Key stats
About ProShares Russell 2000 Dividend Growers ETF
Home page
Inception date
Feb 5, 2015
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US74347B6983
SMDV aims for strong total returns via a concentrated basket of small-cap stocks, each with a long history of increasing dividends. The investment thesis: small firms with a proven record of increasing dividends deliver stable growth. That the fund culls only about 50 names from a broad 2,000-stock universe indicates how few firms make the cut. SMDV`s holdings are equally weighted, which will likely further distance its exposure from that of the Russell 2000. SMDV strictly holds firms with growing dividends. In all, the fund targets a narrow slice of the small-cap market rather than broad coverage of the entire small-cap space.
Related funds
Classification
What's in the fund
Exposure type
Finance
Utilities
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SMDV assets under management is 652.05 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SMDV invests in stocks. See more details in our Analysis section.
SMDV expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SMDV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, SMDV pays dividends to its holders with the dividend yield of 2.59%.
SMDV shares are issued by ProShare Advisors LLC
SMDV follows the Russell 2000 Dividend Growth Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 5, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.