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 9/17/2025- NAV $67.16
- NAV Change $+0.07
- Market Price $67.14
- Market Price Change $+0.11
- Trading Volume (M) 19,451
- 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 9/17/2025- NAV $67.16
- NAV Change $+0.07
- Market Price $67.14
- Market Price Change $+0.11
- Trading Volume (M) 19,451
- 30-Day Median Bid Ask Spread 0.07%
- View Premium / Discount
Exposures
Index as of 6/30/2025 and Fund as of 9/17/2025
Holdings
as of 9/17/2025
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.32% | MTRN | MATERION CORP | -- | $8,579,376.96 | 73,128 | 2149622 |
| 1.31% | SPTN | SPARTANNASH CO | -- | $8,552,026.68 | 324,186 | BN40158 |
| 1.24% | PII | POLARIS INC | -- | $8,094,783.15 | 141,641 | 2692933 |
| 1.19% | SXI | STANDEX INTERNATIONAL CORP | -- | $7,754,292.00 | 37,872 | 2840174 |
| 1.14% | TR | TOOTSIE ROLL INDS | -- | $7,387,910.40 | 177,594 | 2896809 |
| 1.08% | GRC | GORMAN-RUPP CO | -- | $7,000,391.90 | 160,670 | 2379281 |
| 1.07% | CADE | CADENCE BANK | -- | $6,981,269.35 | 189,451 | BMCS168 |
| 1.07% | CTRE | CARETRUST REIT INC | -- | $6,976,048.56 | 203,502 | BMP8TL6 |
| 1.06% | SCVL | SHOE CARNIVAL INC | -- | $6,928,244.40 | 298,760 | 2805474 |
| 1.06% | KWR | QUAKER CHEMICAL CORPORATION | -- | $6,918,558.99 | 49,443 | 2715186 |
| 1.05% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $6,836,328.60 | 24,405 | 2943620 |
| 1.03% | NPO | ENPRO INC | -- | $6,683,557.86 | 30,674 | 2951292 |
| 1.03% | LMAT | LEMAITRE VASCULAR INC | -- | $6,682,212.06 | 72,546 | B1G6TJ0 |
| 1.02% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $6,648,498.84 | 190,556 | B019FW2 |
| 1.02% | HI | HILLENBRAND INC | -- | $6,617,834.16 | 274,827 | B2QGDP1 |
| 1.01% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,596,036.82 | 187,281 | BFZ9DB8 |
| 1.00% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,533,250.00 | 261,330 | 2568090 |
| 1.00% | ANDE | ANDERSONS INC/THE | -- | $6,531,932.18 | 165,533 | 2274922 |
| 1.00% | TCBK | TRICO BANCSHARES | -- | $6,530,673.25 | 144,965 | 2904133 |
| 1.00% | ASB | ASSOCIATED BANC-CORP | -- | $6,519,709.44 | 251,532 | 2055718 |
| 1.00% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $6,482,131.75 | 70,115 | 2763602 |
| 1.00% | ENSG | ENSIGN GROUP INC/THE | -- | $6,475,808.50 | 39,025 | B1YWPP8 |
| 0.99% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,455,661.39 | 68,379 | 2350383 |
| 0.99% | FULT | FULTON FINANCIAL CORP | -- | $6,433,131.20 | 337,520 | 2356585 |
| 0.98% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,399,736.80 | 202,780 | 2862156 |
| 0.98% | GATX | GATX CORP | -- | $6,395,312.69 | 37,813 | 2362128 |
| 0.98% | FUL | H.B. FULLER CO. | -- | $6,393,229.29 | 105,273 | 2354664 |
| 0.98% | TMP | TOMPKINS FINANCIAL CORP | -- | $6,391,592.62 | 93,458 | 2888613 |
| 0.98% | GFF | GRIFFON CORP | -- | $6,387,931.68 | 84,318 | 2463344 |
| 0.98% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,374,104.65 | 90,477 | 2447821 |
| 0.98% | FRME | FIRST MERCHANTS CORP | -- | $6,353,365.20 | 159,432 | 2342410 |
| 0.98% | BUSE | FIRST BUSEY CORP | -- | $6,346,161.50 | 259,027 | BZ1LBM5 |
| 0.97% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $6,344,844.71 | 113,119 | 2706470 |
| 0.97% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $6,321,573.52 | 153,176 | 2965668 |
| 0.97% | MZTI | MARZETTI COMPANY/THE | -- | $6,297,651.05 | 34,891 | 2503206 |
| 0.97% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,296,567.55 | 97,455 | 2537528 |
| 0.96% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $6,264,807.13 | 247,523 | B15RZR4 |
| 0.96% | HMN | HORACE MANN EDUCATORS | -- | $6,263,903.36 | 136,886 | 2437112 |
| 0.96% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,258,228.60 | 111,954 | B03PGL4 |
| 0.96% | MGRC | MCGRATH RENTCORP | -- | $6,219,760.20 | 50,990 | 2551551 |
| 0.95% | TRN | TRINITY INDUSTRIES INC | -- | $6,205,188.34 | 223,691 | 2904627 |
| 0.95% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $6,183,974.60 | 206,270 | 2485876 |
| 0.95% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,177,756.90 | 146,566 | BFNR303 |
| 0.95% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $6,176,775.75 | 103,377 | 2222062 |
| 0.95% | MBWM | MERCANTILE BANK CORP | -- | $6,169,401.87 | 131,853 | 2620257 |
| 0.95% | OTTR | OTTER TAIL CORP | -- | $6,155,773.84 | 74,408 | 2664103 |
| 0.94% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $6,145,623.12 | 310,856 | 2810133 |
| 0.94% | APOG | APOGEE ENTERPRISES INC | -- | $6,139,368.68 | 148,635 | 2046176 |
| 0.94% | SR | SPIRE INC | -- | $6,125,720.28 | 80,538 | BYXJQG9 |
| 0.94% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,115,267.20 | 252,280 | 2619880 |
| 0.94% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,104,492.94 | 131,534 | 2630513 |
| 0.94% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,087,190.60 | 216,626 | B9HHD96 |
| 0.93% | STBA | S & T BANCORP INC | -- | $6,076,206.46 | 158,317 | 2781109 |
| 0.93% | CPK | CHESAPEAKE UTILITIES CORP | -- | $6,064,324.05 | 48,729 | 2190750 |
| 0.93% | LNN | LINDSAY CORP | -- | $6,048,785.88 | 43,317 | 2516613 |
| 0.93% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $6,045,727.50 | 142,925 | B125XQ6 |
| 0.93% | UBSI | UNITED BANKSHARES INC | -- | $6,038,760.12 | 162,507 | 2905794 |
| 0.92% | NBTB | N B T BANCORP INC | -- | $6,014,745.10 | 140,630 | 2626459 |
| 0.92% | OGS | ONE GAS INC | -- | $6,010,234.23 | 79,849 | BJ0KXV4 |
| 0.92% | BKH | BLACK HILLS CORP | -- | $6,007,449.41 | 102,709 | 2101741 |
| 0.92% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $5,996,160.64 | 76,864 | 2125246 |
| 0.92% | FISI | FINANCIAL INSTITUTIONS INC | -- | $5,982,333.44 | 226,432 | 2596949 |
| 0.92% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $5,977,135.44 | 200,038 | 2713395 |
| 0.92% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,967,933.42 | 143,391 | 2927497 |
| 0.92% | CSGS | CSG SYSTEMS INTL INC | -- | $5,964,478.03 | 90,749 | 2210885 |
| 0.91% | PEBO | PEOPLES BANCORP INC | -- | $5,946,712.42 | 197,303 | 2679419 |
| 0.91% | AVNT | AVIENT CORP | -- | $5,931,755.64 | 165,276 | BMHWY55 |
| 0.90% | TXNM | TXNM ENERGY INC | -- | $5,889,817.62 | 104,042 | 2707826 |
| 0.90% | WSBC | WESBANCO INC | -- | $5,869,345.30 | 188,422 | 2953782 |
| 0.90% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $5,864,343.80 | 188,020 | 2492133 |
| 0.90% | DGICA | DONEGAL GROUP INC-CL A | -- | $5,851,531.45 | 305,563 | 2752730 |
| 0.89% | ALE | ALLETE INC | -- | $5,814,130.38 | 90,591 | B02R1L6 |
| 0.89% | CASS | CASS INFORMATION SYSTEMS INC | -- | $5,813,083.80 | 138,078 | 2086558 |
| 0.88% | TRNO | TERRENO REALTY CORP | -- | $5,750,628.00 | 99,320 | B3N4753 |
| 0.88% | AMSF | AMERISAFE INC | -- | $5,749,239.99 | 130,457 | B0PPHS6 |
| 0.88% | ABM | ABM INDUSTRIES INC | -- | $5,748,863.51 | 127,441 | 2024901 |
| 0.88% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $5,718,430.76 | 126,458 | 2165383 |
| 0.87% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $5,684,090.47 | 30,581 | 2363381 |
| 0.86% | AVA | AVISTA CORP | -- | $5,617,807.08 | 155,877 | 2942605 |
| 0.86% | ALG | ALAMO GROUP INC | -- | $5,590,013.66 | 27,709 | 2021634 |
| 0.86% | GTY | GETTY REALTY CORP | -- | $5,587,485.19 | 201,061 | 2698146 |
| 0.85% | MGEE | MGE ENERGY INC | -- | $5,544,017.60 | 66,316 | 2554163 |
| 0.85% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,543,901.60 | 172,385 | BWC6PW6 |
| 0.85% | HNI | HNI CORP | -- | $5,522,846.88 | 123,388 | 2435246 |
| 0.85% | KAI | KADANT INC | -- | $5,503,201.08 | 18,294 | 2769978 |
| 0.85% | YORW | YORK WATER CO | -- | $5,502,223.65 | 180,697 | 2425292 |
| 0.84% | BCPC | BALCHEM CORP | -- | $5,496,151.44 | 36,012 | 2072074 |
| 0.84% | MATX | MATSON INC | -- | $5,468,166.63 | 51,533 | B8GNC91 |
| 0.84% | IOSP | INNOSPEC INC | -- | $5,459,102.68 | 67,714 | 2245597 |
| 0.84% | MSEX | MIDDLESEX WATER CO | -- | $5,452,902.21 | 103,451 | 2589466 |
| 0.84% | UVV | UNIVERSAL CORP/VA | -- | $5,451,533.72 | 96,727 | 2923804 |
| 0.83% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,419,393.98 | 213,278 | BZ16HK0 |
| 0.83% | AWR | AMERICAN STATES WATER CO | -- | $5,389,142.50 | 75,110 | 2267171 |
| 0.83% | EXPO | EXPONENT INC | -- | $5,386,118.29 | 78,071 | 2330318 |
| 0.82% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,358,188.14 | 351,818 | BXC87C3 |
| 0.82% | HTO | H2O AMERICA | -- | $5,357,481.36 | 110,418 | 2811932 |
| 0.81% | CNS | COHEN & STEERS INC | -- | $5,293,693.55 | 76,333 | B02H882 |
| 0.80% | LAND | GLADSTONE LAND CORP | -- | $5,198,715.00 | 577,635 | B83TNY4 |
| 0.80% | SCL | STEPAN CO | -- | $5,181,392.88 | 106,024 | 2845005 |
| 0.79% | HY | HYSTER-YALE INC | -- | $5,173,138.95 | 143,499 | B7LG306 |
| 0.79% | JJSF | J & J SNACK FOODS CORP | -- | $5,170,529.70 | 50,841 | 2469171 |
| 0.78% | WDFC | WD-40 CO | -- | $5,096,599.57 | 24,023 | 2944742 |
| 0.77% | UTL | UNITIL CORP | -- | $5,031,309.66 | 110,773 | 2925037 |
| 0.76% | NSP | INSPERITY INC | -- | $4,937,535.36 | 96,192 | 2007281 |
| 0.71% | CCOI | COGENT COMMUNICATIONS HOLDIN | -- | $4,630,724.10 | 122,994 | B06RWD1 |
| 0.70% | POWI | POWER INTEGRATIONS INC | -- | $4,568,869.76 | 102,464 | 2133045 |
| 0.64% | BMI | BADGER METER INC | -- | $4,164,627.73 | 24,119 | 2069128 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,593,875.88 | 1,593,876 | -- |
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 |
|---|
