ProShares Russell 2000 Dividend Growers ETF (SMDV)
| Assets | $719.53M |
| Expense Ratio | 0.40% |
| PE Ratio | 16.55 |
| Shares Out | 10.44M |
| Dividend (ttm) | $1.91 |
| Dividend Yield | 2.78% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | 46.09% |
| 1-Year Return | +4.65% |
| Volume | 44,778 |
| Open | 68.40 |
| Previous Close | 68.60 |
| Day's Range | 68.40 - 69.58 |
| 52-Week Low | 59.13 |
| 52-Week High | 76.90 |
| Beta | 0.84 |
| Holdings | 101 |
| Inception Date | Feb 5, 2015 |
About SMDV
Fund Home PageThe ProShares Russell 2000 Dividend Growers ETF (SMDV) is an exchange-traded fund that is based on the Russell 2000 Dividend Growth index. The fund tracks an index of US small-cap stocks with a 10-year record of increasing dividends. Stocks are equally weighted. SMDV was launched on Feb 5, 2015 and is issued by ProShares.
Top 10 Holdings
11.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Oil-Dri Corporation of America | ODC | 1.34% |
| Applied Industrial Technologies, Inc. | AIT | 1.24% |
| Enpro Inc. | NPO | 1.19% |
| Tompkins Financial Corporation | TMP | 1.18% |
| Matthews International Corporation | MATW | 1.17% |
| Mueller Water Products, Inc. | MWA | 1.17% |
| GATX Corporation | GATX | 1.15% |
| Kadant Inc. | KAI | 1.15% |
| Alamo Group Inc. | ALG | 1.14% |
| Griffon Corporation | GFF | 1.14% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.432 | Oct 2, 2024 |
| Jun 26, 2024 | $0.528 | Jul 3, 2024 |
| Mar 20, 2024 | $0.311 | Mar 27, 2024 |
| Dec 20, 2023 | $0.642 | Dec 28, 2023 |
| Sep 20, 2023 | $0.426 | Sep 27, 2023 |
| Jun 21, 2023 | $0.375 | Jun 28, 2023 |
News
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, ...
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, allo...
SMDV: Why You Should Pass On This 3% Yielding Small-Cap DGI ETF
SMDV might attract DGI investors for its 2.91% expected yield and double-digit dividend growth rate. However, the way it accomplishes that is not optimal. The selection process begins by identifying s...
SMDV: Growth, Quality Exposures Leave Much To Be Desired
SMDV is a passively managed investment vehicle focused on small/mid-cap dividend growers. SMDV has underperformed since my previous coverage, with utilities being among the key detractors. I maintain ...
SMDV: Too Much Bank Risk
ProShares Russell 2000 Dividend Growers ETF focuses on small-cap companies with consistent dividend growth. Top holdings include Cambridge Bancorp, HNI Corp., Kadant Inc., Horace Mann Educators Corp.,...
SMDV: Dividend Growth ETF With A Bank Problem
ProShares Russell 2000 Dividend Growers ETF implements an equal-weight methodology and a dividend growth strategy in small caps. SMDV looks attractive regarding long-term volatility, dividend growth a...
SMDV: Dividend Growers Might Have Become Tactically Attractive, Do Not Forget To Monitor Quality
SMDV represents a group of small- and mid-cap dividend growers, predominantly from the financial, industrial, and utilities sectors. The ETF has meaningfully disappointed since the previous note, deli...
Hyman: Small-cap stocks are the place to be because of the dividend growth
Simeon Hyman, Global Investment Strategist at ProShares Advisors, discusses why he prefers small-cap stocks to the mega-caps.
VIG Vs. SMDV: Going Small Poor Choice In Dividend Growth World
The Vanguard Dividend Appreciation ETF invests based on the S&P U.S. Dividend Growers Index. The ProShares Russell 2000 Dividend Growers ETF invests based on the Russell 2000 Dividend Growth Index. Di...
SMDV: High Quality Small Cap ETF
ProShares Russell 2000 Dividend Growers ETF holds about 100 dividend-growing small caps in equal weight. The heaviest sectors are financials, industrials, and utilities.Valuation looks inferior to the...
SMDV: The Paradox Of Expensiveness And Unsatisfactory Quality
SMDV is a passively managed dividend growth-focused fund favoring U.S. mid- and small-caps. Since my previous coverage, the index SMDV tracks has been reconstituted in June and then rebalanced in Sept...
SMDV: One Of The Best Small-Cap ETFs
SMDV is an equal-weight dividend growth ETF in small caps. The heaviest sector is financials, with over 30% of asset value.
SMDV: Why Weak Fundamentals Will Lead To Slower Dividend Growth
The Russell 2000 Dividend Growers ETF holds 88 small-cap companies with at least ten consecutive years of increasing dividends. Yield is currently 2.34%, and fees are 0.40% annually. SMDV has a 14.23%...
SMDV: Not A Completely Faultless Dividend Growth Strategy
SMDV offers exposure to a rather concentrated portfolio of small- and mid-cap U.S. equities with robust dividend growth stories.
SMDV: Investing In Small Caps With Lower Risk
SMDV implements a dividend growth strategy in the Russell 2000 index. It follows an equal-weight methodology. About 30% of asset value is in financials. Quality metrics are better than in the parent i...
Investors are moving toward quality stocks, Gradient's Mariann Montagne says
Mark Avallone, president of Potomac Wealth Advisors and Mariann Montagne portfolio manager at Gradient investments join 'The Exchange' to discuss their take on the stock market after the Fed said it w...
When Interest Rates Are Rising, Your Dividends Need To Be Growing
Rising rates don't always mean poor equity performance. Stocks have often performed well when interest rates have risen, particularly from low rate levels.
Discovering The Dividend Growth Advantage Beyond Large Caps
Similar to the S&P 500 Dividend Aristocrats, many mid- and small-cap companies with long histories of dividend growth have continued to grow dividends despite a challenging economic environment.
SMDV: Time For Long-Term Investors To Buy These Small-Cap Dividend Growers
SMDV: Time For Long-Term Investors To Buy These Small-Cap Dividend Growers
Small Cap Dividend Growth Since '07 Peak
In a continuation of a recent series on factor tilt strategies since the 2007 market peak, this article looks at a Small Cap Dividend Growth strategy.
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