ProShares Russell 2000 Dividend Growers ETF (SMDV) belongs to the Small Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SMDV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMDV
SMDV charges 0.40% annually. There are 30 ETFs in the Small Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 600 Small Cap ETF | 0.03% | 16.36B | Jul 2013 | SMDV vs SPSM | |
| iShares Morningstar Small-Cap ETF | 0.04% | 290.06M | Jun 2004 | SMDV vs ISCB | |
| Schwab U.S. Small-Cap ETF | 0.04% | 23.58B | Nov 2009 | SMDV vs SCHA | |
| Vanguard Small-Cap ETF | 0.05% | 182.70B | Jan 2004 | SMDV vs VB | |
| iShares Core S&P Small-Cap ETF | 0.06% | 109.76B | May 2000 | SMDV vs IJR |
Best Risk-Adjusted Alternatives to SMDV
SMDV has a PortfoliosLab risk / return rank of 40. There are 50 ETFs in the Small Cap Blend Equities category with higher risk-adjusted ranks, going as high as 88.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Small Cap Core AlphaDEX Fund | 88 | 1.31B | May 2007 | SMDV vs FYX | |
| Fidelity Enhanced Small Cap ETF | 87 | 5.29B | Dec 2007 | SMDV vs FESM | |
| JPMorgan Fundamental Data Science Small Core ETF | 85 | 9.11M | Aug 2024 | SMDV vs SCDS | |
| Schwab U.S. Small-Cap ETF | 81 | 23.58B | Nov 2009 | SMDV vs SCHA | |
| Invesco NASDAQ Future Gen 200 ETF | 80 | 26.73M | Oct 2022 | SMDV vs QQQS |
Top Performing SMDV Alternatives (YTD)
SMDV is at 13.61% YTD. There are 43 ETFs in the Small Cap Blend Equities category with higher YTD returns, going as high as 61.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily Small Cap Bull 3X Shares | 61.93% | 1.44B | Nov 2008 | SMDV vs TNA | |
| Allspring SMID Core ETF | 31.27% | 78.82M | Jul 2025 | SMDV vs ASCE | |
| JPMorgan Fundamental Data Science Small Core ETF | 27.90% | 9.11M | Aug 2024 | SMDV vs SCDS | |
| abrdn Focused U.S. Small Cap Active ETF | 26.03% | 10.83M | Jun 2004 | SMDV vs AFSC | |
| Inspire Small/Mid Cap Impact ETF | 25.75% | 328.92M | Feb 2017 | SMDV vs ISMD |
Lowest Volatility Alternatives to SMDV
SMDV has 15.81% 1-year volatility. There are 13 ETFs in the Small Cap Blend Equities category with lower 1-year volatility, going as low as 6.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Russell 2000 Dynamic Daily Buffer ETF | 6.56% | — | Jun 2025 | SMDV vs RB | |
| First Trust Horizon Managed Volatility Small/Mid E... | 10.60% | 33.69M | Apr 2020 | SMDV vs HSMV | |
| Global X Russell 2000 Covered Call ETF | 10.66% | 1.36B | Apr 2019 | SMDV vs RYLD | |
| OShares U.S. Small-Cap Quality Dividend ETF | 13.19% | 875.00M | Dec 2016 | SMDV vs OUSM | |
| Opus Small Cap Value Plus ETF | 13.38% | 685.56M | Jul 2018 | SMDV vs OSCV |
Lowest Drawdown Alternatives to SMDV
SMDV has a 1-year max drawdown of -9.79%. There are 37 ETFs in the Small Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pacer US Small Cap Cash Cows 100 ETF | -6.15% | 3.49B | Jun 2017 | SMDV vs CALF | |
| Global X Russell 2000 Covered Call ETF | -6.29% | 1.36B | Apr 2019 | SMDV vs RYLD | |
| Hypatia Women CEO ETF | -6.96% | 5.55M | Jan 2023 | SMDV vs WCEO | |
| 6 Meridian Small Cap Equity ETF | -7.16% | 106.31M | May 2020 | SMDV vs SIXS | |
| VictoryShares US Small Cap High Dividend Volatilit... | -7.18% | 257.49M | Jul 2015 | SMDV vs CSB |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 10 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 68 | 56.90% | 39.74B | Feb 2010 | SMDV vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -27.53% | 1.42B | Oct 2021 | SMDV vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 67 | 38.76% | 14.59B | Jun 2006 | SMDV vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 59 | 22.44% | 5.36B | Jun 2009 | SMDV vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 59 | 16.27% | 8.02B | Jun 2006 | SMDV vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 31 | 5.77% | 11.27B | Oct 2013 | SMDV vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 89 | 110.66% | 3.28B | Jan 2007 | SMDV vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 0 | -45.65% | 1.83B | Feb 2010 | SMDV vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -28.03% | 265.17M | Oct 2011 | SMDV vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -55.20% | 340.85M | Apr 2024 | SMDV vs BITU |
Often Compared With SMDV
Investors most often compare SMDV with SCHD, REGL, TDV. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare SMDV with Any Fund or Stock
Compare SMDV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMDV with funds that move differently
ProShares Russell 2000 Dividend Growers ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMDV.
Explore SMDV Diversifiers