ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) — Stock Correlations & Overview
Over the past year, REGL has moved most closely with HSMV, DON, TMDV. Explore the stocks most correlated and inversely correlated with REGL below, along with its price, financials, and company profile.
Stocks correlated with REGL
Correlation of daily returns. Higher positive values move with REGL; negative values move opposite it. Informational only, not investment advice.
Most correlated with REGL
| Symbol | Company | Correlation |
|---|---|---|
| HSMV | First Trust Horizon Managed Volatility Small/Mid ETF | 0.92 |
| DON | WisdomTree U.S. MidCap Dividend Fund | 0.90 |
| TMDV | ProShares Russell US Dividend Growers ETF | 0.90 |
| SMDV | ProShares Russell 2000 Dividend Growers ETF | 0.89 |
| CSB | VictoryShares US Small Cap High Div Volatility Wtd ETF | 0.88 |
Frequently asked questions about REGL correlations
- Which stocks are most correlated with REGL?
- Based on one year of daily returns, the stocks most correlated with ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) are HSMV (0.92), DON (0.90) and TMDV (0.90). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with REGL?
- Over the past year, the stocks most inversely correlated with ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) are SKRE (-0.76), SBB (-0.73) and SDD (-0.72). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these REGL correlations calculated?
- We compute the correlation of daily returns between REGL and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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