SMDV invests in quality U.S. small-cap companies that have not only paid but grown dividends for 10+ years.*
View fund details
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
Month-End Total Returns as of 9/30/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV Market Price | -1.89% | 3.10% | 2.87% | 0.30% | -1.23% | 9.30% | 9.97% | 8.22% | 7.28% | 02/03/2015 |
| SMDV NAV | -1.98% | 3.03% | 2.86% | 0.34% | -1.20% | 9.33% | 9.98% | 8.16% | 7.28% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -1.95% | 3.14% | 3.07% | 0.63% | -0.84% | 9.75% | 10.41% | 8.61% | 7.73% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV Market Price | -1.89% | 3.10% | 2.87% | 0.30% | -1.23% | 9.30% | 9.97% | 8.22% | 7.28% | 02/03/2015 |
| SMDV NAV | -1.98% | 3.03% | 2.86% | 0.34% | -1.20% | 9.33% | 9.98% | 8.16% | 7.28% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -1.95% | 3.14% | 3.07% | 0.63% | -0.84% | 9.75% | 10.41% | 8.61% | 7.73% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker SMDV
- Intraday Ticker SMDV.IV
- CUSIP 74347B698
- Inception Date 2/3/15
- Expense Ratio 0.40%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
- Options Available Yes
Characteristics
as of 9/30/2025- Number of Companies 106
- Price/Earnings Ratio 18.48
- Price/Book Ratio 1.62
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Avg. Market Cap $2.66 billion
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
Price
as of 10/22/2025- NAV $66.74
- NAV Change $-0.03
- Market Price $66.74
- Market Price Change $-0.07
- Trading Volume (M) 28,260
- 30-Day Median Bid Ask Spread 0.07%
- View Premium / Discount
Snapshot
- Ticker SMDV
- Intraday Ticker SMDV.IV
- CUSIP 74347B698
- Inception Date 2/3/15
- Expense Ratio 0.40%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
- Options Available Yes
Characteristics
as of 9/30/2025- Number of Companies 106
- Price/Earnings Ratio 18.48
- Price/Book Ratio 1.62
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Avg. Market Cap $2.66 billion
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
Price
as of 10/22/2025- NAV $66.74
- NAV Change $-0.03
- Market Price $66.74
- Market Price Change $-0.07
- Trading Volume (M) 28,260
- 30-Day Median Bid Ask Spread 0.07%
- View Premium / Discount
Exposures
Index as of 9/30/2025 and Fund as of 10/22/2025
Holdings
as of 10/22/2025
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.16% | HI | HILLENBRAND INC | -- | $7,392,718.36 | 234,764 | B2QGDP1 |
| 1.13% | CCOI | COGENT COMMUNICATIONS HOLDIN | -- | $7,198,033.59 | 166,969 | B06RWD1 |
| 1.12% | SR | SPIRE INC | -- | $7,103,273.25 | 81,525 | BYXJQG9 |
| 1.11% | MTRN | MATERION CORP | -- | $7,066,434.62 | 54,698 | 2149622 |
| 1.09% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,926,290.80 | 147,180 | BFNR303 |
| 1.08% | PII | POLARIS INC | -- | $6,881,389.90 | 104,090 | 2692933 |
| 1.08% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,878,057.55 | 29,445 | 2840174 |
| 1.08% | GRC | GORMAN-RUPP CO | -- | $6,864,782.76 | 142,482 | 2379281 |
| 1.07% | ANDE | ANDERSONS INC/THE | -- | $6,827,166.00 | 148,740 | 2274922 |
| 1.07% | MSEX | MIDDLESEX WATER CO | -- | $6,826,363.90 | 113,678 | 2589466 |
| 1.06% | BKH | BLACK HILLS CORP | -- | $6,731,516.25 | 103,165 | 2101741 |
| 1.05% | OGS | ONE GAS INC | -- | $6,678,739.86 | 81,033 | BJ0KXV4 |
| 1.05% | UTL | UNITIL CORP | -- | $6,653,672.80 | 133,180 | 2925037 |
| 1.03% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,549,173.58 | 106,266 | B03PGL4 |
| 1.03% | ENSG | ENSIGN GROUP INC/THE | -- | $6,540,272.47 | 35,393 | B1YWPP8 |
| 1.03% | AVA | AVISTA CORP | -- | $6,525,276.05 | 167,015 | 2942605 |
| 1.03% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $6,525,126.72 | 143,852 | B125XQ6 |
| 1.02% | ALE | ALLETE INC | -- | $6,515,212.34 | 96,751 | B02R1L6 |
| 1.02% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $6,505,708.00 | 130,768 | 2165383 |
| 1.01% | CPK | CHESAPEAKE UTILITIES CORP | -- | $6,447,910.68 | 49,041 | 2190750 |
| 1.01% | NPO | ENPRO INC | -- | $6,432,595.62 | 28,074 | 2951292 |
| 1.01% | TR | TOOTSIE ROLL INDS | -- | $6,409,786.46 | 150,854 | 2896809 |
| 1.01% | YORW | YORK WATER CO | -- | $6,398,150.94 | 198,577 | 2425292 |
| 1.00% | TRNO | TERRENO REALTY CORP | -- | $6,374,890.28 | 104,233 | B3N4753 |
| 1.00% | CTRE | CARETRUST REIT INC | -- | $6,348,410.65 | 181,435 | BMP8TL6 |
| 0.99% | MGEE | MGE ENERGY INC | -- | $6,325,140.05 | 72,661 | 2554163 |
| 0.99% | CSGS | CSG SYSTEMS INTL INC | -- | $6,317,062.56 | 95,022 | 2210885 |
| 0.99% | DGICA | DONEGAL GROUP INC-CL A | -- | $6,314,645.38 | 326,507 | 2752730 |
| 0.99% | AWR | AMERICAN STATES WATER CO | -- | $6,288,656.40 | 82,485 | 2267171 |
| 0.97% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,199,714.70 | 63,095 | 2350383 |
| 0.97% | LAND | GLADSTONE LAND CORP | -- | $6,199,198.08 | 685,752 | B83TNY4 |
| 0.97% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $6,184,712.88 | 21,969 | 2943620 |
| 0.97% | TXNM | TXNM ENERGY INC | -- | $6,173,441.87 | 108,287 | 2707826 |
| 0.97% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,169,140.96 | 218,454 | B9HHD96 |
| 0.97% | BMI | BADGER METER INC | -- | $6,150,881.00 | 33,685 | 2069128 |
| 0.97% | HTO | H2O AMERICA | -- | $6,139,442.56 | 122,008 | 2811932 |
| 0.96% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $6,135,219.48 | 176,097 | B019FW2 |
| 0.95% | GATX | GATX CORP | -- | $6,052,750.25 | 36,739 | 2362128 |
| 0.95% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,041,466.96 | 130,881 | 2630513 |
| 0.95% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $6,034,309.44 | 187,634 | 2492133 |
| 0.95% | TRN | TRINITY INDUSTRIES INC | -- | $6,018,049.17 | 215,469 | 2904627 |
| 0.95% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $6,012,640.41 | 64,659 | 2763602 |
| 0.94% | BCPC | BALCHEM CORP | -- | $5,999,891.22 | 38,211 | 2072074 |
| 0.94% | MGRC | MCGRATH RENTCORP | -- | $5,988,044.40 | 49,002 | 2551551 |
| 0.94% | WSBC | WESBANCO INC | -- | $5,980,420.05 | 190,763 | 2953782 |
| 0.94% | FISI | FINANCIAL INSTITUTIONS INC | -- | $5,973,934.53 | 224,331 | 2596949 |
| 0.94% | EXPO | EXPONENT INC | -- | $5,961,665.64 | 86,226 | 2330318 |
| 0.94% | HMN | HORACE MANN EDUCATORS | -- | $5,959,891.77 | 133,063 | 2437112 |
| 0.93% | UVV | UNIVERSAL CORP/VA | -- | $5,940,622.80 | 110,936 | 2923804 |
| 0.93% | PEBO | PEOPLES BANCORP INC | -- | $5,905,147.56 | 199,229 | 2679419 |
| 0.93% | HY | HYSTER-YALE INC | -- | $5,894,976.69 | 163,341 | B7LG306 |
| 0.93% | INDB | INDEPENDENT BANK CORP/MA | -- | $5,887,425.46 | 86,618 | 2447821 |
| 0.93% | FUL | H.B. FULLER CO. | -- | $5,886,699.94 | 98,737 | 2354664 |
| 0.92% | GTY | GETTY REALTY CORP | -- | $5,872,259.12 | 213,304 | 2698146 |
| 0.92% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $5,865,794.91 | 229,941 | B15RZR4 |
| 0.92% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $5,860,115.10 | 172,255 | BFZ9DB8 |
| 0.92% | CNS | COHEN & STEERS INC | -- | $5,843,621.08 | 84,887 | B02H882 |
| 0.92% | HNI | HNI CORP | -- | $5,841,641.92 | 131,806 | 2435246 |
| 0.92% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $5,836,409.25 | 154,525 | 2965668 |
| 0.92% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,832,422.12 | 235,844 | BZ16HK0 |
| 0.92% | ASB | ASSOCIATED BANC-CORP | -- | $5,829,703.88 | 231,154 | 2055718 |
| 0.91% | BUSE | FIRST BUSEY CORP | -- | $5,813,676.20 | 249,514 | BZ1LBM5 |
| 0.91% | POWI | POWER INTEGRATIONS INC | -- | $5,812,728.75 | 137,125 | 2133045 |
| 0.91% | TCBK | TRICO BANCSHARES | -- | $5,808,503.68 | 136,478 | 2904133 |
| 0.91% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $5,790,568.86 | 102,779 | 2222062 |
| 0.91% | ABM | ABM INDUSTRIES INC | -- | $5,781,918.48 | 127,608 | 2024901 |
| 0.91% | CADE | CADENCE BANK | -- | $5,769,773.26 | 163,034 | BMCS168 |
| 0.91% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $5,766,776.40 | 74,085 | 2125246 |
| 0.91% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $5,759,710.16 | 247,304 | 2568090 |
| 0.90% | TMP | TOMPKINS FINANCIAL CORP | -- | $5,745,132.25 | 88,075 | 2888613 |
| 0.90% | OTTR | OTTER TAIL CORP | -- | $5,742,942.53 | 73,411 | 2664103 |
| 0.90% | MBWM | MERCANTILE BANK CORP | -- | $5,725,571.04 | 126,504 | 2620257 |
| 0.90% | GFF | GRIFFON CORP | -- | $5,717,694.72 | 75,711 | 2463344 |
| 0.90% | HFWA | HERITAGE FINANCIAL CORP | -- | $5,706,002.94 | 248,303 | 2619880 |
| 0.90% | UBSI | UNITED BANKSHARES INC | -- | $5,701,183.02 | 160,914 | 2905794 |
| 0.89% | NBTB | N B T BANCORP INC | -- | $5,691,121.70 | 139,831 | 2626459 |
| 0.89% | LMAT | LEMAITRE VASCULAR INC | -- | $5,691,030.87 | 63,167 | B1G6TJ0 |
| 0.89% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,682,986.05 | 180,355 | BWC6PW6 |
| 0.89% | KWR | QUAKER CHEMICAL CORPORATION | -- | $5,677,756.51 | 42,629 | 2715186 |
| 0.89% | WDFC | WD-40 CO | -- | $5,674,067.36 | 28,232 | 2944742 |
| 0.89% | AMSF | AMERISAFE INC | -- | $5,657,547.84 | 134,256 | B0PPHS6 |
| 0.89% | MZTI | MARZETTI COMPANY/THE | -- | $5,655,583.44 | 33,384 | 2503206 |
| 0.88% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $5,611,810.95 | 105,505 | 2706470 |
| 0.88% | FULT | FULTON FINANCIAL CORP | -- | $5,602,055.91 | 317,757 | 2356585 |
| 0.88% | SCL | STEPAN CO | -- | $5,582,442.54 | 122,799 | 2845005 |
| 0.87% | UCB | UNITED COMMUNITY BANKS/GA | -- | $5,562,001.80 | 185,030 | 2862156 |
| 0.87% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,556,438.81 | 393,237 | BXC87C3 |
| 0.87% | STBA | S & T BANCORP INC | -- | $5,552,650.20 | 155,580 | 2781109 |
| 0.87% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $5,547,423.60 | 200,268 | 2713395 |
| 0.87% | LKFN | LAKELAND FINANCIAL CORP | -- | $5,539,682.61 | 90,651 | 2537528 |
| 0.87% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $5,535,977.02 | 198,707 | 2485876 |
| 0.87% | KAI | KADANT INC | -- | $5,527,840.05 | 18,831 | 2769978 |
| 0.87% | ALG | ALAMO GROUP INC | -- | $5,506,540.10 | 29,431 | 2021634 |
| 0.86% | FRME | FIRST MERCHANTS CORP | -- | $5,497,394.21 | 150,161 | 2342410 |
| 0.86% | IOSP | INNOSPEC INC | -- | $5,452,013.49 | 71,841 | 2245597 |
| 0.86% | MATX | MATSON INC | -- | $5,450,332.48 | 58,336 | B8GNC91 |
| 0.86% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,449,191.00 | 148,885 | 2927497 |
| 0.86% | CASS | CASS INFORMATION SYSTEMS INC | -- | $5,442,458.88 | 143,072 | 2086558 |
| 0.85% | APOG | APOGEE ENTERPRISES INC | -- | $5,427,986.50 | 141,170 | 2046176 |
| 0.85% | NSP | INSPERITY INC | -- | $5,396,467.44 | 114,042 | 2007281 |
| 0.85% | LNN | LINDSAY CORP | -- | $5,376,240.10 | 43,834 | 2516613 |
| 0.84% | JJSF | J & J SNACK FOODS CORP | -- | $5,315,143.68 | 56,496 | 2469171 |
| 0.82% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $5,235,007.50 | 294,930 | 2810133 |
| 0.82% | AVNT | AVIENT CORP | -- | $5,191,413.60 | 163,252 | BMHWY55 |
| 0.77% | SCVL | SHOE CARNIVAL INC | -- | $4,874,305.08 | 250,221 | 2805474 |
| 0.76% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $4,859,028.00 | 29,994 | 2363381 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,079,590.67 | 1,079,591 | -- |
Index
as of 9/30/2025
- Total Number of Companies106
- Price/Earnings Ratio19.31
- Price/Book Ratio1.65
- Dividend Yield ( % )3.33
- Avg. Index Market Capitalization$2.70 billion
About the Index
The Russell 2000 Dividend Growth Index is designed to measure the performance of companies in the Russell 2000 Index that have consistently increased dividends each year for at least the last 10 years.
Distributions
For
2025
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
Dividend Growers Insights and Research
Is the Small-Cap Slumber Over?
Rate Cuts and a Brighter Earnings Outlook Offer Reasons for Optimism
Read More
