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 10/31/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | -2.32% | 1.07% | 4.40% | -1.99% | -1.80% | 4.28% | 8.50% | 7.17% | 6.99% | 02/03/2015 |
| SMDV Market Price | -2.33% | 1.23% | 4.51% | -2.03% | -1.86% | 4.26% | 8.48% | 7.13% | 6.99% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -2.29% | 1.16% | 4.61% | -1.68% | -1.43% | 4.66% | 8.93% | 7.63% | 7.44% | -- |
| 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 10/31/2025- Number of Companies 106
- Price/Earnings Ratio 17.92
- Price/Book Ratio 1.56
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 $2.61 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 11/13/2025- NAV $65.59
- NAV Change $-0.37
- Market Price $65.54
- Market Price Change $-0.42
- Trading Volume (M) 17,366
- 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
- Expense Ratio 0.40%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
- Options Available Yes
Characteristics
as of 10/31/2025- Number of Companies 106
- Price/Earnings Ratio 17.92
- Price/Book Ratio 1.56
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 $2.61 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 11/13/2025- NAV $65.59
- NAV Change $-0.37
- Market Price $65.54
- Market Price Change $-0.42
- Trading Volume (M) 17,366
- 30-Day Median Bid Ask Spread 0.08%
- View Premium / Discount
Exposures
Index as of 9/30/2025 and Fund as of 11/13/2025
Holdings
as of 11/13/2025
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.19% | CSGS | CSG SYSTEMS INTL INC | -- | $7,372,173.25 | 93,925 | 2210885 |
| 1.19% | HI | HILLENBRAND INC | -- | $7,346,259.76 | 232,036 | B2QGDP1 |
| 1.17% | ANDE | ANDERSONS INC/THE | -- | $7,221,866.25 | 147,010 | 2274922 |
| 1.16% | SR | SPIRE INC | -- | $7,184,780.28 | 80,583 | BYXJQG9 |
| 1.16% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $7,172,063.60 | 142,190 | B125XQ6 |
| 1.16% | BKH | BLACK HILLS CORP | -- | $7,168,350.40 | 101,968 | 2101741 |
| 1.15% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $7,121,272.46 | 215,927 | B9HHD96 |
| 1.14% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $7,020,526.98 | 145,473 | BFNR303 |
| 1.11% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,849,397.56 | 105,036 | B03PGL4 |
| 1.11% | AVA | AVISTA CORP | -- | $6,824,200.50 | 165,075 | 2942605 |
| 1.09% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,745,611.80 | 29,101 | 2840174 |
| 1.08% | PII | POLARIS INC | -- | $6,668,811.24 | 102,882 | 2692933 |
| 1.07% | LAND | GLADSTONE LAND CORP | -- | $6,588,245.16 | 677,803 | B83TNY4 |
| 1.06% | FISI | FINANCIAL INSTITUTIONS INC | -- | $6,534,235.75 | 221,725 | 2596949 |
| 1.06% | OGS | ONE GAS INC | -- | $6,514,520.60 | 80,090 | BJ0KXV4 |
| 1.05% | CPK | CHESAPEAKE UTILITIES CORP | -- | $6,490,451.64 | 48,476 | 2190750 |
| 1.04% | ALE | ALLETE INC | -- | $6,446,553.12 | 95,632 | B02R1L6 |
| 1.04% | DGICA | DONEGAL GROUP INC-CL A | -- | $6,418,801.35 | 322,715 | 2752730 |
| 1.04% | CTRE | CARETRUST REIT INC | -- | $6,409,182.72 | 179,328 | BMP8TL6 |
| 1.04% | GRC | GORMAN-RUPP CO | -- | $6,406,356.70 | 140,830 | 2379281 |
| 1.03% | MTRN | MATERION CORP | -- | $6,344,104.44 | 54,066 | 2149622 |
| 1.02% | TRNO | TERRENO REALTY CORP | -- | $6,304,099.75 | 103,025 | B3N4753 |
| 1.02% | YORW | YORK WATER CO | -- | $6,302,261.81 | 196,271 | 2425292 |
| 1.02% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,264,792.16 | 244,432 | 2568090 |
| 1.01% | UTL | UNITIL CORP | -- | $6,250,219.72 | 131,639 | 2925037 |
| 1.00% | ENSG | ENSIGN GROUP INC/THE | -- | $6,202,485.90 | 34,983 | B1YWPP8 |
| 1.00% | CADE | CADENCE BANK | -- | $6,182,865.06 | 161,138 | BMCS168 |
| 1.00% | TXNM | TXNM ENERGY INC | -- | $6,156,653.20 | 107,035 | 2707826 |
| 1.00% | MATX | MATSON INC | -- | $6,146,556.00 | 57,660 | B8GNC91 |
| 0.99% | OTTR | OTTER TAIL CORP | -- | $6,129,978.15 | 72,557 | 2664103 |
| 0.99% | AWR | AMERICAN STATES WATER CO | -- | $6,079,515.11 | 81,532 | 2267171 |
| 0.98% | TCBK | TRICO BANCSHARES | -- | $6,070,185.00 | 134,893 | 2904133 |
| 0.98% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,030,856.44 | 129,362 | 2630513 |
| 0.97% | MGEE | MGE ENERGY INC | -- | $6,004,702.98 | 71,818 | 2554163 |
| 0.97% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $5,975,376.81 | 174,057 | B019FW2 |
| 0.97% | HMN | HORACE MANN EDUCATORS | -- | $5,969,783.58 | 131,522 | 2437112 |
| 0.97% | EXPO | EXPONENT INC | -- | $5,959,994.04 | 85,228 | 2330318 |
| 0.96% | BCPC | BALCHEM CORP | -- | $5,929,198.32 | 37,768 | 2072074 |
| 0.96% | STBA | S & T BANCORP INC | -- | $5,924,873.69 | 153,773 | 2781109 |
| 0.96% | BMI | BADGER METER INC | -- | $5,920,206.60 | 33,297 | 2069128 |
| 0.96% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $5,918,311.71 | 129,249 | 2165383 |
| 0.96% | INDB | INDEPENDENT BANK CORP/MA | -- | $5,907,877.09 | 85,609 | 2447821 |
| 0.96% | MSEX | MIDDLESEX WATER CO | -- | $5,905,589.04 | 112,359 | 2589466 |
| 0.96% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $5,905,556.58 | 21,714 | 2943620 |
| 0.96% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $5,895,010.56 | 197,952 | 2713395 |
| 0.95% | CASS | CASS INFORMATION SYSTEMS INC | -- | $5,889,684.85 | 141,409 | 2086558 |
| 0.95% | WSBC | WESBANCO INC | -- | $5,876,947.65 | 188,545 | 2953782 |
| 0.95% | GTY | GETTY REALTY CORP | -- | $5,873,779.52 | 210,832 | 2698146 |
| 0.95% | TMP | TOMPKINS FINANCIAL CORP | -- | $5,872,730.30 | 87,055 | 2888613 |
| 0.95% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $5,870,952.35 | 63,905 | 2763602 |
| 0.95% | NPO | ENPRO INC | -- | $5,846,169.45 | 27,753 | 2951292 |
| 0.95% | FELE | FRANKLIN ELECTRIC CO INC | -- | $5,841,542.21 | 62,363 | 2350383 |
| 0.95% | TR | TOOTSIE ROLL INDS | -- | $5,834,361.26 | 149,102 | 2896809 |
| 0.94% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,819,980.25 | 147,155 | 2927497 |
| 0.94% | UVV | UNIVERSAL CORP/VA | -- | $5,803,774.50 | 109,650 | 2923804 |
| 0.94% | ASB | ASSOCIATED BANC-CORP | -- | $5,798,593.98 | 228,471 | 2055718 |
| 0.94% | UBSI | UNITED BANKSHARES INC | -- | $5,797,445.40 | 159,052 | 2905794 |
| 0.93% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $5,762,273.27 | 185,461 | 2492133 |
| 0.93% | HTO | H2O AMERICA | -- | $5,720,742.16 | 120,589 | 2811932 |
| 0.93% | FUL | H.B. FULLER CO. | -- | $5,719,067.00 | 97,595 | 2354664 |
| 0.93% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $5,716,638.11 | 101,593 | 2222062 |
| 0.93% | MZTI | MARZETTI COMPANY/THE | -- | $5,711,277.64 | 32,996 | 2503206 |
| 0.92% | KWR | QUAKER CHEMICAL CORPORATION | -- | $5,704,402.00 | 42,130 | 2715186 |
| 0.92% | MBWM | MERCANTILE BANK CORP | -- | $5,695,617.55 | 125,041 | 2620257 |
| 0.92% | NBTB | N B T BANCORP INC | -- | $5,694,375.60 | 138,213 | 2626459 |
| 0.92% | PEBO | PEOPLES BANCORP INC | -- | $5,687,136.24 | 196,923 | 2679419 |
| 0.92% | GATX | GATX CORP | -- | $5,678,319.30 | 36,318 | 2362128 |
| 0.92% | BUSE | FIRST BUSEY CORP | -- | $5,674,726.20 | 246,620 | BZ1LBM5 |
| 0.92% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $5,672,355.06 | 152,729 | 2965668 |
| 0.92% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,659,195.36 | 388,681 | BXC87C3 |
| 0.92% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $5,658,312.81 | 196,401 | 2485876 |
| 0.92% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $5,648,129.76 | 104,286 | 2706470 |
| 0.91% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,622,492.60 | 233,105 | BZ16HK0 |
| 0.91% | LMAT | LEMAITRE VASCULAR INC | -- | $5,596,673.40 | 62,435 | B1G6TJ0 |
| 0.91% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,585,982.35 | 178,295 | BWC6PW6 |
| 0.90% | FULT | FULTON FINANCIAL CORP | -- | $5,543,459.05 | 314,077 | 2356585 |
| 0.89% | WDFC | WD-40 CO | -- | $5,523,444.02 | 27,899 | 2944742 |
| 0.89% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $5,509,613.60 | 170,260 | BFZ9DB8 |
| 0.89% | CNS | COHEN & STEERS INC | -- | $5,494,611.00 | 83,900 | B02H882 |
| 0.89% | AMSF | AMERISAFE INC | -- | $5,492,618.56 | 132,704 | B0PPHS6 |
| 0.89% | UCB | UNITED COMMUNITY BANKS/GA | -- | $5,482,712.42 | 182,879 | 2862156 |
| 0.88% | HFWA | HERITAGE FINANCIAL CORP | -- | $5,448,324.00 | 245,420 | 2619880 |
| 0.88% | SCL | STEPAN CO | -- | $5,412,334.20 | 121,380 | 2845005 |
| 0.87% | TRN | TRINITY INDUSTRIES INC | -- | $5,392,527.00 | 212,975 | 2904627 |
| 0.87% | FRME | FIRST MERCHANTS CORP | -- | $5,365,419.15 | 148,421 | 2342410 |
| 0.87% | ABM | ABM INDUSTRIES INC | -- | $5,363,217.68 | 126,134 | 2024901 |
| 0.86% | IOSP | INNOSPEC INC | -- | $5,309,417.70 | 71,010 | 2245597 |
| 0.86% | GFF | GRIFFON CORP | -- | $5,293,827.90 | 74,835 | 2463344 |
| 0.85% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $5,249,913.90 | 227,269 | B15RZR4 |
| 0.85% | LKFN | LAKELAND FINANCIAL CORP | -- | $5,219,083.50 | 89,598 | 2537528 |
| 0.84% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $5,194,815.12 | 291,516 | 2810133 |
| 0.82% | HNI | HNI CORP | -- | $5,085,975.04 | 130,276 | 2435246 |
| 0.81% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $5,009,536.45 | 29,651 | 2363381 |
| 0.80% | MGRC | MCGRATH RENTCORP | -- | $4,926,042.90 | 48,437 | 2551551 |
| 0.79% | KAI | KADANT INC | -- | $4,878,907.62 | 18,609 | 2769978 |
| 0.79% | AVNT | AVIENT CORP | -- | $4,864,883.40 | 161,356 | BMHWY55 |
| 0.78% | LNN | LINDSAY CORP | -- | $4,831,059.24 | 43,324 | 2516613 |
| 0.78% | ALG | ALAMO GROUP INC | -- | $4,818,552.42 | 29,087 | 2021634 |
| 0.77% | HY | HYSTER-YALE INC | -- | $4,728,724.05 | 161,445 | B7LG306 |
| 0.76% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $4,713,943.84 | 73,232 | 2125246 |
| 0.76% | POWI | POWER INTEGRATIONS INC | -- | $4,710,015.00 | 135,540 | 2133045 |
| 0.76% | APOG | APOGEE ENTERPRISES INC | -- | $4,696,546.14 | 139,529 | 2046176 |
| 0.75% | JJSF | J & J SNACK FOODS CORP | -- | $4,610,873.94 | 55,842 | 2469171 |
| 0.70% | SCVL | SHOE CARNIVAL INC | -- | $4,332,976.32 | 247,316 | 2805474 |
| 0.61% | NSP | INSPERITY INC | -- | $3,748,039.75 | 112,723 | 2007281 |
| 0.45% | CCOI | COGENT COMMUNICATIONS HOLDIN | -- | $2,752,683.72 | 165,029 | B06RWD1 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,681,657.58 | 1,681,658 | -- |
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
