A New Benchmark for SMDV’s Dividend Growth Strategy

Now the ProShares S&P SmallCap 600 Dividend Aristocrats ETF, SMDV maintains its core dividend growth strategy while adding the liquidity screens of the S&P SmallCap 600.

SMDV

S&P SmallCap 600 Dividend Aristocrats ETF

SMDV invests in quality U.S. small-cap companies that have not only paid but grown dividends for 10+ years.*

How to Buy
Why SMDV?
Stability & Strength

SMDV invests in small-cap companies that have generally exhibited stable earnings, solid fundamentals, and strong histories of profitability and growth.

Weathering the Storm

Historically, SMDV has captured a significant portion of the gains from rising markets and fewer of the losses in falling markets.

Unique Offering

SMDV is the only ETF focused exclusively on the S&P SmallCap 600 Dividend Aristocrats, which are high-quality companies that have increased their dividends for at least 10 consecutive years.

Performance
About the Fund
Exposures
Holdings
Distributions
View fund details
Documents & Downloads
Prospectus & Regulatory
Summary Prospectus
Statutory Prospectus
SAI
Annual Report
Semi-Annual Report

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 8/31/2026
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
SMDV NAV -1.49% 5.42% 7.02% 16.37% 14.06% 10.98% 6.25% 7.28% 8.09% 02/03/2015
SMDV Market Price -1.52% 5.34% 6.97% 16.31% 14.08% 10.96% 6.23% 7.27% 8.09% 02/03/2015
S&P SmallCap 600 Dividend Aristocrats Hybrid Index -1.46% 5.56% 7.25% 16.72% 14.55% 11.41% 6.66% 7.74% 8.55% --

Effective 09/28/2026, the underlying Index of this ETF changed to S&P SmallCap 600 Dividend Aristocrats Index. Index performance shown consists of Russell 2000 Dividend Growth Index from 02/03/15 through 09/27/26, and the S&P SmallCap 600 Dividend Aristocrats Index going forward.

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
    $664,409,053
  • Expense Ratio
    0.40%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 8/31/2026
  • Number of Holdings
    102
  • Price/Earnings Ratio
    26.006
  • Price/Book Ratio
    1.653

    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
    $0.01 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 9/25/2026
  • NAV
    $73.33
  • NAV Change
    $+0.33 up caret
  • Market Price
    $73.40
  • Market Price Change
    $+0.40 up caret
  • Trading Volume (M)
    129,567
  • 30-Day Median Bid Ask Spread
    0.05%
  • View Premium / Discount
Distributions
as of 8/31/2026
  • Distribution Frequency
    Quarterly
  • SEC 30-Day Yield
    2.56%

    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
    2.32%

    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
    $664,409,053
  • Expense Ratio
    0.40%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 8/31/2026
  • Number of Holdings
    102
  • Price/Earnings Ratio
    26.006
  • Price/Book Ratio
    1.653

    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
    $0.01 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 9/25/2026
  • NAV
    $73.33
  • NAV Change
    $+0.33 up caret
  • Market Price
    $73.40
  • Market Price Change
    $+0.40 up caret
  • Trading Volume (M)
    129,567
  • 30-Day Median Bid Ask Spread
    0.05%
  • View Premium / Discount
Distributions
as of 8/31/2026
  • Distribution Frequency
    Quarterly
  • SEC 30-Day Yield
    2.56%

    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
    2.32%

    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

Fund as of 9/25/2026

Holdings

as of 9/25/2026

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
2.20% PRGO PERRIGO CO PLC -- $14,587,643.82 946,021 BGH1M56
2.17% MKTX MARKETAXESS HOLDINGS INC -- $14,398,149.48 87,692 B03Q9D0
1.73% IOSP INNOSPEC INC -- $11,463,168.96 116,118 2245597
1.71% HNI HNI CORP -- $11,344,185.32 240,292 2435246
1.69% WOR WORTHINGTON ENTERPRISES INC -- $11,214,776.64 180,186 2981932
1.64% GFF GRIFFON CORP -- $10,868,061.01 110,459 2463344
1.63% SCL STEPAN CO -- $10,844,266.50 168,050 2845005
1.60% KWR QUAKER CHEMICAL CORPORATION -- $10,637,652.90 65,082 2715186
1.59% TMP TOMPKINS FINANCIAL CORP -- $10,594,347.57 106,401 2888613
1.58% ABM ABM INDUSTRIES INC -- $10,488,446.88 210,696 2024901
1.58% MTRN MATERION CORP -- $10,469,894.40 39,515 2149622
1.55% MATX MATSON INC -- $10,306,726.82 45,877 B8GNC91
1.54% BCPC BALCHEM CORP -- $10,258,582.67 61,103 2072074
1.54% NHC NATIONAL HEALTHCARE CORP -- $10,220,514.08 44,953 2139731
1.52% BMI BADGER METER INC -- $10,124,559.12 78,194 2069128
1.52% CHCO CITY HOLDING CO -- $10,104,146.87 71,171 2161778
1.50% WABC WESTAMERICA BANCORPORATION -- $9,982,156.44 164,532 2950374
1.50% SFNC SIMMONS FIRST NATL CORP-CL A -- $9,956,261.85 428,595 2810133
1.50% STBA S & T BANCORP INC -- $9,948,755.08 199,694 2781109
1.50% LNN LINDSAY CORP -- $9,944,891.25 87,045 2516613
1.49% JJSF J & J SNACK FOODS CORP -- $9,922,752.69 128,019 2469171
1.49% NBTB N B T BANCORP INC -- $9,874,211.04 191,472 2626459
1.46% NSP INSPERITY INC -- $9,713,938.19 203,093 2007281
1.46% UCB UNITED COMMUNITY BANKS/GA -- $9,689,691.48 283,076 2862156
1.45% HTO H2O AMERICA -- $9,647,677.91 154,933 2811932
1.45% ALG ALAMO GROUP INC -- $9,644,811.60 60,488 2021634
1.45% LKFN LAKELAND FINANCIAL CORP -- $9,614,019.03 161,553 2537528
1.44% EMN EASTMAN CHEMICAL CO -- $9,560,771.14 142,762 2298386
1.44% TR TOOTSIE ROLL INDS -- $9,558,082.56 251,264 2896809
1.44% OTTR OTTER TAIL CORP -- $9,539,635.86 106,779 2664103
1.43% WLY WILEY (JOHN) & SONS-CLASS A -- $9,520,413.45 200,219 2965668
1.42% SFBS SERVISFIRST BANCSHARES INC -- $9,448,547.13 228,723 BMH0MP5
1.42% CPK CHESAPEAKE UTILITIES CORP -- $9,431,629.88 73,244 2190750
1.42% AWR AMERICAN STATES WATER CO -- $9,423,385.20 113,809 2267171
1.41% HFWA HERITAGE FINANCIAL CORP -- $9,376,445.44 328,192 2619880
1.41% MSEX MIDDLESEX WATER CO -- $9,360,404.73 175,059 2589466
1.41% INDB INDEPENDENT BANK CORP/MA -- $9,355,513.36 116,131 2447821
1.41% BANF BANCFIRST CORP -- $9,333,840.60 85,860 2078782
1.39% NPO ENPRO INC -- $9,222,065.16 29,612 2951292
1.38% FELE FRANKLIN ELECTRIC CO INC -- $9,185,637.03 94,629 2350383
1.38% APOG APOGEE ENTERPRISES INC -- $9,157,920.80 246,512 2046176
1.38% CNS COHEN & STEERS INC -- $9,138,768.80 123,164 B02H882
1.37% UTL UNITIL CORP -- $9,126,133.72 179,014 2925037
1.37% NBHC NATIONAL BANK HOLD-CL A -- $9,104,731.35 226,655 B888DV3
1.37% CBU COMMUNITY FINANCIAL SYSTEM I -- $9,073,632.47 147,371 2222062
1.37% AUB ATLANTIC UNION BANKSHARES CO -- $9,072,038.08 233,936 BFZ9DB8
1.36% NWN NORTHWEST NATURAL HOLDING CO -- $9,036,525.12 192,103 BFNR303
1.35% RHI ROBERT HALF INC -- $8,977,624.18 243,362 2110703
1.35% CWT CALIFORNIA WATER SERVICE GRP -- $8,961,504.66 194,098 2165383
1.35% SXI STANDEX INTERNATIONAL CORP -- $8,957,595.24 31,972 2840174
1.35% TRNO TERRENO REALTY CORP -- $8,952,286.79 135,497 B3N4753
1.34% HWKN HAWKINS INC -- $8,926,553.46 69,182 2415594
1.34% BRC BRADY CORPORATION - CL A -- $8,911,077.18 106,059 2117726
1.33% KAI KADANT INC -- $8,839,799.75 32,275 2769978
1.33% FUL H.B. FULLER CO. -- $8,814,865.16 176,086 2354664
1.32% HMN HORACE MANN EDUCATORS -- $8,745,792.85 192,851 2437112
1.30% MWA MUELLER WATER PRODUCTS INC-A -- $8,607,528.72 397,944 B15RZR4
1.27% WAFD WAFD INC -- $8,451,740.55 269,593 2941981
1.26% MGEE MGE ENERGY INC -- $8,361,661.00 119,350 2554163
1.26% FCPT FOUR CORNERS PROPERTY TRUST -- $8,357,567.40 376,467 BZ16HK0
1.25% WDFC WD-40 CO -- $8,319,530.07 41,771 2944742
1.24% AVA AVISTA CORP -- $8,234,874.95 234,545 2942605
1.23% ANDE ANDERSONS INC/THE -- $8,202,418.63 122,479 2274922
1.23% LMAT LEMAITRE VASCULAR INC -- $8,171,646.32 100,241 B1G6TJ0
1.23% AGO ASSURED GUARANTY LTD -- $8,149,300.77 117,273 B00V7H8
1.19% GTY GETTY REALTY CORP -- $7,927,184.04 276,594 2698146
1.18% UVV UNIVERSAL CORP/VA -- $7,826,201.72 184,276 2923804
1.17% TNC TENNANT CO -- $7,786,374.30 114,945 2883641
1.15% TRN TRINITY INDUSTRIES INC -- $7,666,235.07 274,677 2904627
1.07% POWI POWER INTEGRATIONS INC -- $7,135,184.14 136,637 2133045
-- -- NET OTHER ASSETS (LIABILITIES) -- $-864,449.83 -864,450 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

 
About the Index

The Index is designed to measure the performance of companies in the S&P SmallCap 600 Index that have increased dividends every year for at least 10 consecutive years. The S&P SmallCap 600 Index seeks to measure the performance of small-cap companies listed and domiciled in the U.S. The Index selects at least 40 companies. These companies are equally weighted in the Index, except that no sector is allowed to be more than 30% of the Index. The Index’s composition is reevaluated annually in January and the weightings are reset to equal weight each quarter in January, April, July and October. The Index is constructed and maintained by S&P Dow Jones Indices LLC.

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
Get the latest perspectives and updates.

*If fewer than 40 stocks meet criteria, the index may include companies with shorter dividend growth histories. Special dividend payments are not taken into consideration. There is no guarantee dividends will be paid. Companies may reduce or eliminate dividends at any time, and those that do will be dropped from the index at reconstitution.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

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.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see their summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investments in smaller companies typically exhibit higher volatility. Small- and mid-cap companies may have limited product lines or resources, may be dependent upon a particular market niche and may have greater fluctuations in price than the stocks of larger companies. Small- and mid-cap companies may lack the financial and personnel resources to handle economic or industry-wide setbacks and, as a result, such setbacks could have a greater effect on small- and mid-cap security prices.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

The "S&P SmallCap 600® Dividend Aristocrats Index" is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. "S&P®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "Dow Jones®" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ProShares have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability. ProShares based on the S&P SmallCap 600® Dividend Aristocrats Index are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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