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 4/30/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | 5.75% | 3.92% | 13.41% | 10.77% | 18.40% | 10.26% | 4.66% | -- | 7.87% | 02/03/2015 |
| SMDV Market Price | 5.87% | 3.88% | 13.40% | 10.79% | 18.51% | 10.30% | 4.65% | -- | 7.87% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | 5.80% | 4.03% | 13.66% | 10.95% | 18.89% | 10.68% | 5.06% | 8.21% | 8.33% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | -3.67% | 4.75% | 4.75% | 4.75% | 7.75% | 7.00% | 3.76% | 7.15% | 7.39% | 02/03/2015 |
| SMDV Market Price | -3.76% | 4.65% | 4.62% | 4.65% | 7.62% | 6.99% | 3.70% | 7.12% | 7.38% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -3.64% | 4.87% | 4.96% | 4.87% | 8.18% | 7.41% | 4.16% | 7.60% | 7.84% | -- |
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
- Net Assets $649,102,172
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 4/30/2026- Number of Companies 102
- Price/Earnings Ratio 18.14
- Price/Book Ratio 1.75
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 $2.91 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 5/20/2026- NAV
- NAV Change
- Market Price $71.61
- Market Price Change $+1.08
- Trading Volume (M) 23,271
- 30-Day Median Bid Ask Spread 0.08%
- View Premium / Discount
Distributions
as of 4/30/2026- Distribution Frequency Quarterly
- SEC 30-Day Yield 2.67%
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.
- 12-Month Yield 2.38%
12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.
- Distribution Details
Snapshot
- Ticker SMDV
- Intraday Ticker SMDV.IV
- CUSIP 74347B698
- Inception Date 2/3/15
- Net Assets $649,102,172
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 4/30/2026- Number of Companies 102
- Price/Earnings Ratio 18.14
- Price/Book Ratio 1.75
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 $2.91 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 5/20/2026- NAV
- NAV Change
- Market Price $71.61
- Market Price Change $+1.08
- Trading Volume (M) 23,271
- 30-Day Median Bid Ask Spread 0.08%
- View Premium / Discount
Distributions
as of 4/30/2026- Distribution Frequency Quarterly
- SEC 30-Day Yield 2.67%
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.
- 12-Month Yield 2.38%
12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.
- Distribution Details
Exposures
Index as of 3/31/2026 and Fund as of 5/20/2026
Holdings
as of 5/20/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.45% | POWI | POWER INTEGRATIONS INC | -- | $9,404,514.33 | 136,041 | 2133045 |
| 1.38% | MTRN | MATERION CORP | -- | $8,954,314.85 | 43,457 | 2149622 |
| 1.37% | NSP | INSPERITY INC | -- | $8,898,056.95 | 281,495 | 2007281 |
| 1.20% | NPO | ENPRO INC | -- | $7,759,957.25 | 25,405 | 2951292 |
| 1.19% | MATX | MATSON INC | -- | $7,725,309.34 | 40,957 | B8GNC91 |
| 1.16% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $7,537,529.03 | 102,287 | 2125246 |
| 1.15% | GRC | GORMAN-RUPP CO | -- | $7,485,377.67 | 102,807 | 2379281 |
| 1.12% | PII | POLARIS INC | -- | $7,271,574.72 | 115,312 | 2692933 |
| 1.10% | FISI | FINANCIAL INSTITUTIONS INC | -- | $7,145,517.60 | 203,576 | 2596949 |
| 1.10% | TMP | TOMPKINS FINANCIAL CORP | -- | $7,130,440.56 | 83,436 | 2888613 |
| 1.08% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $7,026,174.77 | 174,737 | B9HHD96 |
| 1.07% | ASB | ASSOCIATED BANC-CORP | -- | $6,970,881.51 | 249,049 | 2055718 |
| 1.07% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $6,955,411.96 | 104,924 | 2706470 |
| 1.07% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $6,946,282.20 | 221,572 | 2713395 |
| 1.07% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $6,918,452.64 | 167,274 | 2965668 |
| 1.07% | STBA | S & T BANCORP INC | -- | $6,916,826.24 | 153,844 | 2781109 |
| 1.06% | ANDE | ANDERSONS INC/THE | -- | $6,911,760.15 | 97,831 | 2274922 |
| 1.06% | CNS | COHEN & STEERS INC | -- | $6,904,606.80 | 96,460 | B02H882 |
| 1.06% | NBTB | N B T BANCORP INC | -- | $6,859,105.26 | 150,518 | 2626459 |
| 1.06% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $6,855,937.83 | 322,329 | 2810133 |
| 1.05% | IOSP | INNOSPEC INC | -- | $6,835,239.36 | 86,896 | 2245597 |
| 1.05% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $6,819,734.31 | 38,901 | 2363381 |
| 1.05% | KWR | QUAKER CHEMICAL CORPORATION | -- | $6,786,030.40 | 48,368 | 2715186 |
| 1.04% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $6,778,768.91 | 106,367 | 2222062 |
| 1.04% | HMN | HORACE MANN EDUCATORS | -- | $6,751,062.42 | 144,346 | 2437112 |
| 1.04% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,746,213.70 | 202,589 | 2862156 |
| 1.04% | GFF | GRIFFON CORP | -- | $6,745,991.36 | 80,926 | 2463344 |
| 1.04% | UBSI | UNITED BANKSHARES INC | -- | $6,734,369.70 | 156,105 | 2905794 |
| 1.04% | PEBO | PEOPLES BANCORP INC | -- | $6,732,395.32 | 195,937 | 2679419 |
| 1.03% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,715,934.94 | 247,182 | 2619880 |
| 1.03% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $6,713,075.08 | 205,042 | 2485876 |
| 1.03% | TCBK | TRICO BANCSHARES | -- | $6,710,319.00 | 132,615 | 2904133 |
| 1.03% | NXRT | NEXPOINT RESIDENTIAL | -- | $6,700,587.70 | 228,689 | BWC6PW6 |
| 1.03% | FRME | FIRST MERCHANTS CORP | -- | $6,693,276.03 | 166,873 | 2342410 |
| 1.03% | BUSE | FIRST BUSEY CORP | -- | $6,685,310.55 | 249,545 | BZ1LBM5 |
| 1.03% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $6,658,759.80 | 70,620 | 2763602 |
| 1.02% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,652,743.12 | 176,559 | BFZ9DB8 |
| 1.02% | FULT | FULTON FINANCIAL CORP | -- | $6,641,424.82 | 310,202 | 2356585 |
| 1.02% | TRN | TRINITY INDUSTRIES INC | -- | $6,635,467.30 | 196,490 | 2904627 |
| 1.02% | TRNO | TERRENO REALTY CORP | -- | $6,627,653.37 | 100,161 | B3N4753 |
| 1.02% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,625,171.92 | 244,291 | 2568090 |
| 1.02% | SCL | STEPAN CO | -- | $6,622,446.39 | 130,543 | 2845005 |
| 1.02% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,595,891.40 | 114,911 | 2630513 |
| 1.02% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $6,593,093.06 | 375,889 | BXC87C3 |
| 1.01% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,584,442.51 | 110,163 | 2537528 |
| 1.00% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $6,522,199.54 | 177,862 | B019FW2 |
| 1.00% | CTRE | CARETRUST REIT INC | -- | $6,509,241.63 | 156,887 | BMP8TL6 |
| 1.00% | AVA | AVISTA CORP | -- | $6,503,074.20 | 157,995 | 2942605 |
| 1.00% | UVV | UNIVERSAL CORP/VA | -- | $6,483,793.81 | 118,339 | 2923804 |
| 1.00% | CASS | CASS INFORMATION SYSTEMS INC | -- | $6,480,084.44 | 139,868 | 2086558 |
| 1.00% | MBWM | MERCANTILE BANK CORP | -- | $6,475,869.12 | 124,512 | 2620257 |
| 0.99% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,430,587.52 | 89,888 | B03PGL4 |
| 0.99% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,405,643.08 | 81,156 | 2447821 |
| 0.98% | MGRC | MCGRATH RENTCORP | -- | $6,383,429.43 | 58,121 | 2551551 |
| 0.98% | GTY | GETTY REALTY CORP | -- | $6,374,222.40 | 189,709 | 2698146 |
| 0.98% | WSBC | WESBANCO INC | -- | $6,357,225.99 | 186,047 | 2953782 |
| 0.98% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,355,097.90 | 65,449 | 2350383 |
| 0.98% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,341,905.92 | 24,976 | 2840174 |
| 0.98% | TXNM | TXNM ENERGY INC | -- | $6,329,921.08 | 106,421 | 2707826 |
| 0.97% | AWR | AMERICAN STATES WATER CO | -- | $6,321,846.96 | 83,226 | 2267171 |
| 0.97% | FUL | H.B. FULLER CO. | -- | $6,300,169.92 | 106,656 | 2354664 |
| 0.97% | BKH | BLACK HILLS CORP | -- | $6,294,195.44 | 85,241 | 2101741 |
| 0.96% | DGICA | DONEGAL GROUP INC-CL A | -- | $6,237,468.32 | 357,653 | 2752730 |
| 0.95% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $6,156,240.54 | 183,058 | 2492133 |
| 0.94% | HTO | H2O AMERICA | -- | $6,126,646.05 | 107,655 | 2811932 |
| 0.94% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $6,122,703.05 | 20,467 | 2943620 |
| 0.94% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $6,102,590.06 | 244,006 | BZ16HK0 |
| 0.94% | APOG | APOGEE ENTERPRISES INC | -- | $6,098,979.91 | 177,761 | 2046176 |
| 0.93% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $6,065,935.62 | 145,014 | 2927497 |
| 0.93% | UTL | UNITIL CORP | -- | $6,060,635.76 | 118,072 | 2925037 |
| 0.93% | TR | TOOTSIE ROLL INDS | -- | $6,031,600.26 | 149,334 | 2896809 |
| 0.93% | CPK | CHESAPEAKE UTILITIES CORP | -- | $6,015,017.95 | 47,381 | 2190750 |
| 0.93% | OTTR | OTTER TAIL CORP | -- | $6,012,052.88 | 69,592 | 2664103 |
| 0.92% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,003,878.40 | 120,270 | BFNR303 |
| 0.92% | HY | HYSTER-YALE INC | -- | $6,001,796.78 | 187,439 | B7LG306 |
| 0.92% | GATX | GATX CORP | -- | $5,984,704.65 | 35,029 | 2362128 |
| 0.92% | OGS | ONE GAS INC | -- | $5,960,109.60 | 71,982 | BJ0KXV4 |
| 0.92% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $5,956,822.96 | 137,444 | 2165383 |
| 0.92% | MGEE | MGE ENERGY INC | -- | $5,949,822.86 | 78,473 | 2554163 |
| 0.91% | MSEX | MIDDLESEX WATER CO | -- | $5,936,010.52 | 115,802 | 2589466 |
| 0.91% | SR | SPIRE INC | -- | $5,924,460.75 | 68,325 | BYXJQG9 |
| 0.91% | LMAT | LEMAITRE VASCULAR INC | -- | $5,903,751.82 | 58,349 | B1G6TJ0 |
| 0.90% | KAI | KADANT INC | -- | $5,855,370.63 | 18,939 | 2769978 |
| 0.90% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $5,836,351.68 | 117,408 | B125XQ6 |
| 0.89% | AVNT | AVIENT CORP | -- | $5,791,708.82 | 171,251 | BMHWY55 |
| 0.89% | BCPC | BALCHEM CORP | -- | $5,762,738.80 | 35,749 | 2072074 |
| 0.88% | AMSF | AMERISAFE INC | -- | $5,719,127.44 | 182,312 | B0PPHS6 |
| 0.88% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $5,705,195.07 | 224,349 | B15RZR4 |
| 0.87% | ALG | ALAMO GROUP INC | -- | $5,671,003.20 | 37,270 | 2021634 |
| 0.87% | ABM | ABM INDUSTRIES INC | -- | $5,652,921.05 | 142,931 | 2024901 |
| 0.87% | YORW | YORK WATER CO | -- | $5,649,046.04 | 191,623 | 2425292 |
| 0.85% | WDFC | WD-40 CO | -- | $5,515,385.15 | 26,515 | 2944742 |
| 0.83% | ENSG | ENSIGN GROUP INC/THE | -- | $5,390,047.62 | 30,237 | B1YWPP8 |
| 0.82% | JJSF | J & J SNACK FOODS CORP | -- | $5,337,072.84 | 72,633 | 2469171 |
| 0.81% | LNN | LINDSAY CORP | -- | $5,245,008.00 | 48,350 | 2516613 |
| 0.79% | SCVL | SHOE CARNIVAL INC | -- | $5,101,484.61 | 323,493 | 2805474 |
| 0.78% | EXPO | EXPONENT INC | -- | $5,074,744.50 | 87,150 | 2330318 |
| 0.78% | LAND | GLADSTONE LAND CORP | -- | $5,042,772.48 | 534,192 | B83TNY4 |
| 0.77% | BMI | BADGER METER INC | -- | $4,969,853.76 | 42,096 | 2069128 |
| 0.71% | HNI | HNI CORP | -- | $4,602,771.52 | 151,208 | 2435246 |
| 0.67% | MZTI | MARZETTI COMPANY/THE | -- | $4,322,752.00 | 38,596 | 2503206 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,366,569.54 | 1,366,570 | -- |
Index
as of 3/31/2026
- Total Number of Companies99
- Price/Earnings Ratio17.63
- Price/Book Ratio1.65
- Dividend Yield ( % )3.24
- Avg. Index Market Capitalization$2.78 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
2026
- 2026
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
Dividend Growers Insights and Research
A More Effective Approach to Equity Income?
A strategy based on daily call options combined with a dividend growth strategy can together potentially deliver high income now, grow income over time, and improve long-term total returns.
Read the Article
