DFAT vs SMDV
U.S. Targeted Value Portfolio-ETF Class Shares compared with ProShares S&P SmallCap 600 Dividend Aristocrats ETF on yield, payout growth, payment schedule, cost and risk.
DFAT
U.S. Targeted Value Portfolio-ETF Class Shares
TTM yield · Quarterly
SMDV
ProShares S&P SmallCap 600 Dividend Aristocrats ETF
TTM yield · Quarterly
Quick take
- SMDV yields more today: 2.30% vs 1.44% (forward).
- DFAT has grown its payout faster: 11.3%/yr vs 1.7%/yr over the last 3 years.
- Both pay every quarter.
- Over the last year DFAT delivered the higher total return: +19.4% vs +12.1% (price change plus payouts).
- DFAT is cheaper to own: 0.29% vs 0.40% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | DFAT | SMDV |
|---|---|---|
| Share price | $68.57 | $72.97 |
| TTM yield | 1.36% | 2.39% |
| Forward yield | 1.44% | 2.30% |
| Annual payout per share | $0.988 | $1.68 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 22, 2026 (est.) | Dec 23, 2026 (est.) |
| Expense ratio | 0.29% | 0.40% |
| 1-year payout growth | +4.3% | -0.1% |
| 5-year payout CAGR | — | +5.8% |
| Consecutive years of increases | 3 years | 1 year |
| Payout consistency (last 12) | 80/100 | 80/100 |
| 1-year total return | +19.4% | +12.1% |
| 1-year price return | +17.8% | +9.5% |
| Size (market cap / AUM) | 16.0B | 647.5M |
| Years paying | 5.3 | 11.3 |
| Sector / category | Small Value | Small Value |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| DFAT | SMDV | |
|---|---|---|
| Shares | 145.8 | 137.0 |
| Income per year | $144 | $230 |
| Income per month (avg) | $12 | $19 |
At forward yields, before taxes. Model DFAT · Model SMDV
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| DFAT Dec 22, 2026 | Jan 5, 2027 | $0.247 | Est. |
| DFAT Mar 23, 2027 | Apr 6, 2027 | $0.247 | Est. |
| DFAT Jun 22, 2027 | Jul 6, 2027 | $0.247 | Est. |
| SMDV Dec 23, 2026 | Jan 6, 2027 | $0.42 | Est. |
| SMDV Mar 24, 2027 | Apr 7, 2027 | $0.42 | Est. |
| SMDV Jun 23, 2027 | Jul 7, 2027 | $0.42 | Est. |
Annual payouts per share
DFATSMDV
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, DFAT or SMDV?
SMDV currently has the higher trailing yield: DFAT yields 1.36% and SMDV yields 2.39%. Yield changes daily with price, so check the live figures above.
How often do DFAT and SMDV pay?
DFAT pays every quarter and SMDV pays every quarter. DFAT's next ex-date is Dec 22, 2026 and SMDV's is Dec 23, 2026.
Which has grown its dividend faster, DFAT or SMDV?
DFAT has grown its payout faster: 11.3%/yr vs 1.7%/yr over the last 3 years.
Is DFAT or SMDV better for income?
It depends on what you are optimising for. DFAT and SMDV differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.