REGL vs. DVLU
REGL (ProShares S&P MidCap 400 Dividend Aristocrats ETF) and DVLU (First Trust Dorsey Wright Momentum & Value ETF) are both exchange-traded funds - REGL is a Mid Cap Value Equities fund tracking the S&P MidCap 400 Dividend Aristocrats Index, while DVLU is a Momentum fund tracking the Dorsey Wright Momentum Plus Value Index. Both are passively managed. Over the past 5 years, REGL returned 7.41%/yr vs 12.25%/yr for DVLU. A 0.78 correlation means they provide meaningful diversification when combined. REGL charges 0.40%/yr vs 0.60%/yr for DVLU.
Performance
REGL vs. DVLU - Performance Comparison
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Returns By Period
In the year-to-date period, REGL achieves a 8.22% return, which is significantly lower than DVLU's 10.79% return.
REGL
- 1D
- 0.50%
- 1M
- 1.92%
- YTD
- 8.22%
- 6M
- 6.56%
- 1Y
- 13.68%
- 3Y*
- 12.57%
- 5Y*
- 7.41%
- 10Y*
- 9.68%
DVLU
- 1D
- 0.30%
- 1M
- 4.14%
- YTD
- 10.79%
- 6M
- 8.85%
- 1Y
- 36.17%
- 3Y*
- 21.46%
- 5Y*
- 12.25%
- 10Y*
- —
REGL vs. DVLU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF | 8.22% | 6.89% | 12.26% | 5.41% | -0.62% | 20.38% | 7.50% | 18.79% | -9.49% |
DVLU First Trust Dorsey Wright Momentum & Value ETF | 10.79% | 23.67% | 13.36% | 18.84% | -9.73% | 41.67% | -6.68% | 33.59% | -24.03% |
Correlation
The correlation between REGL and DVLU is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2018 | 0.78 |
The correlation between REGL and DVLU shifts across timeframes, from 0.65 (1 year) to 0.79 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
REGL vs. DVLU — Risk / Return Rank
REGL
DVLU
REGL vs. DVLU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) and First Trust Dorsey Wright Momentum & Value ETF (DVLU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| REGL | DVLU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.38 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 2.97 | -1.55 |
| Martin ratioReturn relative to average drawdown | 4.41 | 10.71 | -6.29 |
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Drawdowns
REGL vs. DVLU - Drawdown Comparison
The maximum REGL drawdown since its inception was -36.37%, smaller than the maximum DVLU drawdown of -53.26%. Use the drawdown chart below to compare losses from any high point for REGL and DVLU.
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Drawdown Indicators
| REGL | DVLU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.37% | -53.26% | +16.89% |
Max Drawdown (1Y)Largest decline over 1 year | -9.67% | -12.24% | +2.57% |
Max Drawdown (3Y)Largest decline over 3 years | -16.96% | -24.86% | +7.90% |
Max Drawdown (5Y)Largest decline over 5 years | -16.96% | -24.86% | +7.90% |
Max Drawdown (10Y)Largest decline over 10 years | -36.37% | — | — |
Current DrawdownCurrent decline from peak | -1.97% | -0.65% | -1.32% |
Average DrawdownAverage peak-to-trough decline | -4.08% | -8.73% | +4.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 3.39% | -0.28% |
Volatility
REGL vs. DVLU - Volatility Comparison
ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) and First Trust Dorsey Wright Momentum & Value ETF (DVLU) have volatilities of 3.57% and 3.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| REGL | DVLU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.57% | 3.70% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 9.31% | 12.34% | -3.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.24% | 16.43% | -3.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.06% | 21.39% | -5.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.32% | 25.73% | -7.41% |
REGL vs. DVLU - Expense Ratio Comparison
REGL has a 0.40% expense ratio, which is lower than DVLU's 0.60% expense ratio.
Dividends
REGL vs. DVLU - Dividend Comparison
REGL's dividend yield for the trailing twelve months is around 2.15%, more than DVLU's 0.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVLU First Trust Dorsey Wright Momentum & Value ETF | 0.62% | 0.73% | 1.06% | 1.34% | 2.18% | 1.33% | 1.34% | 1.71% | 0.58% | 0.00% | 0.00% | 0.00% |
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF | 2.15% | 2.32% | 2.28% | 2.40% | 2.32% | 2.50% | 2.41% | 1.96% | 2.09% | 1.63% | 1.20% | 1.66% |
Frequently Asked Questions
REGL and DVLU have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DVLU has higher volatility (3.70%) compared to REGL (3.57%). In terms of maximum drawdown, REGL dropped -36.37% vs DVLU's -53.26%.
On 5-year performance, DVLU leads with 12.25% vs 7.41% for REGL. On fees, REGL is cheaper at 0.40% per year. On volatility, REGL has been the lower-risk option at 3.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DVLU has performed better with a 12.25% return vs 7.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
REGL is cheaper with a 0.40% expense ratio, compared with 0.60% for DVLU.
REGL has the higher dividend yield at 2.15%, compared with 0.62% for DVLU.
REGL is categorized as Mid Cap Value Equities, while DVLU is Momentum. REGL tracks S&P MidCap 400 Dividend Aristocrats Index, while DVLU tracks Dorsey Wright Momentum Plus Value Index. They also come from different issuers: ProShares and First Trust. Their fees differ too: 0.40% for REGL and 0.60% for DVLU.
DVLU currently has the higher Sharpe Ratio (2.22 vs 1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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