ProShares MSCI Emerging Markets Dividend… (EMDV) Performance
EMDV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.0% since Dec 31, 2025
- 1 year
- +4.0% total return
- 5 years
- −2.0% a year
- 10 years
- +1.9% a year
- Since first price
- +3.9% a year since 2016
EMDV trailing returns vs SPY, QQQ, AGG
| Period | EMDV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.9% | +1.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.5% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.3% | −1.1% | +7.8% | +8.4% | −1.5% |
| YTD | +2.0% | +0.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +4.0% | +1.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +24.7%+7.6%/yr | +15.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −9.8%−2.0%/yr | −20.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +21.2%+1.9%/yr | −5.7% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionJan 27, 2016 | +50.7%+3.9%/yr | +15.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EMDV vs SPY
From Jan 27, 2016: EMDV grew to $15,070, SPY to $48,035.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EMDV returns by calendar year
5 of 9 full years positive. Best 2017 (+27.0%), worst 2022 (−18.2%). 2026 is year to date.
EMDV annual returns table
| Year | EMDV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +2.0% | −7.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.9% | −8.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +0.1% | −15.9% | +24.9% | +25.6% | +1.3% |
| 2023 | −1.0% | −17.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −18.2% | −32.2% | −18.2% | −32.6% | −13.0% |
| 2021 | +1.1% | −10.8% | +28.7% | +27.4% | −1.8% |
| 2020 | −0.1% | −38.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +14.9% | −10.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −7.5% | −21.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +27.0% | −3.9% | +21.7% | +32.7% | +3.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EMDV largest drawdowns
Now 14.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 26, 2018 | −39.2% | Mar 23, 2020 | Jan 8, 2021 | 2.2 years | 3.0 years |
| Jun 4, 2021 | −35.0% | Oct 31, 2022 | not yet | 1.4 years | 5.4 years so far |
| Aug 15, 2016 | −13.4% | Dec 22, 2016 | Mar 16, 2017 | 4 months | 7 months |
| Apr 19, 2016 | −10.5% | May 20, 2016 | Jul 25, 2016 | 31 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EMDV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2016 |
|---|---|---|---|---|
| Annualized return | +4.5% | −2.2% | +1.5% | +3.3% |
| Volatility (annualized) | 10.8% | 15.1% | 15.9% | 16.1% |
| Sharpe ratio | 0.06 | -0.31 | 0.03 | 0.15 |
| Sortino ratio | 0.09 | -0.47 | 0.04 | 0.22 |
| Best month | +9.9% | +18.0% | +18.0% | +18.0% |
| Worst month | −5.4% | −9.5% | −20.8% | −20.8% |
| Best 12 months | +15.6% | +15.6% | +49.0% | +49.0% |
| Worst 12 months | −2.3% | −30.0% | −30.0% | −30.0% |
| Positive months | 53% | 47% | 52% | 54% |
| Beta vs S&P 500 | 0.33 | 0.42 | 0.59 | — |
| Correlation with S&P 500 | 0.38 | 0.43 | 0.56 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EMDV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 118 | −30.0% | +3.0% | +49.0% | 58% |
| 3-year (a year) | 94 | −9.7% | +1.3% | +13.4% | 55% |
| 5-year (a year) | 70 | −4.1% | −1.5% | +9.4% | 37% |
| 10-year (a year) | 10 | +1.5% | +2.2% | +3.8% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
EMDV performance overview
ProShares MSCI Emerging Markets Dividend… (EMDV) returned +4.0% over the past year and +1.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +3.9% a year, turning $10,000 into about $15,070. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −39.2%, from Jan 26, 2018 to Mar 23, 2020, and it took 10 months to get back to the old high. EMDV finished 5 of its 9 full calendar years with a gain; the best year was 2017 (+27.0%) and the worst 2022 (−18.2%). Volatility has been 16.1% a year.
Related: EMDV chart, EMDV holdings, EMDV dividends. See the EMDV overview for the latest quote and fund facts.
EMDV performance FAQ
What is the EMDV return over the past year?
EMDV returned +4.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 1.6%.
What is the average annual return of EMDV?
EMDV has returned −2.0% a year over 5 years, +1.9% a year over 10 years, +3.9% a year since January 27, 2016 (total return, distributions reinvested).
How much would $10,000 invested in EMDV be worth?
$10,000 invested in EMDV at its first recorded close on January 27, 2016 would be worth about $15,070 on October 23, 2026 with distributions reinvested.
What was the worst year for EMDV?
The worst calendar year was 2022, with a total return of −18.2%. The best was 2017 at +27.0%.
What is the biggest drawdown of EMDV?
The largest peak-to-trough decline was −39.2% between January 26, 2018 and March 23, 2020. It recovered to the old high on January 8, 2021, 10 months after the bottom.
How volatile is EMDV?
Over the past 3 years EMDV had an annualized volatility of 10.8% and a Sharpe ratio of 0.06 (excess return over 1–3 month T-bills per unit of risk).