Is ProShares Russell 2000 Dividend Growers ETF (SMDV) a Strong ETF Right Now?

SMDV is a smart beta ETF launched in 2015 that tracks the Russell 2000 Dividend Growth Index, focusing on small-cap companies with 10+ years of dividend growth. With $717.92 million in assets and a 0.40% expense ratio, it has delivered 16.24% year-to-date returns and 13.8% one-year performance. The fund maintains medium risk with a beta of 0.77 and is heavily weighted toward Financials (32.7%). Investors seeking lower-cost alternatives may consider DGRO or VIG.