Skip to content

ProShares S&P SmallCap 600 Dividend Aristocrats ETF

SMDVCboeC

$72.72+0.27 (+0.37%)

At close: Oct 13, 2026, 4:00 PM

Intraday session: up, 79 prints from 72.45 to 72.72. Range 72.18 to 72.90. Use the arrow keys to read each point.72.2072.6072.8010 AM12 PM2 PM4 PM
Expense ratio
0.40%
Fund size
$653M
1Y total return
+15.4%
Yield · Last 12 months
2.41%
Holdings
71
Avg volume · 30D
0.1M sh
NAV per share
$72.41
52W range
low $63.86high $79.56
Launched
Filings
SEC EDGAR

The ETF.net SMDV Grade

C

Score 50 out of 100

Rank
37 of 53
Six-pillar profile for SMDV. Scores out of 100: Cost 38, Risk 12, Mission 75, Tradability 55, Holdings 68, Durability 64. Strongest: Mission (75). Weakest: Risk (12). Leans toward Mission.

Score 50 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D38 out of 100
    Rank 29 of 53
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A75 out of 100
    Rank 39 of 50
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F12 out of 100
    Rank 53 of 53
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B55 out of 100
    Rank 22 of 53
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B68 out of 100
    Rank 17 of 53
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 23 of 53

Our read on SMDV

ETF.net Research

CDividend-growth screens usually live in large-cap land. SMDV points one at the small-cap Russell 2000 instead, holding about 100 names selected for their dividend growth records, and it has run that way since 2015.

Stated mandate

SMDV seeks to track, before fees and expenses, the Russell 2000 Dividend Growth Index.

Why people hold it

  1. 01A small-cap version of a large-cap idea: it tracks the Russell 2000 Dividend Growth Index, so the sorting rule is payout history rather than size or price momentum.
  2. 02Live since 2015 with assets in the hundreds of millions, it is a settled product in a corner of the market where new ideas often come and go.
  3. 03About 100 holdings and quarterly distributions make it a compact, income-oriented slice of US small caps, not a 2,000-stock index clone.

Worth knowing

  1. 01At 0.40% a year it runs above the typical fund in its factor group, and far above broad dividend options such as VYM at 0.04%.
  2. 02It trades thinly, so spreads and limit orders deserve more attention here than with a headline large-cap dividend fund.
  3. 03Narrow by design: roughly 100 small caps chosen on dividend history can move quite differently from the full Russell 2000.

SMDV Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
71
Top-10 weight
18%
Largest holding
PRGO2.2%

Sectors

  • Financials29.0%
  • Industrials25.3%
  • Materials13.5%
  • Utilities12.5%
  • Consumer Staples5.4%
  • Health Care4.9%
  • Real Estate3.8%
  • Technology2.6%
  • Consumer Discretionary1.7%
  • Communication1.5%

Geography

  • United States96.65%
  • Ireland2.11%
  • Bermuda1.24%
The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001PRGOPerrigo Co PLC2.22%934,514$14M92
002MKTXMarketaxess Holdings Inc2.19%86,623$14M140
003HNIHni Corp1.73%237,371$11M115
004WORWorthington Enterprises Inc1.72%177,991$11M112
005IOSPInnospec Inc1.69%114,702$11M110
006MTRNMaterion Corp1.62%39,035$11M138
007ABMAbm Industries Inc1.61%208,133$10M118
008MATXMatson Inc1.59%45,320$10M169
009BMIBadger Meter Inc1.57%77,246$10M147
010NHCNational Healthcare Corp1.57%44,407$10M129
011JJSFJ & J Snack Foods Corp1.56%126,459$10M101
012BCPCBalchem Corp1.56%60,357$10M139
013WLYWiley (John) & Sons-Class A1.56%197,779$10M131
014TMPTompkins Financial Corp1.56%105,108$10M97
015SCLStepan Co1.55%166,010$10M104

Showing 1–15 of 71 holdings

SMDV Performance

Launched Feb 3, 2015

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SMDV$11,540
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. SMDV $11,540. SPY $12,044. Use the arrow keys to read each point.$9,544$11,148$12,752Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SMDV. Periods over one year show the average yearly return.
PeriodSMDV
Year to date+11.5%
1 month−2.8%
3 months−4.8%
1 year+15.4%
3 yearsper year+12.0%
5 yearsper year+5.5%
10 yearsper year+7.0%

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SMDV
YearReturn barSMDV
2026 YTD+11.5%
2025+0.3%
2024+7.0%
2023+9.0%
2022−5.9%
2021+19.0%
2020−4.7%

SMDV in the news

Filtered to SMDV · US Dividend Index

SMDV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
2.41%Last 12 months
Payout per share
$1.75Last 12 months
Last payment
$0.42 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.16; Jun 21, 2017 $0.23; Sep 27, 2017 $0.28; Dec 26, 2017 $0.34; Mar 21, 2018 $0.16; Jun 20, 2018 $0.30; Sep 26, 2018 $0.23; Dec 26, 2018 $0.38; Mar 20, 2019 $0.19; Jun 25, 2019 $0.36; Sep 25, 2019 $0.30; Dec 24, 2019 $0.41; Mar 25, 2020 $0.28; Jun 24, 2020 $0.29; Sep 23, 2020 $0.23; Dec 23, 2020 $0.42; Mar 23, 2021 $0.23; Jun 22, 2021 $0.29; Sep 22, 2021 $0.37; Dec 23, 2021 $0.47; Mar 23, 2022 $0.29; Jun 22, 2022 $0.31; Sep 21, 2022 $0.39; Dec 22, 2022 $0.55; Mar 22, 2023 $0.31; Jun 21, 2023 $0.37; Sep 20, 2023 $0.43; Dec 20, 2023 $0.64; Mar 20, 2024 $0.31; Jun 26, 2024 $0.53; Sep 25, 2024 $0.43; Dec 23, 2024 $0.54; Mar 26, 2025 $0.39; Jun 25, 2025 $0.38; Sep 24, 2025 $0.44; Dec 24, 2025 $0.55; Mar 25, 2026 $0.36; Jun 24, 2026 $0.41; Sep 23, 2026 $0.42. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 23, 2026Sep 29, 2026$0.42
Jun 24, 2026Jun 30, 2026$0.41
Mar 25, 2026Mar 31, 2026$0.36
Dec 24, 2025Dec 31, 2025$0.55
Sep 24, 2025Sep 30, 2025$0.44
Jun 25, 2025Jul 1, 2025$0.38
Mar 26, 2025Apr 1, 2025$0.39
Dec 23, 2024Dec 31, 2024$0.54
Sep 25, 2024Oct 2, 2024$0.43
Jun 26, 2024Jul 3, 2024$0.53
Mar 20, 2024Mar 27, 2024$0.31
Dec 20, 2023Dec 28, 2023$0.64

SMDV Risk

How much the fund’s monthly returns vary, scaled to a year.
17.8%
Annualised · 36 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.43
vs 3-month T-bills · to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−21.2%
Trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.79
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SMDV Cost

Expense ratio0.40%
  • The middle half of US Dividend Index funds
  • Median 0.38%

32 of the 52 US Dividend Index funds charge less.

SMDV costs $40.00 a year on $10,000. The median US Dividend Index fund costs $38.00.

Other funds in US Dividend Index