ProShares - Russell 2000 Dividend Growers ETF

Frequently Asked Questions About SMDV

What does SMDV invest in?

Under typical market conditions, this fund allocates a minimum of 80% of its total assets to the constituent securities of its underlying benchmark index. This index is constructed with at least 40 individual equity holdings, all of which are equally weighted. To ensure diversification, no single industry sector is permitted to account for more than 30% of the index's overall value.

What is the expense ratio of SMDV?

ProShares - Russell 2000 Dividend Growers ETF (SMDV) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SMDV?

ProShares - Russell 2000 Dividend Growers ETF (SMDV) manages $695.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SMDV actively managed or an index fund?

SMDV is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SMDV's is 0.40%) because there's no security selection cost.

When was SMDV launched?

ProShares - Russell 2000 Dividend Growers ETF (SMDV) launched in February 2015 and is managed by ProShares.

How has SMDV performed?

SMDV's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.