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 offers exposure to high-quality mid-cap companies with a track record of financial stability and growth. The REGL ETF portfolio is well-diversified and evenly spread out across 50 companies, with no position making up more than 2.16% of the portfolio. The fund has a focus on dividend growth, providing stability and potential for capital appreciation, but may have limitations in exposure to high-growth companies.