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 4.42% 2.90% 10.42% -1.74% 15.25% 0.78% 4.69% -- 7.34% 02/03/2015
SMDV NAV 4.34% 2.82% 10.34% -1.72% 15.22% 0.78% 4.70% -- 7.34% 02/03/2015
Russell 2000 Dividend Growth Index 4.38% 2.93% 10.56% -1.57% 15.67% 1.17% 5.14% -- 7.80% --

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
    2/5/15
  • Expense Ratio
    0.40%
  • NAV Calculation Time
    4:00 p.m. ET
Characteristics
as of 5/31/2024
  • Number of Companies
    101
  • Price/Earnings Ratio
    22.4
  • Price/Book Ratio
    1.47

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

  • 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.

  • Weighted Average Yield to
    Maturity
    --
  • Net Effective Duration
    --
Price
as of 6/14/2024
  • NAV
    $61.04
  • NAV Change
    $-0.76 down caret
  • Market Price
    $61.03
  • Market Price Change
    $-0.74 down caret
  • Trading Volume (M)
    35,579
  • 30-Day Median Bid Ask Spread
    0.06%
  • View Premium / Discount
Snapshot
  • Ticker
    SMDV
  • Intraday Ticker
    SMDV.IV
  • CUSIP
    74347B698
  • Inception Date
    2/5/15
  • Expense Ratio
    0.40%
  • NAV Calculation Time
    4:00 p.m. ET
Characteristics
as of 5/31/2024
  • Number of Companies
    101
  • Price/Earnings Ratio
    22.4
  • Price/Book Ratio
    1.47

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

  • Distribution Yield
    --

    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.

  • Weighted Average Yield to Maturity
    --
  • Net Effective Duration
    --
Price
as of 6/14/2024
  • NAV
    $61.04
  • NAV Change
    $-0.76 down caret
  • Market Price
    $61.03
  • Market Price Change
    $-0.74 down caret
  • Trading Volume (M)
    35,579
  • 30-Day Median Bid Ask Spread
    0.06%
  • View Premium / Discount

Exposures

Index as of 3/28/2024 and Fund as of 6/14/2024

Holdings

as of 6/14/2024

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
1.28% TDS TELEPHONE AND DATA SYSTEMS -- $8,096,499.16 411,826 B6YR5K3
1.27% HY HYSTER-YALE INC -- $8,002,478.07 110,853 B7LG306
1.26% ATRI ATRION CORPORATION -- $7,976,350.20 17,682 2012735
1.22% KALU KAISER ALUMINUM CORP -- $7,691,359.20 86,226 B15CJ33
1.21% WLY WILEY (JOHN) & SONS-CLASS A -- $7,666,074.03 191,031 2965668
1.20% ABM ABM INDUSTRIES INC -- $7,572,475.02 154,006 2024901
1.19% LMAT LEMAITRE VASCULAR INC -- $7,522,933.79 93,931 B1G6TJ0
1.18% EXPO EXPONENT INC -- $7,480,312.40 78,616 2330318
1.17% BMI BADGER METER INC -- $7,399,689.01 39,683 2069128
1.16% JJSF J & J SNACK FOODS CORP -- $7,295,726.82 44,386 2469171
1.14% SXT SENSIENT TECHNOLOGIES CORP -- $7,177,222.16 95,176 2923741
1.13% TRN TRINITY INDUSTRIES INC -- $7,121,411.10 253,431 2904627
1.12% ALE ALLETE INC -- $7,065,513.00 112,151 B02R1L6
1.11% KW KENNEDY-WILSON HOLDINGS INC -- $7,016,906.26 721,162 B298495
1.09% APOG APOGEE ENTERPRISES INC -- $6,870,306.00 111,170 2046176
1.08% MATX MATSON INC -- $6,848,565.20 57,580 B8GNC91
1.07% POR PORTLAND GENERAL ELECTRIC CO -- $6,746,511.03 158,109 B125XQ6
1.07% ABR ARBOR REALTY TRUST INC -- $6,724,432.17 491,193 B00N2S0
1.06% CPF CENTRAL PACIFIC FINANCIAL CO -- $6,713,527.10 340,270 2230946
1.06% AVNT AVIENT CORP -- $6,712,413.12 156,576 BMHWY55
1.05% CWT CALIFORNIA WATER SERVICE GRP -- $6,632,366.52 139,394 2165383
1.04% SWX SOUTHWEST GAS HOLDINGS INC -- $6,569,998.44 91,174 2831888
1.04% FULT FULTON FINANCIAL CORP -- $6,569,920.10 414,506 2356585
1.04% NWE NORTHWESTERN ENERGY GROUP IN -- $6,548,520.00 132,000 B03PGL4
1.04% CATC CAMBRIDGE BANCORP -- $6,537,304.24 101,228 2183062
1.03% CPK CHESAPEAKE UTILITIES CORP -- $6,525,428.90 61,870 2190750
1.03% AVA AVISTA CORP -- $6,516,023.40 190,527 2942605
1.03% SASR SANDY SPRING BANCORP INC -- $6,494,842.80 291,510 2148254
1.03% OGS ONE GAS INC -- $6,486,110.63 106,697 BJ0KXV4
1.03% BKH BLACK HILLS CORP -- $6,483,278.38 123,397 2101741
1.03% PNM PNM RESOURCES INC -- $6,477,297.12 172,452 2707826
1.02% PEBO PEOPLES BANCORP INC -- $6,441,420.43 227,371 2679419
1.02% GATX GATX CORP -- $6,440,688.18 49,689 2362128
1.02% POWI POWER INTEGRATIONS INC -- $6,432,448.92 87,196 2133045
1.01% GTY GETTY REALTY CORP -- $6,398,618.94 239,022 2698146
1.01% NJR NEW JERSEY RESOURCES CORP -- $6,393,677.28 151,941 2630513
1.00% MSEX MIDDLESEX WATER CO -- $6,340,496.25 123,717 2589466
1.00% FIX COMFORT SYSTEMS USA INC -- $6,336,945.35 20,191 2036047
1.00% CAC CAMDEN NATIONAL CORP -- $6,311,580.32 202,424 2116659
1.00% UHT UNIVERSAL HEALTH RLTY INCOME -- $6,302,065.42 162,802 2927497
1.00% ARTNA ARTESIAN RESOURCES CORP-CL A -- $6,285,447.00 183,785 2418258
0.99% HNI HNI CORP -- $6,268,496.70 144,602 2435246
0.99% NUS NU SKIN ENTERPRISES INC - A -- $6,235,585.20 502,060 2616870
0.99% WASH WASHINGTON TRUST BANCORP -- $6,225,352.26 246,451 2942025
0.99% SR SPIRE INC -- $6,224,657.73 106,459 BYXJQG9
0.99% AWR AMERICAN STATES WATER CO -- $6,223,560.54 88,579 2267171
0.98% CADE CADENCE BANK -- $6,216,871.29 230,853 BMCS168
0.98% LNN LINDSAY CORP -- $6,215,650.00 52,675 2516613
0.98% STBA S & T BANCORP INC -- $6,203,452.14 206,369 2781109
0.98% ENSG ENSIGN GROUP INC/THE -- $6,192,581.76 52,056 B1YWPP8
0.98% FUL H.B. FULLER CO. -- $6,175,310.90 79,805 2354664
0.97% PFC PREMIER FINANCIAL CORP -- $6,152,065.92 328,636 BLFBX72
0.97% ASB ASSOCIATED BANC-CORP -- $6,149,520.00 307,476 2055718
0.97% FIBK FIRST INTERSTATE BANCSYS-A -- $6,136,869.51 243,237 B4RGHN0
0.97% HBNC HORIZON BANCORP INC/IN -- $6,134,284.98 529,731 2949316
0.97% UVV UNIVERSAL CORP/VA -- $6,113,175.84 131,636 2923804
0.97% BUSE FIRST BUSEY CORP -- $6,108,194.26 276,514 BZ1LBM5
0.97% CNS COHEN & STEERS INC -- $6,106,654.62 86,878 B02H882
0.97% OTTR OTTER TAIL CORP -- $6,104,292.66 70,758 2664103
0.97% BCPC BALCHEM CORP -- $6,092,698.08 40,432 2072074
0.96% NWN NORTHWEST NATURAL HOLDING CO -- $6,086,254.02 171,831 BFNR303
0.96% AIT APPLIED INDUSTRIAL TECH INC -- $6,071,104.11 32,979 2086309
0.96% SCL STEPAN CO -- $6,068,438.94 72,166 2845005
0.96% WS WORTHINGTON STEEL INC -- $6,065,987.40 204,242 BS70KN1
0.95% FRME FIRST MERCHANTS CORP -- $6,013,286.08 193,727 2342410
0.95% PLOW DOUGLAS DYNAMICS INC -- $6,008,338.98 257,758 B3N5WD9
0.95% UCBI UNITED COMMUNITY BANKS/GA -- $5,992,245.98 247,409 2862156
0.95% GBCI GLACIER BANCORP INC -- $5,967,223.92 169,139 2370585
0.94% AUB ATLANTIC UNION BANKSHARES CO -- $5,917,411.80 191,502 BFZ9DB8
0.93% SXI STANDEX INTERNATIONAL CORP -- $5,898,552.66 36,183 2840174
0.93% MATW MATTHEWS INTL CORP-CLASS A -- $5,879,226.65 222,277 2568090
0.93% FELE FRANKLIN ELECTRIC CO INC -- $5,869,115.30 61,073 2350383
0.93% SJW SJW GROUP -- $5,849,550.87 112,513 2811932
0.92% HMN HORACE MANN EDUCATORS -- $5,833,922.16 177,972 2437112
0.92% WSBC WESBANCO INC -- $5,816,297.12 222,676 2953782
0.92% INDB INDEPENDENT BANK CORP/MA -- $5,789,641.76 124,562 2447821
0.91% UBSI UNITED BANKSHARES INC -- $5,775,944.82 185,662 2905794
0.91% WTS WATTS WATER TECHNOLOGIES-A -- $5,769,691.20 30,821 2943620
0.91% TMP TOMPKINS FINANCIAL CORP -- $5,759,079.97 130,799 2888613
0.91% NSP INSPERITY INC -- $5,745,309.68 61,864 2007281
0.91% LANC LANCASTER COLONY CORP -- $5,742,316.80 30,780 2503206
0.90% GFF GRIFFON CORP -- $5,701,908.60 88,884 2463344
0.90% SBSI SOUTHSIDE BANCSHARES INC -- $5,680,833.48 222,516 2485876
0.90% SPTN SPARTANNASH CO -- $5,668,063.80 305,556 BN40158
0.89% BMRC BANK OF MARIN BANCORP/CA -- $5,643,055.74 382,062 2647375
0.89% TRNO TERRENO REALTY CORP -- $5,618,187.18 96,882 B3N4753
0.89% HI HILLENBRAND INC -- $5,597,067.98 133,486 B2QGDP1
0.87% ANDE ANDERSONS INC/THE -- $5,521,764.42 114,417 2274922
0.87% FLIC FIRST OF LONG ISLAND CORP -- $5,517,099.00 583,820 2355913
0.87% ALG ALAMO GROUP INC -- $5,480,815.50 31,310 2021634
0.86% KAI KADANT INC -- $5,457,151.98 19,397 2769978
0.86% KWR QUAKER CHEMICAL CORPORATION -- $5,445,760.32 32,032 2715186
0.86% SFNC SIMMONS FIRST NATL CORP-CL A -- $5,416,677.54 333,129 2810133
0.85% CASS CASS INFORMATION SYSTEMS INC -- $5,357,460.16 132,512 2086558
0.84% MGRC MCGRATH RENTCORP -- $5,322,138.36 50,876 2551551
0.83% WDFC WD-40 CO -- $5,244,933.90 23,645 2944742
0.82% WOR WORTHINGTON ENTERPRISES INC -- $5,161,387.50 100,710 2981932
0.80% MTRN MATERION CORP -- $5,068,296.87 46,803 2149622
0.77% JOUT JOHNSON OUTDOORS INC-A -- $4,854,442.66 138,461 2476847
0.75% CSGS CSG SYSTEMS INTL INC -- $4,712,276.80 116,410 2210885
0.67% CCOI COGENT COMMUNICATIONS HOLDIN -- $4,216,091.82 80,799 B06RWD1
-- -- NET OTHER ASSETS (LIABILITIES) -- $2,236,006.42 2,236,006 --

Index

as of 3/28/2024

  • Total Number of Companies102
  • Price/Earnings Ratio17.205
  • Price/Book Ratio1.575
  • Dividend Yield ( % )3.43
  • Avg. Index Market Capitalization$2.68 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 capital gain 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.

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