ProShares S&P MidCap 400 Dividend Aristocrats ETF

REGL

Market cap $1.66B

I am upgrading ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) from Hold to Buy, citing its quality holdings and attractive risk-reward profile. REGL offers diversified mid-cap exposure, a forward P/E of 18.4x, and less concentration risk than large-cap dividend ETFs and the S&P 500.

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.

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.

ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is rated a Strong Buy for its defensive qualities and consistent returns. REGL's index outperforms the S&P 500, especially in down markets, with superior risk-adjusted returns and a strong historical alpha. The ETF offers solid downside protection, low beta, and better inflation-adjusted returns, making it ideal for conservative and balanced investors.

High-yielding stocks get a lot of attention. But a lot of them have underperformed over the long run. Which are better? High yielders or dividend growth stocks?

ProShares S&P MidCap 400 Dividend Aristocrats ETF focuses on S&P 400 stocks with at least 15 years of consecutive dividend growth. REGL offers diversification, strong dividend growth, good value, and superior risk-adjusted returns compared to its parent index S&P 400. Despite its strengths, REGL has lagged fundamentally-driven dividend growth ETFs in total return.

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