REGL vs SPMD: Holdings Overlap
REGLProShares S&P MidCap 400 Dividend Aristocrats ETF
ProShares · 65 holdings · $1.8B · as of 2026-05-31
SPMDState Street® SPDR® Portfolio S&P 400™ Mid Cap ETF
State Street (SPDR) · 399 holdings · $18.5B · as of 2026-08-06
Holdings snapshots are 67 days apart (REGL: 2026-05-31, SPMD: 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 SPMD?
ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL, by ProShares) holds 65 positions; State Street® SPDR® Portfolio S&P 400™ Mid Cap ETF (SPMD, by State Street (SPDR)) holds 399. They have 65 holdings in common, and by portfolio weight the two funds are 17.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 65REGL holds 65 · SPMD holds 399
- Weight in Shared Holdings
- REGL 100%·SPMD 17%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
Every position in REGL is also held by SPMD, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | REGL | SPMD |
|---|---|---|
| Financials | 30.9% | 16.1% |
| Industrials | 13.6% | 26.0% |
| Information Technology | 1.8% | 15.7% |
| Utilities | 15.1% | 3.0% |
| Materials | 13.4% | 6.1% |
| Other Sectors | 24.9% | 38.7% |
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% |
| SPMD | +3.1% | +18.5% | +26.0% | +14.6% | +9.1% | +11.3% | 1.19% |
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 SPMD →
Shared Holdings(65)
The top 10 shared positions account for 30% of the overlap, led by EVR, SCI and LFUS.
 EVREvercore, Inc., Class A | 1.51% | 0.67% | 0.67% |
|---|---|---|---|
 SCIService Corporation International COM | 1.41% | 0.64% | 0.64% |
 LFUSLittelfuse Inc. COM | 1.85% | 0.64% | 0.64% |
 RSReliance Inc COM | 1.78% | 0.59% | 0.59% |
 RGLDRoyal Gold, Inc. COM | 1.39% | 0.49% | 0.49% |
 RBARB Global Inc COM | 1.61% | 0.47% | 0.47% |
 RGAReinsurance Group of America, Incorporated COM NEW | 1.50% | 0.43% | 0.43% |
 CSLCarlisle Companies Incorporated | 1.51% | 0.42% | 0.42% |
 LECOLincoln Electric Holdings Inc. COM | 1.56% | 0.42% | 0.42% |
 RPMRPM International Inc. COM | 1.55% | 0.41% | 0.41% |
 RNRRenaissancere Holdings Ltd. COM USD1 | 1.41% | 0.38% | 0.38% |
 GGGGraco Inc COM | 1.36% | 0.38% | 0.38% |
 DTMDT Midstream Inc COMMON STOCK | 1.69% | 0.37% | 0.37% |
 AITApplied Industrial Technologies Inc. COM | 1.62% | 0.36% | 0.36% |
 UNMUnum Group COM | 1.66% | 0.36% | 0.36% |
 ELSEquity Lifestyle Properties Inc COM | 1.49% | 0.34% | 0.34% |
 DCIDonaldson Company Inc. | 1.45% | 0.31% | 0.31% |
 WTRGEssential Utilities Inc COM | 1.48% | 0.31% | 0.31% |
 EGPEastgroup Properties, Inc. COM | 1.57% | 0.30% | 0.30% |
 ENSGEnsign Group, Inc. (The) | 1.37% | 0.29% | 0.29% |
 UMBFUMB Financial Corporation | 1.68% | 0.28% | 0.28% |
 CFRCullen/Frost Bankers, Inc. COM | 1.49% | 0.28% | 0.28% |
 PRIPrimerica, Inc. COM | 1.52% | 0.28% | 0.28% |
 RRyder System, Inc. COM | 1.71% | 0.28% | 0.28% |
 AFGAmerican Financial Group, Inc. COM | 1.56% | 0.28% | 0.28% |
Frequently Asked Questions
How much do REGL and SPMD overlap?
REGL and SPMD overlap by 17.0% of portfolio weight. They share 65 holdings (REGL holds 65 positions and SPMD holds 399), based on each fund's latest SEC-reported holdings.
Is it redundant to own both REGL and SPMD?
The two portfolios are 17.0% 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 SPMD?
The largest positions held by both funds are EVR, SCI, LFUS, RS and RGLD. Together the top 10 shared positions account for 30% of the total overlap.
What does REGL own that SPMD doesn't?
Nothing. Every position in REGL is also held by SPMD. In the other direction, 334 positions (88.6% of SPMD) are unique to SPMD.