SMDV — ProShares Russell 2000 Dividend Growers ETF ☆

The investment seeks investment results, before fees and expenses, that track the performance of the Russell 2000 ® Dividend Growth Index (the "index"). Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index. The index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the index weight.