REGL vs WDIV

REGLBProShares S&P MidCap 400 Dividend Aristocrats ETF

WDIVBState Street SPDR S&P Global Dividend ETF

In short

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.

WDIV Dividend aristocrats with a passport. WDIV screens the world for companies that have held or raised payouts for at least a decade, buys the top yielders, and caps how much any one stock, sector or country can matter.

Stated mandate

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

WDIV The fund seeks to track, before fees and expenses, the total return of the S&P Global Dividend Aristocrats Index.

Why people hold it

• 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.comyahoo.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.

• WDIV The aristocrat idea, exported. NOBL's bar is 25 straight years of US dividend hikes; WDIV's is 10 years of stable or rising payouts anywhere in the S&P Global BMI, a far bigger pond.ssga.comproshares.com
• Diversification is written into the rulebook: 3% cap per stock, 25% ceiling per sector and per country, and no more than 20 names from any single country.ssga.com
• Running since 2013 at 0.40%, level with the median fee in its dividend-aristocrat peer group, and it sits in the upper half of that group on our review.
• A compact book of roughly 90 global dividend payers, distributing quarterly.

Worth knowing

• 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.

• WDIV 0.40% is the going rate among aristocrat funds, but plainer dividend index options in the same group cost far less (SPDG runs 0.05%).
• Thinly traded next to the headline US dividend names, so spreads can be wider than the sticker fee suggests.
• It is a yield-first screen on foreign shares: currency moves feed into returns, and a decade of merely stable dividends clears the bar alongside real growth.ssga.com

Full REGL profile⁠

Full WDIV profile⁠