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 3/28/2024
  • NAV $64.07
  • NAV Change $+0.38 up caret
  • Market Price $64.02
  • Market Price Change $+0.39 up caret
  • Trading Volume (M) 67,419
  • 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 3/28/2024
  • NAV $64.07
  • NAV Change $+0.38 up caret
  • Market Price $64.02
  • Market Price Change $+0.39 up caret
  • Trading Volume (M) 67,419
  • 30-Day Median Bid Ask Spread 0.08%
  • View Premium / Discount

Exposures

Index as of 12/29/2023 and Fund as of 3/28/2024

Holdings

as of 3/28/2024

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
1.22% ATRI ATRION CORPORATION -- $9,592,703.70 20,694 2012735
1.14% KALU KAISER ALUMINUM CORP -- $9,018,300.56 100,921 B15CJ33
1.09% WS WORTHINGTON STEEL INC -- $8,569,368.90 239,034 BS70KN1
1.08% WLY WILEY (JOHN) & SONS-CLASS A -- $8,524,571.58 223,566 2965668
1.06% ALG ALAMO GROUP INC -- $8,366,239.53 36,641 2021634
1.06% HY HYSTER-YALE MATERIALS -- $8,324,581.59 129,727 B7LG306
1.05% TRN TRINITY INDUSTRIES INC -- $8,260,337.85 296,601 2904627
1.03% NUS NU SKIN ENTERPRISES INC - A -- $8,126,065.44 587,568 2616870
1.03% SWX SOUTHWEST GAS HOLDINGS INC -- $8,122,614.22 106,694 2831888
1.03% MATW MATTHEWS INTL CORP-CLASS A -- $8,084,964.72 260,134 2568090
1.02% CATC CAMBRIDGE BANCORP -- $8,074,847.04 118,469 2183062
1.02% OGS ONE GAS INC -- $8,057,473.92 124,864 BJ0KXV4
1.02% ABM ABM INDUSTRIES INC -- $8,041,416.40 180,220 2024901
1.01% ARTNA ARTESIAN RESOURCES CORP-CL A -- $7,981,841.46 215,086 2418258
1.01% GBCI GLACIER BANCORP INC -- $7,973,305.16 197,947 2370585
1.01% UVV UNIVERSAL CORP/VA -- $7,967,517.72 154,051 2923804
1.01% HBNC HORIZON BANCORP INC/IN -- $7,953,830.20 619,940 2949316
1.01% AVNT AVIENT CORP -- $7,952,833.00 183,245 BMHWY55
1.01% CAC CAMDEN NATIONAL CORP -- $7,940,921.52 236,901 2116659
1.01% NSP INSPERITY INC -- $7,934,887.12 72,392 2007281
1.00% AUB ATLANTIC UNION BANKSHARES CO -- $7,913,076.93 224,103 BFZ9DB8
1.00% FRME FIRST MERCHANTS CORP -- $7,911,969.60 226,704 2342410
1.00% SASR SANDY SPRING BANCORP INC -- $7,907,926.54 341,153 2148254
1.00% BKH BLACK HILLS CORP -- $7,884,676.80 144,408 2101741
1.00% PEBO PEOPLES BANCORP INC -- $7,879,161.78 266,098 2679419
1.00% NWE NORTHWESTERN ENERGY GROUP IN -- $7,867,106.17 154,469 B03PGL4
1.00% CPF CENTRAL PACIFIC FINANCIAL CO -- $7,864,864.75 398,221 2230946
1.00% HI HILLENBRAND INC -- $7,856,354.09 156,221 B2QGDP1
0.99% CADE CADENCE BANK -- $7,834,785.00 270,165 BMCS168
0.99% ALE ALLETE INC -- $7,827,213.24 131,241 B02R1L6
0.99% CNS COHEN & STEERS INC -- $7,817,329.41 101,669 B02H882
0.99% AVA AVISTA CORP -- $7,808,094.22 222,961 2942605
0.99% PFC PREMIER FINANCIAL CORP -- $7,807,603.30 384,611 BLFBX72
0.99% GATX GATX CORP -- $7,795,586.89 58,163 2362128
0.99% BUSE FIRST BUSEY CORP -- $7,782,844.55 323,611 BZ1LBM5
0.99% UBSI UNITED BANKSHARES INC -- $7,776,665.94 217,286 2905794
0.99% POR PORTLAND GENERAL ELECTRIC CO -- $7,770,966.00 185,023 B125XQ6
0.99% CPK CHESAPEAKE UTILITIES CORP -- $7,768,412.70 72,399 2190750
0.99% WSBC WESBANCO INC -- $7,768,247.52 260,592 2953782
0.98% WASH WASHINGTON TRUST BANCORP -- $7,752,729.60 288,420 2942025
0.98% STBA S & T BANCORP INC -- $7,748,025.76 241,522 2781109
0.98% FIBK FIRST INTERSTATE BANCSYS-A -- $7,745,625.81 284,661 B4RGHN0
0.98% ASB ASSOCIATED BANC-CORP -- $7,739,964.81 359,831 2055718
0.98% TDS TELEPHONE AND DATA SYSTEMS -- $7,720,903.08 481,954 B6YR5K3
0.98% SXI STANDEX INTERNATIONAL CORP -- $7,718,292.54 42,357 2840174
0.98% FULT FULTON FINANCIAL CORP -- $7,708,223.11 485,099 2356585
0.98% SXT SENSIENT TECHNOLOGIES CORP -- $7,706,520.58 111,382 2923741
0.98% HMN HORACE MANN EDUCATORS -- $7,703,796.33 208,267 2437112
0.98% APOG APOGEE ENTERPRISES INC -- $7,701,446.40 130,092 2046176
0.98% TMP TOMPKINS FINANCIAL CORP -- $7,697,789.72 153,068 2888613
0.98% KWR QUAKER CHEMICAL CORPORATION -- $7,696,464.50 37,498 2715186
0.97% LBAI LAKELAND BANCORP INC -- $7,687,335.70 635,317 2620031
0.97% ANDE ANDERSONS INC/THE -- $7,682,818.29 133,917 2274922
0.97% WTS WATTS WATER TECHNOLOGIES-A -- $7,663,915.35 36,057 2943620
0.97% GTY GETTY REALTY CORP -- $7,650,615.50 279,730 2698146
0.97% SR SPIRE INC -- $7,646,149.67 124,591 BYXJQG9
0.97% HNI HNI CORP -- $7,636,672.95 169,215 2435246
0.97% FELE FRANKLIN ELECTRIC CO INC -- $7,632,535.79 71,459 2350383
0.97% NJR NEW JERSEY RESOURCES CORP -- $7,629,569.64 177,804 2630513
0.97% GFF GRIFFON CORP -- $7,628,753.46 104,019 2463344
0.97% AIT APPLIED INDUSTRIAL TECH INC -- $7,627,207.95 38,609 2086309
0.97% UCBI UNITED COMMUNITY BANKS/GA -- $7,620,798.08 289,544 2862156
0.97% ABR ARBOR REALTY TRUST INC -- $7,616,537.25 574,833 B00N2S0
0.97% SBSI SOUTHSIDE BANCSHARES INC -- $7,611,755.07 260,409 2485876
0.96% EXPO EXPONENT INC -- $7,606,983.86 91,994 2330318
0.96% SCL STEPAN CO -- $7,604,328.20 84,455 2845005
0.96% MSEX MIDDLESEX WATER CO -- $7,600,687.50 144,775 2589466
0.96% PNM PNM RESOURCES INC -- $7,596,467.16 201,819 2707826
0.96% SFNC SIMMONS FIRST NATL CORP-CL A -- $7,586,714.52 389,862 2810133
0.96% INDB INDEPENDENT BANK CORP/MA -- $7,582,851.36 145,768 2447821
0.96% CWT CALIFORNIA WATER SERVICE GRP -- $7,581,864.08 163,121 2165383
0.96% ENSG ENSIGN GROUP INC/THE -- $7,580,537.34 60,927 B1YWPP8
0.96% FLIC FIRST OF LONG ISLAND CORP -- $7,577,209.23 683,247 2355913
0.96% MATX MATSON INC -- $7,573,624.40 67,381 B8GNC91
0.95% TRNO TERRENO REALTY CORP -- $7,528,896.80 113,387 B3N4753
0.95% BMI BADGER METER INC -- $7,514,294.59 46,439 2069128
0.95% JJSF J & J SNACK FOODS CORP -- $7,511,048.48 51,958 2469171
0.95% FIX COMFORT SYSTEMS USA INC -- $7,504,627.91 23,621 2036047
0.95% BMRC BANK OF MARIN BANCORP/CA -- $7,498,437.18 447,134 2647375
0.95% AWR AMERICAN STATES WATER CO -- $7,489,048.56 103,669 2267171
0.95% NWN NORTHWEST NATURAL HOLDING CO -- $7,485,165.32 201,106 BFNR303
0.95% LANC LANCASTER COLONY CORP -- $7,476,756.30 36,010 2503206
0.95% JOUT JOHNSON OUTDOORS INC-A -- $7,472,263.83 162,053 2476847
0.95% CASS CASS INFORMATION SYSTEMS INC -- $7,470,203.60 155,080 2086558
0.94% KAI KADANT INC -- $7,452,463.40 22,714 2769978
0.94% SJW SJW GROUP -- $7,451,714.61 131,679 2811932
0.94% FUL H.B. FULLER CO. -- $7,446,360.42 93,383 2354664
0.93% MGRC MCGRATH RENTCORP -- $7,346,560.13 59,549 2551551
0.93% BCPC BALCHEM CORP -- $7,341,840.90 47,382 2072074
0.93% WOR WORTHINGTON ENTERPRISES INC -- $7,333,867.73 117,851 2981932
0.93% POWI POWER INTEGRATIONS INC -- $7,300,246.50 102,030 2133045
0.92% LMAT LEMAITRE VASCULAR INC -- $7,294,888.44 109,929 B1G6TJ0
0.92% PLOW DOUGLAS DYNAMICS INC -- $7,276,087.44 301,662 B3N5WD9
0.92% LNN LINDSAY CORP -- $7,251,738.78 61,633 2516613
0.92% KW KENNEDY-WILSON HOLDINGS INC -- $7,241,176.80 843,960 B298495
0.92% SPTN SPARTANNASH CO -- $7,226,590.75 357,575 BN40158
0.92% MTRN MATERION CORP -- $7,217,265.00 54,780 2149622
0.91% OTTR OTTER TAIL CORP -- $7,155,302.40 82,816 2664103
0.89% CSGS CSG SYSTEMS INTL INC -- $7,020,984.96 136,224 2210885
0.89% WDFC WD-40 CO -- $7,012,634.04 27,684 2944742
0.89% UHT UNIVERSAL HEALTH RLTY INCOME -- $6,994,429.72 190,532 2927497
0.78% CCOI COGENT COMMUNICATIONS HOLDIN -- $6,176,755.51 94,547 B06RWD1
-- -- NET OTHER ASSETS (LIABILITIES) -- $2,576,835.35 2,576,835 --

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.

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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