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 -5.14% 14.90% 0.76% -5.14% -2.18% 5.02% 3.90% -- 7.20% 02/03/2015
SMDV NAV -5.05% 14.84% 0.76% -5.05% -2.15% 5.00% 3.92% -- 7.21% 02/03/2015
Russell 2000 Dividend Growth Index -5.03% 14.97% 0.93% -5.03% -1.80% 5.42% 4.37% -- 7.67% --

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
Characteristics
as of 1/31/2024
  • Number of Companies 102
  • Price/Earnings Ratio 16.78
  • Price/Book Ratio 1.5

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

  • Distribution Yield 4.13%

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

  • Weighted Avg. Market Cap $2.50 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 2.94%

    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 2/22/2024
  • NAV $61.39
  • NAV Change $-0.35 down caret
  • Market Price $61.34
  • Market Price Change $-0.38 down caret
  • Trading Volume (M) 156,387
  • 30-Day Median Bid Ask Spread 0.00%
  • 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 1/31/2024
  • Number of Companies 102
  • Price/Earnings Ratio 16.78
  • Price/Book Ratio 1.5

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

  • Distribution Yield 4.13%

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

  • Weighted Avg. Market Cap $2.50 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 2.94%

    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 2/22/2024
  • NAV $61.39
  • NAV Change $-0.35 down caret
  • Market Price $61.34
  • Market Price Change $-0.38 down caret
  • Trading Volume (M) 156,387
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount

Exposures

Index as of 12/29/2023 and Fund as of 2/22/2024

Holdings

as of 2/22/2024

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
1.34% GFF GRIFFON CORP -- $10,320,499.52 152,851 2463344
1.33% HY HYSTER-YALE MATERIALS -- $10,285,166.08 150,544 B7LG306
1.33% WS WORTHINGTON STEEL INC -- $10,231,248.25 331,645 BS70KN1
1.30% WOR WORTHINGTON ENTERPRISES INC -- $10,050,214.95 161,605 2981932
1.20% FIX COMFORT SYSTEMS USA INC -- $9,279,008.30 37,438 2036047
1.19% BCPC BALCHEM CORP -- $9,149,842.09 58,921 2072074
1.18% KAI KADANT INC -- $9,075,201.24 28,074 2769978
1.15% MGRC MCGRATH RENTCORP -- $8,878,571.42 71,131 2551551
1.13% CCOI COGENT COMMUNICATIONS HOLDIN -- $8,718,595.00 112,498 B06RWD1
1.13% CNS COHEN & STEERS INC -- $8,712,832.48 121,484 B02H882
1.13% APOG APOGEE ENTERPRISES INC -- $8,684,665.40 158,740 2046176
1.13% SXI STANDEX INTERNATIONAL CORP -- $8,668,364.64 53,948 2840174
1.12% KALU KAISER ALUMINUM CORP -- $8,654,738.31 122,571 B15CJ33
1.12% MATX MATSON INC -- $8,619,660.72 75,058 B8GNC91
1.11% HI HILLENBRAND INC -- $8,555,788.80 184,392 B2QGDP1
1.11% LANC LANCASTER COLONY CORP -- $8,522,974.25 44,035 2503206
1.10% MTRN MATERION CORP -- $8,445,749.50 63,862 2149622
1.09% ALG ALAMO GROUP INC -- $8,419,346.88 39,284 2021634
1.09% ENSG ENSIGN GROUP INC/THE -- $8,395,024.20 67,866 B1YWPP8
1.09% GATX GATX CORP -- $8,380,203.00 66,116 2362128
1.08% AIT APPLIED INDUSTRIAL TECH INC -- $8,348,191.32 44,436 2086309
1.08% LMAT LEMAITRE VASCULAR INC -- $8,298,354.08 136,756 B1G6TJ0
1.07% OTTR OTTER TAIL CORP -- $8,276,742.40 95,840 2664103
1.07% SFNC SIMMONS FIRST NATL CORP-CL A -- $8,258,294.80 439,271 2810133
1.07% SXT SENSIENT TECHNOLOGIES CORP -- $8,213,946.51 123,277 2923741
1.06% SCL STEPAN CO -- $8,147,288.76 88,519 2845005
1.06% AVNT AVIENT CORP -- $8,141,377.86 207,318 BMHWY55
1.05% CASS CASS INFORMATION SYSTEMS INC -- $8,105,057.17 173,593 2086558
1.05% HMN HORACE MANN EDUCATORS -- $8,101,533.60 220,630 2437112
1.05% ASB ASSOCIATED BANC-CORP -- $8,100,814.44 392,862 2055718
1.05% WDFC WD-40 CO -- $8,089,674.45 30,579 2944742
1.05% KWR QUAKER CHEMICAL CORPORATION -- $8,081,793.82 39,997 2715186
1.04% FELE FRANKLIN ELECTRIC CO INC -- $7,993,054.35 81,255 2350383
1.03% ATRI ATRION CORPORATION -- $7,926,981.51 23,303 2012735
1.03% WLY WILEY (JOHN) & SONS-CLASS A -- $7,919,070.66 235,827 2965668
1.02% HNI HNI CORP -- $7,882,064.96 185,504 2435246
1.02% TRNO TERRENO REALTY CORP -- $7,871,905.92 124,832 B3N4753
1.02% NWN NORTHWEST NATURAL HOLDING CO -- $7,847,470.96 197,371 BFNR303
1.01% STBA S & T BANCORP INC -- $7,751,443.93 250,937 2781109
1.00% BMI BADGER METER INC -- $7,707,204.81 49,383 2069128
1.00% CPK CHESAPEAKE UTILITIES CORP -- $7,705,495.98 74,277 2190750
0.99% FRME FIRST MERCHANTS CORP -- $7,653,954.83 225,847 2342410
0.99% SWX SOUTHWEST GAS HOLDINGS INC -- $7,635,666.15 122,073 2831888
0.99% CATC CAMBRIDGE BANCORP -- $7,623,761.86 118,954 2183062
0.99% HBNC HORIZON BANCORP INC/IN -- $7,614,997.56 631,426 2949316
0.98% CPF CENTRAL PACIFIC FINANCIAL CO -- $7,558,586.07 400,561 2230946
0.98% AUB ATLANTIC UNION BANKSHARES CO -- $7,546,000.80 230,061 BFZ9DB8
0.98% ANDE ANDERSONS INC/THE -- $7,529,251.28 144,682 2274922
0.98% WSBC WESBANCO INC -- $7,524,051.15 260,799 2953782
0.97% FUL H.B. FULLER CO. -- $7,507,835.91 95,751 2354664
0.97% CADE CADENCE BANK -- $7,501,463.64 273,876 BMCS168
0.97% ALE ALLETE INC -- $7,481,122.85 131,363 B02R1L6
0.97% OGS ONE GAS INC -- $7,475,435.10 123,235 BJ0KXV4
0.97% BUSE FIRST BUSEY CORP -- $7,465,635.06 322,629 BZ1LBM5
0.97% FULT FULTON FINANCIAL CORP -- $7,460,708.91 493,107 2356585
0.96% GBCI GLACIER BANCORP INC -- $7,433,192.35 202,705 2370585
0.95% WTS WATTS WATER TECHNOLOGIES-A -- $7,355,503.45 37,465 2943620
0.95% UCBI UNITED COMMUNITY BANKS/GA -- $7,348,176.22 280,679 2862156
0.95% LNN LINDSAY CORP -- $7,336,950.00 61,500 2516613
0.95% UBSI UNITED BANKSHARES INC -- $7,326,411.00 213,225 2905794
0.95% UHT UNIVERSAL HEALTH RLTY INCOME -- $7,313,512.80 175,384 2927497
0.95% TRN TRINITY INDUSTRIES INC -- $7,307,844.53 287,371 2904627
0.95% CSGS CSG SYSTEMS INTL INC -- $7,306,104.96 139,536 2210885
0.94% POR PORTLAND GENERAL ELECTRIC CO -- $7,234,568.24 175,426 B125XQ6
0.94% SBSI SOUTHSIDE BANCSHARES INC -- $7,225,538.44 252,818 2485876
0.93% BKH BLACK HILLS CORP -- $7,189,297.20 137,726 2101741
0.93% AVA AVISTA CORP -- $7,168,694.94 210,906 2942605
0.93% NJR NEW JERSEY RESOURCES CORP -- $7,129,350.96 171,214 2630513
0.92% EXPO EXPONENT INC -- $7,105,312.06 93,038 2330318
0.92% FIBK FIRST INTERSTATE BANCSYS-A -- $7,098,998.14 266,279 B4RGHN0
0.92% SR SPIRE INC -- $7,092,042.40 118,994 BYXJQG9
0.91% NWE NORTHWESTERN ENERGY GROUP IN -- $7,049,740.04 143,171 B03PGL4
0.91% ABR ARBOR REALTY TRUST INC -- $7,033,559.40 547,785 B00N2S0
0.91% ABM ABM INDUSTRIES INC -- $7,024,825.20 174,660 2024901
0.90% SASR SANDY SPRING BANCORP INC -- $6,919,830.60 315,974 2148254
0.89% PFC PREMIER FINANCIAL CORP -- $6,885,993.64 350,254 BLFBX72
0.89% POWI POWER INTEGRATIONS INC -- $6,859,254.29 94,859 2133045
0.89% PEBO PEOPLES BANCORP INC -- $6,821,038.35 240,601 2679419
0.88% SPTN SPARTANNASH CO -- $6,774,942.96 326,346 BN40158
0.88% FLIC FIRST OF LONG ISLAND CORP -- $6,768,786.30 618,154 2355913
0.87% AWR AMERICAN STATES WATER CO -- $6,688,092.00 90,600 2267171
0.87% LBAI LAKELAND BANCORP INC -- $6,669,786.76 553,969 2620031
0.86% CWT CALIFORNIA WATER SERVICE GRP -- $6,655,940.82 142,434 2165383
0.85% WASH WASHINGTON TRUST BANCORP -- $6,586,423.80 255,090 2942025
0.85% PNM PNM RESOURCES INC -- $6,548,953.86 174,267 2707826
0.85% GTY GETTY REALTY CORP -- $6,540,403.32 244,684 2698146
0.84% CAC CAMDEN NATIONAL CORP -- $6,490,102.32 204,606 2116659
0.84% INDB INDEPENDENT BANK CORP/MA -- $6,481,310.64 123,172 2447821
0.83% SJW SJW GROUP -- $6,401,429.04 110,028 2811932
0.83% TMP TOMPKINS FINANCIAL CORP -- $6,381,223.38 131,789 2888613
0.82% JJSF J & J SNACK FOODS CORP -- $6,308,309.70 43,890 2469171
0.82% UVV UNIVERSAL CORP/VA -- $6,301,092.90 127,915 2923804
0.81% PLOW DOUGLAS DYNAMICS INC -- $6,260,956.38 261,527 B3N5WD9
0.81% NSP INSPERITY INC -- $6,217,498.80 63,730 2007281
0.80% BMRC BANK OF MARIN BANCORP/CA -- $6,126,848.91 360,191 2647375
0.78% ARTNA ARTESIAN RESOURCES CORP-CL A -- $5,994,595.29 172,209 2418258
0.77% MATW MATTHEWS INTL CORP-CLASS A -- $5,966,420.76 211,126 2568090
0.77% KW KENNEDY-WILSON HOLDINGS INC -- $5,959,986.48 626,049 B298495
0.77% JOUT JOHNSON OUTDOORS INC-A -- $5,958,264.00 135,200 2476847
0.75% MSEX MIDDLESEX WATER CO -- $5,742,559.37 111,571 2589466
0.67% NUS NU SKIN ENTERPRISES INC - A -- $5,152,717.69 419,261 2616870
0.65% TDS TELEPHONE AND DATA SYSTEMS -- $5,026,610.12 348,586 B6YR5K3
-- -- NET OTHER ASSETS (LIABILITIES) -- $1,531,597.60 1,531,598 --

Index

as of 12/29/2023

  • Total Number of Companies102
  • Price/Earnings Ratio16.186
  • Price/Book Ratio1.622
  • Dividend Yield ( % )3.18
  • Avg. Index Market Capitalization$2.64 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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