NOBL — ProShares S&P 500 Dividend Aristocrats ETF
Dividend Income Ranked #84 of 120 tracked ETFs · Issued by ProShares
Overview
The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) operates within the Dividend Income category, which ETFValuer tracks with a total of 8 funds. Issued by ProShares, this fund has accumulated assets under management of $11.5 billion and trades at a price of $56.60. It holds an overall rank of #84 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 57.1 out of 100. The fund charges an expense ratio of 0.35% while offering a dividend yield of 2.07%. The substantial asset size and specific yield profile suggest a significant level of investor adoption relative to the limited number of peers in its specific category.
Over the most recent trading day, the fund recorded a decline of 1.58%, followed by a weekly gain of 0.78%. Monthly performance showed acceleration with a 4.37% return, which extended to 7.84% over the three-month period. This upward momentum continued into the six-month horizon with an 8.80% return and a year-to-date gain of 9.50%. The one-year return stands at 13.45%, while the three-year total return reaches 27.12%. The data indicates a pattern where short-term fluctuations have given way to consistent positive growth over longer holding periods.
NOBL carries a low volatility label and a beta of 0.60, indicating that the fund has historically exhibited less price fluctuation than the broader market. A Sharpe ratio of 0.73 suggests the fund has generated a moderate amount of excess return per unit of risk taken. During market downturns, the fund experienced a maximum drawdown of -15.36%. This combination of a low beta and moderate Sharpe ratio implies a defensive posture that may limit downside severity while still participating in market gains, though the maximum drawdown figure confirms that significant losses are still possible during adverse conditions.
AI-generated summary based on the data on this page.
NOBL Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Sysco Corp. | 1.64% | $197M |
| 2 | Colgate-Palmolive Co. | 1.62% | $195M |
| 3 | PepsiCo, Inc. | 1.60% | $193M |
| 4 | Linde plc | 1.60% | $193M |
| 5 | Caterpillar, Inc. | 1.60% | $192M |
| 6 | Clorox Co. (The) | 1.59% | $192M |
| 7 | Procter & Gamble Co. (The) | 1.59% | $191M |
| 8 | Church & Dwight Co., Inc. | 1.58% | $190M |
| 9 | Amcor plc | 1.58% | $190M |
| 10 | Exxon Mobil Corp. | 1.58% | $190M |
Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing.
Market Backdrop
10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
NOBL Performance History
| Period | Return |
|---|---|
| 1-Day | -1.58% |
| 1-Week | +0.78% |
| 1-Month | +4.37% |
| 3-Month | +7.84% |
| 6-Month | +8.80% |
| YTD | +9.50% |
| 1-Year | +13.45% |
| 3-Year | +27.12% |
How NOBL Compares to Other Dividend Income ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #4 | B+ |
VYM | Vanguard High Dividend Yield Index Fund ETF Shares | +21.56% | 0.04% | $96.2B |
| #9 | B+ |
SCHD | Schwab U.S. Dividend Equity ETF | +23.90% | 0.06% | $95.7B |
| #10 | B+ |
DGRO | iShares Core Dividend Growth ETF | +21.09% | 0.08% | $41.2B |
| #15 | B+ |
HDV | iShares Core High Dividend ETF | +21.01% | 0.08% | $13.7B |
| #29 | B |
VIG | Vanguard Dividend Appreciation Index Fund ETF Shares | +16.85% | 0.04% | $129B |
| #33 | B |
DVY | iShares Select Dividend ETF | +20.97% | 0.38% | $22.9B |
| #64 | C |
SDY | State Street SPDR S&P Dividend ETF | +14.41% | 0.35% | $21.4B |
| #84 | C |
NOBL | ProShares S&P 500 Dividend Aristocrats ETF | +13.45% | 0.35% | $11.5B |