ProShares S&P SmallCap 600 Dividend Aristocrats ETF

SMDV

ProShares

ProShares S&P SmallCap 600 Dividend Aristocrats ETF (SMDV) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 99.85%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 99.85%

Halal 31.13%
Doubtful 1.15%
Not halal 67.57%
Not rated 0.15%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer: ProShares
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.40%
AUM: 682.71M USD
Holdings: 70 (70 screened)
Basket as of (provider): 27 Oct 2026
Basket fetched by Akinda: 27 Oct 2026
Verdict updated: 3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	31.13%	67.57%
DJIM	Not halal	31.24%	64.94%
FTSE	Not halal	43.51%	52.67%
MSCI	Not halal	43.51%	52.67%
S&P	Not halal	35.70%	60.49%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 70 holdings, largest first · basket as of 27 Oct 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	PRGOPERRIGO CO PLC	2.22%	Not halal	Not halal	Not halal	Not halal	Not halal
2	MKTXMARKETAXESS HOLDINGS INC	2.15%	Not halal	Not halal	Not halal	Not halal	Not halal
3	BMIBADGER METER INC	1.81%	Halal	Halal	Halal	Halal	Halal
4	WORWORTHINGTON ENTERPRISES INC	1.72%	Halal	Halal	Halal	Halal	Halal
5	IOSPINNOSPEC INC	1.71%	Halal	Halal	Halal	Halal	Halal
6	HNIHNI CORP	1.70%	Not halal	Not halal	Halal	Halal	Not halal
7	ABMABM INDUSTRIES INC	1.69%	Not halal	Not halal	Halal	Halal	Not halal
8	NSPINSPERITY INC	1.62%	Not halal	Not halal	Not halal	Not halal	Not halal
9	RHIROBERT HALF INC	1.62%	Halal	Halal	Halal	Halal	Halal
10	TMPTOMPKINS FINANCIAL CORP	1.62%	Not halal	Not halal	Not halal	Not halal	Not halal
11	SCLSTEPAN CO	1.61%	Not halal	Not halal	Halal	Halal	Not halal
12	APOGAPOGEE ENTERPRISES INC	1.61%	Halal	Halal	Halal	Halal	Halal
13	GFFGRIFFON CORP	1.60%	Not halal	Not halal	Not halal	Not halal	Not halal
14	WLYWILEY (JOHN) & SONS-CLASS A	1.59%	Not halal	Not halal	Halal	Halal	Halal
15	JJSFJ & J SNACK FOODS CORP	1.58%	Halal	Halal	Halal	Halal	Halal
16	UCBUNITED COMMUNITY BANKS/GA	1.56%	Not halal	Not halal	Not halal	Not halal	Not halal
17	MATXMATSON INC	1.56%	Halal	Halal	Halal	Halal	Halal
18	BCPCBALCHEM CORP	1.55%	Halal	Halal	Halal	Halal	Halal
19	STBAS & T BANCORP INC	1.51%	Not halal	Not halal	Not halal	Not halal	Not halal
20	WABCWESTAMERICA BANCORPORATION	1.51%	Not halal	Not halal	Not halal	Not halal	Not halal
21	NBTBN B T BANCORP INC	1.51%	Not halal	Not halal	Not halal	Not halal	Not halal
22	CHCOCITY HOLDING CO	1.51%	Not halal	Not halal	Not halal	Not halal	Not halal
23	KWRQUAKER CHEMICAL CORPORATION	1.50%	Not halal	Not halal	Halal	Halal	Not halal
24	NHCNATIONAL HEALTHCARE CORP	1.49%	Halal	Halal	Halal	Halal	Halal
25	SFNCSIMMONS FIRST NATL CORP-CL A	1.48%	Not halal	Not halal	Not halal	Not halal	Not halal
26	UTLUNITIL CORP	1.47%	Not halal	Not halal	Not halal	Not halal	Not halal
27	CPKCHESAPEAKE UTILITIES CORP	1.47%	Not halal	Not halal	Not halal	Not halal	Not halal
28	LKFNLAKELAND FINANCIAL CORP	1.47%	Not halal	Not halal	Not halal	Not halal	Not halal
29	MSEXMIDDLESEX WATER CO	1.46%	Not halal	Not halal	Halal	Halal	Not halal
30	INDBINDEPENDENT BANK CORP/MA	1.44%	Not halal	Not halal	Not halal	Not halal	Not halal
31	AWRAMERICAN STATES WATER CO	1.44%	Not halal	Not halal	Not halal	Not halal	Halal
32	OTTROTTER TAIL CORP	1.43%	Not halal	Not halal	Halal	Halal	Halal
33	NWNNORTHWEST NATURAL HOLDING CO	1.42%	Not halal	Not halal	Not halal	Not halal	Not halal
34	HFWAHERITAGE FINANCIAL CORP	1.42%	Not halal	Not halal	Not halal	Not halal	Not halal
35	BANFBANCFIRST CORP	1.41%	Not halal	Not halal	Not halal	Not halal	Not halal
36	SFBSSERVISFIRST BANCSHARES INC	1.39%	Not halal	Not halal	Not halal	Not halal	Not halal
37	EMNEASTMAN CHEMICAL CO	1.39%	Not halal	Not halal	Not halal	Not halal	Not halal
38	HWKNHAWKINS INC	1.39%	Halal	Halal	Halal	Halal	Halal
39	FELEFRANKLIN ELECTRIC CO INC	1.38%	Halal	Halal	Halal	Halal	Halal
40	AUBATLANTIC UNION BANKSHARES CO	1.38%	Not halal	Not halal	Not halal	Not halal	Not halal
41	CWTCALIFORNIA WATER SERVICE GRP	1.38%	Not halal	Not halal	Halal	Halal	Not halal
42	LNNLINDSAY CORP	1.37%	Halal	Halal	Halal	Halal	Halal
43	CBUCOMMUNITY FINANCIAL SYSTEM I	1.36%	Not halal	Not halal	Not halal	Not halal	Not halal
44	HTOH2O AMERICA	1.34%	Not halal	Not halal	Not halal	Not halal	Not halal
45	WDFCWD-40 CO	1.34%	Halal	Halal	Halal	Halal	Halal
46	HMNHORACE MANN EDUCATORS	1.33%	Not halal	Not halal	Not halal	Not halal	Not halal
47	MTRNMATERION CORP	1.33%	Not halal	Not rated	Not rated	Not rated	Not rated
48	MWAMUELLER WATER PRODUCTS INC-A	1.33%	Halal	Halal	Halal	Halal	Halal
49	NBHCNATIONAL BANK HOLD-CL A	1.31%	Not halal	Not halal	Not halal	Not halal	Not halal
50	TRNOTERRENO REALTY CORP	1.31%	Halal	Halal	Halal	Halal	Halal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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