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, Other
Summary Prospectus
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Statutory Prospectus
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SAI
This links to a pdf file This link opens a new window
Annual Report
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Semi-Annual Report
This links to a pdf file This link opens a new window
NAV History
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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 9/30/2026
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
SMDV NAV -5.21% -6.32% 5.30% 10.30% 10.30% 11.17% 5.84% 6.63% 7.54% 02/03/2015
SMDV Market Price -5.14% -6.36% 5.43% 10.33% 10.30% 11.17% 5.83% 6.62% 7.54% 02/03/2015
S&P SmallCap 600 Dividend Aristocrats Hybrid Index -5.22% -6.26% 5.49% 10.63% 10.73% 11.59% 6.24% 7.08% 7.99% --

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
    $651,851,305
  • Expense Ratio
    0.40%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 9/30/2026
  • Number of Holdings
    72
  • Price/Earnings Ratio
    27.462
  • Price/Book Ratio
    1.766

    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
    $2.96 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 10/20/2026
  • NAV
    $73.08
  • NAV Change
    $+0.95 up caret
  • Market Price
    $73.11
  • Market Price Change
    $+0.96 up caret
  • Trading Volume (M)
    136,726
  • 30-Day Median Bid Ask Spread
    0.06%
  • View Premium / Discount
Distributions
as of 9/30/2026
  • Distribution Frequency
    Quarterly
  • 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
    $651,851,305
  • Expense Ratio
    0.40%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 9/30/2026
  • Number of Holdings
    72
  • Price/Earnings Ratio
    27.462
  • Price/Book Ratio
    1.766

    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
    $2.96 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 10/20/2026
  • NAV
    $73.08
  • NAV Change
    $+0.95 up caret
  • Market Price
    $73.11
  • Market Price Change
    $+0.96 up caret
  • Trading Volume (M)
    136,726
  • 30-Day Median Bid Ask Spread
    0.06%
  • View Premium / Discount
Distributions
as of 9/30/2026
  • Distribution Frequency
    Quarterly
  • 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 10/20/2026

Holdings

as of 10/20/2026

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
2.31% PRGO PERRIGO CO PLC -- $15,027,654.18 929,354 BGH1M56
2.17% MKTX MARKETAXESS HOLDINGS INC -- $14,169,662.07 86,143 B03Q9D0
1.74% IOSP INNOSPEC INC -- $11,310,883.72 114,067 2245597
1.74% WOR WORTHINGTON ENTERPRISES INC -- $11,310,683.40 177,006 2981932
1.68% NHC NATIONAL HEALTHCARE CORP -- $10,949,526.28 44,162 2139731
1.66% HNI HNI CORP -- $10,849,363.56 236,061 2435246
1.64% MATX MATSON INC -- $10,693,758.90 45,070 B8GNC91
1.64% ABM ABM INDUSTRIES INC -- $10,672,043.48 206,983 2024901
1.60% APOG APOGEE ENTERPRISES INC -- $10,444,662.71 242,167 2046176
1.60% SCL STEPAN CO -- $10,432,353.05 165,095 2845005
1.59% TMP TOMPKINS FINANCIAL CORP -- $10,384,856.80 104,528 2888613
1.58% GFF GRIFFON CORP -- $10,306,984.94 108,506 2463344
1.58% BCPC BALCHEM CORP -- $10,300,975.64 60,022 2072074
1.58% JJSF J & J SNACK FOODS CORP -- $10,289,601.38 125,759 2469171
1.58% WLY WILEY (JOHN) & SONS-CLASS A -- $10,282,639.52 196,684 2965668
1.55% KWR QUAKER CHEMICAL CORPORATION -- $10,099,969.92 63,936 2715186
1.53% NSP INSPERITY INC -- $9,979,440.18 199,509 2007281
1.52% CHCO CITY HOLDING CO -- $9,934,495.20 69,912 2161778
1.52% BMI BADGER METER INC -- $9,910,677.21 76,821 2069128
1.51% UCB UNITED COMMUNITY BANKS/GA -- $9,863,745.89 278,087 2862156
1.51% WABC WESTAMERICA BANCORPORATION -- $9,859,247.00 161,627 2950374
1.49% NBTB N B T BANCORP INC -- $9,702,043.26 188,097 2626459
1.48% STBA S & T BANCORP INC -- $9,659,657.00 196,175 2781109
1.47% SFNC SIMMONS FIRST NATL CORP-CL A -- $9,586,989.72 421,036 2810133
1.45% UTL UNITIL CORP -- $9,443,950.50 175,865 2925037
1.45% OTTR OTTER TAIL CORP -- $9,425,505.26 104,891 2664103
1.44% CPK CHESAPEAKE UTILITIES CORP -- $9,370,439.19 71,953 2190750
1.43% FELE FRANKLIN ELECTRIC CO INC -- $9,314,263.54 92,966 2350383
1.43% MTRN MATERION CORP -- $9,305,930.40 38,820 2149622
1.43% LKFN LAKELAND FINANCIAL CORP -- $9,298,877.49 158,711 2537528
1.43% AWR AMERICAN STATES WATER CO -- $9,295,550.84 111,806 2267171
1.43% MSEX MIDDLESEX WATER CO -- $9,293,474.96 171,974 2589466
1.43% BANF BANCFIRST CORP -- $9,291,114.72 84,342 2078782
1.42% INDB INDEPENDENT BANK CORP/MA -- $9,226,790.40 114,080 2447821
1.42% NWN NORTHWEST NATURAL HOLDING CO -- $9,226,178.57 188,713 BFNR303
1.40% LNN LINDSAY CORP -- $9,133,536.72 85,512 2516613
1.40% TR TOOTSIE ROLL INDS -- $9,108,359.10 246,839 2896809
1.38% HFWA HERITAGE FINANCIAL CORP -- $8,979,118.50 322,410 2619880
1.37% EMN EASTMAN CHEMICAL CO -- $8,905,430.50 140,243 2298386
1.37% HWKN HAWKINS INC -- $8,901,687.43 67,957 2415594
1.36% SFBS SERVISFIRST BANCSHARES INC -- $8,895,318.74 224,686 BMH0MP5
1.36% CWT CALIFORNIA WATER SERVICE GRP -- $8,860,713.72 190,676 2165383
1.36% ALG ALAMO GROUP INC -- $8,850,906.90 59,422 2021634
1.35% CBU COMMUNITY FINANCIAL SYSTEM I -- $8,803,585.32 144,772 2222062
1.35% HMN HORACE MANN EDUCATORS -- $8,802,311.60 189,460 2437112
1.35% AUB ATLANTIC UNION BANKSHARES CO -- $8,781,345.78 229,818 BFZ9DB8
1.34% FUL H.B. FULLER CO. -- $8,747,851.45 172,985 2354664
1.34% CNS COHEN & STEERS INC -- $8,715,557.97 120,999 B02H882
1.33% TRNO TERRENO REALTY CORP -- $8,689,290.24 133,108 B3N4753
1.33% BRC BRADY CORPORATION - CL A -- $8,656,814.74 104,186 2117726
1.33% HTO H2O AMERICA -- $8,655,841.48 152,204 2811932
1.32% MWA MUELLER WATER PRODUCTS INC-A -- $8,596,616.67 390,933 B15RZR4
1.30% AVA AVISTA CORP -- $8,490,645.35 230,411 2942605
1.30% NBHC NATIONAL BANK HOLD-CL A -- $8,467,949.95 222,665 B888DV3
1.30% MGEE MGE ENERGY INC -- $8,465,522.20 117,251 2554163
1.29% NPO ENPRO INC -- $8,424,166.30 29,095 2951292
1.29% KAI KADANT INC -- $8,396,860.29 31,709 2769978
1.27% WDFC WD-40 CO -- $8,263,852.30 41,030 2944742
1.26% LMAT LEMAITRE VASCULAR INC -- $8,213,315.40 98,481 B1G6TJ0
1.26% SXI STANDEX INTERNATIONAL CORP -- $8,185,292.34 31,407 2840174
1.24% RHI ROBERT HALF INC -- $8,092,417.95 239,067 2110703
1.24% FCPT FOUR CORNERS PROPERTY TRUST -- $8,084,461.94 369,829 BZ16HK0
1.24% AGO ASSURED GUARANTY LTD -- $8,065,572.06 115,206 B00V7H8
1.21% ANDE ANDERSONS INC/THE -- $7,873,479.04 120,316 2274922
1.17% GTY GETTY REALTY CORP -- $7,618,944.68 271,717 2698146
1.16% WAFD WAFD INC -- $7,579,863.90 264,845 2941981
1.14% TNC TENNANT CO -- $7,463,279.34 112,926 2883641
1.10% UVV UNIVERSAL CORP/VA -- $7,176,029.20 181,030 2923804
1.03% TRN TRINITY INDUSTRIES INC -- $6,697,230.24 269,832 2904627
0.97% POWI POWER INTEGRATIONS INC -- $6,304,830.07 134,231 2133045
-- -- NET OTHER ASSETS (LIABILITIES) -- $1,382,214.51 1,382,215 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

 
About the Index

The S&P SmallCap 600 Dividend Aristocrats 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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