Skip to Content
ETFs

ProShares S&P 500 Dividend Aristocrats ETF

NOBL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 09 2013
Expense Ratio
0.35%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$38,460,981
AUM
$11,070,648,535
Associated Index
S&P 500 Dividend Aristocrats Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

XOM
Exxon Mobil Corp.
1.77%
ABBV
Abbvie Inc
1.73%
CB
Chubb Limited
1.72%
AFL
Aflac Inc.
1.71%
IBM
International Business Machines Corp.
1.71%
CAT
Caterpillar Inc.
1.71%
EMR
Emerson Electric Co.
1.71%
CINF
Cincinnati Financial Corp.
1.69%
CVX
Chevron Corp.
1.67%
BRO
Brown & Brown, Inc.
1.66%
Invest with NOBL

What is NOBL?

ProShares S&P 500 Aristocrats seeks investment results, before fees and expenses, that track the performance of the S&P 500 Dividend Aristocrats Index. The Index, constructed and maintained by S&P Dow Jones Indices LLC, targets companies that are currently members of the S&P 500 , have increased dividend payments each year for at least 25 years, and meet certain market capitalization and liquidity requirements. The Index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the Index weight. If there are fewer than 40 stocks with at least 25 consecutive years of dividend growth or if sector caps are breached, the Index will include companies with shorter dividend growth histories. The Index is reweighted each January, April, July and October, with an annual reconstitution during each January.

ETFs related toNOBL

ETFs correlated to NOBL include SDY, KNG, LGLV

NOBL
ProShares Trust - ProShares S&P 500 Dividend Aristocrats ETF
SDY
SPDR Series Trust - SPDR Dividend ETF
KNG
First Trust Exchange-Traded Fund IV - FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF
LGLV
SPDR Series Trust - SPDR SSGA US Large Cap Low Volatility Index ETF
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
FVD
First Trust Exchange-Traded Fund III - First Trust Value Line Dividend Index Fund
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toNOBL

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with NOBL using Composer

FAQ

NOBL is a US Equities ETF. ProShares S&P 500 Aristocrats seeks investment results, before fees and expenses, that track the performance of the S&P 500 Dividend Aristocrats Index. The Index, constructed and maintained by S&P Dow Jones Indices LLC, targets companies that are currently members of the S&P 500 , have increased dividend payments each year for at least 25 years, and meet certain market capitalization and liquidity requirements. The Index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the Index weight. If there are fewer than 40 stocks with at least 25 consecutive years of dividend growth or if sector caps are breached, the Index will include companies with shorter dividend growth histories. The Index is reweighted each January, April, July and October, with an annual reconstitution during each January.

NOBL tracks the S&P 500 Dividend Aristocrats Index.

NOBL dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

No, NOBL is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, NOBL is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on NOBL is -0.024%. This is the percent change in the value of NOBL over the most recent 1-month period. The 3-month return on NOBL is -0.02%. This is the percent change in the value of NOBL over the most recent 3-month period.

The standard deviation of NOBL for the past year is 0.1609%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to NOBL include VYM, DFAS, and DFAT.

ETFs correlated to NOBL include SDY, KNG, and LGLV.

ETFs that are inversely correlated to NOBL include SDOW, DOG, and DXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.