ProShares S&P SmallCap 600 Dividend Aristocrats ETF (SMDV) is a US dividend ETF. As of October 9, 2026, ETF Copilot scores SMDV 3.3 out of 10 — highest on Value (8.5), lowest on Growth (0.8). It trades at 17.3 times earnings, against its own median of 18.0. Its ten largest holdings are 18% of the fund.
What stands out in SMDV's data
U.S. small-cap dividend growers, screened for consistent payout increases.
Trails most small-cap income funds in recent returns — the growth has to come from the payout, not the price.
A 3-year annualized return of 11% lags behind most peers, whose median is 17%. Profitability runs at ROIC 9.6%, and the portfolio trades at 12.7x EBITDA.
A small-cap income sleeve that costs less to own than its track record suggests.
Why did SMDV move this week? It fell 1.2% in the week to October 9, 2026 — Materion and Power Integrations drove it
SMDV fell 1.2% in the week to October 9, 2026. The holdings that moved it most were Materion (−10.2%), Power Integrations (−9.8%) and Enpro Industries (−6.3%); Apogee Enterprises (+14.0%) pushed the other way.
How is SMDV rated? ETF Copilot scores ProShares S&P SmallCap 600 Dividend Aristocrats ETF (SMDV) 3.3 out of 10
As of October 9, 2026, ETF Copilot scores ProShares S&P SmallCap 600 Dividend Aristocrats ETF (SMDV) 3.3 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.3 / 10
- Growth: 0.8 / 10
- Value: 8.5 / 10
- Risk: 5.7 / 10
- Quality: 1.5 / 10
- Return: 2.0 / 10
Is SMDV expensive right now? It trades at 17.3 times earnings, against its own median of 18.0
As of October 9, 2026, SMDV is cheaper than 66% of its own 115 monthly readings since 2017 — 39 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside SMDV?
What's inside SMDV: Size (Large 0%, Mid 13%, Small 87%); Geography (International 3%, US 97%); Tech 2.6%; Semiconductors 1.1%.
What are SMDV's top holdings? The ten largest are 18% of the fund
Marketaxess, Perrigo, Innospec, HNI, Worthington Industries, Materion, ABM Industries, J & J Snack Foods, Matson and Balchem are SMDV's largest holdings, in that order.
Less concentrated than 77% of Dividend US ETFs.
Half of SMDV's weight sits in its 32 largest positions, and once those weights are taken into account it behaves like 69 equally weighted holdings.
What is SMDV's expense ratio? 0.40% a year
As of October 9, 2026, SMDV charges 0.40% a year, yields 2.42% and holds $649M in assets across 71 positions.
| Measure | SMDV |
|---|---|
| Expense ratio | 0.40% |
| Dividend yield | 2.42% |
| Assets under management | $649M |
| Holdings | 71 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “ProShares S&P SmallCap 600 Dividend Aristocrats ETF (SMDV) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/smdv
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