SMDV

Russell 2000 Dividend Growers ETF

Why Invest in SMDV?

  • The only ETF focusing exclusively on the best dividend growers in the Russell 2000—quality companies that have not just paid dividends but grown them for at least 10 consecutive years.

  • As a group, SMDV's holdings generally have had stable earnings, solid fundamentals, and strong histories of profit and growth.

  • SMDV's strategy has a demonstrated history of weathering market turbulence over time by capturing a significant portion of the gains of rising markets and fewer of the losses in falling markets.

Why Invest in SMDV?

  • The only ETF focusing exclusively on the best dividend growers in the Russell 2000—quality companies that have not just paid dividends but grown them for at least 10 consecutive years.

  • As a group, SMDV's holdings generally have had stable earnings, solid fundamentals, and strong histories of profit and growth.

  • SMDV's strategy has a demonstrated history of weathering market turbulence over time by capturing a significant portion of the gains of rising markets and fewer of the losses in falling markets.

Performance

Growth of $10,000

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

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
SMDV Market Price -0.29% -0.29% 7.94% 5.43% 2.72% 8.81% 6.60% -- 8.32% 02/03/2015
SMDV NAV -0.31% -0.37% 8.02% 5.34% 2.74% 8.85% 6.61% -- 8.31% 02/03/2015
Russell 2000 Dividend Growth Index -0.27% -0.29% 8.24% 5.42% 3.13% 9.38% 7.09% -- 8.79% --

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
  • Unitary Expense Ratio 0.40%*
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 2/28/2023
  • Number of Companies 96
  • Price/Earnings Ratio 17.34
  • Price/Book Ratio 1.81

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Distribution Yield 3.4%

    Distribution Yield represents the annualized yield based on the last income distribution.

  • Weighted Avg. Market Cap $2.81 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.

  • SEC 30-Day Yield 2.39%

    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.

  • Weighted Average Yield to
    Maturity
    --
  • Net Effective Duration --
Price
as of 3/30/2023
  • NAV $60.32
  • NAV Change $-0.20 down caret
  • Market Price $60.26
  • Market Price Change $-0.26 down caret
  • Trading Volume (M) 104,819
  • 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
  • Unitary Expense Ratio 0.40%*
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 2/28/2023
  • Number of Companies 96
  • Price/Earnings Ratio 17.34
  • Price/Book Ratio 1.81

    Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.

  • Distribution Yield 3.4%

    Distribution Yield represents the annualized yield based on the last income distribution.

  • Weighted Avg. Market Cap $2.81 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.

  • SEC 30-Day Yield 2.39%

    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.

  • Weighted Average Yield to Maturity --
  • Net Effective Duration --
Price
as of 3/30/2023
  • NAV $60.32
  • NAV Change $-0.20 down caret
  • Market Price $60.26
  • Market Price Change $-0.26 down caret
  • Trading Volume (M) 104,819
  • 30-Day Median Bid Ask Spread 0.08%
  • View Premium / Discount

Exposures

Index as of 12/30/2022 and Fund as of 3/30/2023

Holdings

as of 3/30/2023

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
1.19% HCSG HEALTHCARE SERVICES GROUP -- $9,921,832.62 722,113 2417619
1.18% LANC LANCASTER COLONY CORP -- $9,874,277.60 49,160 2503206
1.16% TR TOOTSIE ROLL INDS -- $9,731,632.75 218,934 2896809
1.16% SWX SOUTHWEST GAS HOLDINGS INC -- $9,664,400.76 154,779 2831888
1.15% ALE ALLETE INC -- $9,618,900.90 150,178 B02R1L6
1.15% NJR NEW JERSEY RESOURCES CORP -- $9,602,504.13 181,969 2630513
1.14% MSEX MIDDLESEX WATER CO -- $9,563,070.31 123,061 2589466
1.14% LMAT LEMAITRE VASCULAR INC -- $9,524,675.68 184,301 B1G6TJ0
1.14% UVV UNIVERSAL CORP/VA -- $9,522,332.36 181,828 2923804
1.14% JJSF J & J SNACK FOODS CORP -- $9,517,107.60 65,052 2469171
1.14% AVA AVISTA CORP -- $9,512,915.44 224,998 2942605
1.14% ENSG ENSIGN GROUP INC/THE -- $9,503,482.77 102,177 B1YWPP8
1.13% WDFC WD-40 CO -- $9,474,350.08 54,028 2944742
1.13% CWT CALIFORNIA WATER SERVICE GRP -- $9,467,508.05 164,395 2165383
1.13% SR SPIRE INC -- $9,457,717.41 133,527 BYXJQG9
1.13% BKH BLACK HILLS CORP -- $9,435,709.92 150,059 2101741
1.13% POR PORTLAND GENERAL ELECTRIC CO -- $9,434,239.01 195,853 B125XQ6
1.13% GATX GATX CORP -- $9,415,086.75 86,815 2362128
1.13% AWR AMERICAN STATES WATER CO -- $9,411,687.14 107,158 2267171
1.13% WOR WORTHINGTON INDUSTRIES -- $9,411,387.66 149,174 2981932
1.12% SJW SJW GROUP -- $9,391,442.06 123,914 2811932
1.12% SXI STANDEX INTERNATIONAL CORP -- $9,347,020.80 77,376 2840174
1.12% PNM PNM RESOURCES INC -- $9,321,141.60 191,007 2707826
1.11% NWE NORTHWESTERN CORP -- $9,298,709.64 161,942 B03PGL4
1.11% ATRI ATRION CORPORATION -- $9,276,765.06 14,874 2012735
1.11% TRNO TERRENO REALTY CORP -- $9,252,083.50 146,278 B3N4753
1.10% NWN NORTHWEST NATURAL HOLDING CO -- $9,187,449.18 193,583 BFNR303
1.10% POWI POWER INTEGRATIONS INC -- $9,170,312.29 110,101 2133045
1.10% ALG ALAMO GROUP INC -- $9,159,508.80 50,661 2021634
1.09% CPK CHESAPEAKE UTILITIES CORP -- $9,144,064.80 72,228 2190750
1.09% KW KENNEDY-WILSON HOLDINGS INC -- $9,142,916.88 558,858 B298495
1.09% SXT SENSIENT TECHNOLOGIES CORP -- $9,108,453.69 122,409 2923741
1.09% CCOI COGENT COMMUNICATIONS HOLDIN -- $9,102,084.40 145,820 B06RWD1
1.09% STAG STAG INDUSTRIAL INC -- $9,079,173.60 273,140 B64BRQ5
1.08% KWR QUAKER CHEMICAL CORPORATION -- $9,044,526.30 46,778 2715186
1.08% BMI BADGER METER INC -- $9,040,765.75 75,497 2069128
1.08% MTRN MATERION CORP -- $9,017,688.20 79,465 2149622
1.08% NSP INSPERITY INC -- $8,987,280.36 75,727 2007281
1.07% AIT APPLIED INDUSTRIAL TECH INC -- $8,947,904.36 64,732 2086309
1.07% ADC AGREE REALTY CORP -- $8,932,720.67 132,317 2062161
1.07% FELE FRANKLIN ELECTRIC CO INC -- $8,921,127.60 96,549 2350383
1.07% SCL STEPAN CO -- $8,905,675.00 88,175 2845005
1.05% BRC BRADY CORPORATION - CL A -- $8,794,391.68 166,592 2117726
1.05% BCPC BALCHEM CORP -- $8,794,209.00 70,410 2072074
1.05% AUB ATLANTIC UNION BANKSHARES CO -- $8,774,097.86 251,119 BFZ9DB8
1.05% LNN LINDSAY CORP -- $8,771,074.52 59,236 2516613
1.05% UHT UNIVERSAL HEALTH RLTY INCOME -- $8,750,697.36 184,264 2927497
1.05% NUS NU SKIN ENTERPRISES INC - A -- $8,746,186.40 223,117 2616870
1.04% WTS WATTS WATER TECHNOLOGIES-A -- $8,726,954.40 52,699 2943620
1.04% HI HILLENBRAND INC -- $8,713,735.91 188,161 B2QGDP1
1.04% CHCO CITY HOLDING CO -- $8,690,517.00 95,700 2161778
1.04% FUL H.B. FULLER CO. -- $8,676,471.15 129,403 2354664
1.04% EXPO EXPONENT INC -- $8,667,954.42 88,566 2330318
1.04% KAI KADANT INC -- $8,661,281.16 42,476 2769978
1.03% MGRC MCGRATH RENTCORP -- $8,569,638.00 92,745 2551551
1.02% MATW MATTHEWS INTL CORP-CLASS A -- $8,545,652.28 239,777 2568090
1.02% ABM ABM INDUSTRIES INC -- $8,519,169.49 191,399 2024901
1.02% AVNT AVIENT CORP -- $8,498,257.95 210,405 BMHWY55
1.02% AMSF AMERISAFE INC -- $8,492,328.25 173,845 B0PPHS6
1.01% GBCI GLACIER BANCORP INC -- $8,469,247.42 201,122 2370585
1.01% HMN HORACE MANN EDUCATORS -- $8,458,616.04 254,471 2437112
1.00% SSB SOUTHSTATE CORP -- $8,338,813.44 117,184 BNFX071
1.00% HOMB HOME BANCSHARES INC -- $8,333,323.20 385,802 B17MTL9
0.99% AGM FEDERAL AGRIC MTG CORP-CL C -- $8,264,380.08 63,348 2363381
0.99% APOG APOGEE ENTERPRISES INC -- $8,256,978.52 195,524 2046176
0.99% ANDE ANDERSONS INC/THE -- $8,232,682.92 201,732 2274922
0.98% TMP TOMPKINS FINANCIAL CORP -- $8,206,281.00 125,325 2888613
0.98% UBSI UNITED BANKSHARES INC -- $8,177,263.08 233,436 2905794
0.97% SPTN SPARTANNASH CO -- $8,138,067.00 334,075 BN40158
0.97% NWBI NORTHWEST BANCSHARES INC -- $8,138,000.02 677,602 B523Z73
0.97% PETS PETMED EXPRESS INC -- $8,132,039.10 511,449 2143099
0.97% CBU COMMUNITY BANK SYSTEM INC -- $8,113,071.40 156,623 2222062
0.97% CNS COHEN & STEERS INC -- $8,082,445.41 130,341 B02H882
0.97% SBSI SOUTHSIDE BANCSHARES INC -- $8,069,843.60 245,284 2485876
0.96% KALU KAISER ALUMINUM CORP -- $8,053,234.72 110,804 B15CJ33
0.96% TDS TELEPHONE AND DATA SYSTEMS -- $8,046,873.64 783,532 B6YR5K3
0.95% IBOC INTERNATIONAL BANCSHARES CRP -- $7,979,653.63 190,037 2243911
0.95% THFF FIRST FINANCIAL CORP/INDIANA -- $7,964,000.62 213,971 2362515
0.95% TRN TRINITY INDUSTRIES INC -- $7,958,795.60 333,004 2904627
0.95% FIBK FIRST INTERSTATE BANCSYS-A -- $7,955,641.26 265,986 B4RGHN0
0.95% WSBC WESBANCO INC -- $7,943,973.89 261,229 2953782
0.95% HNI HNI CORP -- $7,941,745.99 289,739 2435246
0.95% CNO CNO FINANCIAL GROUP INC -- $7,936,542.84 360,916 2657750
0.95% WLY WILEY (JOHN) & SONS-CLASS A -- $7,936,126.44 207,372 2965668
0.94% INDB INDEPENDENT BANK CORP/MA -- $7,826,403.34 119,798 2447821
0.93% PLOW DOUGLAS DYNAMICS INC -- $7,806,330.39 248,847 B3N5WD9
0.93% WASH WASHINGTON TRUST BANCORP -- $7,748,633.88 222,534 2942025
0.92% GFF GRIFFON CORP -- $7,711,812.58 245,834 2463344
0.92% PEBO PEOPLES BANCORP INC -- $7,707,094.65 302,595 2679419
0.91% FULT FULTON FINANCIAL CORP -- $7,576,043.68 547,402 2356585
0.90% LBAI LAKELAND BANCORP INC -- $7,532,617.62 485,662 2620031
0.90% FRME FIRST MERCHANTS CORP -- $7,509,599.86 228,742 2342410
0.89% SASR SANDY SPRING BANCORP INC -- $7,442,423.73 288,131 2148254
0.88% SFNC SIMMONS FIRST NATL CORP-CL A -- $7,383,901.98 427,062 2810133
0.87% ASB ASSOCIATED BANC-CORP -- $7,260,036.30 404,910 2055718
0.82% ABR ARBOR REALTY TRUST INC -- $6,863,920.29 620,047 B00N2S0
-- -- NET OTHER ASSETS (LIABILITIES) -- $2,932,082.63 2,932,083 --

Index

as of 12/30/2022

  • Total Number of Companies97
  • Price/Earnings Ratio16.748
  • Price/Book Ratio1.81
  • Dividend Yield ( % )3.08
  • Avg. Index Market Capitalization$2.73 billion
About the Index

The index targets companies that are currently members of the Russell 2000 Index and have increased dividend payments each year for at least 10 years. The index contains a minimum of 40 stocks, which are equally weighted. No single sector is allowed to comprise more than 30% of the index's weight. If there are fewer than 40 stocks with at least 10 consecutive years of dividend growth, the index will include companies with shorter dividend growth histories. The index is rebalanced each March, June, September and December, with an annual reconstitution during the June rebalance.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

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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.

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

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

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.

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.

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 "Russell 2000® Dividend Growth Index" and "Russell®" are trademarks of Russell Investment Group ("Russell") and have been licensed for use by ProShares. ProShares have not been passed on by Russell as to their legality or suitability. ProShares based on the Russell 2000 Dividend Growth Index are not sponsored, endorsed, sold, or promoted by Russell, and it makes no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS 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 ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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