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
ETF & Index
Prospectus & Regulatory
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 11/30/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | 2.80% | -1.58% | 5.25% | 0.75% | -8.16% | 3.56% | 6.70% | 7.20% | 7.20% | 02/03/2015 |
| SMDV Market Price | 2.73% | -1.55% | 5.28% | 0.64% | -8.34% | 3.57% | 6.69% | 7.19% | 7.20% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | 2.84% | -1.49% | 5.47% | 1.11% | -7.82% | 3.94% | 7.12% | 7.66% | 7.66% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | -1.98% | 3.03% | 2.86% | 0.34% | -1.20% | 9.33% | 9.98% | 8.16% | 7.28% | 02/03/2015 |
| SMDV Market Price | -1.89% | 3.10% | 2.87% | 0.30% | -1.23% | 9.30% | 9.97% | 8.22% | 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 11/30/2025- Number of Companies 106
- Price/Earnings Ratio 18.6
- 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 $2.69 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 12/24/2025- NAV $67.43
- NAV Change $-0.37
- Market Price $67.43
- Market Price Change $+0.20
- Trading Volume (M) 16,010
- 30-Day Median Bid Ask Spread 0.09%
- 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 11/30/2025- Number of Companies 106
- Price/Earnings Ratio 18.6
- 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 $2.69 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 12/24/2025- NAV $67.43
- NAV Change $-0.37
- Market Price $67.43
- Market Price Change $+0.20
- Trading Volume (M) 16,010
- 30-Day Median Bid Ask Spread 0.09%
- View Premium / Discount
Exposures
Index as of 9/30/2025 and Fund as of 12/24/2025
Holdings
as of 12/24/2025
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.03% | NSP | INSPERITY INC | -- | $6,477,524.40 | 168,510 | 2007281 |
| 1.02% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,431,232.28 | 241,594 | 2568090 |
| 1.02% | ANDE | ANDERSONS INC/THE | -- | $6,384,397.60 | 118,405 | 2274922 |
| 1.02% | GRC | GORMAN-RUPP CO | -- | $6,375,894.00 | 128,030 | 2379281 |
| 1.01% | WDFC | WD-40 CO | -- | $6,361,219.83 | 31,047 | 2944742 |
| 1.01% | HMN | HORACE MANN EDUCATORS | -- | $6,342,148.87 | 135,719 | 2437112 |
| 1.01% | MATX | MATSON INC | -- | $6,336,990.00 | 50,875 | B8GNC91 |
| 1.00% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,298,527.30 | 172,185 | BFZ9DB8 |
| 1.00% | FULT | FULTON FINANCIAL CORP | -- | $6,292,294.26 | 311,654 | 2356585 |
| 1.00% | KWR | QUAKER CHEMICAL CORPORATION | -- | $6,286,061.40 | 43,980 | 2715186 |
| 1.00% | CADE | CADENCE BANK | -- | $6,268,734.36 | 142,926 | BMCS168 |
| 1.00% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $6,253,652.21 | 62,933 | 2763602 |
| 1.00% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,253,552.20 | 62,913 | 2350383 |
| 0.99% | ALG | ALAMO GROUP INC | -- | $6,244,230.87 | 35,967 | 2021634 |
| 0.99% | MBWM | MERCANTILE BANK CORP | -- | $6,235,488.31 | 127,177 | 2620257 |
| 0.99% | WSBC | WESBANCO INC | -- | $6,200,458.68 | 181,194 | 2953782 |
| 0.99% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,189,856.80 | 190,340 | 2862156 |
| 0.99% | DGICA | DONEGAL GROUP INC-CL A | -- | $6,187,428.72 | 305,703 | 2752730 |
| 0.98% | MGRC | MCGRATH RENTCORP | -- | $6,182,124.20 | 57,428 | 2551551 |
| 0.98% | BCPC | BALCHEM CORP | -- | $6,177,951.90 | 39,345 | 2072074 |
| 0.98% | SCL | STEPAN CO | -- | $6,174,487.89 | 131,121 | 2845005 |
| 0.98% | IOSP | INNOSPEC INC | -- | $6,164,371.08 | 78,909 | 2245597 |
| 0.98% | GATX | GATX CORP | -- | $6,164,219.04 | 35,394 | 2362128 |
| 0.98% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $6,162,482.50 | 21,718 | 2943620 |
| 0.98% | AMSF | AMERISAFE INC | -- | $6,162,168.58 | 159,559 | B0PPHS6 |
| 0.98% | UBSI | UNITED BANKSHARES INC | -- | $6,161,311.76 | 155,746 | 2905794 |
| 0.98% | FUL | H.B. FULLER CO. | -- | $6,158,738.88 | 101,831 | 2354664 |
| 0.98% | SCVL | SHOE CARNIVAL INC | -- | $6,157,751.04 | 337,596 | 2805474 |
| 0.98% | TMP | TOMPKINS FINANCIAL CORP | -- | $6,127,871.43 | 82,597 | 2888613 |
| 0.98% | MZTI | MARZETTI COMPANY/THE | -- | $6,126,274.31 | 37,019 | 2503206 |
| 0.98% | HNI | HNI CORP | -- | $6,125,531.97 | 144,709 | 2435246 |
| 0.98% | FISI | FINANCIAL INSTITUTIONS INC | -- | $6,121,003.90 | 191,881 | 2596949 |
| 0.97% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $6,107,326.75 | 387,275 | BXC87C3 |
| 0.97% | HTO | H2O AMERICA | -- | $6,105,543.60 | 123,594 | 2811932 |
| 0.97% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $6,105,387.75 | 317,163 | 2810133 |
| 0.97% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,087,916.81 | 80,411 | 2447821 |
| 0.97% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,086,990.70 | 131,355 | 2630513 |
| 0.97% | FRME | FIRST MERCHANTS CORP | -- | $6,083,268.75 | 158,625 | 2342410 |
| 0.97% | GFF | GRIFFON CORP | -- | $6,068,818.98 | 80,127 | 2463344 |
| 0.97% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $6,059,093.75 | 193,891 | 2485876 |
| 0.96% | AVNT | AVIENT CORP | -- | $6,050,723.84 | 192,944 | BMHWY55 |
| 0.96% | MTRN | MATERION CORP | -- | $6,048,964.20 | 47,276 | 2149622 |
| 0.96% | KAI | KADANT INC | -- | $6,038,706.92 | 20,558 | 2769978 |
| 0.96% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $6,037,566.08 | 103,667 | 2706470 |
| 0.96% | UVV | UNIVERSAL CORP/VA | -- | $6,033,635.96 | 113,329 | 2923804 |
| 0.96% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,030,251.22 | 128,058 | BFNR303 |
| 0.96% | POWI | POWER INTEGRATIONS INC | -- | $6,026,906.08 | 162,188 | 2133045 |
| 0.96% | UTL | UNITIL CORP | -- | $6,022,855.62 | 123,698 | 2925037 |
| 0.96% | NBTB | N B T BANCORP INC | -- | $6,020,145.34 | 140,954 | 2626459 |
| 0.96% | ASB | ASSOCIATED BANC-CORP | -- | $6,018,911.55 | 226,701 | 2055718 |
| 0.96% | CNS | COHEN & STEERS INC | -- | $6,018,544.00 | 95,200 | B02H882 |
| 0.96% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,017,135.41 | 245,297 | 2619880 |
| 0.96% | BUSE | FIRST BUSEY CORP | -- | $6,010,181.98 | 246,521 | BZ1LBM5 |
| 0.96% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $6,008,658.62 | 256,561 | BZ16HK0 |
| 0.96% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,006,817.31 | 101,621 | 2537528 |
| 0.96% | PEBO | PEOPLES BANCORP INC | -- | $6,001,689.62 | 195,686 | 2679419 |
| 0.96% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $6,001,636.94 | 33,683 | 2363381 |
| 0.96% | BMI | BADGER METER INC | -- | $6,000,783.60 | 32,872 | 2069128 |
| 0.96% | STBA | S & T BANCORP INC | -- | $5,996,662.96 | 147,592 | 2781109 |
| 0.95% | SR | SPIRE INC | -- | $5,994,714.20 | 71,836 | BYXJQG9 |
| 0.95% | TXNM | TXNM ENERGY INC | -- | $5,994,684.45 | 101,691 | 2707826 |
| 0.95% | TCBK | TRICO BANCSHARES | -- | $5,994,513.48 | 123,828 | 2904133 |
| 0.95% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $5,981,669.64 | 241,002 | B15RZR4 |
| 0.95% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $5,962,885.32 | 100,929 | 2222062 |
| 0.95% | OTTR | OTTER TAIL CORP | -- | $5,958,982.35 | 72,099 | 2664103 |
| 0.95% | TRN | TRINITY INDUSTRIES INC | -- | $5,957,847.74 | 214,157 | 2904627 |
| 0.95% | AWR | AMERICAN STATES WATER CO | -- | $5,952,990.12 | 80,927 | 2267171 |
| 0.94% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $5,926,762.80 | 176,760 | 2492133 |
| 0.94% | MGEE | MGE ENERGY INC | -- | $5,921,446.14 | 75,279 | 2554163 |
| 0.94% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $5,917,716.70 | 91,990 | 2125246 |
| 0.94% | CSGS | CSG SYSTEMS INTL INC | -- | $5,916,762.45 | 76,891 | 2210885 |
| 0.94% | APOG | APOGEE ENTERPRISES INC | -- | $5,916,685.50 | 157,275 | 2046176 |
| 0.94% | LNN | LINDSAY CORP | -- | $5,909,837.85 | 49,809 | 2516613 |
| 0.94% | LMAT | LEMAITRE VASCULAR INC | -- | $5,908,185.68 | 70,052 | B1G6TJ0 |
| 0.94% | JJSF | J & J SNACK FOODS CORP | -- | $5,901,891.64 | 65,092 | 2469171 |
| 0.94% | MSEX | MIDDLESEX WATER CO | -- | $5,899,700.40 | 114,070 | 2589466 |
| 0.94% | TR | TOOTSIE ROLL INDS | -- | $5,894,660.34 | 157,527 | 2896809 |
| 0.94% | HI | HILLENBRAND INC | -- | $5,893,547.75 | 185,975 | B2QGDP1 |
| 0.94% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,893,139.85 | 148,629 | 2927497 |
| 0.94% | OGS | ONE GAS INC | -- | $5,887,533.60 | 75,192 | BJ0KXV4 |
| 0.94% | BKH | BLACK HILLS CORP | -- | $5,879,984.25 | 84,665 | 2101741 |
| 0.94% | ENSG | ENSIGN GROUP INC/THE | -- | $5,877,831.52 | 33,272 | B1YWPP8 |
| 0.94% | GTY | GETTY REALTY CORP | -- | $5,869,496.85 | 212,010 | 2698146 |
| 0.94% | AVA | AVISTA CORP | -- | $5,869,458.90 | 152,970 | 2942605 |
| 0.93% | NPO | ENPRO INC | -- | $5,863,943.88 | 26,127 | 2951292 |
| 0.93% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $5,848,810.83 | 177,183 | B9HHD96 |
| 0.93% | YORW | YORK WATER CO | -- | $5,843,686.20 | 178,706 | 2425292 |
| 0.93% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $5,832,929.13 | 90,307 | B03PGL4 |
| 0.93% | PII | POLARIS INC | -- | $5,818,787.48 | 87,791 | 2692933 |
| 0.93% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $5,815,345.50 | 121,915 | B125XQ6 |
| 0.93% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,813,587.21 | 199,711 | BWC6PW6 |
| 0.92% | EXPO | EXPONENT INC | -- | $5,804,111.67 | 80,871 | 2330318 |
| 0.92% | CTRE | CARETRUST REIT INC | -- | $5,803,625.65 | 157,067 | BMP8TL6 |
| 0.92% | CASS | CASS INFORMATION SYSTEMS INC | -- | $5,800,629.25 | 137,293 | 2086558 |
| 0.92% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $5,793,205.86 | 160,299 | B019FW2 |
| 0.92% | CPK | CHESAPEAKE UTILITIES CORP | -- | $5,789,858.31 | 45,853 | 2190750 |
| 0.92% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $5,776,450.23 | 189,485 | 2713395 |
| 0.92% | LAND | GLADSTONE LAND CORP | -- | $5,752,815.90 | 648,570 | B83TNY4 |
| 0.92% | TRNO | TERRENO REALTY CORP | -- | $5,752,219.00 | 95,078 | B3N4753 |
| 0.91% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $5,722,246.91 | 182,761 | 2965668 |
| 0.91% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $5,711,639.31 | 131,939 | 2165383 |
| 0.89% | SXI | STANDEX INTERNATIONAL CORP | -- | $5,612,072.04 | 24,462 | 2840174 |
| 0.89% | ABM | ABM INDUSTRIES INC | -- | $5,595,031.26 | 132,678 | 2024901 |
| 0.86% | HY | HYSTER-YALE INC | -- | $5,418,973.60 | 175,088 | B7LG306 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,802,843.25 | 1,802,843 | -- |
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
