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
This links to a pdf file This link opens a new window
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
    $664,684,950
  • Expense Ratio
    0.40%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 9/30/2026
  • Number of Holdings
    70
  • 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 10/23/2026
  • NAV
    $74.18
  • NAV Change
    $-0.19 down caret
  • Market Price
    $74.13
  • Market Price Change
    $-0.29 down caret
  • Trading Volume (M)
    79,054
  • 30-Day Median Bid Ask Spread
    0.05%
  • View Premium / Discount
Distributions
as of 9/30/2026
  • Distribution Frequency
    Quarterly
  • SEC 30-Day Yield
    2.71%

    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.

  • 12-Month Yield
    2.43%

    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
    $664,684,950
  • Expense Ratio
    0.40%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 9/30/2026
  • Number of Holdings
    70
  • 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 10/23/2026
  • NAV
    $74.18
  • NAV Change
    $-0.19 down caret
  • Market Price
    $74.13
  • Market Price Change
    $-0.29 down caret
  • Trading Volume (M)
    79,054
  • 30-Day Median Bid Ask Spread
    0.05%
  • View Premium / Discount
Distributions
as of 9/30/2026
  • Distribution Frequency
    Quarterly
  • SEC 30-Day Yield
    2.71%

    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.

  • 12-Month Yield
    2.43%

    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 10/23/2026

Holdings

as of 10/23/2026

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
2.24% PRGO PERRIGO CO PLC -- $14,909,816.04 934,199 BGH1M56
2.15% MKTX MARKETAXESS HOLDINGS INC -- $14,259,269.31 86,593 B03Q9D0
1.76% BMI BADGER METER INC -- $11,678,752.80 77,220 2069128
1.70% WOR WORTHINGTON ENTERPRISES INC -- $11,325,244.50 177,930 2981932
1.70% IOSP INNOSPEC INC -- $11,310,358.32 114,663 2245597
1.70% HNI HNI CORP -- $11,287,932.87 237,291 2435246
1.68% ABM ABM INDUSTRIES INC -- $11,166,741.21 208,063 2024901
1.66% RHI ROBERT HALF INC -- $11,023,294.92 240,316 2110703
1.64% NSP INSPERITY INC -- $10,917,996.44 200,551 2007281
1.61% BCPC BALCHEM CORP -- $10,679,472.00 60,336 2072074
1.60% WLY WILEY (JOHN) & SONS-CLASS A -- $10,658,653.92 197,712 2965668
1.60% TMP TOMPKINS FINANCIAL CORP -- $10,633,387.60 105,073 2888613
1.60% APOG APOGEE ENTERPRISES INC -- $10,620,850.90 243,430 2046176
1.60% SCL STEPAN CO -- $10,606,120.14 165,954 2845005
1.59% GFF GRIFFON CORP -- $10,584,540.96 109,074 2463344
1.59% JJSF J & J SNACK FOODS CORP -- $10,577,226.72 126,416 2469171
1.58% NHC NATIONAL HEALTHCARE CORP -- $10,476,955.92 44,392 2139731
1.56% MATX MATSON INC -- $10,358,535.20 45,305 B8GNC91
1.56% UCB UNITED COMMUNITY BANKS/GA -- $10,340,110.62 279,538 2862156
1.51% KWR QUAKER CHEMICAL CORPORATION -- $10,020,179.79 64,269 2715186
1.50% NBTB N B T BANCORP INC -- $9,996,553.86 189,078 2626459
1.50% CHCO CITY HOLDING CO -- $9,980,178.78 70,278 2161778
1.50% WABC WESTAMERICA BANCORPORATION -- $9,972,531.36 162,472 2950374
1.50% STBA S & T BANCORP INC -- $9,962,442.96 197,198 2781109
1.48% SFNC SIMMONS FIRST NATL CORP-CL A -- $9,865,561.23 423,233 2810133
1.47% UTL UNITIL CORP -- $9,749,472.15 176,781 2925037
1.46% CPK CHESAPEAKE UTILITIES CORP -- $9,712,203.84 72,328 2190750
1.46% MSEX MIDDLESEX WATER CO -- $9,685,962.13 172,871 2589466
1.44% AWR AMERICAN STATES WATER CO -- $9,602,430.72 112,388 2267171
1.44% INDB INDEPENDENT BANK CORP/MA -- $9,600,674.72 114,676 2447821
1.44% OTTR OTTER TAIL CORP -- $9,541,265.60 105,440 2664103
1.42% NWN NORTHWEST NATURAL HOLDING CO -- $9,460,239.26 189,698 BFNR303
1.42% HFWA HERITAGE FINANCIAL CORP -- $9,447,252.65 324,091 2619880
1.42% BANF BANCFIRST CORP -- $9,428,717.43 84,783 2078782
1.40% LKFN LAKELAND FINANCIAL CORP -- $9,315,365.43 159,537 2537528
1.40% SFBS SERVISFIRST BANCSHARES INC -- $9,309,907.98 225,859 BMH0MP5
1.39% AUB ATLANTIC UNION BANKSHARES CO -- $9,215,188.35 231,015 BFZ9DB8
1.39% CWT CALIFORNIA WATER SERVICE GRP -- $9,207,874.84 191,671 2165383
1.38% FELE FRANKLIN ELECTRIC CO INC -- $9,191,742.00 93,450 2350383
1.38% EMN EASTMAN CHEMICAL CO -- $9,153,506.75 140,975 2298386
1.37% CBU COMMUNITY FINANCIAL SYSTEM I -- $9,083,857.76 145,528 2222062
1.37% LNN LINDSAY CORP -- $9,080,603.12 85,958 2516613
1.36% HWKN HAWKINS INC -- $9,039,176.16 68,313 2415594
1.36% HTO H2O AMERICA -- $9,011,523.30 152,997 2811932
1.33% HMN HORACE MANN EDUCATORS -- $8,817,649.80 190,446 2437112
1.32% WDFC WD-40 CO -- $8,773,436.66 41,246 2944742
1.32% MWA MUELLER WATER PRODUCTS INC-A -- $8,747,534.46 392,971 B15RZR4
1.31% ALG ALAMO GROUP INC -- $8,731,623.76 59,732 2021634
1.31% AVA AVISTA CORP -- $8,729,493.97 231,613 2942605
1.31% TRNO TERRENO REALTY CORP -- $8,717,265.45 133,803 B3N4753
1.31% NBHC NATIONAL BANK HOLD-CL A -- $8,702,316.00 223,825 B888DV3
1.30% MGEE MGE ENERGY INC -- $8,660,426.28 117,861 2554163
1.30% CNS COHEN & STEERS INC -- $8,635,588.00 121,628 B02H882
1.30% TR TOOTSIE ROLL INDS -- $8,629,787.50 248,125 2896809
1.30% FUL H.B. FULLER CO. -- $8,626,484.46 173,886 2354664
1.30% MTRN MATERION CORP -- $8,626,203.32 39,022 2149622
1.29% BRC BRADY CORPORATION - CL A -- $8,544,920.70 104,730 2117726
1.26% KAI KADANT INC -- $8,363,156.47 31,873 2769978
1.26% LMAT LEMAITRE VASCULAR INC -- $8,359,958.85 98,993 B1G6TJ0
1.24% FCPT FOUR CORNERS PROPERTY TRUST -- $8,234,461.85 371,759 BZ16HK0
1.21% AGO ASSURED GUARANTY LTD -- $8,043,954.22 115,807 B00V7H8
1.18% ANDE ANDERSONS INC/THE -- $7,852,958.85 120,945 2274922
1.18% WAFD WAFD INC -- $7,845,680.22 266,226 2941981
1.18% NPO ENPRO INC -- $7,829,471.40 29,245 2951292
1.15% GTY GETTY REALTY CORP -- $7,650,511.35 273,135 2698146
1.14% SXI STANDEX INTERNATIONAL CORP -- $7,591,878.37 31,571 2840174
1.13% TNC TENNANT CO -- $7,521,371.38 113,513 2883641
1.08% UVV UNIVERSAL CORP/VA -- $7,149,758.46 181,974 2923804
1.04% TRN TRINITY INDUSTRIES INC -- $6,927,469.60 271,240 2904627
0.95% POWI POWER INTEGRATIONS INC -- $6,339,011.40 134,930 2133045
-- -- NET OTHER ASSETS (LIABILITIES) -- $961,066.16 961,066 --
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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