REGL vs SDY: Holdings Overlap
REGLProShares S&P MidCap 400 Dividend Aristocrats ETF
ProShares · 65 holdings · $1.8B · as of 2026-05-31
SDYState Street® SPDR® S&P® Dividend ETF
State Street (SPDR) · 154 holdings · $22.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (REGL: 2026-05-31, SDY: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are REGL and SDY?
ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL, by ProShares) holds 65 positions; State Street® SPDR® S&P® Dividend ETF (SDY, by State Street (SPDR)) holds 154. They have 36 holdings in common, and by portfolio weight the two funds are 12.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 12.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 36REGL holds 65 · SDY holds 154
- Weight in Shared Holdings
- REGL 54%·SDY 12%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in REGL
29 of 65 positions (45.6% of the fund) are not held by SDY.
Sector Breakdown
| Sector | REGL | SDY |
|---|---|---|
| Financials | 30.9% | 12.5% |
| Industrials | 13.6% | 18.7% |
| Consumer Staples | 2.8% | 15.2% |
| Utilities | 15.1% | 13.2% |
| Materials | 13.4% | 7.6% |
| Other Sectors | 23.9% | 32.7% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| REGL | +3.7% | +14.8% | +18.4% | +12.5% | +8.5% | +9.8% | 2.13% |
| SDY | +1.4% | +14.8% | +16.9% | +10.8% | +7.8% | +9.4% | 2.36% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in REGL vs SDY →
Shared Holdings(36)
The top 10 shared positions account for 42% of the overlap, led by RPM, CSL and GGG.
 RPMRPM International Inc. COM | 1.55% | 0.64% | 0.64% |
|---|---|---|---|
 CSLCarlisle Companies Incorporated | 1.51% | 0.61% | 0.61% |
 GGGGraco Inc COM | 1.36% | 0.59% | 0.59% |
 LECOLincoln Electric Holdings Inc. COM | 1.56% | 0.57% | 0.57% |
 ELSEquity Lifestyle Properties Inc COM | 1.49% | 0.52% | 0.52% |
 DCIDonaldson Company Inc. | 1.45% | 0.47% | 0.47% |
 WTRGEssential Utilities Inc COM | 1.48% | 0.46% | 0.46% |
 RGLDRoyal Gold, Inc. COM | 1.39% | 0.44% | 0.44% |
 UMBFUMB Financial Corporation | 1.68% | 0.44% | 0.44% |
 AFGAmerican Financial Group, Inc. COM | 1.56% | 0.42% | 0.42% |
 CFRCullen/Frost Bankers, Inc. COM | 1.49% | 0.41% | 0.41% |
 TTCThe Toro Company COM | 1.49% | 0.41% | 0.41% |
 RRyder System, Inc. COM | 1.71% | 0.41% | 0.41% |
 ORIOld Republic International Corporation COM | 1.37% | 0.40% | 0.40% |
 RBARB Global Inc COM | 1.61% | 0.38% | 0.38% |
 SEICSEI Investments Company | 1.66% | 0.36% | 0.36% |
 NNNNNN REIT Inc COM | 1.57% | 0.36% | 0.36% |
 ATRAptargroup Inc. COM | 1.44% | 0.35% | 0.35% |
 THGThe Hanover Insurance Group, Inc. COM | 1.62% | 0.34% | 0.34% |
 CBSHCommerce Bancshares Inc COM | 1.62% | 0.33% | 0.33% |
 PBProsperity Bancshares Inc COM | 1.56% | 0.31% | 0.31% |
 MSAMSA Safety Inc. COM | 1.52% | 0.30% | 0.30% |
 NFGNational Fuel Gas Company COM | 1.41% | 0.30% | 0.30% |
 UBSIUnited Bankshares Inc COM | 1.56% | 0.27% | 0.27% |
 RLIRLI Corp COM | 1.35% | 0.25% | 0.25% |
Frequently Asked Questions
How much do REGL and SDY overlap?
REGL and SDY overlap by 12.4% of portfolio weight. They share 36 holdings (REGL holds 65 positions and SDY holds 154), based on each fund's latest SEC-reported holdings.
Is it redundant to own both REGL and SDY?
The two portfolios are 12.4% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of REGL and SDY?
The largest positions held by both funds are RPM, CSL, GGG, LECO and ELS. Together the top 10 shared positions account for 42% of the total overlap.
What does REGL own that SDY doesn't?
29 positions (45.6% of REGL) are unique to REGL, led by LFUS, CBT and CHE. In the other direction, 118 positions (87.5% of SDY) are unique to SDY.