SMDV

Russell 2000 Dividend Growers ETF

Why Invest in 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.

  • 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 Invest in 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.

  • 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.

Performance

Growth of $10,000

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 0.66% 7.31% 4.52% -4.51% -1.24% 2.59% 3.32% -- 7.22% 02/03/2015
SMDV NAV 0.67% 7.31% 4.56% -4.42% -1.19% 2.68% 3.35% -- 7.22% 02/03/2015
Russell 2000 Dividend Growth Index 0.70% 7.42% 4.74% -4.37% -0.85% 3.07% 3.79% -- 7.68% --

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
Characteristics
as of 2/29/2024
  • Number of Companies 102
  • Price/Earnings Ratio 17.3
  • Price/Book Ratio 1.5

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Distribution Yield 4.16%

    Distribution Yield represents the annualized yield based on the last income distribution.

  • Weighted Avg. Market Cap $2.58 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.

  • SEC 30-Day Yield 2.95%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

  • Weighted Average Yield to
    Maturity
    --
  • Net Effective Duration --
Price
as of 3/18/2024
  • NAV $61.03
  • NAV Change $-0.59 down caret
  • Market Price $61.07
  • Market Price Change $-0.53 down caret
  • Trading Volume (M) 72,906
  • 30-Day Median Bid Ask Spread 0.08%
  • View Premium / Discount
Snapshot
  • Ticker SMDV
  • Intraday Ticker SMDV.IV
  • CUSIP 74347B698
  • Inception Date 2/3/15
  • Unitary Expense Ratio 0.40%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 2/29/2024
  • Number of Companies 102
  • Price/Earnings Ratio 17.3
  • Price/Book Ratio 1.5

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Distribution Yield 4.16%

    Distribution Yield represents the annualized yield based on the last income distribution.

  • Weighted Avg. Market Cap $2.58 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.

  • SEC 30-Day Yield 2.95%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

  • Weighted Average Yield to Maturity --
  • Net Effective Duration --
Price
as of 3/18/2024
  • NAV $61.03
  • NAV Change $-0.59 down caret
  • Market Price $61.07
  • Market Price Change $-0.53 down caret
  • Trading Volume (M) 72,906
  • 30-Day Median Bid Ask Spread 0.08%
  • View Premium / Discount

Exposures

Index as of 12/29/2023 and Fund as of 3/18/2024

Holdings

as of 3/18/2024

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
1.20% ATRI ATRION CORPORATION -- $9,016,556.40 20,862 2012735
1.10% WLY WILEY (JOHN) & SONS-CLASS A -- $8,331,744.05 225,365 2965668
1.05% KALU KAISER ALUMINUM CORP -- $7,952,624.95 101,735 B15CJ33
1.05% UVV UNIVERSAL CORP/VA -- $7,935,421.20 155,292 2923804
1.03% OGS ONE GAS INC -- $7,802,557.32 125,868 BJ0KXV4
1.03% ABM ABM INDUSTRIES INC -- $7,775,518.80 181,671 2024901
1.03% HY HYSTER-YALE MATERIALS -- $7,748,181.75 130,771 B7LG306
1.02% TRN TRINITY INDUSTRIES INC -- $7,719,844.34 298,987 2904627
1.02% ARTNA ARTESIAN RESOURCES CORP-CL A -- $7,699,136.16 216,816 2418258
1.01% ALE ALLETE INC -- $7,655,969.52 132,296 B02R1L6
1.01% POR PORTLAND GENERAL ELECTRIC CO -- $7,645,167.87 186,513 B125XQ6
1.01% SXT SENSIENT TECHNOLOGIES CORP -- $7,633,713.23 112,277 2923741
1.01% NUS NU SKIN ENTERPRISES INC - A -- $7,616,939.42 592,297 2616870
1.01% NWE NORTHWESTERN ENERGY GROUP IN -- $7,615,873.92 155,712 B03PGL4
1.01% GATX GATX CORP -- $7,614,994.28 58,631 2362128
1.01% SXI STANDEX INTERNATIONAL CORP -- $7,611,415.92 42,696 2840174
1.00% GTY GETTY REALTY CORP -- $7,559,964.23 281,983 2698146
1.00% AVA AVISTA CORP -- $7,551,835.20 224,757 2942605
1.00% BKH BLACK HILLS CORP -- $7,530,336.10 145,570 2101741
1.00% SWX SOUTHWEST GAS HOLDINGS INC -- $7,523,192.45 107,551 2831888
1.00% AUB ATLANTIC UNION BANKSHARES CO -- $7,522,769.70 225,909 BFZ9DB8
1.00% CATC CAMBRIDGE BANCORP -- $7,522,454.77 119,423 2183062
1.00% PNM PNM RESOURCES INC -- $7,517,144.95 203,441 2707826
1.00% APOG APOGEE ENTERPRISES INC -- $7,515,461.47 131,137 2046176
1.00% KWR QUAKER CHEMICAL CORPORATION -- $7,514,620.38 37,798 2715186
1.00% LBAI LAKELAND BANCORP INC -- $7,512,255.63 640,431 2620031
1.00% WOR WORTHINGTON ENTERPRISES INC -- $7,510,346.34 118,797 2981932
0.99% ENSG ENSIGN GROUP INC/THE -- $7,504,421.04 61,416 B1YWPP8
0.99% MSEX MIDDLESEX WATER CO -- $7,499,805.21 145,939 2589466
0.99% HI HILLENBRAND INC -- $7,499,245.22 157,481 B2QGDP1
0.99% AIT APPLIED INDUSTRIAL TECH INC -- $7,499,109.42 38,918 2086309
0.99% CWT CALIFORNIA WATER SERVICE GRP -- $7,498,144.80 164,433 2165383
0.99% TDS TELEPHONE AND DATA SYSTEMS -- $7,496,356.90 485,830 B6YR5K3
0.99% CPK CHESAPEAKE UTILITIES CORP -- $7,482,946.99 72,983 2190750
0.99% ALG ALAMO GROUP INC -- $7,465,908.56 36,938 2021634
0.99% GBCI GLACIER BANCORP INC -- $7,460,725.82 199,538 2370585
0.99% FRME FIRST MERCHANTS CORP -- $7,445,507.40 228,530 2342410
0.99% BCPC BALCHEM CORP -- $7,444,507.07 47,761 2072074
0.99% AVNT AVIENT CORP -- $7,434,899.50 184,718 BMHWY55
0.99% CPF CENTRAL PACIFIC FINANCIAL CO -- $7,434,446.56 401,428 2230946
0.99% HNI HNI CORP -- $7,432,039.89 170,577 2435246
0.98% MATW MATTHEWS INTL CORP-CLASS A -- $7,421,080.70 262,229 2568090
0.98% FUL H.B. FULLER CO. -- $7,415,092.72 94,136 2354664
0.98% ABR ARBOR REALTY TRUST INC -- $7,411,306.19 579,461 B00N2S0
0.98% SJW SJW GROUP -- $7,405,620.39 132,741 2811932
0.98% NJR NEW JERSEY RESOURCES CORP -- $7,395,236.10 179,235 2630513
0.98% SR SPIRE INC -- $7,394,974.72 125,594 BYXJQG9
0.98% LMAT LEMAITRE VASCULAR INC -- $7,391,293.80 110,814 B1G6TJ0
0.98% HMN HORACE MANN EDUCATORS -- $7,381,666.20 209,945 2437112
0.98% FIX COMFORT SYSTEMS USA INC -- $7,370,147.40 23,810 2036047
0.97% HBNC HORIZON BANCORP INC/IN -- $7,342,904.00 624,928 2949316
0.97% AWR AMERICAN STATES WATER CO -- $7,341,406.00 104,504 2267171
0.97% JJSF J & J SNACK FOODS CORP -- $7,336,830.08 52,376 2469171
0.97% CADE CADENCE BANK -- $7,334,116.20 272,340 BMCS168
0.97% BMRC BANK OF MARIN BANCORP/CA -- $7,333,393.37 450,731 2647375
0.97% FLIC FIRST OF LONG ISLAND CORP -- $7,321,338.09 688,743 2355913
0.97% GFF GRIFFON CORP -- $7,320,976.10 104,855 2463344
0.97% STBA S & T BANCORP INC -- $7,313,778.72 243,468 2781109
0.97% EXPO EXPONENT INC -- $7,312,312.45 92,737 2330318
0.97% WTS WATTS WATER TECHNOLOGIES-A -- $7,312,088.28 36,346 2943620
0.97% FELE FRANKLIN ELECTRIC CO INC -- $7,307,230.40 72,035 2350383
0.97% PFC PREMIER FINANCIAL CORP -- $7,304,418.72 387,708 BLFBX72
0.97% SCL STEPAN CO -- $7,299,303.42 85,133 2845005
0.97% WSBC WESBANCO INC -- $7,297,500.42 262,689 2953782
0.97% BUSE FIRST BUSEY CORP -- $7,287,643.10 326,215 BZ1LBM5
0.96% NWN NORTHWEST NATURAL HOLDING CO -- $7,275,800.25 202,725 BFNR303
0.96% CAC CAMDEN NATIONAL CORP -- $7,269,315.52 238,808 2116659
0.96% ASB ASSOCIATED BANC-CORP -- $7,268,988.96 362,724 2055718
0.96% PEBO PEOPLES BANCORP INC -- $7,266,675.78 268,242 2679419
0.96% INDB INDEPENDENT BANK CORP/MA -- $7,263,293.63 146,941 2447821
0.96% UCBI UNITED COMMUNITY BANKS/GA -- $7,250,224.68 291,877 2862156
0.96% UBSI UNITED BANKSHARES INC -- $7,250,058.50 219,035 2905794
0.96% TMP TOMPKINS FINANCIAL CORP -- $7,247,471.00 154,300 2888613
0.96% FULT FULTON FINANCIAL CORP -- $7,242,134.43 489,003 2356585
0.96% KAI KADANT INC -- $7,239,627.95 22,895 2769978
0.96% CNS COHEN & STEERS INC -- $7,229,362.44 102,486 B02H882
0.96% BMI BADGER METER INC -- $7,228,236.00 46,815 2069128
0.96% NSP INSPERITY INC -- $7,218,785.92 72,976 2007281
0.95% CASS CASS INFORMATION SYSTEMS INC -- $7,195,869.90 156,330 2086558
0.95% ANDE ANDERSONS INC/THE -- $7,178,874.56 134,992 2274922
0.95% LANC LANCASTER COLONY CORP -- $7,176,312.30 36,299 2503206
0.95% POWI POWER INTEGRATIONS INC -- $7,161,654.39 102,853 2133045
0.95% SBSI SOUTHSIDE BANCSHARES INC -- $7,161,136.40 262,505 2485876
0.95% FIBK FIRST INTERSTATE BANCSYS-A -- $7,159,502.30 286,954 B4RGHN0
0.95% TRNO TERRENO REALTY CORP -- $7,158,609.00 114,300 B3N4753
0.95% MGRC MCGRATH RENTCORP -- $7,151,016.51 60,027 2551551
0.95% SPTN SPARTANNASH CO -- $7,147,802.82 360,454 BN40158
0.95% WASH WASHINGTON TRUST BANCORP -- $7,131,925.79 290,743 2942025
0.94% SFNC SIMMONS FIRST NATL CORP-CL A -- $7,125,090.00 393,000 2810133
0.94% MTRN MATERION CORP -- $7,089,015.22 55,219 2149622
0.94% SASR SANDY SPRING BANCORP INC -- $7,084,278.20 343,897 2148254
0.94% WS WORTHINGTON STEEL INC -- $7,057,718.40 240,960 BS70KN1
0.93% JOUT JOHNSON OUTDOORS INC-A -- $7,039,010.04 163,356 2476847
0.93% KW KENNEDY-WILSON HOLDINGS INC -- $7,010,212.96 850,754 B298495
0.92% CSGS CSG SYSTEMS INTL INC -- $6,971,685.63 137,319 2210885
0.92% LNN LINDSAY CORP -- $6,971,495.09 62,129 2516613
0.92% MATX MATSON INC -- $6,961,633.25 67,925 B8GNC91
0.92% WDFC WD-40 CO -- $6,917,649.50 27,905 2944742
0.91% PLOW DOUGLAS DYNAMICS INC -- $6,872,388.80 304,088 B3N5WD9
0.90% UHT UNIVERSAL HEALTH RLTY INCOME -- $6,810,589.44 192,064 2927497
0.89% OTTR OTTER TAIL CORP -- $6,704,439.42 83,482 2664103
0.80% CCOI COGENT COMMUNICATIONS HOLDIN -- $6,061,716.00 95,310 B06RWD1
-- -- NET OTHER ASSETS (LIABILITIES) -- $2,720,145.12 2,720,145 --

Index

as of 12/29/2023

  • Total Number of Companies102
  • Price/Earnings Ratio16.186
  • Price/Book Ratio1.622
  • Dividend Yield ( % )3.18
  • Avg. Index Market Capitalization$2.64 billion
About the Index

The index targets companies that are currently members of the Russell 2000 Index and have increased dividend payments each year for at least 10 years. The index contains a minimum of 40 stocks, which are equally weighted. No single sector is allowed to comprise more than 30% of the index's weight. If there are fewer than 40 stocks with at least 10 consecutive years of dividend growth, the index will include companies with shorter dividend growth histories. The index is rebalanced each March, June, September and December, with an annual reconstitution during the June rebalance.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

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For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

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.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see their summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

Investments in smaller companies typically exhibit higher volatility. Small- and mid-cap companies may have limited product lines or resources, may be dependent upon a particular market niche and may have greater fluctuations in price than the stocks of larger companies. Small- and mid-cap companies may lack the financial and personnel resources to handle economic or industry-wide setbacks and, as a result, such setbacks could have a greater effect on small- and mid-cap security prices.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

The "Russell 2000® Dividend Growth Index" and "Russell®" are trademarks of Russell Investment Group ("Russell") and have been licensed for use by ProShares. ProShares have not been passed on by Russell as to their legality or suitability. ProShares based on the Russell 2000 Dividend Growth Index are not sponsored, endorsed, sold, or promoted by Russell, and it makes no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

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