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ProShares Russell US Dividend Growers ETF TMDV

Is ProShares Russell US Dividend Growers ETF Halal?

Shariah Compliance Analysis of TMDV ETF

No. As of October 2026, ProShares Russell US Dividend Growers ETF (TMDV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

TMDV was created on 2019-11-05 by ProShares. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 4.28m in AUM and 66 holdings. TMDV tracks an equal-weighted index of Russell 3000 constituents that have increased dividend payments annually for at least 35 years.

TMDV Shariah Compliance

As of October 2026, ProShares Russell US Dividend Growers ETF is classified as not halal.

NOT HALAL

ProShares Russell US Dividend Growers ETF (TMDV) Chart

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