

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.

The ProShares S&P MidCap 400 Dividend Aristocrat ETF (REGL) remains a Buy for conservative investors seeking growth with downside protection in volatile markets. REGL outperformed the S&P 500 by 8% YTD 2026 and consistently mitigates losses during market downturns, capturing 87% of sector gains but less of the losses. The ETF's holdings are attractively valued, with a 17.4x P/E and 2.15x P/B, and feature a 2.23% yield with 11.19% CAGR in distributions over 10 years.

With mid-cap stocks racing higher, this ProShares mid-cap dividend ETF is worth considering. It uses a familiar methodology to provide exposure to royal mid-cap dividend payers.

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