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
    $649,539,384
  • Expense Ratio
    0.40%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 8/31/2026
  • Number of Holdings
    102
  • Price/Earnings Ratio
    26.006
  • Price/Book Ratio
    1.653

    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
    $0.01 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 10/14/2026
  • NAV
    $72.25
  • NAV Change
    $-0.49 down caret
  • Market Price
    $72.29
  • Market Price Change
    $-0.43 down caret
  • Trading Volume (M)
    47,864
  • 30-Day Median Bid Ask Spread
    0.06%
  • View Premium / Discount
Distributions
as of 8/31/2026
  • Distribution Frequency
    Quarterly
  • SEC 30-Day Yield
    2.56%

    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
    2.32%

    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
    $649,539,384
  • Expense Ratio
    0.40%
  • NAV Calculation Time
    4:00 p.m. ET
  • Options Available
    Yes
Characteristics
as of 8/31/2026
  • Number of Holdings
    102
  • Price/Earnings Ratio
    26.006
  • Price/Book Ratio
    1.653

    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
    $0.01 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 10/14/2026
  • NAV
    $72.25
  • NAV Change
    $-0.49 down caret
  • Market Price
    $72.29
  • Market Price Change
    $-0.43 down caret
  • Trading Volume (M)
    47,864
  • 30-Day Median Bid Ask Spread
    0.06%
  • View Premium / Discount
Distributions
as of 8/31/2026
  • Distribution Frequency
    Quarterly
  • SEC 30-Day Yield
    2.56%

    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
    2.32%

    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 10/14/2026

Holdings

as of 10/14/2026

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
2.30% PRGO PERRIGO CO PLC -- $14,938,419.10 936,578 BGH1M56
2.20% MKTX MARKETAXESS HOLDINGS INC -- $14,281,067.50 86,815 B03Q9D0
1.72% WOR WORTHINGTON ENTERPRISES INC -- $11,190,091.05 178,385 2981932
1.72% IOSP INNOSPEC INC -- $11,162,227.60 114,956 2245597
1.70% HNI HNI CORP -- $11,045,464.85 237,895 2435246
1.65% MATX MATSON INC -- $10,699,589.40 45,420 B8GNC91
1.63% ABM ABM INDUSTRIES INC -- $10,563,149.52 208,593 2024901
1.61% NHC NATIONAL HEALTHCARE CORP -- $10,435,532.40 44,505 2139731
1.59% SCL STEPAN CO -- $10,335,277.12 166,376 2845005
1.59% BCPC BALCHEM CORP -- $10,311,295.86 60,491 2072074
1.57% KWR QUAKER CHEMICAL CORPORATION -- $10,208,120.19 64,433 2715186
1.57% WLY WILEY (JOHN) & SONS-CLASS A -- $10,206,193.33 198,217 2965668
1.55% TMP TOMPKINS FINANCIAL CORP -- $10,097,892.40 105,340 2888613
1.55% GFF GRIFFON CORP -- $10,069,224.24 109,353 2463344
1.54% MTRN MATERION CORP -- $10,006,369.38 39,121 2149622
1.53% NSP INSPERITY INC -- $9,968,703.54 201,063 2007281
1.53% JJSF J & J SNACK FOODS CORP -- $9,945,209.33 126,739 2469171
1.53% BMI BADGER METER INC -- $9,944,859.36 77,416 2069128
1.53% APOG APOGEE ENTERPRISES INC -- $9,920,632.50 244,050 2046176
1.51% CHCO CITY HOLDING CO -- $9,793,662.00 70,458 2161778
1.49% LNN LINDSAY CORP -- $9,658,718.16 86,177 2516613
1.47% WABC WESTAMERICA BANCORPORATION -- $9,561,466.90 162,887 2950374
1.46% NBTB N B T BANCORP INC -- $9,512,120.80 189,560 2626459
1.46% TR TOOTSIE ROLL INDS -- $9,509,980.11 248,757 2896809
1.46% STBA S & T BANCORP INC -- $9,483,716.97 197,701 2781109
1.45% OTTR OTTER TAIL CORP -- $9,448,359.80 105,710 2664103
1.45% UTL UNITIL CORP -- $9,428,636.00 177,230 2925037
1.45% CPK CHESAPEAKE UTILITIES CORP -- $9,401,310.45 72,513 2190750
1.44% SFNC SIMMONS FIRST NATL CORP-CL A -- $9,356,079.60 424,312 2810133
1.44% FELE FRANKLIN ELECTRIC CO INC -- $9,355,583.82 93,687 2350383
1.43% NWN NORTHWEST NATURAL HOLDING CO -- $9,307,556.02 190,183 BFNR303
1.43% MSEX MIDDLESEX WATER CO -- $9,296,402.04 173,311 2589466
1.43% UCB UNITED COMMUNITY BANKS/GA -- $9,293,090.00 280,250 2862156
1.43% AWR AMERICAN STATES WATER CO -- $9,289,971.30 112,674 2267171
1.42% ALG ALAMO GROUP INC -- $9,197,583.56 59,884 2021634
1.40% LKFN LAKELAND FINANCIAL CORP -- $9,119,949.86 159,943 2537528
1.40% BANF BANCFIRST CORP -- $9,072,050.00 85,000 2078782
1.38% HWKN HAWKINS INC -- $8,977,538.12 68,489 2415594
1.37% EMN EASTMAN CHEMICAL CO -- $8,887,144.80 141,335 2298386
1.36% CWT CALIFORNIA WATER SERVICE GRP -- $8,804,771.20 192,160 2165383
1.35% HTO H2O AMERICA -- $8,789,075.10 153,387 2811932
1.35% BRC BRADY CORPORATION - CL A -- $8,783,082.70 104,998 2117726
1.35% FUL H.B. FULLER CO. -- $8,748,700.87 174,329 2354664
1.35% INDB INDEPENDENT BANK CORP/MA -- $8,742,242.76 114,969 2447821
1.34% HMN HORACE MANN EDUCATORS -- $8,735,047.50 190,930 2437112
1.34% HFWA HERITAGE FINANCIAL CORP -- $8,733,742.08 324,916 2619880
1.34% TRNO TERRENO REALTY CORP -- $8,693,872.64 134,144 B3N4753
1.34% AUB ATLANTIC UNION BANKSHARES CO -- $8,673,532.35 231,603 BFZ9DB8
1.33% SXI STANDEX INTERNATIONAL CORP -- $8,656,188.96 31,652 2840174
1.33% SFBS SERVISFIRST BANCSHARES INC -- $8,620,418.52 226,436 BMH0MP5
1.33% NPO ENPRO INC -- $8,620,079.19 29,319 2951292
1.33% CBU COMMUNITY FINANCIAL SYSTEM I -- $8,613,876.96 145,899 2222062
1.31% MWA MUELLER WATER PRODUCTS INC-A -- $8,541,291.28 393,971 B15RZR4
1.31% AVA AVISTA CORP -- $8,482,375.59 232,203 2942605
1.30% WDFC WD-40 CO -- $8,444,078.40 41,352 2944742
1.30% RHI ROBERT HALF INC -- $8,427,696.42 240,929 2110703
1.30% MGEE MGE ENERGY INC -- $8,427,242.52 118,161 2554163
1.28% NBHC NATIONAL BANK HOLD-CL A -- $8,331,749.22 224,394 B888DV3
1.27% KAI KADANT INC -- $8,267,138.88 31,954 2769978
1.26% LMAT LEMAITRE VASCULAR INC -- $8,199,539.28 99,244 B1G6TJ0
1.26% ANDE ANDERSONS INC/THE -- $8,166,456.90 121,254 2274922
1.25% CNS COHEN & STEERS INC -- $8,095,397.43 121,937 B02H882
1.23% AGO ASSURED GUARANTY LTD -- $8,008,715.96 116,102 B00V7H8
1.23% FCPT FOUR CORNERS PROPERTY TRUST -- $7,975,908.40 372,706 BZ16HK0
1.19% WAFD WAFD INC -- $7,716,165.73 266,903 2941981
1.18% GTY GETTY REALTY CORP -- $7,642,623.21 273,831 2698146
1.15% TNC TENNANT CO -- $7,472,173.66 113,801 2883641
1.14% UVV UNIVERSAL CORP/VA -- $7,421,537.16 182,437 2923804
1.08% TRN TRINITY INDUSTRIES INC -- $7,021,284.24 271,932 2904627
0.93% POWI POWER INTEGRATIONS INC -- $6,057,569.72 135,274 2133045
-- -- NET OTHER ASSETS (LIABILITIES) -- $1,338,477.69 1,338,478 --
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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