSCI Europe Dividend Growers ETF (EUDV) is an exchange-traded fund that seeks investment results, before fees and expenses, that correspond to the performance of the MSCI Europe Dividend Masters Index. The fund provides exposure to developed market companies in Europe that have consistently increased their dividends every year for at least 10 consecutive years and are constituents of the MSCI Europe Index; the index includes a minimum of 25 equally weighted stocks selected for their dividend growth history. EUDV employs a full replication technique to track the index, holding approximately 46 companies with an average market capitalization of $70.48 billion, a price/earnings ratio of 25.81, and a price/book ratio of 3.51 as of late 2025.
The ETF distributes dividends quarterly and maintains an expense ratio of 0.55%, with NAV calculated at 11:30 a.m. ET; it trades on U.S. exchanges under the ticker EUDV (CUSIP 74347B540). Top holdings include Roche Holding AG, ACS Actividades de Construccion y Servicios SA, DCC plc, Financiere de Tubize SA, and Legal & General Group plc, spanning sectors such as healthcare, industrials, financials, utilities, and consumer staples across Europe. The fund targets investors seeking stable dividend growth from large- and mid-cap European equities in developed markets including Switzerland, the United Kingdom, France, Germany, and others.
Launched on September 9, 2015, and issued by ProShares Trust, a product of ProShare Advisors LLC, EUDV is domiciled in the United States with operational headquarters aligned to ProShares in Bethesda, Maryland. The fund has delivered annualized returns of approximately 4.67% since inception through NAV performance, with recent year-to-date gains around 12.88% and quarterly distributions including $0.51864 per share in June 2025. No major acquisitions, partnerships, funding rounds, or strategic shifts specific to EUDV have been reported in the last 1-2 years; ongoing portfolio adjustments reflect standard index rebalancing, such as new positions in Logitech International and Enel SpA noted in recent filings.