ProShares Russell 2000 Dividend Growers ETF

SMDV

Market cap $656M

Overview Fund Activity

67.65 USD

+0.01

0.01%

At close Updated Sep 15, 12:34 PM EDT

1 day

0.01%

5 days

-1.23%

1 month

2.02%

3 months

5.82%

6 months

0.83%

Year to date

1.41%

1 year

-2.08%

5 years

39.31%

10 years

78.12%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

0.16% more ownership

Funds ownership: 53.13% [Q1] → 53.28% (+0.16%) [Q2]

0% more funds holding

Funds holding: 127 [Q1] → 127 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

3% less capital invested

Capital invested by funds: $359M [Q1] → $348M (-$10.8M) [Q2]

10% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 49

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Financial journalist opinion

Zacks Investment Research

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

Designed to provide broad exposure to the Style Box - Small Cap Value category of the market, the ProShares Russell 2000 Dividend Growers ETF (SMDV) is a smart beta exchange traded fund launched on 02/03/2015.

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

SMDV: A Sector-Heavy Play On Small-Cap Dividend Growth

SMDV is comprised of 107 Russell 2000 Index stocks with 10+ years of consecutive increasing dividend payments. Its expense ratio is 0.40% and the ETF has $648 million in AUM. SMDV is highly concentrated in the Financials, Utilities, and Industrials sectors. Its Index caps sector weights at 30%, but SMDV remains a poorly diversified product. Historically, that's led to inconsistent returns. SMDV has performed reasonably well in the last year and since its inception in 2015, but returns since 2019 have been extremely weak.

SMDV: A Sector-Heavy Play On Small-Cap Dividend Growth

Zacks Investment Research

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

A smart beta exchange traded fund, the ProShares Russell 2000 Dividend Growers ETF (SMDV) debuted on 02/03/2015, and offers broad exposure to the Style Box - Small Cap Value category of the market.

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

SMDV: Suboptimal Dividend Strategy For Tumultuous Times

SMDV offers exposure to the Russell 2000 constituents that have been consistently growing their dividends for at least 10 years. Since my previous article, SMDV has significantly underperformed the S&P 500 index, with financials being among the key detractors. Its long-term returns are soft as well. Quality remains questionable, as only 35% of the holdings have a B- Quant Profitability rating or higher.

SMDV: Suboptimal Dividend Strategy For Tumultuous Times

Zacks Investment Research

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

Designed to provide broad exposure to the Style Box - Small Cap Value category of the market, the ProShares Russell 2000 Dividend Growers ETF (SMDV) is a smart beta exchange traded fund launched on 02/03/2015.

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

Zacks Investment Research

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

Making its debut on 02/03/2015, smart beta exchange traded fund ProShares Russell 2000 Dividend Growers ETF (SMDV) provides investors broad exposure to the Style Box - Small Cap Value category of the market.

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

SMDV Has High Exposure In Banks And Lags Competitors

ProShares Russell 2000 Dividend Growers ETF has a portfolio of 99 small-cap dividend growers. SMDV is diversified across holdings thanks to its equal-weight methodology, but overweight in financials, especially banks. SMDV beats its parent index in risk-adjusted return and has attractive dividend growth rate.

SMDV Has High Exposure In Banks And Lags Competitors

Zacks Investment Research

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

Making its debut on 02/03/2015, smart beta exchange traded fund ProShares Russell 2000 Dividend Growers ETF (SMDV) provides investors broad exposure to the Style Box - Small Cap Value category of the market.

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

Zacks Investment Research

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

Launched on 02/03/2015, the ProShares Russell 2000 Dividend Growers ETF (SMDV) is a smart beta exchange traded fund offering broad exposure to the Style Box - Small Cap Value category of the market.

Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

SMDV: Fundamentally Unattractive DGI Strategy Despite Performance Surprise

SMDV oversees a portfolio of 100 SMID stocks that have at least 10 years of dividend growth in the books. The methodology has nuances, though. Regional bank stocks boosted SMDV's returns in July, allowing it to outperform the S&P 500 index marginally since the previous analysis. However, fundamentally, nothing has changed about this vehicle. Its quality characteristics remain pronouncedly weak, while growth is soft.

SMDV: Fundamentally Unattractive DGI Strategy Despite Performance Surprise

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