diff --git a/charts/argo-rollouts/Chart.yaml b/charts/argo-rollouts/Chart.yaml
index 7bdb6ea9..74431538 100644
--- a/charts/argo-rollouts/Chart.yaml
+++ b/charts/argo-rollouts/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 appVersion: "v1.0.2"
 description: A Helm chart for Argo Rollouts
 name: argo-rollouts
-version: 2.0.0
+version: 2.0.1
 icon: https://argoproj.github.io/argo-rollouts/assets/logo.png
 home: https://github.com/argoproj/argo-helm
 maintainers:
@@ -11,4 +11,4 @@ maintainers:
   - name: jessesuen
 annotations:
   artifacthub.io/changes: |
-    - "[Added]: Dashboard manifests"
+    - "[Fixed]: ServiceMonitor selector labels match metrics Service"
diff --git a/charts/argo-rollouts/templates/argo-rollouts-service-monitor.yaml b/charts/argo-rollouts/templates/argo-rollouts-service-monitor.yaml
index f94a25b8..72d9a691 100644
--- a/charts/argo-rollouts/templates/argo-rollouts-service-monitor.yaml
+++ b/charts/argo-rollouts/templates/argo-rollouts-service-monitor.yaml
@@ -4,7 +4,7 @@ kind: ServiceMonitor
 metadata:
   name: {{ include "argo-rollouts.fullname" . }}
   labels:
-    app.kubernetes.io/component: server
+    app.kubernetes.io/component: {{ .Values.controller.component }}
     {{- include "argo-rollouts.labels" . | nindent 4 }}
     {{- range $key, $value := .Values.controller.metrics.serviceMonitor.additionalLabels }}
     {{ $key }}: {{ $value | quote }}
@@ -21,6 +21,6 @@ spec:
     - {{ .Release.Namespace }}
   selector:
     matchLabels:
-      app.kubernetes.io/component: server
+      app.kubernetes.io/component: {{ .Values.controller.component }}
       {{- include "argo-rollouts.selectorLabels" . | nindent 6 }}
 {{- end }}