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 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% | -- |
| 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 11/06/2025- NAV $65.06
- NAV Change $-0.85
- Market Price $65.05
- Market Price Change $-0.87
- Trading Volume (M) 19,900
- 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 11/06/2025- NAV $65.06
- NAV Change $-0.85
- Market Price $65.05
- Market Price Change $-0.87
- Trading Volume (M) 19,900
- 30-Day Median Bid Ask Spread 0.08%
- View Premium / Discount
Exposures
Index as of 9/30/2025 and Fund as of 11/06/2025
Holdings
as of 11/06/2025
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.20% | CSGS | CSG SYSTEMS INTL INC | -- | $7,386,659.85 | 94,519 | 2210885 |
| 1.20% | HI | HILLENBRAND INC | -- | $7,378,979.20 | 233,512 | B2QGDP1 |
| 1.18% | ANDE | ANDERSONS INC/THE | -- | $7,241,956.70 | 147,946 | 2274922 |
| 1.17% | SR | SPIRE INC | -- | $7,194,570.96 | 81,093 | BYXJQG9 |
| 1.13% | BKH | BLACK HILLS CORP | -- | $6,952,234.00 | 102,616 | 2101741 |
| 1.12% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,890,645.36 | 29,287 | 2840174 |
| 1.11% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $6,835,409.30 | 143,090 | B125XQ6 |
| 1.11% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,820,636.23 | 146,397 | BFNR303 |
| 1.09% | PII | POLARIS INC | -- | $6,739,158.24 | 103,536 | 2692933 |
| 1.09% | AVA | AVISTA CORP | -- | $6,714,772.50 | 166,125 | 2942605 |
| 1.08% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,682,480.44 | 105,702 | B03PGL4 |
| 1.07% | OGS | ONE GAS INC | -- | $6,563,258.00 | 80,600 | BJ0KXV4 |
| 1.05% | CPK | CHESAPEAKE UTILITIES CORP | -- | $6,494,835.48 | 48,782 | 2190750 |
| 1.05% | FISI | FINANCIAL INSTITUTIONS INC | -- | $6,488,765.80 | 223,135 | 2596949 |
| 1.05% | ALE | ALLETE INC | -- | $6,478,742.16 | 96,238 | B02R1L6 |
| 1.05% | ENSG | ENSIGN GROUP INC/THE | -- | $6,439,346.55 | 35,205 | B1YWPP8 |
| 1.04% | CTRE | CARETRUST REIT INC | -- | $6,417,442.08 | 180,468 | BMP8TL6 |
| 1.04% | YORW | YORK WATER CO | -- | $6,409,491.55 | 197,519 | 2425292 |
| 1.03% | LAND | GLADSTONE LAND CORP | -- | $6,364,039.65 | 682,105 | B83TNY4 |
| 1.03% | GRC | GORMAN-RUPP CO | -- | $6,357,738.64 | 141,724 | 2379281 |
| 1.02% | UTL | UNITIL CORP | -- | $6,301,740.61 | 132,473 | 2925037 |
| 1.02% | MTRN | MATERION CORP | -- | $6,264,537.12 | 54,408 | 2149622 |
| 1.02% | MATX | MATSON INC | -- | $6,261,005.40 | 58,026 | B8GNC91 |
| 1.02% | BMI | BADGER METER INC | -- | $6,257,097.18 | 33,507 | 2069128 |
| 1.01% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,203,772.25 | 217,295 | B9HHD96 |
| 1.00% | DGICA | DONEGAL GROUP INC-CL A | -- | $6,180,316.01 | 324,767 | 2752730 |
| 1.00% | OTTR | OTTER TAIL CORP | -- | $6,153,311.13 | 73,019 | 2664103 |
| 1.00% | AWR | AMERICAN STATES WATER CO | -- | $6,147,856.64 | 82,048 | 2267171 |
| 1.00% | TXNM | TXNM ENERGY INC | -- | $6,147,180.91 | 107,713 | 2707826 |
| 0.99% | TRNO | TERRENO REALTY CORP | -- | $6,114,987.42 | 103,679 | B3N4753 |
| 0.99% | EXPO | EXPONENT INC | -- | $6,108,396.96 | 85,768 | 2330318 |
| 0.99% | CADE | CADENCE BANK | -- | $6,092,501.48 | 162,164 | BMCS168 |
| 0.98% | TCBK | TRICO BANCSHARES | -- | $6,065,354.68 | 135,751 | 2904133 |
| 0.98% | UVV | UNIVERSAL CORP/VA | -- | $6,055,788.48 | 110,346 | 2923804 |
| 0.98% | MGEE | MGE ENERGY INC | -- | $6,039,215.44 | 72,274 | 2554163 |
| 0.98% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $6,028,790.85 | 130,071 | 2165383 |
| 0.97% | HMN | HORACE MANN EDUCATORS | -- | $5,994,403.24 | 132,356 | 2437112 |
| 0.97% | INDB | INDEPENDENT BANK CORP/MA | -- | $5,977,433.90 | 86,155 | 2447821 |
| 0.97% | FELE | FRANKLIN ELECTRIC CO INC | -- | $5,971,518.85 | 62,759 | 2350383 |
| 0.97% | MSEX | MIDDLESEX WATER CO | -- | $5,971,385.13 | 113,073 | 2589466 |
| 0.96% | NPO | ENPRO INC | -- | $5,940,072.90 | 27,927 | 2951292 |
| 0.96% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $5,902,925.70 | 175,161 | B019FW2 |
| 0.95% | NJR | NEW JERSEY RESOURCES CORP | -- | $5,883,014.96 | 130,184 | 2630513 |
| 0.95% | STBA | S & T BANCORP INC | -- | $5,877,442.98 | 154,751 | 2781109 |
| 0.95% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $5,858,648.46 | 199,206 | 2713395 |
| 0.94% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $5,819,683.37 | 64,313 | 2763602 |
| 0.94% | ASB | ASSOCIATED BANC-CORP | -- | $5,805,555.75 | 229,923 | 2055718 |
| 0.94% | TMP | TOMPKINS FINANCIAL CORP | -- | $5,801,335.54 | 87,607 | 2888613 |
| 0.94% | UBSI | UNITED BANKSHARES INC | -- | $5,792,571.40 | 160,060 | 2905794 |
| 0.94% | BCPC | BALCHEM CORP | -- | $5,785,957.84 | 38,008 | 2072074 |
| 0.93% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $5,759,094.60 | 21,852 | 2943620 |
| 0.93% | WSBC | WESBANCO INC | -- | $5,754,965.85 | 189,745 | 2953782 |
| 0.93% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $5,753,785.80 | 102,235 | 2222062 |
| 0.93% | HTO | H2O AMERICA | -- | $5,740,186.10 | 121,357 | 2811932 |
| 0.93% | CNS | COHEN & STEERS INC | -- | $5,737,290.30 | 84,434 | B02H882 |
| 0.93% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $5,724,736.45 | 228,715 | B15RZR4 |
| 0.93% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $5,719,174.50 | 245,986 | 2568090 |
| 0.93% | MZTI | MARZETTI COMPANY/THE | -- | $5,716,080.84 | 33,206 | 2503206 |
| 0.93% | GTY | GETTY REALTY CORP | -- | $5,709,494.70 | 212,170 | 2698146 |
| 0.92% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $5,696,161.24 | 186,637 | 2492133 |
| 0.92% | MBWM | MERCANTILE BANK CORP | -- | $5,695,201.58 | 125,833 | 2620257 |
| 0.92% | NBTB | N B T BANCORP INC | -- | $5,681,785.65 | 139,089 | 2626459 |
| 0.92% | CASS | CASS INFORMATION SYSTEMS INC | -- | $5,656,782.75 | 142,309 | 2086558 |
| 0.92% | BUSE | FIRST BUSEY CORP | -- | $5,648,713.36 | 248,186 | BZ1LBM5 |
| 0.92% | PEBO | PEOPLES BANCORP INC | -- | $5,647,873.50 | 198,171 | 2679419 |
| 0.92% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $5,640,902.46 | 197,649 | 2485876 |
| 0.91% | HY | HYSTER-YALE INC | -- | $5,619,871.89 | 162,471 | B7LG306 |
| 0.91% | FUL | H.B. FULLER CO. | -- | $5,617,783.60 | 98,213 | 2354664 |
| 0.91% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,594,877.98 | 148,091 | 2927497 |
| 0.91% | KWR | QUAKER CHEMICAL CORPORATION | -- | $5,594,680.00 | 42,400 | 2715186 |
| 0.91% | GATX | GATX CORP | -- | $5,589,345.24 | 36,546 | 2362128 |
| 0.91% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,587,534.90 | 391,147 | BXC87C3 |
| 0.90% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $5,570,124.24 | 153,701 | 2965668 |
| 0.90% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,566,749.51 | 234,587 | BZ16HK0 |
| 0.90% | TRN | TRINITY INDUSTRIES INC | -- | $5,551,017.50 | 214,325 | 2904627 |
| 0.90% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $5,544,562.40 | 171,340 | BFZ9DB8 |
| 0.90% | TR | TOOTSIE ROLL INDS | -- | $5,533,844.00 | 150,050 | 2896809 |
| 0.89% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,509,711.81 | 179,411 | BWC6PW6 |
| 0.89% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $5,506,516.62 | 104,946 | 2706470 |
| 0.89% | FULT | FULTON FINANCIAL CORP | -- | $5,490,118.53 | 316,069 | 2356585 |
| 0.89% | WDFC | WD-40 CO | -- | $5,453,784.17 | 28,079 | 2944742 |
| 0.88% | HFWA | HERITAGE FINANCIAL CORP | -- | $5,448,378.80 | 246,980 | 2619880 |
| 0.88% | UCB | UNITED COMMUNITY BANKS/GA | -- | $5,427,428.07 | 184,043 | 2862156 |
| 0.87% | LMAT | LEMAITRE VASCULAR INC | -- | $5,378,333.60 | 62,831 | B1G6TJ0 |
| 0.87% | GFF | GRIFFON CORP | -- | $5,365,013.16 | 75,309 | 2463344 |
| 0.87% | AMSF | AMERISAFE INC | -- | $5,349,772.64 | 133,544 | B0PPHS6 |
| 0.86% | ABM | ABM INDUSTRIES INC | -- | $5,327,336.04 | 126,932 | 2024901 |
| 0.86% | FRME | FIRST MERCHANTS CORP | -- | $5,323,297.32 | 149,363 | 2342410 |
| 0.85% | IOSP | INNOSPEC INC | -- | $5,251,595.40 | 71,460 | 2245597 |
| 0.85% | SCL | STEPAN CO | -- | $5,224,269.96 | 122,148 | 2845005 |
| 0.85% | HNI | HNI CORP | -- | $5,215,317.12 | 131,104 | 2435246 |
| 0.84% | LKFN | LAKELAND FINANCIAL CORP | -- | $5,178,348.24 | 90,168 | 2537528 |
| 0.84% | MGRC | MCGRATH RENTCORP | -- | $5,162,858.56 | 48,743 | 2551551 |
| 0.83% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $5,119,201.80 | 293,364 | 2810133 |
| 0.82% | ALG | ALAMO GROUP INC | -- | $5,068,327.22 | 29,273 | 2021634 |
| 0.82% | KAI | KADANT INC | -- | $5,022,555.93 | 18,729 | 2769978 |
| 0.81% | POWI | POWER INTEGRATIONS INC | -- | $4,981,254.96 | 136,398 | 2133045 |
| 0.80% | AVNT | AVIENT CORP | -- | $4,899,064.94 | 162,382 | BMHWY55 |
| 0.79% | LNN | LINDSAY CORP | -- | $4,883,636.00 | 43,600 | 2516613 |
| 0.79% | APOG | APOGEE ENTERPRISES INC | -- | $4,854,215.69 | 140,417 | 2046176 |
| 0.79% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $4,839,263.03 | 29,837 | 2363381 |
| 0.76% | JJSF | J & J SNACK FOODS CORP | -- | $4,701,919.32 | 56,196 | 2469171 |
| 0.71% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $4,398,057.92 | 73,694 | 2125246 |
| 0.68% | SCVL | SHOE CARNIVAL INC | -- | $4,216,162.72 | 248,888 | 2805474 |
| 0.67% | CCOI | COGENT COMMUNICATIONS HOLDIN | -- | $4,143,671.05 | 166,079 | B06RWD1 |
| 0.63% | NSP | INSPERITY INC | -- | $3,865,932.96 | 113,437 | 2007281 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,235,753.31 | 1,235,753 | -- |
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
