ProShares on Thursday debuted two exchange-traded funds that expand its existing roster of dividend growth products.

The company says its ProShares S&P Technology Dividend Aristocrats ETF (TDV) is the only ETF focused on U.S. technology dividend growers, the so-called technology dividend aristocrats that have raised their dividends for at least seven consecutive years. While the equal-weighted underlying index targets U.S. technology companies, it can also include technology-related companies from the communications services and consumer discretionary sectors.

The fund begins trading with 34 holdings. Data processing and outsourced services (20.8% weighting) and semiconductors (20%) are the largest sub-industries by weight. Its expense ratio is 0.45%.
The ProShares Russell U.S. Dividend Growers ETF (TMDV) tracks an equal-weighted index that holds companies across the market-cap spectrum within the Russell 3000 Index that have increased their dividends for a minimum of 35 straight years.

That results in a portfolio of 68 companies. The largest sector weights are consumer staples (20.5% weighting), industrials (18.2%) and utilities (14.7%). Sector weights are capped at 30% of the index. The expense ratio is 0.35%.

ProShares’ existing suite of dividend growth ETFs has more than $7 billion in total assets, led by the $6 billion ProShares S&P 500 Dividend Aristocrats ETF (NOBL). Two other products in this suite—the ProShares Russell 2000 Dividend Growers ETF (SMDV) and ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL)—both have more than $700 million in assets. The latter two products charge an expense ratio of 0.40%, while NOBL’s fee is 0.35%.

Overall, ProShares has 138 ETFs with total assets of nearly $33 billion, according to