SMDV
Russell 2000 Dividend Growers ETF
Why SMDV?
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The only ETF focusing exclusively on the best dividend growers in the Russell 2000—quality companies that have not just paid dividends but grown them for at least 10 consecutive years.
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As a group, SMDV's holdings generally have had stable earnings, solid fundamentals, and strong histories of profit and growth.
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SMDV's strategy has a demonstrated history of weathering market turbulence over time by capturing a significant portion of the gains of rising markets and fewer of the losses in falling markets.
Why SMDV?
-
The only ETF focusing exclusively on the best dividend growers in the Russell 2000—quality companies that have not just paid dividends but grown them for at least 10 consecutive years.
-
As a group, SMDV's holdings generally have had stable earnings, solid fundamentals, and strong histories of profit and growth.
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SMDV's strategy has a demonstrated history of weathering market turbulence over time by capturing a significant portion of the gains of rising markets and fewer of the losses in falling markets.
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
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
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV Market Price | 5.64% | 6.94% | 0.54% | 2.23% | 0.43% | 6.89% | 9.28% | 8.32% | 7.54% | 02/03/2015 |
| SMDV NAV | 5.56% | 6.94% | 0.52% | 2.37% | 0.45% | 6.95% | 9.28% | 8.35% | 7.54% | 02/03/2015 |
| Russell 2000 Dividend Growth Index | 5.60% | 7.06% | 0.72% | 2.63% | 0.82% | 7.35% | 9.71% | 8.81% | 8.00% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV Market Price | 1.76% | -0.22% | -2.72% | -2.72% | 7.47% | 6.39% | 8.80% | 7.29% | 7.15% | 02/03/2015 |
| SMDV NAV | 1.74% | -0.16% | -2.61% | -2.61% | 7.45% | 6.41% | 8.79% | 7.37% | 7.16% | 02/03/2015 |
| Russell 2000 Dividend Growth Index | 1.77% | -0.07% | -2.43% | -2.43% | 7.86% | 6.80% | 9.22% | 7.83% | 7.61% | -- |
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 7/31/2025- Number of Companies 107
- Price/Earnings Ratio 17.34
- Price/Book Ratio 1.59
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 $2.55 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 9/16/2025- NAV $67.09
- NAV Change $-0.42
- Market Price $67.03
- Market Price Change $-0.45
- Trading Volume (M) 18,946
- 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 7/31/2025- Number of Companies 107
- Price/Earnings Ratio 17.34
- Price/Book Ratio 1.59
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 $2.55 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 9/16/2025- NAV $67.09
- NAV Change $-0.42
- Market Price $67.03
- Market Price Change $-0.45
- Trading Volume (M) 18,946
- 30-Day Median Bid Ask Spread 0.07%
- View Premium / Discount
Exposures
Index as of 6/30/2025 and Fund as of 9/16/2025
Holdings
as of 9/16/2025
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.32% | SPTN | SPARTANNASH CO | -- | $8,577,851.76 | 323,937 | BN40158 |
| 1.29% | MTRN | MATERION CORP | -- | $8,382,089.12 | 73,072 | 2149622 |
| 1.27% | PII | POLARIS INC | -- | $8,273,960.72 | 141,532 | 2692933 |
| 1.22% | SXI | STANDEX INTERNATIONAL CORP | -- | $7,942,110.41 | 37,843 | 2840174 |
| 1.13% | TR | TOOTSIE ROLL INDS | -- | $7,321,875.82 | 177,457 | 2896809 |
| 1.07% | GRC | GORMAN-RUPP CO | -- | $6,956,458.18 | 160,546 | 2379281 |
| 1.07% | CTRE | CARETRUST REIT INC | -- | $6,940,164.85 | 203,345 | BMP8TL6 |
| 1.07% | SCVL | SHOE CARNIVAL INC | -- | $6,934,851.90 | 298,530 | 2805474 |
| 1.07% | KWR | QUAKER CHEMICAL CORPORATION | -- | $6,927,569.10 | 49,405 | 2715186 |
| 1.06% | CADE | CADENCE BANK | -- | $6,905,846.40 | 189,305 | BMCS168 |
| 1.06% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $6,859,050.22 | 24,386 | 2943620 |
| 1.05% | HI | HILLENBRAND INC | -- | $6,793,999.84 | 274,616 | B2QGDP1 |
| 1.03% | LMAT | LEMAITRE VASCULAR INC | -- | $6,701,700.50 | 72,490 | B1G6TJ0 |
| 1.03% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,679,679.82 | 261,129 | 2568090 |
| 1.02% | NPO | ENPRO INC | -- | $6,657,486.50 | 30,650 | 2951292 |
| 1.02% | ANDE | ANDERSONS INC/THE | -- | $6,632,780.60 | 165,406 | 2274922 |
| 1.02% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $6,605,288.21 | 190,409 | B019FW2 |
| 1.00% | FUL | H.B. FULLER CO. | -- | $6,529,267.44 | 105,192 | 2354664 |
| 1.00% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,497,396.64 | 187,137 | BFZ9DB8 |
| 1.00% | GFF | GRIFFON CORP | -- | $6,493,378.71 | 84,253 | 2463344 |
| 1.00% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,477,304.80 | 68,326 | 2350383 |
| 1.00% | TCBK | TRICO BANCSHARES | -- | $6,474,929.10 | 144,853 | 2904133 |
| 0.99% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $6,466,700.50 | 153,058 | 2965668 |
| 0.99% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $6,452,618.10 | 70,061 | 2763602 |
| 0.99% | ASB | ASSOCIATED BANC-CORP | -- | $6,444,306.32 | 251,338 | 2055718 |
| 0.99% | ENSG | ENSIGN GROUP INC/THE | -- | $6,408,438.30 | 38,995 | B1YWPP8 |
| 0.98% | GATX | GATX CORP | -- | $6,358,669.36 | 37,784 | 2362128 |
| 0.98% | FULT | FULTON FINANCIAL CORP | -- | $6,343,879.41 | 337,261 | 2356585 |
| 0.98% | TMP | TOMPKINS FINANCIAL CORP | -- | $6,339,975.54 | 93,386 | 2888613 |
| 0.97% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,332,000.00 | 202,624 | 2862156 |
| 0.97% | MZTI | MARZETTI COMPANY/THE | -- | $6,331,999.68 | 34,864 | 2503206 |
| 0.97% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,317,641.16 | 90,407 | 2447821 |
| 0.97% | MGRC | MCGRATH RENTCORP | -- | $6,308,243.31 | 50,951 | 2551551 |
| 0.97% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $6,306,991.50 | 247,333 | B15RZR4 |
| 0.97% | BUSE | FIRST BUSEY CORP | -- | $6,297,285.24 | 258,828 | BZ1LBM5 |
| 0.97% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $6,286,839.84 | 113,032 | 2706470 |
| 0.97% | APOG | APOGEE ENTERPRISES INC | -- | $6,285,408.72 | 148,521 | 2046176 |
| 0.97% | FRME | FIRST MERCHANTS CORP | -- | $6,284,740.05 | 159,309 | 2342410 |
| 0.96% | HMN | HORACE MANN EDUCATORS | -- | $6,248,156.08 | 136,781 | 2437112 |
| 0.96% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,230,372.40 | 97,380 | 2537528 |
| 0.96% | TRN | TRINITY INDUSTRIES INC | -- | $6,225,004.15 | 223,519 | 2904627 |
| 0.96% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,213,148.72 | 111,868 | B03PGL4 |
| 0.95% | OTTR | OTTER TAIL CORP | -- | $6,191,951.28 | 74,351 | 2664103 |
| 0.95% | MBWM | MERCANTILE BANK CORP | -- | $6,163,358.56 | 131,752 | 2620257 |
| 0.95% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $6,158,596.68 | 206,111 | 2485876 |
| 0.94% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $6,131,579.58 | 310,617 | 2810133 |
| 0.94% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,092,444.80 | 146,453 | BFNR303 |
| 0.94% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $6,091,404.55 | 76,805 | 2125246 |
| 0.94% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,088,991.67 | 216,459 | B9HHD96 |
| 0.94% | LNN | LINDSAY CORP | -- | $6,083,999.04 | 43,284 | 2516613 |
| 0.93% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,057,626.58 | 252,086 | 2619880 |
| 0.93% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,052,489.65 | 131,433 | 2630513 |
| 0.93% | SR | SPIRE INC | -- | $6,039,723.80 | 80,476 | BYXJQG9 |
| 0.93% | STBA | S & T BANCORP INC | -- | $6,014,573.90 | 158,195 | 2781109 |
| 0.92% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $6,007,753.52 | 103,297 | 2222062 |
| 0.92% | BKH | BLACK HILLS CORP | -- | $5,987,434.20 | 102,630 | 2101741 |
| 0.92% | UBSI | UNITED BANKSHARES INC | -- | $5,982,152.88 | 162,382 | 2905794 |
| 0.92% | CPK | CHESAPEAKE UTILITIES CORP | -- | $5,975,846.43 | 48,691 | 2190750 |
| 0.92% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $5,972,523.30 | 142,815 | B125XQ6 |
| 0.92% | OGS | ONE GAS INC | -- | $5,959,365.72 | 79,788 | BJ0KXV4 |
| 0.91% | FISI | FINANCIAL INSTITUTIONS INC | -- | $5,948,322.82 | 226,258 | 2596949 |
| 0.91% | NBTB | N B T BANCORP INC | -- | $5,939,864.94 | 140,522 | 2626459 |
| 0.91% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $5,934,555.96 | 199,884 | 2713395 |
| 0.91% | AVNT | AVIENT CORP | -- | $5,907,379.73 | 165,149 | BMHWY55 |
| 0.91% | TXNM | TXNM ENERGY INC | -- | $5,887,368.06 | 103,962 | 2707826 |
| 0.90% | CSGS | CSG SYSTEMS INTL INC | -- | $5,879,626.36 | 90,679 | 2210885 |
| 0.90% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,875,953.81 | 143,281 | 2927497 |
| 0.90% | PEBO | PEOPLES BANCORP INC | -- | $5,869,185.27 | 197,151 | 2679419 |
| 0.90% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $5,848,548.75 | 187,875 | 2492133 |
| 0.90% | WSBC | WESBANCO INC | -- | $5,819,642.07 | 188,277 | 2953782 |
| 0.89% | TRNO | TERRENO REALTY CORP | -- | $5,815,698.40 | 99,244 | B3N4753 |
| 0.89% | DGICA | DONEGAL GROUP INC-CL A | -- | $5,813,445.12 | 305,328 | 2752730 |
| 0.89% | CASS | CASS INFORMATION SYSTEMS INC | -- | $5,794,824.00 | 137,972 | 2086558 |
| 0.88% | ABM | ABM INDUSTRIES INC | -- | $5,702,419.54 | 127,343 | 2024901 |
| 0.88% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $5,698,880.50 | 30,557 | 2363381 |
| 0.88% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $5,690,035.83 | 126,361 | 2165383 |
| 0.87% | ALG | ALAMO GROUP INC | -- | $5,684,346.40 | 27,688 | 2021634 |
| 0.87% | AMSF | AMERISAFE INC | -- | $5,656,190.23 | 130,357 | B0PPHS6 |
| 0.87% | ALE | ALLETE INC | -- | $5,653,036.45 | 90,521 | B02R1L6 |
| 0.87% | KAI | KADANT INC | -- | $5,649,251.20 | 18,280 | 2769978 |
| 0.86% | HNI | HNI CORP | -- | $5,604,899.78 | 123,293 | 2435246 |
| 0.86% | GTY | GETTY REALTY CORP | -- | $5,577,150.56 | 200,906 | 2698146 |
| 0.85% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,558,572.04 | 172,252 | BWC6PW6 |
| 0.85% | AVA | AVISTA CORP | -- | $5,537,161.35 | 155,757 | 2942605 |
| 0.85% | BCPC | BALCHEM CORP | -- | $5,521,025.12 | 35,984 | 2072074 |
| 0.85% | MGEE | MGE ENERGY INC | -- | $5,513,248.00 | 66,265 | 2554163 |
| 0.85% | IOSP | INNOSPEC INC | -- | $5,496,184.26 | 67,662 | 2245597 |
| 0.84% | YORW | YORK WATER CO | -- | $5,440,212.54 | 180,558 | 2425292 |
| 0.84% | EXPO | EXPONENT INC | -- | $5,435,026.37 | 78,011 | 2330318 |
| 0.84% | MATX | MATSON INC | -- | $5,428,906.99 | 51,493 | B8GNC91 |
| 0.83% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,406,702.18 | 213,114 | BZ16HK0 |
| 0.83% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,385,715.36 | 351,548 | BXC87C3 |
| 0.83% | AWR | AMERICAN STATES WATER CO | -- | $5,364,716.96 | 75,052 | 2267171 |
| 0.83% | MSEX | MIDDLESEX WATER CO | -- | $5,363,921.19 | 103,371 | 2589466 |
| 0.82% | UVV | UNIVERSAL CORP/VA | -- | $5,358,442.32 | 96,653 | 2923804 |
| 0.82% | HTO | H2O AMERICA | -- | $5,330,187.23 | 110,333 | 2811932 |
| 0.81% | CNS | COHEN & STEERS INC | -- | $5,291,890.12 | 76,274 | B02H882 |
| 0.81% | JJSF | J & J SNACK FOODS CORP | -- | $5,259,531.06 | 50,802 | 2469171 |
| 0.80% | SCL | STEPAN CO | -- | $5,168,910.18 | 105,942 | 2845005 |
| 0.79% | LAND | GLADSTONE LAND CORP | -- | $5,160,096.48 | 577,192 | B83TNY4 |
| 0.79% | HY | HYSTER-YALE INC | -- | $5,149,098.99 | 143,389 | B7LG306 |
| 0.77% | WDFC | WD-40 CO | -- | $5,010,083.55 | 24,005 | 2944742 |
| 0.77% | UTL | UNITIL CORP | -- | $5,007,525.12 | 110,688 | 2925037 |
| 0.77% | NSP | INSPERITY INC | -- | $4,975,067.68 | 96,118 | 2007281 |
| 0.71% | CCOI | COGENT COMMUNICATIONS HOLDIN | -- | $4,633,292.30 | 122,899 | B06RWD1 |
| 0.71% | POWI | POWER INTEGRATIONS INC | -- | $4,620,635.05 | 102,385 | 2133045 |
| 0.66% | BMI | BADGER METER INC | -- | $4,271,725.00 | 24,100 | 2069128 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $2,100,702.02 | 2,100,702 | -- |
Index
as of 6/30/2025
- Total Number of Companies107
- Price/Earnings Ratio17.72
- Price/Book Ratio1.59
- Dividend Yield ( % )3.18
- Avg. Index Market Capitalization$2.59 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
- 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 |
|---|
