KNGZ vs REGL: Grades, Fees and Holdings Compared

First Trust S&P 500 Diversified Dividend Aristocrats ETF

KNGZCNasdaq

ProShares S&P MidCap 400 Dividend Aristocrats ETF

REGLBCboe

Overlap

0.0%by weight

Expense ratio

REGL −0.10pt a year

KNGZ0.50%REGL0.40%

Avg volume · 30D

REGL 10.0×the volume

KNGZ5.75KREGL57.3K

5Y return · a year

KNGZ +3.1pt

KNGZ+11.0%REGL+7.9%

KNGZ vs REGL Performance

Oct 29, 2021 – Oct 30, 2026

+68.4%KNGZ+46.5%REGL

Expense ratio: KNGZ 0.50%; REGL 0.40%, better
Fund size: KNGZ $69M; REGL $1.74B
1Y total return: KNGZ +25.9%, better; REGL +15.2%
Yield (12M): KNGZ 2.45%, better; REGL 2.16%
Holdings: KNGZ 99; REGL 66
Avg volume (30D): KNGZ 5.75K sh; REGL 57.3K sh, better
NAV per share: KNGZ $43.39; REGL $91.90
52W range

ETF.net Grade

Pillar letters and Scores for KNGZ, REGL, with each pillar’s weight
Pillar	KNGZ	REGL
Cost30% weight	F23	C41Higher
Mission25% weight	A73	A86Higher
Risk15% weight	C44Higher	D30
Tradability15% weight	D30	B63Higher
Holdings10% weight	D28	B64Higher
Durability5% weight	C44	B56Higher

Rank among Dividend Aristocrats funds

How we build Categories ›

Same Category. KNGZ and REGL are both graded against the same 7 Dividend Aristocrats funds, so their Grades compare head to head.

Dividend Aristocrats⁠

Category · 7 funds

See all 7 ›

REGL ranks 3rd and KNGZ 5th of 7 funds in the Dividend Aristocrats Category.

Rank 1ASDYState Street SPDR S&P Dividend ETFScore 75
Rank 2ANOBLProShares S&P 500 Dividend Aristocrats ETFScore 70
Rank 3BREGLProShares S&P MidCap 400 Dividend Aristocrats ETFScore 57
Rank 3BWDIVState Street SPDR S&P Global Dividend ETFScore 57
Rank 5CKNGZFirst Trust S&P 500 Diversified Dividend Aristocrats ETFScore 41
Rank 6CSNPDXtrackers S&P Dividend Aristocrats Screened ETFScore 40

Our read on each fund

ETF.net Research

KNGZCFirst Trust S&P 500 Diversified Dividend Aristocrats ETF

REGLBProShares S&P MidCap 400 Dividend Aristocrats ETF

In short

KNGZ Dividend Aristocrats with a diversification rule bolted on: KNGZ tracks a sector-neutral S&P 500 dividend-grower index, so sector weights are set by design instead of drifting toward wherever the dividend growers happen to cluster.

REGL The Dividend Aristocrats formula, one size down. REGL screens the S&P MidCap 400 for companies that have raised their dividend at least 15 straight years, landing on a compact roster of about 60 mid-cap payers.

Stated mandate

KNGZ The Fund seeks to track the price and yield of the S&P 500 Sector-Neutral Dividend Aristocrats Index. It normally invests at least 90% of assets in index securities and uses an indexing approach.

REGL REGL seeks pre-fee and pre-expense investment results that track the S&P MidCap 400 Dividend Aristocrats Index.

Why people hold it

KNGZ The "diversified" in the name is structural: a sector-neutral index of roughly 100 dividend payers, so no single sector quietly becomes the whole portfolio.ftportfolios.com
Plain index plumbing: normally at least 90% of assets in index securities, no manager discretion, and it has stayed close to the benchmark it names.ftportfolios.com
Live since 2017 as a First Trust index tracker, with distributions on a quarterly schedule.

REGL The 15-year raise streak is a quality filter in disguise: a company needs a decade and a half of intact cash flow to get in, and it drops out when the streak breaks.proshares.com yahoo.com
Mid-cap dividend growth is a thin shelf. Running since 2015 and now a multi-billion-dollar fund, this is the established wrapper for the idea, not a lightly used experiment.proshares.com
It sticks close to its index, so the methodology on paper is what actually shows up in the portfolio. No manager discretion to second-guess.
Cash comes back quarterly, in step with the payout rhythm of the companies inside.

Worth knowing

KNGZ Cost is the trade-off: 0.50% a year against a 0.40% peer median, and SPDG runs sector-neutral S&P dividend exposure for 0.05%.
Thinly traded with a modest asset base, so spreads and order type matter more here than in the category's household names.
It sits in the lower half of its dividend-aristocrat peer group overall, with fee and trading costs, not index tracking, driving that.

REGL 0.40% is dead-on the median for aristocrat-style funds, but broad dividend index products price near 0.05% (SPDG). The mid-cap screen is what the extra buys.
About 60 names is a narrow roster carved out of a 400-stock universe, so individual companies and sector tilts carry real weight here.
Trading is moderate rather than heavy, which matters more on size than on a small order.

Full KNGZ profile⁠

Full REGL profile⁠

KNGZ vs REGL Holdings

How KNGZ and REGL differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of KNGZ and 0.0% of REGL.

Level by level

Holdings0 in both0.0%
Sector11 Sectors43.4%
Countryby domicile96.4%
Asset classEquity100%

Sector

Sector weights in KNGZ and REGL, widest gap first
Sector	More in KNGZMore in REGL	KNGZ	REGL
Technology	KNGZ +41.9 points	43.6%	1.7%
Financials	REGL +20.3 points	10.7%	31.0%
Utilities	REGL +11.8 points	1.8%	13.6%
Industrials	REGL +9.5 points	6.4%	15.9%
Communication	KNGZ +9.4 points	9.4%	0.0%
Materials	REGL +8.9 points	0.8%	9.7%
Real Estate	REGL +5.7 points	1.6%	7.3%
Health Care	KNGZ +4.3 points	9.2%	4.9%
Consumer Staples	KNGZ +0.9 points	4.0%	3.1%
Consumer Discretionary	REGL +0.3 points	9.7%	10.0%
Energy	Same weight	2.9%	2.9%

Country, concentration and asset class

Country by domicile

Country weights in KNGZ and REGL, widest gap first
Country	More in KNGZMore in REGL	KNGZ	REGL
United States	REGL +3.6 points	96.4%	100.0%
China	KNGZ +2.9 points	2.9%	0.0%
United Kingdom	KNGZ +0.7 points	0.7%	0.0%

Concentration

Weight in the 10 largest Holdings

KNGZ36.1%
REGL16.8%

Securities held

KNGZ98
REGL65

Asset class

KNGZ: Equity
REGL: Equity

Holdings

Only in KNGZ98
In both0
Only in REGL65

Only in KNGZ

98 securities, 99.7% of KNGZ by weight

Accenture plc4.20%
Texas Instruments Incorporated4.13%
International Business Machines Corporation4.00%
Microchip Technology Incorporated3.92%
QUALCOMM Incorporated3.62%
HP Inc.3.59%
Comcast Corporation (Class A)3.40%
Verizon Communications Inc.3.38%
TE Connectivity Plc2.92%
Oracle Corporation2.91%
Omnicom Group Inc.2.34%
Roper Technologies, Inc.2.26%
Analog Devices, Inc.2.13%
Pfizer Inc.1.61%
Hewlett Packard Enterprise Company1.52%
United Parcel Service, Inc. (Class B)1.35%
NIKE, Inc. (Class B)1.34%
Microsoft Corporation1.32%
Broadcom Inc.1.25%
ONEOK, Inc.1.24%
Best Buy Co., Inc.1.24%
Corning Incorporated1.17%
General Mills, Inc.1.08%
Bristol-Myers Squibb Company1.07%
T. Rowe Price Group, Inc.1.03%
Prudential Financial, Inc.1.02%
McDonald's Corporation0.98%
The Home Depot, Inc.0.96%
Altria Group, Inc.0.94%
Truist Financial Corporation0.94%
Hasbro, Inc.0.93%
Regions Financial Corporation0.93%
Genuine Parts Company0.92%
Medtronic Plc0.90%
The Clorox Company0.87%
Chevron Corporation0.86%
Paychex, Inc.0.85%
Franklin Templeton, Inc.0.84%
KeyCorp0.84%
Huntington Bancshares Incorporated0.83%
Hormel Foods Corporation0.83%
Lowe's Companies, Inc.0.81%
CVS Health Corporation0.78%
Starbucks Corporation0.77%
U.S. Bancorp0.77%
Lennar Corporation0.77%
The PNC Financial Services Group, Inc.0.75%
EOG Resources, Inc.0.74%
Stanley Black & Decker, Inc.0.73%
Kimberly-Clark Corporation0.72%

Only in REGL

65 securities, 99.8% of REGL by weight

Ryder System Inc1.76%
Evercore Inc - A1.72%
Churchill Downs Inc1.71%
Westlake Corp1.68%
Lithia Motors Inc1.67%
Thor Industries Inc1.66%
Carlisle Cos Inc1.65%
Gatx Corp1.65%
Cubesmart1.64%
Polaris Inc1.64%
Rb Global Inc1.64%
Aptargroup Inc1.63%
Essential Utilities Inc1.60%
Spire Inc1.60%
Prosperity Bancshares Inc1.58%
Bank Ozk1.58%
Avient Corp1.57%
Lincoln Electric Holdings1.57%
Idacorp Inc1.57%
Northwestern Energy Group In1.57%
Ensign Group Inc/The1.57%
Chemed Corp1.56%
Toro Co1.56%
Black Hills Corp1.56%
Hanover Insurance Group Inc/1.56%
Marzetti Company/The1.56%
Silgan Holdings Inc1.56%
One Gas Inc1.55%
Reliance Inc1.55%
Oge Energy Corp1.54%
American Financial Group Inc1.54%
First Finl Bankshares Inc1.54%
Rpm International Inc1.53%
United Bankshares Inc1.53%
New Jersey Resources Corp1.53%
Rli Corp1.53%
Home Bancshares Inc1.52%
Ingredion Inc1.52%
Cullen/Frost Bankers Inc1.51%
Umb Financial Corp1.51%
International Bancshares Crp1.51%
Portland General Electric Co1.51%
Stag Industrial Inc1.51%
Cabot Corp1.51%
Littelfuse Inc1.51%
Nnn Reit Inc1.51%
National Fuel Gas Co1.50%
Dt Midstream Inc1.49%
Commerce Bancshares Inc1.49%
Equity Lifestyle Properties1.49%

Weight gaps

KNGZ and REGL share no securities.

All 98 KNGZ holdings⁠All 67 REGL holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

KNGZ vs REGL Cost

Overpaying KNGZ vs REGL

$1,889

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

KNGZ 0.50%
$9,979
REGL 0.40%
$8,090

Amount$10,000

Years30 years

Cost over time

KNGZ 0.50%
REGL 0.40%
Overpaying

Year by year

Year	KNGZ	REGL	Overpaying
10	$900	$723	$177
20	$3,460	$2,793	$667
30	$9,979	$8,090	$1,889

Expense ratio

0.50%KNGZ
0.40%REGL, cheaper

REGL0.40%KNGZ0.50%

0.15%0.60%

Middle half of Dividend Aristocrats funds
Median 0.40%

REGL 4th cheapest of 7 funds

KNGZ 6th cheapest of 7 funds

KNGZ vs REGL Dividends

Last 12 months to Oct 30, 2026

Yield (12M): KNGZ 2.45%, better; REGL 2.16%
Payout (12M): KNGZ $1.06; REGL $1.99
Last payment: KNGZ $0.26; REGL $0.40
Ex-dividend: KNGZ Sep 24, 2026; REGL Sep 23, 2026
Paid on: KNGZ Sep 30, 2026; REGL Sep 29, 2026
Frequency: KNGZ Quarterly; REGL Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

KNGZQuarterly · 37 paymentsAll KNGZ payments⁠

REGLQuarterly · 39 paymentsAll REGL payments⁠

KNGZ vs REGL Risk

Fall from peak · 5 years

KNGZ
REGL

Risk facts

VolatilityStd dev, 3 years: KNGZ 13.8%, betterREGL 15.1%
Return per unit of riskSharpe ratio, 3 years: KNGZ 1.17, betterREGL 0.72
Worst fallMax drawdown, 5 years: KNGZ −19.7%REGL −17.0%, better
Market sensitivityBeta, 5 years: KNGZ 0.90REGL 0.64; Market = 1

Popular comparisons

KNGZCvsSDYA
First Trust S&P 500 Diversified Dividend Aristocrats ETF · State Street SPDR S&P Dividend ETF
Expense ratio
0.50% · 0.35%
Category
REGLBvsSDYA
ProShares S&P MidCap 400 Dividend Aristocrats ETF · State Street SPDR S&P Dividend ETF
Expense ratio
0.40% · 0.35%
Category
KNGZCvsNOBLA
First Trust S&P 500 Diversified Dividend Aristocrats ETF · ProShares S&P 500 Dividend Aristocrats ETF
Expense ratio
0.50% · 0.35%
Category
REGLBvsNOBLA
ProShares S&P MidCap 400 Dividend Aristocrats ETF · ProShares S&P 500 Dividend Aristocrats ETF
Expense ratio
0.40% · 0.35%
Category
KNGZCvsWDIVB
First Trust S&P 500 Diversified Dividend Aristocrats ETF · State Street SPDR S&P Global Dividend ETF
Expense ratio
0.50% · 0.40%
Category
REGLBvsWDIVB
ProShares S&P MidCap 400 Dividend Aristocrats ETF · State Street SPDR S&P Global Dividend ETF
Expense ratio
0.40% · 0.40%
Category