REGL: S&P 400 Dividend Aristocrats In An ETF Wrapper
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Vasily Zyryanov2.18K FollowersFollow5ShareSavePlay(20min)CommentsSummaryThe ProShares S&P MidCap 400 Dividend Aristocrats ETF has been tracking the S&P MidCap 400® Dividend Aristocrats® Index since its inception in 2015.Heavy in financials and utilities, the REGL portfolio has a 2.6% weighted average dividend yield and a 6.77% 3-year dividend CAGR.Since its inception in 2015, REGL has delivered a stronger total return than IJH and NOBL, yet it has underperformed DGRO, PFM, and the overall market using IVV as a proxy.Among the disadvantages are its value and low volatility characteristics that hinder it from capturing sufficient upside during bull markets. ardasavasciogullari/iStock via Getty Images The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is a passively managed investment vehicle offering exposure to mid-cap names that have at least a 15-year history of consistent dividend increases. While there is no denying that this is alreadyThis article was written byVasily Zyryanov2.18K FollowersFollowVasily Zyryanov is an individual investor and writer.He uses various techniques to find both relatively underpriced equities with strong upside potential and relatively overappreciated companies that have inflated valuation for a reason.In his research, he pays much attention to the energy sector (oil & gas supermajors, mid-cap, and small-cap exploration & production companies, the oilfield services firms), while he also covers a plethora of other industries from mining and chemicals to luxury bellwethers.He firmly believes that apart from simple profit and sales analysis, a meticulous investor must assess Free Cash Flow and Return on Capital to gain deeper insights and avoid sophomoric conclusions.While he favors underappreciated and misunderstood equities, he also acknowledges that some growth stocks do deserve their premium valuation, and its an investor's primary goal to delve deeper and uncover if the market's current opinion is correct or not.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.