
Under ordinary market conditions, this fund is structured to commit a significant majority—at least 80% of its overall investments—to the specific stocks that make up its reference index. This underlying index is composed of a minimum of 40 individual companies, each assigned an identical weighting within the portfolio. Furthermore, to promote diversification, no single industry sector is permitted to constitute more than 30% of the index's total value.
Is REGL's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Almost every ETF claiming to own Dividend Aristocrats actually mixes in other holdings, but a small group of funds holds nothing but these elite dividend growers. Choosing the wrong one in 2026 could cost you years of compounding.

ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) remains a 'hold,' valued mainly for its downside protection and stability. REGL outperformed NOBL by 6.02% since February 2024 but lagged IJH and IVV, reflecting its lower upside capture in bull markets. REGL's components exhibit exceptional stability, with only a 4.93% deviation in ROE from five-year averages, the lowest among all the U.S. mid-cap value ETFs I track.

Making its debut on 02/03/2015, smart beta exchange traded fund ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) provides investors broad exposure to the Style Box - Mid Cap Value category of the market.

Why I Am Upgrading REGL

The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) was launched on 02/03/2015, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Mid Cap Value category of the market.