ProShares Russell 2000 Dividend Growers ETF (SMDV) Performance
SMDV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.0% since Dec 31, 2025
- 1 year
- +13.9% total return
- 5 years
- +5.6% a year
- 10 years
- +7.2% a year
- Since first price
- +7.7% a year since 2015
SMDV trailing returns vs SPY, QQQ, AGG
| Period | SMDV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.4% | +1.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.3% | −3.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.8% | +1.6% | +7.8% | +8.4% | −1.5% |
| YTD | +14.0% | +12.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.9% | +11.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +49.4%+14.3%/yr | +37.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +31.1%+5.6%/yr | +14.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +100.7%+7.2%/yr | +58.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionFeb 5, 2015 | +139.5%+7.7%/yr | +85.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SMDV vs SPY
From Feb 5, 2015: SMDV grew to $23,947, SPY to $44,747.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SMDV returns by calendar year
7 of 10 full years positive. Best 2016 (+35.2%), worst 2022 (−5.9%). 2026 is year to date.
SMDV annual returns table
| Year | SMDV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.0% | −9.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +0.3% | −15.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.0% | −10.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +9.0% | −18.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −5.9% | −16.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +19.0% | −11.2% | +28.7% | +27.4% | −1.8% |
| 2020 | −4.7% | −34.1% | +18.3% | +48.6% | +7.5% |
| 2019 | +17.2% | −6.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −0.6% | −13.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +4.6% | −5.8% | +21.7% | +32.7% | +3.6% |
| 2016 | +35.2% | −5.5% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SMDV largest drawdowns
Now 5.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 16, 2020 | −34.1% | Mar 23, 2020 | Jan 14, 2021 | 2 months | 12 months |
| Nov 25, 2024 | −21.2% | Apr 8, 2025 | Feb 6, 2026 | 4 months | 1.2 years |
| Feb 3, 2023 | −18.5% | Oct 27, 2023 | Dec 19, 2023 | 9 months | 10 months |
| Jan 4, 2022 | −16.6% | Sep 30, 2022 | Feb 2, 2023 | 9 months | 1.1 years |
| Sep 21, 2018 | −13.5% | Dec 24, 2018 | Feb 19, 2019 | 3 months | 5 months |
| Mar 12, 2021 | −11.2% | Sep 21, 2021 | Nov 5, 2021 | 6 months | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SMDV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +11.2% | +5.8% | +6.6% | +7.5% |
| Volatility (annualized) | 17.8% | 18.1% | 16.8% | 16.1% |
| Sharpe ratio | 0.44 | 0.20 | 0.33 | 0.41 |
| Sortino ratio | 0.80 | 0.34 | 0.51 | 0.64 |
| Best month | +14.2% | +14.2% | +14.2% | +14.2% |
| Worst month | −8.9% | −8.9% | −13.8% | −13.8% |
| Best 12 months | +32.0% | +32.0% | +44.6% | +44.6% |
| Worst 12 months | −8.3% | −10.8% | −18.7% | −18.7% |
| Positive months | 50% | 48% | 54% | 55% |
| Beta vs S&P 500 | 0.75 | 0.78 | 0.78 | — |
| Correlation with S&P 500 | 0.53 | 0.68 | 0.71 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SMDV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 129 | −18.7% | +6.9% | +44.6% | 75% |
| 3-year (a year) | 105 | −3.6% | +6.4% | +17.7% | 91% |
| 5-year (a year) | 81 | +1.6% | +6.1% | +10.9% | 100% |
| 10-year (a year) | 21 | +6.6% | +7.3% | +8.3% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
SMDV performance overview
ProShares Russell 2000 Dividend Growers ETF (SMDV) returned +13.9% over the past year and +7.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +7.7% a year, turning $10,000 into about $23,947. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −34.1%, from Jan 16, 2020 to Mar 23, 2020, and it took 10 months to get back to the old high. SMDV finished 7 of its 10 full calendar years with a gain; the best year was 2016 (+35.2%) and the worst 2022 (−5.9%). Volatility has been 16.1% a year.
Related: SMDV chart, SMDV holdings, SMDV dividends, SMDV valuation. See the SMDV overview for the latest quote and fund facts.
SMDV performance FAQ
What is the SMDV return over the past year?
SMDV returned +13.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.2%.
What is the average annual return of SMDV?
SMDV has returned +5.6% a year over 5 years, +7.2% a year over 10 years, +7.7% a year since February 5, 2015 (total return, distributions reinvested).
How much would $10,000 invested in SMDV be worth?
$10,000 invested in SMDV at its first recorded close on February 5, 2015 would be worth about $23,947 on October 23, 2026 with distributions reinvested.
What was the worst year for SMDV?
The worst calendar year was 2022, with a total return of −5.9%. The best was 2016 at +35.2%.
What is the biggest drawdown of SMDV?
The largest peak-to-trough decline was −34.1% between January 16, 2020 and March 23, 2020. It recovered to the old high on January 14, 2021, 10 months after the bottom.
How volatile is SMDV?
Over the past 3 years SMDV had an annualized volatility of 17.8% and a Sharpe ratio of 0.44 (excess return over 1–3 month T-bills per unit of risk).