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 11/30/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | 2.80% | -1.58% | 5.25% | 0.75% | -8.16% | 3.56% | 6.70% | 7.20% | 7.20% | 02/03/2015 |
| SMDV Market Price | 2.73% | -1.55% | 5.28% | 0.64% | -8.34% | 3.57% | 6.69% | 7.19% | 7.20% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | 2.84% | -1.49% | 5.47% | 1.11% | -7.82% | 3.94% | 7.12% | 7.66% | 7.66% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | -1.98% | 3.03% | 2.86% | 0.34% | -1.20% | 9.33% | 9.98% | 8.16% | 7.28% | 02/03/2015 |
| SMDV Market Price | -1.89% | 3.10% | 2.87% | 0.30% | -1.23% | 9.30% | 9.97% | 8.22% | 7.28% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -1.95% | 3.14% | 3.07% | 0.63% | -0.84% | 9.75% | 10.41% | 8.61% | 7.73% | -- |
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
- Expense Ratio 0.40%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
- Options Available Yes
Characteristics
as of 11/30/2025- Number of Companies 106
- Price/Earnings Ratio 18.6
- Price/Book Ratio 1.62
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 $2.69 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 12/19/2025- NAV $68.03
- NAV Change $-0.91
- Market Price $68.00
- Market Price Change $-0.97
- Trading Volume (M) 16,318
- View Premium / Discount
Snapshot
- Ticker SMDV
- Intraday Ticker SMDV.IV
- CUSIP 74347B698
- Inception Date 2/3/15
- Expense Ratio 0.40%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
- Options Available Yes
Characteristics
as of 11/30/2025- Number of Companies 106
- Price/Earnings Ratio 18.6
- Price/Book Ratio 1.62
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 $2.69 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 12/19/2025- NAV $68.03
- NAV Change $-0.91
- Market Price $68.00
- Market Price Change $-0.97
- Trading Volume (M) 16,318
- View Premium / Discount
Exposures
Index as of 9/30/2025 and Fund as of 12/19/2025
Holdings
as of 12/19/2025
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.04% | NSP | INSPERITY INC | -- | $6,574,201.92 | 170,272 | 2007281 |
| 1.02% | ANDE | ANDERSONS INC/THE | -- | $6,448,757.70 | 119,643 | 2274922 |
| 1.01% | KWR | QUAKER CHEMICAL CORPORATION | -- | $6,439,211.10 | 44,439 | 2715186 |
| 1.01% | MATX | MATSON INC | -- | $6,409,549.44 | 51,408 | B8GNC91 |
| 1.01% | SCVL | SHOE CARNIVAL INC | -- | $6,406,346.28 | 341,126 | 2805474 |
| 1.01% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $6,384,636.80 | 63,592 | 2763602 |
| 1.01% | HMN | HORACE MANN EDUCATORS | -- | $6,382,449.06 | 137,139 | 2437112 |
| 1.00% | WSBC | WESBANCO INC | -- | $6,371,497.20 | 183,089 | 2953782 |
| 1.00% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $6,367,851.00 | 173,985 | BFZ9DB8 |
| 1.00% | WDFC | WD-40 CO | -- | $6,362,666.22 | 31,371 | 2944742 |
| 1.00% | MBWM | MERCANTILE BANK CORP | -- | $6,362,431.08 | 128,508 | 2620257 |
| 1.00% | FULT | FULTON FINANCIAL CORP | -- | $6,358,093.47 | 314,913 | 2356585 |
| 1.00% | GRC | GORMAN-RUPP CO | -- | $6,352,067.00 | 129,370 | 2379281 |
| 1.00% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $6,347,094.00 | 244,119 | 2568090 |
| 1.00% | DGICA | DONEGAL GROUP INC-CL A | -- | $6,341,675.94 | 308,898 | 2752730 |
| 1.00% | MZTI | MARZETTI COMPANY/THE | -- | $6,328,890.33 | 37,407 | 2503206 |
| 1.00% | ALG | ALAMO GROUP INC | -- | $6,319,131.28 | 36,344 | 2021634 |
| 0.99% | CADE | CADENCE BANK | -- | $6,309,753.49 | 144,421 | BMCS168 |
| 0.99% | SCL | STEPAN CO | -- | $6,298,669.68 | 132,492 | 2845005 |
| 0.99% | AMSF | AMERISAFE INC | -- | $6,297,526.62 | 161,227 | B0PPHS6 |
| 0.99% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,288,827.40 | 81,251 | 2447821 |
| 0.99% | UBSI | UNITED BANKSHARES INC | -- | $6,285,517.56 | 157,374 | 2905794 |
| 0.99% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $6,279,171.90 | 195,918 | 2485876 |
| 0.99% | TMP | TOMPKINS FINANCIAL CORP | -- | $6,272,094.15 | 83,461 | 2888613 |
| 0.99% | MGRC | MCGRATH RENTCORP | -- | $6,270,613.74 | 58,029 | 2551551 |
| 0.98% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $6,237,704.56 | 391,324 | BXC87C3 |
| 0.98% | BUSE | FIRST BUSEY CORP | -- | $6,227,475.00 | 249,099 | BZ1LBM5 |
| 0.98% | TCBK | TRICO BANCSHARES | -- | $6,223,618.02 | 125,123 | 2904133 |
| 0.98% | BCPC | BALCHEM CORP | -- | $6,213,862.80 | 39,756 | 2072074 |
| 0.98% | GFF | GRIFFON CORP | -- | $6,211,634.80 | 80,965 | 2463344 |
| 0.98% | FISI | FINANCIAL INSTITUTIONS INC | -- | $6,210,200.61 | 193,887 | 2596949 |
| 0.98% | UCB | UNITED COMMUNITY BANKS/GA | -- | $6,204,533.54 | 192,329 | 2862156 |
| 0.98% | NBTB | N B T BANCORP INC | -- | $6,195,574.50 | 142,427 | 2626459 |
| 0.98% | IOSP | INNOSPEC INC | -- | $6,189,828.05 | 79,735 | 2245597 |
| 0.97% | STBA | S & T BANCORP INC | -- | $6,187,652.64 | 149,136 | 2781109 |
| 0.97% | FELE | FRANKLIN ELECTRIC CO INC | -- | $6,186,827.04 | 63,572 | 2350383 |
| 0.97% | PEBO | PEOPLES BANCORP INC | -- | $6,185,056.96 | 197,732 | 2679419 |
| 0.97% | GATX | GATX CORP | -- | $6,178,946.28 | 35,764 | 2362128 |
| 0.97% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $6,175,630.33 | 320,479 | 2810133 |
| 0.97% | HFWA | HERITAGE FINANCIAL CORP | -- | $6,174,192.60 | 247,860 | 2619880 |
| 0.97% | PII | POLARIS INC | -- | $6,171,415.56 | 88,708 | 2692933 |
| 0.97% | UVV | UNIVERSAL CORP/VA | -- | $6,165,433.76 | 114,514 | 2923804 |
| 0.97% | APOG | APOGEE ENTERPRISES INC | -- | $6,164,506.80 | 158,920 | 2046176 |
| 0.97% | FUL | H.B. FULLER CO. | -- | $6,162,381.55 | 102,895 | 2354664 |
| 0.97% | HNI | HNI CORP | -- | $6,155,904.10 | 146,221 | 2435246 |
| 0.97% | TRN | TRINITY INDUSTRIES INC | -- | $6,152,138.28 | 216,396 | 2904627 |
| 0.97% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $6,151,967.50 | 104,750 | 2706470 |
| 0.97% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $6,150,594.73 | 101,983 | 2222062 |
| 0.97% | FRME | FIRST MERCHANTS CORP | -- | $6,148,455.88 | 160,283 | 2342410 |
| 0.97% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,146,633.68 | 132,728 | 2630513 |
| 0.97% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $6,141,028.40 | 21,944 | 2943620 |
| 0.96% | HTO | H2O AMERICA | -- | $6,113,218.65 | 124,887 | 2811932 |
| 0.96% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $6,107,232.36 | 150,184 | 2927497 |
| 0.96% | ENSG | ENSIGN GROUP INC/THE | -- | $6,098,331.80 | 33,620 | B1YWPP8 |
| 0.96% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $6,094,104.96 | 178,608 | 2492133 |
| 0.96% | LKFN | LAKELAND FINANCIAL CORP | -- | $6,090,128.73 | 102,683 | 2537528 |
| 0.96% | JJSF | J & J SNACK FOODS CORP | -- | $6,080,056.12 | 65,773 | 2469171 |
| 0.96% | LNN | LINDSAY CORP | -- | $6,069,918.60 | 50,331 | 2516613 |
| 0.95% | AVNT | AVIENT CORP | -- | $6,061,337.49 | 194,961 | BMHWY55 |
| 0.95% | ASB | ASSOCIATED BANC-CORP | -- | $6,054,372.96 | 229,072 | 2055718 |
| 0.95% | MTRN | MATERION CORP | -- | $6,050,674.86 | 47,771 | 2149622 |
| 0.95% | TXNM | TXNM ENERGY INC | -- | $6,036,797.50 | 102,754 | 2707826 |
| 0.95% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $6,035,200.32 | 259,244 | BZ16HK0 |
| 0.95% | BMI | BADGER METER INC | -- | $6,033,172.60 | 33,215 | 2069128 |
| 0.95% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $6,026,577.45 | 34,035 | 2363381 |
| 0.95% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $6,019,594.96 | 129,398 | BFNR303 |
| 0.95% | LMAT | LEMAITRE VASCULAR INC | -- | $6,013,808.64 | 70,784 | B1G6TJ0 |
| 0.95% | CASS | CASS INFORMATION SYSTEMS INC | -- | $6,009,696.96 | 138,728 | 2086558 |
| 0.95% | TR | TOOTSIE ROLL INDS | -- | $6,007,226.76 | 159,174 | 2896809 |
| 0.95% | KAI | KADANT INC | -- | $6,002,150.62 | 20,773 | 2769978 |
| 0.95% | GTY | GETTY REALTY CORP | -- | $6,000,498.27 | 214,227 | 2698146 |
| 0.94% | CNS | COHEN & STEERS INC | -- | $5,996,796.30 | 96,195 | B02H882 |
| 0.94% | POWI | POWER INTEGRATIONS INC | -- | $5,994,840.14 | 163,883 | 2133045 |
| 0.94% | SR | SPIRE INC | -- | $5,992,782.72 | 72,587 | BYXJQG9 |
| 0.94% | MGEE | MGE ENERGY INC | -- | $5,992,479.48 | 76,066 | 2554163 |
| 0.94% | OTTR | OTTER TAIL CORP | -- | $5,982,606.24 | 72,852 | 2664103 |
| 0.94% | UTL | UNITIL CORP | -- | $5,978,367.36 | 124,992 | 2925037 |
| 0.94% | AWR | AMERICAN STATES WATER CO | -- | $5,975,970.84 | 81,773 | 2267171 |
| 0.94% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $5,963,853.78 | 243,522 | B15RZR4 |
| 0.94% | MSEX | MIDDLESEX WATER CO | -- | $5,959,148.80 | 115,264 | 2589466 |
| 0.94% | CSGS | CSG SYSTEMS INTL INC | -- | $5,958,506.24 | 77,696 | 2210885 |
| 0.94% | YORW | YORK WATER CO | -- | $5,953,557.75 | 180,575 | 2425292 |
| 0.94% | HI | HILLENBRAND INC | -- | $5,949,547.20 | 187,920 | B2QGDP1 |
| 0.93% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $5,929,904.75 | 161,975 | B019FW2 |
| 0.93% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $5,910,817.68 | 92,952 | 2125246 |
| 0.93% | OGS | ONE GAS INC | -- | $5,890,651.87 | 75,979 | BJ0KXV4 |
| 0.93% | EXPO | EXPONENT INC | -- | $5,885,258.34 | 81,717 | 2330318 |
| 0.92% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $5,834,750.65 | 179,035 | B9HHD96 |
| 0.92% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $5,833,999.49 | 191,467 | 2713395 |
| 0.92% | TRNO | TERRENO REALTY CORP | -- | $5,829,648.96 | 96,072 | B3N4753 |
| 0.92% | AVA | AVISTA CORP | -- | $5,825,705.61 | 154,569 | 2942605 |
| 0.92% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $5,813,952.05 | 123,190 | B125XQ6 |
| 0.91% | CPK | CHESAPEAKE UTILITIES CORP | -- | $5,796,596.52 | 46,332 | 2190750 |
| 0.91% | BKH | BLACK HILLS CORP | -- | $5,774,625.00 | 85,550 | 2101741 |
| 0.91% | CTRE | CARETRUST REIT INC | -- | $5,765,934.30 | 158,710 | BMP8TL6 |
| 0.90% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $5,732,387.82 | 91,251 | B03PGL4 |
| 0.90% | LAND | GLADSTONE LAND CORP | -- | $5,729,930.40 | 655,351 | B83TNY4 |
| 0.90% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $5,728,494.42 | 184,671 | 2965668 |
| 0.90% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $5,716,718.72 | 133,319 | 2165383 |
| 0.90% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,700,850.00 | 201,800 | BWC6PW6 |
| 0.89% | ABM | ABM INDUSTRIES INC | -- | $5,653,563.22 | 134,066 | 2024901 |
| 0.88% | SXI | STANDEX INTERNATIONAL CORP | -- | $5,560,336.32 | 24,717 | 2840174 |
| 0.86% | NPO | ENPRO INC | -- | $5,467,704.00 | 26,400 | 2951292 |
| 0.85% | HY | HYSTER-YALE INC | -- | $5,424,305.88 | 176,918 | B7LG306 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,649,183.31 | 1,649,183 | -- |
Index
as of 9/30/2025
- Total Number of Companies106
- Price/Earnings Ratio19.31
- Price/Book Ratio1.65
- Dividend Yield ( % )3.33
- Avg. Index Market Capitalization$2.70 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
2025
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
Dividend Growers Insights and Research
Is the Small-Cap Slumber Over?
Rate Cuts and a Brighter Earnings Outlook Offer Reasons for Optimism
Read More
