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ProShares S&P 500 Dividend Aristocrats ETF (NOBL)

ETF · Currency in USD · Last updated Sep 30, 2023

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is a passively managed exchange-traded fund (ETF) that seeks to track the investment results of the S&P 500 Dividend Aristocrats Index. The index is a benchmark for high-quality, dividend-paying companies that have consistently increased their dividends over the past 25 consecutive years. These companies are considered to be financially solid and stable, and they may offer the potential for both capital appreciation and income.

The NOBL ETF was launched on October 9, 2013, with an expense ratio of 0.35% and is managed by ProShares. The fund might be suitable for investors looking for a low-cost way to gain exposure to a portfolio of high-quality, dividend-paying companies or who intend to generate constant money flow through distributions.

Summary

ETF Info

ISINUS74348A4673
CUSIP74348A467
IssuerProShares
Inception DateOct 9, 2013
RegionNorth America (U.S.)
CategoryLarge Cap Growth Equities, Dividend
Index TrackedS&P 500 Dividend Aristocrats Index
ETF Home Pagewww.proshares.com
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

The ProShares S&P 500 Dividend Aristocrats ETF has a high expense ratio of 0.35%, indicating higher-than-average management fees.


0.35%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in ProShares S&P 500 Dividend Aristocrats ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%MayJuneJulyAugustSeptember
-2.20%
3.97%
NOBL (ProShares S&P 500 Dividend Aristocrats ETF)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with NOBL

ProShares S&P 500 Dividend Aristocrats ETF

Popular comparisons: NOBL vs. SCHD, NOBL vs. VIG, NOBL vs. SPY, NOBL vs. DGRO, NOBL vs. SDY, NOBL vs. SPHD, NOBL vs. VOO, NOBL vs. DIVO, NOBL vs. REGL, NOBL vs. DGRW

Return

ProShares S&P 500 Dividend Aristocrats ETF had a return of -0.15% year-to-date (YTD) and 11.75% in the last 12 months. Over the past 10 years, ProShares S&P 500 Dividend Aristocrats ETF had an annualized return of 10.34%, outperforming the S&P 500 benchmark which had an annualized return of 9.79%.


PeriodReturnBenchmark
1 month-6.14%-5.02%
6 months-1.91%4.35%
Year-To-Date-0.15%11.68%
1 year11.75%17.79%
5 years (annualized)8.10%8.05%
10 years (annualized)10.34%9.79%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-2.36%0.99%2.12%-5.90%8.08%2.59%-2.34%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 Dividend Aristocrats ETF (NOBL) and S&P 500 (^GSPC). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
NOBL
ProShares S&P 500 Dividend Aristocrats ETF
0.61
^GSPC
S&P 500
0.89

Sharpe Ratio

The current ProShares S&P 500 Dividend Aristocrats ETF Sharpe ratio is 0.61. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.00MayJuneJulyAugustSeptember
0.61
0.89
NOBL (ProShares S&P 500 Dividend Aristocrats ETF)
Benchmark (^GSPC)

Dividend History

ProShares S&P 500 Dividend Aristocrats ETF granted a 2.19% dividend yield in the last twelve months. The annual payout for that period amounted to $1.94 per share.


PeriodTTM2022202120202019201820172016201520142013
Dividend$1.94$1.74$1.86$1.71$1.43$1.44$1.11$1.15$1.00$0.80$0.13

Dividend yield

2.19%1.97%1.96%2.26%2.05%2.62%1.97%2.46%2.38%1.92%0.37%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares S&P 500 Dividend Aristocrats ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.35$0.00$0.00$0.46$0.00$0.00
2022$0.00$0.00$0.35$0.00$0.00$0.39$0.00$0.00$0.40$0.00$0.00$0.60
2021$0.00$0.00$0.38$0.00$0.00$0.44$0.00$0.00$0.41$0.00$0.00$0.63
2020$0.00$0.00$0.34$0.00$0.00$0.41$0.00$0.00$0.42$0.00$0.00$0.53
2019$0.00$0.00$0.24$0.00$0.00$0.39$0.00$0.00$0.36$0.00$0.00$0.44
2018$0.00$0.00$0.24$0.00$0.00$0.43$0.00$0.00$0.35$0.00$0.00$0.42
2017$0.00$0.00$0.19$0.00$0.00$0.22$0.00$0.00$0.33$0.00$0.00$0.37
2016$0.00$0.00$0.21$0.00$0.00$0.25$0.00$0.00$0.27$0.00$0.00$0.42
2015$0.00$0.00$0.20$0.00$0.00$0.26$0.00$0.00$0.25$0.00$0.00$0.29
2014$0.00$0.00$0.18$0.00$0.00$0.17$0.00$0.00$0.21$0.00$0.00$0.24
2013$0.13

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%MayJuneJulyAugustSeptember
-8.34%
-10.60%
NOBL (ProShares S&P 500 Dividend Aristocrats ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the ProShares S&P 500 Dividend Aristocrats ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the ProShares S&P 500 Dividend Aristocrats ETF is 35.44%, recorded on Mar 23, 2020. It took 139 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-35.44%Jan 21, 202044Mar 23, 2020139Oct 8, 2020183
-17.92%Jan 5, 2022186Sep 30, 2022200Jul 20, 2023386
-15.27%Sep 24, 201864Dec 24, 201864Mar 28, 2019128
-10.39%Jan 29, 201867May 3, 201891Sep 12, 2018158
-9.84%Aug 18, 20156Aug 25, 2015131Mar 3, 2016137

Volatility Chart

The current ProShares S&P 500 Dividend Aristocrats ETF volatility is 3.26%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%4.50%5.00%5.50%MayJuneJulyAugustSeptember
3.26%
3.17%
NOBL (ProShares S&P 500 Dividend Aristocrats ETF)
Benchmark (^GSPC)

Alternatives


SymbolInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. YieldMax. DrawdownSharpe RatioSortino ratioOmega ratioCalmar ratioUlcer Index
VIGApr 21, 20060.06%3.9%10.5%2.0%-46.8%0.91.81.22.02.7%