ProShares S&P SmallCap 600 Dividend Aristocrats ETF SMDV

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 (i.e., securities of the index and comparable securities that have economic characteristics that are substantially identical to the economic characteristics of the 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.