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
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 10/31/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| SMDV NAV | -2.32% | 1.07% | 4.40% | -1.99% | -1.80% | 4.28% | 8.50% | 7.17% | 6.99% | 02/03/2015 |
| SMDV Market Price | -2.33% | 1.23% | 4.51% | -2.03% | -1.86% | 4.26% | 8.48% | 7.13% | 6.99% | 02/03/2015 |
| Russell 2000® Dividend Growth Index | -2.29% | 1.16% | 4.61% | -1.68% | -1.43% | 4.66% | 8.93% | 7.63% | 7.44% | -- |
| 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 10/31/2025- Number of Companies 106
- Price/Earnings Ratio 17.92
- Price/Book Ratio 1.56
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 $2.61 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 11/24/2025- NAV $65.54
- NAV Change $-0.18
- Market Price $65.51
- Market Price Change $-0.18
- Trading Volume (M) 18,206
- 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
- Expense Ratio 0.40%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
- Options Available Yes
Characteristics
as of 10/31/2025- Number of Companies 106
- Price/Earnings Ratio 17.92
- Price/Book Ratio 1.56
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 $2.61 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 11/24/2025- NAV $65.54
- NAV Change $-0.18
- Market Price $65.51
- Market Price Change $-0.18
- Trading Volume (M) 18,206
- 30-Day Median Bid Ask Spread 0.08%
- View Premium / Discount
Exposures
Index as of 9/30/2025 and Fund as of 11/24/2025
Holdings
as of 11/24/2025
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 1.20% | ANDE | ANDERSONS INC/THE | -- | $7,329,529.68 | 146,123 | 2274922 |
| 1.19% | HI | HILLENBRAND INC | -- | $7,315,805.64 | 230,637 | B2QGDP1 |
| 1.19% | CSGS | CSG SYSTEMS INTL INC | -- | $7,265,430.84 | 93,362 | 2210885 |
| 1.18% | BKH | BLACK HILLS CORP | -- | $7,206,269.40 | 101,354 | 2101741 |
| 1.15% | POR | PORTLAND GENERAL ELECTRIC CO | -- | $7,038,582.60 | 141,337 | B125XQ6 |
| 1.14% | NWN | NORTHWEST NATURAL HOLDING CO | -- | $7,011,508.53 | 144,597 | BFNR303 |
| 1.14% | NWE | NORTHWESTERN ENERGY GROUP IN | -- | $6,971,121.85 | 104,405 | B03PGL4 |
| 1.13% | SR | SPIRE INC | -- | $6,945,471.00 | 80,100 | BYXJQG9 |
| 1.13% | HASI | HA SUSTAINABLE INFRASTRUCTUR | -- | $6,932,581.30 | 214,631 | B9HHD96 |
| 1.11% | SXI | STANDEX INTERNATIONAL CORP | -- | $6,803,160.00 | 28,925 | 2840174 |
| 1.10% | AVA | AVISTA CORP | -- | $6,727,280.00 | 164,080 | 2942605 |
| 1.09% | PII | POLARIS INC | -- | $6,659,301.44 | 102,262 | 2692933 |
| 1.08% | CPK | CHESAPEAKE UTILITIES CORP | -- | $6,626,538.72 | 48,186 | 2190750 |
| 1.07% | OGS | ONE GAS INC | -- | $6,586,683.18 | 79,607 | BJ0KXV4 |
| 1.07% | FISI | FINANCIAL INSTITUTIONS INC | -- | $6,534,504.20 | 220,388 | 2596949 |
| 1.06% | CTRE | CARETRUST REIT INC | -- | $6,511,362.91 | 178,247 | BMP8TL6 |
| 1.05% | UTL | UNITIL CORP | -- | $6,450,855.70 | 130,849 | 2925037 |
| 1.05% | ENSG | ENSIGN GROUP INC/THE | -- | $6,418,400.34 | 34,773 | B1YWPP8 |
| 1.05% | ALE | ALLETE INC | -- | $6,416,415.00 | 95,058 | B02R1L6 |
| 1.04% | TRNO | TERRENO REALTY CORP | -- | $6,376,759.35 | 102,405 | B3N4753 |
| 1.04% | DGICA | DONEGAL GROUP INC-CL A | -- | $6,373,699.90 | 320,770 | 2752730 |
| 1.03% | MTRN | MATERION CORP | -- | $6,331,345.02 | 53,742 | 2149622 |
| 1.03% | GRC | GORMAN-RUPP CO | -- | $6,285,236.70 | 139,983 | 2379281 |
| 1.03% | TCBK | TRICO BANCSHARES | -- | $6,282,988.80 | 134,080 | 2904133 |
| 1.02% | CADE | CADENCE BANK | -- | $6,240,028.40 | 160,165 | BMCS168 |
| 1.01% | NJR | NEW JERSEY RESOURCES CORP | -- | $6,209,273.07 | 128,583 | 2630513 |
| 1.01% | TXNM | TXNM ENERGY INC | -- | $6,187,758.72 | 106,392 | 2707826 |
| 1.01% | YORW | YORK WATER CO | -- | $6,166,731.68 | 195,088 | 2425292 |
| 1.00% | LAND | GLADSTONE LAND CORP | -- | $6,130,888.40 | 673,724 | B83TNY4 |
| 0.99% | ORRF | ORRSTOWN FINL SERVICES INC | -- | $6,077,876.43 | 173,011 | B019FW2 |
| 0.99% | STBA | S & T BANCORP INC | -- | $6,077,156.96 | 152,846 | 2781109 |
| 0.99% | INDB | INDEPENDENT BANK CORP/MA | -- | $6,038,057.36 | 85,091 | 2447821 |
| 0.98% | MATX | MATSON INC | -- | $6,028,181.34 | 57,313 | B8GNC91 |
| 0.98% | NPO | ENPRO INC | -- | $6,026,046.84 | 27,588 | 2951292 |
| 0.98% | EXPO | EXPONENT INC | -- | $5,997,892.80 | 84,716 | 2330318 |
| 0.97% | GTY | GETTY REALTY CORP | -- | $5,953,713.24 | 209,564 | 2698146 |
| 0.97% | AWR | AMERICAN STATES WATER CO | -- | $5,940,451.90 | 81,043 | 2267171 |
| 0.96% | HMN | HORACE MANN EDUCATORS | -- | $5,913,008.36 | 130,732 | 2437112 |
| 0.96% | WSBC | WESBANCO INC | -- | $5,908,942.71 | 187,407 | 2953782 |
| 0.96% | BMI | BADGER METER INC | -- | $5,885,486.36 | 33,098 | 2069128 |
| 0.96% | TMP | TOMPKINS FINANCIAL CORP | -- | $5,883,310.68 | 86,532 | 2888613 |
| 0.96% | MATW | MATTHEWS INTL CORP-CLASS A | -- | $5,879,607.80 | 242,959 | 2568090 |
| 0.96% | PFBC | PREFERRED BANK/LOS ANGELES | -- | $5,877,955.72 | 63,518 | 2763602 |
| 0.96% | UHT | UNIVERSAL HEALTH RLTY INCOME | -- | $5,875,585.56 | 146,268 | 2927497 |
| 0.96% | UBSI | UNITED BANKSHARES INC | -- | $5,868,560.64 | 158,097 | 2905794 |
| 0.96% | COFS | CHOICEONE FINANCIAL SVCS INC | -- | $5,855,696.64 | 196,764 | 2713395 |
| 0.95% | MGEE | MGE ENERGY INC | -- | $5,845,085.68 | 71,386 | 2554163 |
| 0.95% | WTS | WATTS WATER TECHNOLOGIES-A | -- | $5,835,611.54 | 21,583 | 2943620 |
| 0.95% | CWT | CALIFORNIA WATER SERVICE GRP | -- | $5,831,253.30 | 128,470 | 2165383 |
| 0.95% | CHCT | COMMUNITY HEALTHCARE TRUST I | -- | $5,826,052.44 | 386,343 | BXC87C3 |
| 0.95% | CASS | CASS INFORMATION SYSTEMS INC | -- | $5,809,179.48 | 140,556 | 2086558 |
| 0.95% | ASB | ASSOCIATED BANC-CORP | -- | $5,809,090.10 | 227,095 | 2055718 |
| 0.95% | IBCP | INDEPENDENT BANK CORP - MICH | -- | $5,797,681.70 | 184,346 | 2492133 |
| 0.95% | OTTR | OTTER TAIL CORP | -- | $5,791,876.89 | 72,119 | 2664103 |
| 0.94% | BCPC | BALCHEM CORP | -- | $5,768,550.06 | 37,541 | 2072074 |
| 0.94% | FELE | FRANKLIN ELECTRIC CO INC | -- | $5,737,609.28 | 61,988 | 2350383 |
| 0.93% | CBU | COMMUNITY FINANCIAL SYSTEM I | -- | $5,723,829.80 | 100,985 | 2222062 |
| 0.93% | KWR | QUAKER CHEMICAL CORPORATION | -- | $5,701,145.10 | 41,874 | 2715186 |
| 0.93% | CTBI | COMMUNITY TRUST BANCORP INC | -- | $5,699,281.78 | 103,661 | 2706470 |
| 0.93% | PEBO | PEOPLES BANCORP INC | -- | $5,694,076.60 | 195,740 | 2679419 |
| 0.93% | BUSE | FIRST BUSEY CORP | -- | $5,689,583.35 | 245,135 | BZ1LBM5 |
| 0.93% | HFWA | HERITAGE FINANCIAL CORP | -- | $5,683,825.30 | 243,941 | 2619880 |
| 0.92% | SBSI | SOUTHSIDE BANCSHARES INC | -- | $5,657,417.64 | 195,218 | 2485876 |
| 0.92% | GATX | GATX CORP | -- | $5,652,851.16 | 36,102 | 2362128 |
| 0.92% | NBTB | N B T BANCORP INC | -- | $5,651,936.62 | 137,383 | 2626459 |
| 0.92% | UVV | UNIVERSAL CORP/VA | -- | $5,642,412.30 | 108,990 | 2923804 |
| 0.92% | TR | TOOTSIE ROLL INDS | -- | $5,608,001.52 | 148,203 | 2896809 |
| 0.91% | MBWM | MERCANTILE BANK CORP | -- | $5,600,507.40 | 124,290 | 2620257 |
| 0.91% | MSEX | MIDDLESEX WATER CO | -- | $5,569,581.34 | 111,682 | 2589466 |
| 0.91% | FCPT | FOUR CORNERS PROPERTY TRUST | -- | $5,551,532.00 | 231,700 | BZ16HK0 |
| 0.91% | AUB | ATLANTIC UNION BANKSHARES CO | -- | $5,549,248.44 | 169,236 | BFZ9DB8 |
| 0.90% | NXRT | NEXPOINT RESIDENTIAL | -- | $5,545,777.02 | 177,238 | BWC6PW6 |
| 0.90% | FULT | FULTON FINANCIAL CORP | -- | $5,541,354.75 | 312,189 | 2356585 |
| 0.90% | UCB | UNITED COMMUNITY BANKS/GA | -- | $5,515,083.84 | 181,776 | 2862156 |
| 0.90% | FUL | H.B. FULLER CO. | -- | $5,503,320.57 | 97,009 | 2354664 |
| 0.89% | MZTI | MARZETTI COMPANY/THE | -- | $5,480,050.73 | 32,797 | 2503206 |
| 0.89% | TRN | TRINITY INDUSTRIES INC | -- | $5,423,625.90 | 211,695 | 2904627 |
| 0.88% | FRME | FIRST MERCHANTS CORP | -- | $5,392,148.40 | 147,528 | 2342410 |
| 0.88% | HTO | H2O AMERICA | -- | $5,391,347.78 | 119,861 | 2811932 |
| 0.87% | WDFC | WD-40 CO | -- | $5,353,999.52 | 27,728 | 2944742 |
| 0.87% | MWA | MUELLER WATER PRODUCTS INC-A | -- | $5,344,746.68 | 225,898 | B15RZR4 |
| 0.87% | AMSF | AMERISAFE INC | -- | $5,342,274.00 | 131,908 | B0PPHS6 |
| 0.87% | GFF | GRIFFON CORP | -- | $5,340,914.80 | 74,386 | 2463344 |
| 0.87% | WLY | WILEY (JOHN) & SONS-CLASS A | -- | $5,317,834.24 | 151,808 | 2965668 |
| 0.87% | SCL | STEPAN CO | -- | $5,303,861.92 | 120,652 | 2845005 |
| 0.86% | ABM | ABM INDUSTRIES INC | -- | $5,268,383.56 | 125,378 | 2024901 |
| 0.86% | SFNC | SIMMONS FIRST NATL CORP-CL A | -- | $5,256,318.96 | 289,764 | 2810133 |
| 0.85% | LMAT | LEMAITRE VASCULAR INC | -- | $5,230,416.80 | 62,060 | B1G6TJ0 |
| 0.85% | HNI | HNI CORP | -- | $5,227,551.67 | 129,491 | 2435246 |
| 0.84% | LKFN | LAKELAND FINANCIAL CORP | -- | $5,176,941.54 | 89,058 | 2537528 |
| 0.84% | CNS | COHEN & STEERS INC | -- | $5,167,092.24 | 83,394 | B02H882 |
| 0.82% | KAI | KADANT INC | -- | $5,030,640.00 | 18,495 | 2769978 |
| 0.82% | IOSP | INNOSPEC INC | -- | $5,014,993.20 | 70,584 | 2245597 |
| 0.81% | AGM | FEDERAL AGRIC MTG CORP-CL C | -- | $4,934,115.00 | 29,475 | 2363381 |
| 0.80% | JJSF | J & J SNACK FOODS CORP | -- | $4,920,140.48 | 55,507 | 2469171 |
| 0.80% | LNN | LINDSAY CORP | -- | $4,919,833.50 | 43,062 | 2516613 |
| 0.80% | APOG | APOGEE ENTERPRISES INC | -- | $4,877,621.79 | 138,687 | 2046176 |
| 0.78% | MGRC | MCGRATH RENTCORP | -- | $4,798,811.49 | 48,147 | 2551551 |
| 0.77% | AVNT | AVIENT CORP | -- | $4,697,618.07 | 160,383 | BMHWY55 |
| 0.75% | ALG | ALAMO GROUP INC | -- | $4,622,290.68 | 28,911 | 2021634 |
| 0.74% | HY | HYSTER-YALE INC | -- | $4,554,195.36 | 160,472 | B7LG306 |
| 0.73% | POWI | POWER INTEGRATIONS INC | -- | $4,475,630.94 | 134,727 | 2133045 |
| 0.72% | SAH | SONIC AUTOMOTIVE INC-CLASS A | -- | $4,421,507.56 | 72,794 | 2125246 |
| 0.63% | SCVL | SHOE CARNIVAL INC | -- | $3,852,077.75 | 245,825 | 2805474 |
| 0.62% | NSP | INSPERITY INC | -- | $3,809,564.00 | 112,046 | 2007281 |
| 0.46% | CCOI | COGENT COMMUNICATIONS HOLDIN | -- | $2,814,806.28 | 164,033 | B06RWD1 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,806,927.05 | 1,806,927 | -- |
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
