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 2/28/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | 2.01% | 8.30% | 6.59% | 8.74% | 7.15% | 6.48% | 5.75% | 8.22% | 7.81% | 02/03/2015 |
| SMDV Market Price | 1.94% | 8.33% | 6.65% | 8.73% | 7.22% | 6.47% | 5.70% | 8.15% | 7.81% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | 2.05% | 8.41% | 6.80% | 8.83% | 7.57% | 6.87% | 6.16% | 8.68% | 8.27% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | -0.41% | 0.00% | 3.03% | 0.34% | 0.34% | 5.36% | 5.59% | 7.51% | 7.11% | 02/03/2015 |
| SMDV Market Price | -0.37% | -0.03% | 3.07% | 0.27% | 0.27% | 5.38% | 5.55% | 7.52% | 7.11% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -0.38% | 0.09% | 3.23% | 0.72% | 0.72% | 5.75% | 5.99% | 7.97% | 7.56% | -- |
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 $616,470,173
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 2/28/2026- Number of Companies 102
- Price/Earnings Ratio 18.29
- Price/Book Ratio 1.73
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 $2.90 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 3/27/2026- NAV
- NAV Change
- Market Price $67.72
- Market Price Change $-0.77
- Trading Volume (M) 20,607
- 30-Day Median Bid Ask Spread 0.09%
- View Premium / Discount
Distributions
as of 2/28/2026- Distribution Frequency Quarterly
- SEC 30-Day Yield 2.60%
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 2.45%
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 $616,470,173
- Expense Ratio 0.40%
- NAV Calculation Time
- Options Available Yes
Characteristics
as of 2/28/2026- Number of Companies 102
- Price/Earnings Ratio 18.29
- Price/Book Ratio 1.73
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 $2.90 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 3/27/2026- NAV
- NAV Change
- Market Price $67.72
- Market Price Change $-0.77
- Trading Volume (M) 20,607
- 30-Day Median Bid Ask Spread 0.09%
- View Premium / Discount
Distributions
as of 2/28/2026- Distribution Frequency Quarterly
- SEC 30-Day Yield 2.60%
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 2.45%
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 12/31/2025 and Fund as of 3/27/2026
Holdings
as of 3/27/2026
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.20% | NSP | INSPERITY INC | -- | $7,377,915.33 | 278,517 | 2007281 |
| 1.15% | ANDE | ANDERSONS INC/THE | -- | $7,084,499.24 | 96,796 | 2274922 |
| 1.08% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $6,665,720.79 | 101,103 | 2125246 |
| 1.08% | POWI | POWER INTEGRATIONS INC | -- | $6,662,848.50 | 134,603 | 2133045 |
| 1.04% | MATX | MATSON INC | -- | $6,404,165.75 | 40,525 | B8GNC91 |
| 1.04% | SCL | STEPAN CO | -- | $6,392,227.38 | 129,162 | 2845005 |
| 1.03% | MGRC | MCGRATH RENTCORP | -- | $6,325,550.00 | 57,505 | 2551551 |
| 1.02% | TMP | TOMPKINS FINANCIAL CORP | -- | $6,312,002.38 | 82,553 | 2888613 |
| 1.02% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,286,664.34 | 118,998 | BFNR303 |
| 1.02% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,281,057.37 | 172,889 | B9HHD96 |
| 1.02% | TR | TOOTSIE ROLL INDS | -- | $6,258,922.98 | 147,756 | 2896809 |
| 1.01% | FRME | FIRST MERCHANTS CORP | -- | $6,249,337.80 | 165,108 | 2342410 |
| 1.01% | GRC | GORMAN-RUPP CO | -- | $6,247,519.56 | 101,718 | 2379281 |
| 1.01% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $6,244,460.64 | 69,872 | 2763602 |
| 1.01% | FUL | H.B. FULLER CO. | -- | $6,244,091.76 | 105,528 | 2354664 |
| 1.01% | AVA | AVISTA CORP | -- | $6,243,540.62 | 156,323 | 2942605 |
| 1.01% | NBTB | N B T BANCORP INC | -- | $6,234,000.50 | 148,925 | 2626459 |
| 1.01% | UBSI | UNITED BANKSHARES INC | -- | $6,233,763.44 | 154,454 | 2905794 |
| 1.01% | STBA | S & T BANCORP INC | -- | $6,231,763.98 | 152,217 | 2781109 |
| 1.01% | CSGS | CSG SYSTEMS INTL INC | -- | $6,231,574.14 | 77,594 | 2210885 |
| 1.01% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $6,226,298.10 | 165,505 | 2965668 |
| 1.01% | FISI | FINANCIAL INSTITUTIONS INC | -- | $6,221,894.69 | 201,421 | 2596949 |
| 1.01% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $6,220,594.80 | 103,815 | 2706470 |
| 1.01% | NPO | ENPRO INC | -- | $6,220,405.92 | 25,136 | 2951292 |
| 1.01% | PEBO | PEOPLES BANCORP INC | -- | $6,213,341.20 | 193,864 | 2679419 |
| 1.01% | IOSP | INNOSPEC INC | -- | $6,207,539.40 | 85,977 | 2245597 |
| 1.01% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,206,555.46 | 113,694 | 2630513 |
| 1.01% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,199,763.85 | 200,445 | 2862156 |
| 1.00% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,193,565.04 | 24,711 | 2840174 |
| 1.00% | AWR | AMERICAN STATES WATER CO | -- | $6,184,034.40 | 82,344 | 2267171 |
| 1.00% | UVV | UNIVERSAL CORP/VA | -- | $6,176,392.00 | 117,088 | 2923804 |
| 1.00% | PII | POLARIS INC | -- | $6,175,799.96 | 114,092 | 2692933 |
| 1.00% | HTO | H2O AMERICA | -- | $6,174,732.52 | 106,516 | 2811932 |
| 1.00% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $6,167,339.20 | 202,873 | 2485876 |
| 1.00% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,159,476.98 | 108,998 | 2537528 |
| 1.00% | ALG | ALAMO GROUP INC | -- | $6,158,125.00 | 36,875 | 2021634 |
| 1.00% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $6,155,745.42 | 175,979 | B019FW2 |
| 1.00% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,155,726.22 | 244,566 | 2619880 |
| 1.00% | LMAT | LEMAITRE VASCULAR INC | -- | $6,155,279.22 | 57,731 | B1G6TJ0 |
| 1.00% | TXNM | TXNM ENERGY INC | -- | $6,142,910.30 | 105,295 | 2707826 |
| 1.00% | WSBC | WESBANCO INC | -- | $6,142,749.60 | 184,080 | 2953782 |
| 0.99% | SR | SPIRE INC | -- | $6,130,240.04 | 67,603 | BYXJQG9 |
| 0.99% | ASB | ASSOCIATED BANC-CORP | -- | $6,128,316.18 | 246,414 | 2055718 |
| 0.99% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $6,120,909.90 | 135,990 | 2165383 |
| 0.99% | UTL | UNITIL CORP | -- | $6,106,390.48 | 116,824 | 2925037 |
| 0.99% | TCBK | TRICO BANCSHARES | -- | $6,102,670.12 | 131,212 | 2904133 |
| 0.99% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,091,016.40 | 241,707 | 2568090 |
| 0.99% | MTRN | MATERION CORP | -- | $6,079,345.83 | 42,997 | 2149622 |
| 0.99% | BUSE | FIRST BUSEY CORP | -- | $6,078,776.48 | 246,904 | BZ1LBM5 |
| 0.99% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,077,465.10 | 174,690 | BFZ9DB8 |
| 0.99% | MBWM | MERCANTILE BANK CORP | -- | $6,077,209.35 | 123,195 | 2620257 |
| 0.99% | BMI | BADGER METER INC | -- | $6,073,132.31 | 41,651 | 2069128 |
| 0.98% | TRN | TRINITY INDUSTRIES INC | -- | $6,063,647.90 | 194,410 | 2904627 |
| 0.98% | OGS | ONE GAS INC | -- | $6,050,223.95 | 71,221 | BJ0KXV4 |
| 0.98% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $6,046,685.28 | 318,918 | 2810133 |
| 0.98% | HMN | HORACE MANN EDUCATORS | -- | $6,041,286.00 | 142,820 | 2437112 |
| 0.98% | FULT | FULTON FINANCIAL CORP | -- | $6,040,185.60 | 306,920 | 2356585 |
| 0.98% | AVNT | AVIENT CORP | -- | $6,023,556.45 | 169,439 | BMHWY55 |
| 0.98% | TRNO | TERRENO REALTY CORP | -- | $6,014,439.69 | 99,101 | B3N4753 |
| 0.97% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $6,006,995.57 | 116,167 | B125XQ6 |
| 0.97% | CASS | CASS INFORMATION SYSTEMS INC | -- | $6,004,655.32 | 138,388 | 2086558 |
| 0.97% | ENSG | ENSIGN GROUP INC/THE | -- | $6,003,345.88 | 29,918 | B1YWPP8 |
| 0.97% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $6,002,258.08 | 221,977 | B15RZR4 |
| 0.97% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $5,977,688.80 | 105,241 | 2222062 |
| 0.97% | HY | HYSTER-YALE INC | -- | $5,977,246.88 | 185,456 | B7LG306 |
| 0.97% | KWR | QUAKER CHEMICAL CORPORATION | -- | $5,970,639.32 | 47,857 | 2715186 |
| 0.97% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $5,967,358.94 | 219,227 | 2713395 |
| 0.97% | GTY | GETTY REALTY CORP | -- | $5,959,538.50 | 187,702 | 2698146 |
| 0.97% | DGICA | DONEGAL GROUP INC-CL A | -- | $5,955,598.44 | 353,868 | 2752730 |
| 0.96% | MSEX | MIDDLESEX WATER CO | -- | $5,935,140.40 | 114,578 | 2589466 |
| 0.96% | MGEE | MGE ENERGY INC | -- | $5,913,214.72 | 77,642 | 2554163 |
| 0.96% | OTTR | OTTER TAIL CORP | -- | $5,911,201.75 | 68,855 | 2664103 |
| 0.96% | BCPC | BALCHEM CORP | -- | $5,905,355.40 | 35,372 | 2072074 |
| 0.96% | AMSF | AMERISAFE INC | -- | $5,903,968.32 | 180,384 | B0PPHS6 |
| 0.95% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $5,870,131.61 | 181,121 | 2492133 |
| 0.95% | INDB | INDEPENDENT BANK CORP/MA | -- | $5,866,568.85 | 80,265 | 2447821 |
| 0.95% | FELE | FRANKLIN ELECTRIC CO INC | -- | $5,857,089.75 | 64,755 | 2350383 |
| 0.94% | CPK | CHESAPEAKE UTILITIES CORP | -- | $5,819,683.20 | 46,880 | 2190750 |
| 0.94% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $5,811,665.49 | 20,249 | 2943620 |
| 0.94% | GATX | GATX CORP | -- | $5,809,016.00 | 34,660 | 2362128 |
| 0.94% | CNS | COHEN & STEERS INC | -- | $5,805,615.20 | 95,440 | B02H882 |
| 0.94% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $5,800,405.92 | 88,936 | B03PGL4 |
| 0.94% | BKH | BLACK HILLS CORP | -- | $5,794,158.00 | 84,340 | 2101741 |
| 0.94% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,772,043.20 | 371,910 | BXC87C3 |
| 0.93% | CTRE | CARETRUST REIT INC | -- | $5,763,578.51 | 155,227 | BMP8TL6 |
| 0.93% | JJSF | J & J SNACK FOODS CORP | -- | $5,737,781.44 | 71,866 | 2469171 |
| 0.93% | YORW | YORK WATER CO | -- | $5,731,487.08 | 189,596 | 2425292 |
| 0.93% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,724,210.46 | 241,426 | BZ16HK0 |
| 0.93% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,710,464.20 | 143,479 | 2927497 |
| 0.93% | APOG | APOGEE ENTERPRISES INC | -- | $5,709,064.80 | 175,880 | 2046176 |
| 0.92% | GFF | GRIFFON CORP | -- | $5,646,606.92 | 80,071 | 2463344 |
| 0.91% | LNN | LINDSAY CORP | -- | $5,631,607.08 | 47,839 | 2516613 |
| 0.90% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,566,192.80 | 226,268 | BWC6PW6 |
| 0.90% | EXPO | EXPONENT INC | -- | $5,559,183.63 | 86,229 | 2330318 |
| 0.88% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $5,450,812.18 | 38,489 | 2363381 |
| 0.88% | KAI | KADANT INC | -- | $5,446,677.74 | 18,739 | 2769978 |
| 0.86% | ABM | ABM INDUSTRIES INC | -- | $5,301,798.31 | 141,419 | 2024901 |
| 0.86% | WDFC | WD-40 CO | -- | $5,278,543.14 | 26,234 | 2944742 |
| 0.85% | MZTI | MARZETTI COMPANY/THE | -- | $5,236,583.31 | 38,187 | 2503206 |
| 0.85% | LAND | GLADSTONE LAND CORP | -- | $5,216,689.80 | 528,540 | B83TNY4 |
| 0.83% | HNI | HNI CORP | -- | $5,143,523.04 | 149,608 | 2435246 |
| 0.83% | SCVL | SHOE CARNIVAL INC | -- | $5,127,521.40 | 320,070 | 2805474 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $2,452,773.18 | 2,452,773 | -- |
Index
as of 12/31/2025
- Total Number of Companies104
- Price/Earnings Ratio18.48
- Price/Book Ratio1.61
- Dividend Yield ( % )3.26
- Avg. Index Market Capitalization$2.67 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
Why NOBL Now
Explore three pillars suggesting now could be the right time to invest in the Dividend Aristocrats
Read the Article
