ProShares S&P 500 Dividend Aristocrats ETF (NOBL)

ProShares S&P 500 Dividend Aristocrats ETF — analysis

NOBL's headline numbers: $14.3B AUM, 19 bps expense ratio, 1999 inception. Category: Dividend Aristocrats. Benchmark: Index Benchmark. ProShares S&P 500 Dividend Aristocrats ETF is the issuer-titled fund managed against that index since launch.

NOBL VMCI-Composite: 67/100. The metric weighs the underlying companies' VMCI by their fund weight (top 10), so it captures whether the index methodology is selecting fundamentally cheaper, higher-quality, or lower-risk names. Read: above-average composite quality.

Trailing total return on NOBL: 8.6% 5y CAGR. The Index Benchmark index returned 8.0% per year over the same window, leaving the fund above index by 0.6 pp annualized.

Income line on NOBL: 4.10% trailing yield, 7.6% 5-year distribution CAGR. The starting yield combined with the growth rate is the standard back-of-envelope for total-income compounding inside the fund.

Holdings detail for NOBL: 31% in top 10 (AAPL 3.85% the largest), with Technology at 32% of the allocation. The remaining sector mix spreads across 11 categories.

For a dividend aristocrats allocation, the comparable trio to NOBL is VYM, SCHD, VIG. The screener and ETF browse pages on ValueMarkers let you sort all four side-by-side on AUM, cost, return, and yield.