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
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 9/30/2025
| 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% | -- |
| 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 10/16/2025- NAV $65.51
- NAV Change $-1.04
- Market Price $65.52
- Market Price Change $-1.03
- Trading Volume (M) 34,178
- 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 10/16/2025- NAV $65.51
- NAV Change $-1.04
- Market Price $65.52
- Market Price Change $-1.03
- Trading Volume (M) 34,178
- View Premium / Discount
Exposures
Index as of 9/30/2025 and Fund as of 10/15/2025
Holdings
as of 10/15/2025
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.19% | CCOI | COGENT COMMUNICATIONS HOLDIN | -- | $7,571,613.50 | 167,885 | B06RWD1 |
| 1.16% | HI | HILLENBRAND INC | -- | $7,390,788.12 | 236,052 | B2QGDP1 |
| 1.11% | MTRN | MATERION CORP | -- | $7,076,885.28 | 54,996 | 2149622 |
| 1.10% | SR | SPIRE INC | -- | $7,006,710.12 | 81,969 | BYXJQG9 |
| 1.09% | ANDE | ANDERSONS INC/THE | -- | $6,937,902.84 | 149,556 | 2274922 |
| 1.09% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,925,077.30 | 29,607 | 2840174 |
| 1.08% | PII | POLARIS INC | -- | $6,906,513.40 | 104,660 | 2692933 |
| 1.05% | POWI | POWER INTEGRATIONS INC | -- | $6,732,338.59 | 137,873 | 2133045 |
| 1.05% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,708,019.38 | 219,647 | B9HHD96 |
| 1.05% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,688,967.20 | 147,986 | BFNR303 |
| 1.05% | MSEX | MIDDLESEX WATER CO | -- | $6,680,893.45 | 114,301 | 2589466 |
| 1.04% | GRC | GORMAN-RUPP CO | -- | $6,618,658.20 | 143,261 | 2379281 |
| 1.04% | OGS | ONE GAS INC | -- | $6,618,457.94 | 81,478 | BJ0KXV4 |
| 1.03% | TR | TOOTSIE ROLL INDS | -- | $6,558,686.44 | 151,681 | 2896809 |
| 1.03% | ALE | ALLETE INC | -- | $6,551,740.65 | 97,279 | B02R1L6 |
| 1.02% | CPK | CHESAPEAKE UTILITIES CORP | -- | $6,536,761.56 | 49,308 | 2190750 |
| 1.02% | GATX | GATX CORP | -- | $6,497,218.30 | 36,937 | 2362128 |
| 1.01% | UTL | UNITIL CORP | -- | $6,477,081.59 | 133,907 | 2925037 |
| 1.01% | NPO | ENPRO INC | -- | $6,465,500.75 | 28,225 | 2951292 |
| 1.01% | BKH | BLACK HILLS CORP | -- | $6,437,483.80 | 103,730 | 2101741 |
| 1.00% | LAND | GLADSTONE LAND CORP | -- | $6,405,482.87 | 689,503 | B83TNY4 |
| 1.00% | CADE | CADENCE BANK | -- | $6,393,231.00 | 163,929 | BMCS168 |
| 1.00% | AVA | AVISTA CORP | -- | $6,384,736.62 | 167,931 | 2942605 |
| 1.00% | DGICA | DONEGAL GROUP INC-CL A | -- | $6,368,961.80 | 328,297 | 2752730 |
| 0.99% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $6,336,503.16 | 144,636 | B125XQ6 |
| 0.99% | ENSG | ENSIGN GROUP INC/THE | -- | $6,332,350.78 | 35,587 | B1YWPP8 |
| 0.99% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $6,316,539.40 | 131,485 | 2165383 |
| 0.99% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,303,973.00 | 106,847 | B03PGL4 |
| 0.99% | WSBC | WESBANCO INC | -- | $6,297,122.30 | 191,810 | 2953782 |
| 0.98% | AWR | AMERICAN STATES WATER CO | -- | $6,247,493.55 | 82,935 | 2267171 |
| 0.98% | TRNO | TERRENO REALTY CORP | -- | $6,235,778.50 | 104,803 | B3N4753 |
| 0.97% | YORW | YORK WATER CO | -- | $6,217,599.24 | 199,666 | 2425292 |
| 0.97% | TXNM | TXNM ENERGY INC | -- | $6,204,957.22 | 108,878 | 2707826 |
| 0.97% | CSGS | CSG SYSTEMS INTL INC | -- | $6,202,456.80 | 95,540 | 2210885 |
| 0.97% | MGEE | MGE ENERGY INC | -- | $6,186,636.12 | 73,059 | 2554163 |
| 0.96% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $6,135,661.53 | 22,089 | 2943620 |
| 0.96% | TRN | TRINITY INDUSTRIES INC | -- | $6,105,084.28 | 216,646 | 2904627 |
| 0.96% | BMI | BADGER METER INC | -- | $6,104,368.32 | 33,868 | 2069128 |
| 0.95% | FISI | FINANCIAL INSTITUTIONS INC | -- | $6,085,635.78 | 225,561 | 2596949 |
| 0.95% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,082,459.56 | 131,598 | 2630513 |
| 0.95% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,078,186.40 | 63,440 | 2350383 |
| 0.95% | CTRE | CARETRUST REIT INC | -- | $6,071,237.12 | 182,429 | BMP8TL6 |
| 0.95% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,056,699.09 | 173,197 | BFZ9DB8 |
| 0.94% | HY | HYSTER-YALE INC | -- | $6,019,249.40 | 164,236 | B7LG306 |
| 0.94% | HTO | H2O AMERICA | -- | $5,991,593.52 | 122,678 | 2811932 |
| 0.94% | HMN | HORACE MANN EDUCATORS | -- | $5,977,737.20 | 133,790 | 2437112 |
| 0.94% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $5,974,830.53 | 188,659 | 2492133 |
| 0.93% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $5,951,235.42 | 103,338 | 2222062 |
| 0.93% | UVV | UNIVERSAL CORP/VA | -- | $5,938,549.32 | 111,543 | 2923804 |
| 0.93% | ASB | ASSOCIATED BANC-CORP | -- | $5,938,356.55 | 232,421 | 2055718 |
| 0.93% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $5,936,821.80 | 177,060 | B019FW2 |
| 0.93% | LNN | LINDSAY CORP | -- | $5,926,324.50 | 44,075 | 2516613 |
| 0.93% | INDB | INDEPENDENT BANK CORP/MA | -- | $5,915,424.48 | 87,094 | 2447821 |
| 0.92% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $5,900,300.56 | 231,203 | B15RZR4 |
| 0.92% | TCBK | TRICO BANCSHARES | -- | $5,892,484.44 | 137,226 | 2904133 |
| 0.92% | MGRC | MCGRATH RENTCORP | -- | $5,873,850.18 | 49,269 | 2551551 |
| 0.92% | UCB | UNITED COMMUNITY BANKS/GA | -- | $5,869,751.30 | 186,046 | 2862156 |
| 0.92% | HNI | HNI CORP | -- | $5,857,737.60 | 132,528 | 2435246 |
| 0.92% | FUL | H.B. FULLER CO. | -- | $5,854,802.10 | 99,276 | 2354664 |
| 0.92% | BUSE | FIRST BUSEY CORP | -- | $5,850,521.60 | 250,880 | BZ1LBM5 |
| 0.92% | PEBO | PEOPLES BANCORP INC | -- | $5,849,256.40 | 200,317 | 2679419 |
| 0.91% | HFWA | HERITAGE FINANCIAL CORP | -- | $5,839,640.96 | 249,664 | 2619880 |
| 0.91% | EXPO | EXPONENT INC | -- | $5,828,639.31 | 86,697 | 2330318 |
| 0.91% | NBTB | N B T BANCORP INC | -- | $5,824,850.85 | 140,595 | 2626459 |
| 0.91% | SCL | STEPAN CO | -- | $5,815,342.80 | 123,468 | 2845005 |
| 0.91% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $5,812,503.93 | 155,373 | 2965668 |
| 0.91% | ABM | ABM INDUSTRIES INC | -- | $5,812,125.90 | 128,303 | 2024901 |
| 0.91% | UBSI | UNITED BANKSHARES INC | -- | $5,803,514.91 | 161,793 | 2905794 |
| 0.91% | TMP | TOMPKINS FINANCIAL CORP | -- | $5,797,761.32 | 88,556 | 2888613 |
| 0.91% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $5,795,437.10 | 65,015 | 2763602 |
| 0.91% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $5,793,778.00 | 248,660 | 2568090 |
| 0.91% | MBWM | MERCANTILE BANK CORP | -- | $5,784,783.12 | 127,194 | 2620257 |
| 0.91% | OTTR | OTTER TAIL CORP | -- | $5,779,636.20 | 73,814 | 2664103 |
| 0.90% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,774,285.95 | 237,137 | BZ16HK0 |
| 0.90% | GFF | GRIFFON CORP | -- | $5,760,303.08 | 76,124 | 2463344 |
| 0.89% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,711,769.00 | 181,326 | BWC6PW6 |
| 0.89% | STBA | S & T BANCORP INC | -- | $5,695,725.53 | 156,433 | 2781109 |
| 0.89% | CNS | COHEN & STEERS INC | -- | $5,680,242.15 | 85,353 | B02H882 |
| 0.89% | KWR | QUAKER CHEMICAL CORPORATION | -- | $5,678,326.55 | 42,865 | 2715186 |
| 0.89% | FULT | FULTON FINANCIAL CORP | -- | $5,661,433.68 | 319,494 | 2356585 |
| 0.88% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $5,642,395.20 | 106,080 | 2706470 |
| 0.88% | LKFN | LAKELAND FINANCIAL CORP | -- | $5,637,503.80 | 91,148 | 2537528 |
| 0.88% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $5,634,298.00 | 296,542 | 2810133 |
| 0.88% | GTY | GETTY REALTY CORP | -- | $5,629,863.75 | 214,471 | 2698146 |
| 0.88% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $5,608,126.23 | 74,487 | 2125246 |
| 0.88% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $5,597,835.80 | 201,361 | 2713395 |
| 0.88% | FRME | FIRST MERCHANTS CORP | -- | $5,586,334.00 | 150,982 | 2342410 |
| 0.87% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,582,878.56 | 395,388 | BXC87C3 |
| 0.87% | AMSF | AMERISAFE INC | -- | $5,573,654.52 | 134,988 | B0PPHS6 |
| 0.87% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $5,558,324.72 | 199,796 | 2485876 |
| 0.87% | MATX | MATSON INC | -- | $5,549,349.55 | 58,655 | B8GNC91 |
| 0.87% | MZTI | MARZETTI COMPANY/THE | -- | $5,549,296.44 | 33,567 | 2503206 |
| 0.87% | LMAT | LEMAITRE VASCULAR INC | -- | $5,542,057.12 | 63,512 | B1G6TJ0 |
| 0.86% | BCPC | BALCHEM CORP | -- | $5,518,264.60 | 38,420 | 2072074 |
| 0.86% | KAI | KADANT INC | -- | $5,515,867.44 | 18,936 | 2769978 |
| 0.85% | ALG | ALAMO GROUP INC | -- | $5,445,999.79 | 29,593 | 2021634 |
| 0.85% | APOG | APOGEE ENTERPRISES INC | -- | $5,429,396.25 | 141,945 | 2046176 |
| 0.85% | IOSP | INNOSPEC INC | -- | $5,412,418.69 | 72,233 | 2245597 |
| 0.85% | WDFC | WD-40 CO | -- | $5,406,117.27 | 28,389 | 2944742 |
| 0.85% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,402,709.09 | 149,701 | 2927497 |
| 0.83% | NSP | INSPERITY INC | -- | $5,320,409.60 | 114,664 | 2007281 |
| 0.83% | CASS | CASS INFORMATION SYSTEMS INC | -- | $5,316,954.72 | 143,857 | 2086558 |
| 0.83% | JJSF | J & J SNACK FOODS CORP | -- | $5,308,995.30 | 56,805 | 2469171 |
| 0.80% | AVNT | AVIENT CORP | -- | $5,123,027.87 | 164,147 | BMHWY55 |
| 0.80% | SCVL | SHOE CARNIVAL INC | -- | $5,107,317.60 | 251,592 | 2805474 |
| 0.77% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $4,933,823.16 | 30,156 | 2363381 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,576,679.94 | 1,576,680 | -- |
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
Two Tech-Focused Strategies for Growth & Income
See how IQQQ and TDV offer meaningful access to tech-oriented stocks with growth and income potential.
Read More
