SMDV

Russell 2000 Dividend Growers ETF

SMDV invests in quality U.S. small-cap companies that have not only paid but grown dividends for 10+ years.*

How to Buy
Why SMDV?
Stability & Strength

SMDV invests in small-cap companies that have generally exhibited stable earnings, solid fundamentals, and strong histories of profitability and growth.

Weathering the Storm

Historically, SMDV has captured a significant portion of the gains from rising markets and fewer of the losses in falling markets.

Unique Offering

SMDV is the only ETF focused exclusively on dividend growers in the Russell 2000, which are high-quality companies that have increased their dividends for at least 10 consecutive years.

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 -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 10/20/2025
  • NAV
    $66.83
  • NAV Change
    $+0.97 up caret
  • Market Price
    $66.83
  • Market Price Change
    $+0.99 up caret
  • Trading Volume (M)
    11,833
  • 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 10/20/2025
  • NAV
    $66.83
  • NAV Change
    $+0.97 up caret
  • Market Price
    $66.83
  • Market Price Change
    $+0.99 up caret
  • Trading Volume (M)
    11,833
  • 30-Day Median Bid Ask Spread
    0.07%
  • View Premium / Discount

Exposures

Index as of 9/30/2025 and Fund as of 10/20/2025

Holdings

as of 10/20/2025

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
1.16% CCOI COGENT COMMUNICATIONS HOLDIN -- $7,420,597.65 167,319 B06RWD1
1.16% HI HILLENBRAND INC -- $7,403,506.32 235,256 B2QGDP1
1.15% MTRN MATERION CORP -- $7,361,251.60 54,812 2149622
1.12% SR SPIRE INC -- $7,125,437.90 81,695 BYXJQG9
1.11% SXI STANDEX INTERNATIONAL CORP -- $7,111,187.00 29,507 2840174
1.11% ANDE ANDERSONS INC/THE -- $7,081,460.52 149,052 2274922
1.10% PII POLARIS INC -- $7,038,703.84 104,308 2692933
1.08% NWN NORTHWEST NATURAL HOLDING CO -- $6,881,790.08 147,488 BFNR303
1.07% MSEX MIDDLESEX WATER CO -- $6,837,807.90 113,916 2589466
1.06% GRC GORMAN-RUPP CO -- $6,773,483.20 142,780 2379281
1.06% OGS ONE GAS INC -- $6,754,465.54 81,203 BJ0KXV4
1.05% BKH BLACK HILLS CORP -- $6,702,190.23 103,381 2101741
1.04% UTL UNITIL CORP -- $6,654,215.88 133,458 2925037
1.03% CPK CHESAPEAKE UTILITIES CORP -- $6,600,887.76 49,143 2190750
1.03% NPO ENPRO INC -- $6,583,731.96 28,132 2951292
1.03% ENSG ENSIGN GROUP INC/THE -- $6,575,581.80 35,467 B1YWPP8
1.02% ALE ALLETE INC -- $6,533,662.67 96,953 B02R1L6
1.02% AVA AVISTA CORP -- $6,528,908.65 167,365 2942605
1.02% CWT CALIFORNIA WATER SERVICE GRP -- $6,507,545.72 131,042 2165383
1.02% POR PORTLAND GENERAL ELECTRIC CO -- $6,491,164.56 144,152 B125XQ6
1.02% TRNO TERRENO REALTY CORP -- $6,490,585.14 104,451 B3N4753
1.02% NWE NORTHWESTERN ENERGY GROUP IN -- $6,482,989.44 106,488 B03PGL4
1.01% YORW YORK WATER CO -- $6,459,312.78 198,993 2425292
1.01% TR TOOTSIE ROLL INDS -- $6,451,935.60 151,170 2896809
1.00% HASI HA SUSTAINABLE INFRASTRUCTUR -- $6,411,873.90 218,910 B9HHD96
1.00% CTRE CARETRUST REIT INC -- $6,398,069.85 181,815 BMP8TL6
1.00% AWR AMERICAN STATES WATER CO -- $6,368,721.85 82,657 2267171
1.00% GATX GATX CORP -- $6,367,890.55 36,815 2362128
0.99% BMI BADGER METER INC -- $6,326,024.55 33,755 2069128
0.98% DGICA DONEGAL GROUP INC-CL A -- $6,265,707.65 327,191 2752730
0.98% MGEE MGE ENERGY INC -- $6,251,724.18 72,813 2554163
0.98% HTO H2O AMERICA -- $6,247,690.40 122,264 2811932
0.98% CSGS CSG SYSTEMS INTL INC -- $6,244,527.60 95,220 2210885
0.98% LAND GLADSTONE LAND CORP -- $6,239,648.88 687,186 B83TNY4
0.98% POWI POWER INTEGRATIONS INC -- $6,224,718.30 137,411 2133045
0.97% FELE FRANKLIN ELECTRIC CO INC -- $6,205,097.78 63,227 2350383
0.97% WTS WATTS WATER TECHNOLOGIES-A -- $6,200,524.75 22,015 2943620
0.97% TXNM TXNM ENERGY INC -- $6,191,751.78 108,513 2707826
0.97% NJR NEW JERSEY RESOURCES CORP -- $6,168,219.65 131,155 2630513
0.96% TRN TRINITY INDUSTRIES INC -- $6,119,144.46 215,919 2904627
0.95% IBCP INDEPENDENT BANK CORP - MICH -- $6,056,317.46 188,026 2492133
0.95% CADE CADENCE BANK -- $6,054,714.56 163,376 BMCS168
0.94% CNS COHEN & STEERS INC -- $6,008,991.60 85,065 B02H882
0.94% WSBC WESBANCO INC -- $6,008,253.09 191,163 2953782
0.94% HY HYSTER-YALE INC -- $5,972,792.67 163,683 B7LG306
0.93% EXPO EXPONENT INC -- $5,967,198.36 86,406 2330318
0.93% FISI FINANCIAL INSTITUTIONS INC -- $5,959,474.51 224,801 2596949
0.93% INDB INDEPENDENT BANK CORP/MA -- $5,954,480.00 86,800 2447821
0.93% UVV UNIVERSAL CORP/VA -- $5,930,812.80 111,168 2923804
0.93% AUB ATLANTIC UNION BANKSHARES CO -- $5,924,146.80 172,615 BFZ9DB8
0.92% HMN HORACE MANN EDUCATORS -- $5,899,005.84 133,341 2437112
0.92% MWA MUELLER WATER PRODUCTS INC-A -- $5,896,524.57 230,423 B15RZR4
0.92% HNI HNI CORP -- $5,893,498.84 132,082 2435246
0.92% MGRC MCGRATH RENTCORP -- $5,888,060.64 49,104 2551551
0.92% ORRF ORRSTOWN FINL SERVICES INC -- $5,878,049.15 176,465 B019FW2
0.92% GTY GETTY REALTY CORP -- $5,867,437.50 213,750 2698146
0.92% ASB ASSOCIATED BANC-CORP -- $5,865,074.16 231,638 2055718
0.92% FUL H.B. FULLER CO. -- $5,846,541.87 98,943 2354664
0.91% FCPT FOUR CORNERS PROPERTY TRUST -- $5,837,548.60 236,338 BZ16HK0
0.91% ABM ABM INDUSTRIES INC -- $5,823,381.96 127,874 2024901
0.91% BUSE FIRST BUSEY CORP -- $5,823,338.44 250,036 BZ1LBM5
0.91% TCBK TRICO BANCSHARES -- $5,786,484.84 136,764 2904133
0.91% UBSI UNITED BANKSHARES INC -- $5,775,975.00 161,250 2905794
0.90% BCPC BALCHEM CORP -- $5,773,134.07 38,291 2072074
0.90% CBU COMMUNITY FINANCIAL SYSTEM I -- $5,771,727.72 102,993 2222062
0.90% MATW MATTHEWS INTL CORP-CLASS A -- $5,739,557.52 247,822 2568090
0.90% TMP TOMPKINS FINANCIAL CORP -- $5,732,422.05 88,259 2888613
0.90% PEBO PEOPLES BANCORP INC -- $5,729,811.50 199,645 2679419
0.90% OTTR OTTER TAIL CORP -- $5,713,793.55 73,565 2664103
0.89% NBTB N B T BANCORP INC -- $5,710,012.25 140,123 2626459
0.89% KAI KADANT INC -- $5,709,043.63 18,871 2769978
0.89% GFF GRIFFON CORP -- $5,708,383.56 75,869 2463344
0.89% WLY WILEY (JOHN) & SONS-CLASS A -- $5,706,185.65 154,849 2965668
0.89% LNN LINDSAY CORP -- $5,669,968.08 43,926 2516613
0.89% MBWM MERCANTILE BANK CORP -- $5,657,655.84 126,768 2620257
0.89% UCB UNITED COMMUNITY BANKS/GA -- $5,653,394.82 185,418 2862156
0.89% KWR QUAKER CHEMICAL CORPORATION -- $5,648,306.18 42,719 2715186
0.88% MZTI MARZETTI COMPANY/THE -- $5,641,348.02 33,454 2503206
0.88% SAH SONIC AUTOMOTIVE INC-CLASS A -- $5,627,316.20 74,239 2125246
0.88% AMSF AMERISAFE INC -- $5,620,914.08 134,536 B0PPHS6
0.88% FULT FULTON FINANCIAL CORP -- $5,620,130.65 318,421 2356585
0.88% PFBC PREFERRED BANK/LOS ANGELES -- $5,611,247.00 64,795 2763602
0.88% SCL STEPAN CO -- $5,607,616.35 123,055 2845005
0.88% HFWA HERITAGE FINANCIAL CORP -- $5,601,005.73 248,823 2619880
0.88% CTBI COMMUNITY TRUST BANCORP INC -- $5,598,138.75 105,725 2706470
0.87% LMAT LEMAITRE VASCULAR INC -- $5,570,944.99 63,299 B1G6TJ0
0.87% STBA S & T BANCORP INC -- $5,564,285.14 155,906 2781109
0.87% SBSI SOUTHSIDE BANCSHARES INC -- $5,539,601.86 199,123 2485876
0.87% FRME FIRST MERCHANTS CORP -- $5,529,956.25 150,475 2342410
0.87% MATX MATSON INC -- $5,522,527.26 58,458 B8GNC91
0.86% LKFN LAKELAND FINANCIAL CORP -- $5,520,407.57 90,841 2537528
0.86% NXRT NEXPOINT RESIDENTIAL -- $5,506,751.69 180,727 BWC6PW6
0.86% COFS CHOICEONE FINANCIAL SVCS INC -- $5,504,816.98 200,686 2713395
0.86% CHCT COMMUNITY HEALTHCARE TRUST I -- $5,501,063.64 394,059 BXC87C3
0.86% WDFC WD-40 CO -- $5,462,336.44 28,292 2944742
0.85% UHT UNIVERSAL HEALTH RLTY INCOME -- $5,435,246.71 149,197 2927497
0.85% NSP INSPERITY INC -- $5,435,156.80 114,280 2007281
0.85% CASS CASS INFORMATION SYSTEMS INC -- $5,430,931.36 143,372 2086558
0.85% ALG ALAMO GROUP INC -- $5,404,887.18 29,493 2021634
0.85% APOG APOGEE ENTERPRISES INC -- $5,398,342.56 141,466 2046176
0.84% IOSP INNOSPEC INC -- $5,355,410.49 71,991 2245597
0.84% SFNC SIMMONS FIRST NATL CORP-CL A -- $5,355,293.52 295,546 2810133
0.83% JJSF J & J SNACK FOODS CORP -- $5,274,726.38 56,614 2469171
0.82% AVNT AVIENT CORP -- $5,223,556.42 163,594 BMHWY55
0.77% SCVL SHOE CARNIVAL INC -- $4,939,676.50 250,745 2805474
0.75% AGM FEDERAL AGRIC MTG CORP-CL C -- $4,788,221.36 30,056 2363381
-- -- NET OTHER ASSETS (LIABILITIES) -- $1,100,210.37 1,100,210 --

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

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital
Get the latest perspectives and updates.

*If fewer than 40 stocks meet criteria, the index may include companies with shorter dividend growth histories. Special dividend payments ore not token into consideration. There is no guarantee dividends will be paid. Companies may reduce or eliminate dividends at any time, and those that do will be dropped from the index at reconstitution.

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.

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

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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