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ProShares Russell 2000 Dividend Growers ETF SMDV

Is ProShares Russell 2000 Dividend Growers ETF Halal?

Shariah Compliance Analysis of SMDV ETF

No. As of October 2026, ProShares Russell 2000 Dividend Growers ETF (SMDV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

SMDV was created on 2015-02-05 by ProShares. The fund's investment portfolio concentrates primarily on small cap equity. The ETF currently has 631.19m in AUM and 105 holdings. SMDV tracks an index of US small-cap stocks with a 10-year record of increasing dividends. Stocks are equally weighted.

SMDV Shariah Compliance

As of October 2026, ProShares Russell 2000 Dividend Growers ETF is classified as not halal.

NOT HALAL

ProShares Russell 2000 Dividend Growers ETF (SMDV) Chart

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