SMDV

ProShares Russell 2000 Dividend Growers ETF

$65.40
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The ProShares Russell 2000 Dividend Growers ETF (SMDV) seeks to track the performance of the Russell 2000 Dividend Growth Index, which is designed to provide exposure to small-cap U.S. companies that have increased their dividends for at least 10 consecutive years.

Overview

ETF tracking ProShares Russell 2000 Dividend Growers ETF

Category Small Cap
Issuer ProShares
Inception Date 2015-12-15
Market Cap $632.4M
Average Volume N/A
Dividend Yield 2.67%
52-Week Range $58.95 - $75.88
VWAP $65.22

Performance

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Investment Summary

📎 Investment Objective

The ProShares Russell 2000 Dividend Growers ETF (SMDV) seeks to track the performance of the Russell 2000 Dividend Growth Index, which is designed to provide exposure to small-cap U.S. companies that have increased their dividends for at least 10 consecutive years.

🎯 Investment Strategy

The ETF invests in the equity securities of the companies included in the underlying index, seeking to replicate the index's performance. The index selects companies based on their history of consistently increasing dividends, which may provide potential for capital appreciation and income.

✨ Key Features

  • Focuses on small-cap U.S. companies with a history of dividend growth
  • Provides exposure to companies that have increased dividends for at least 10 consecutive years
  • Potential for capital appreciation and income generation
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Exposure to small-cap stocks, which may be more volatile and less liquid than larger companies
  • Concentration in a specific sector or industry, which can increase risk
  • Dividend payments are not guaranteed and may be reduced or eliminated
  • Tracking error risk, as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to small-cap U.S. companies with a focus on dividend growth. It may be particularly appealing to those looking for a combination of potential capital appreciation and income generation, while being mindful of the higher volatility associated with small-cap stocks.