ProShares S&P 500 Dividend Aristocrats ETF, managed by ProShare Advisors LLC, is a fund that focuses on investing in U.S. companies known for paying dividends. It selects companies across various sectors, emphasizing those with a history of growing their dividends. The goal is to mirror the performance of the S&P 500 Dividend Aristocrats Index, which includes large-cap companies that have consistently increased dividends. Launched in 2013, this ETF offers investors exposure to dividend-paying growth and value stocks.