ProShares - S&P MidCap 400 Dividend Aristocrats ETF

ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is a passively managed exchange-traded fund launched on February 3, 2015, and managed by ProShare Advisors LLC, headquartered in Bethesda, Maryland, that seeks to track the performance of the S&P MidCap 400 Dividend Aristocrats Index. The fund invests at least 80% of its assets in mid-cap U.S. companies within the S&P MidCap 400 Index that have consistently increased their dividends for a minimum of 15 consecutive years, employing an equal-weighted strategy across a minimum of 40 holdings with no single sector exceeding 30% of the index. With approximately $1.77 billion in net assets and a net expense ratio of 0.40%, REGL provides investors with broad exposure to financially stable mid-cap firms across sectors such as industrials, financials, consumer discretionary, and materials, with top holdings including companies like Littelfuse, Chemed, and DT Midstream. The fund distributes dividends on a quarterly basis and offers daily liquidity through trading on major U.S. exchanges, making it an attractive option for long-term investors seeking both income and growth potential from dividend-growing mid-cap companies.