NOBL vs. SNPD

Last updated Aug 4, 2026

NOBL (ProShares S&P 500 Dividend Aristocrats ETF) and SNPD (Xtrackers S&P ESG Dividend Aristocrats ETF) are both exchange-traded funds - NOBL is a Dividend fund tracking the S&P 500 Dividend Aristocrats Index, while SNPD is a Mid Cap Value Equities fund tracking the S&P ESG High Yield Dividend Aristocrats Index. Both are passively managed. Over the past 3 years, NOBL returned 8.76%/yr vs 9.43%/yr for SNPD. Their 0.96 correlation means they have historically moved very closely together. NOBL charges 0.35%/yr vs 0.15%/yr for SNPD.

Performance

NOBL vs. SNPD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares S&P 500 Dividend Aristocrats ETF (NOBL) and Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NOBL achieves a 11.50% return, which is significantly lower than SNPD's 15.68% return.

NOBL

• 1D: 0.60%
• 1M: -0.50%
• 6M: 4.99%
• YTD: 11.50%
• 1Y: 16.10%
• 3Y*: 8.76%
• 5Y*: 6.69%
• 10Y*: 9.85%
• ALL TIME*: 10.74%

SNPD

• 1D: 0.56%
• 1M: 1.41%
• 6M: 7.94%
• YTD: 15.68%
• 1Y: 20.68%
• 3Y*: 9.43%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NOBL ProShares S&P 500 Dividend Aristocrats ETF	$70.34M	$67.56M	$62.19M
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	$13.15K	$33.91K	$29.19K

NOBL vs. SNPD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NOBL ProShares S&P 500 Dividend Aristocrats ETF	11.50%	6.84%	6.72%	8.09%	1.95%
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	15.68%	6.66%	5.41%	2.68%	3.49%

Correlation

The correlation between NOBL and SNPD is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (All Time) Calculated using the full available price history since Nov 9, 2022	0.96

The correlation between NOBL and SNPD has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

NOBL vs. SNPD - Sectors Allocation Comparison

Sectors	NOBL	SNPD
Consumer Defensive	23.3%	19.0%
Industrials	20.3%	17.7%
Financial Services	13.2%	8.3%
Healthcare	10.8%	5.2%
Basic Materials	9.4%	6.8%
Utilities	5.7%	14.4%
Consumer Cyclical	5.3%	9.3%
Real Estate	4.6%	6.8%
Technology	4.3%	6.5%
Energy	2.9%	2.9%
Communication Services	-	3.0%

Return for Risk

NOBL vs. SNPD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NOBL

NOBL Risk / Return Rank: 51
NOBL Sharpe Ratio Rank: 56
NOBL Sortino Ratio Rank: 60
NOBL Omega Ratio Rank: 50
NOBL Calmar Ratio Rank: 48
NOBL Martin Ratio Rank: 42

SNPD

SNPD Risk / Return Rank: 70
SNPD Sharpe Ratio Rank: 75
SNPD Sortino Ratio Rank: 80
SNPD Omega Ratio Rank: 70
SNPD Calmar Ratio Rank: 65
SNPD Martin Ratio Rank: 57

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NOBL vs. SNPD - Risk-Adjusted Trends Comparison

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

	NOBL	SNPD	Difference
Sharpe ratio: Return per unit of total volatility	1.36	1.81	-0.45
Sortino ratio: Return per unit of downside risk	2.07	2.70	-0.63
Omega ratio: Gain probability vs. loss probability	1.23	1.31	-0.08
Calmar ratio: Return relative to maximum drawdown	1.77	2.39	-0.62
Martin ratio: Return relative to average drawdown	4.49	7.14	-2.65

NOBL vs. SNPD - Sharpe Ratio Comparison

The current NOBL Sharpe Ratio is 1.36, which is comparable to the SNPD Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of NOBL and SNPD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NOBL vs. SNPD - Drawdown Comparison

The maximum NOBL drawdown since its inception was -35.43%, which is greater than SNPD's maximum drawdown of -15.80%. Use the drawdown chart below to compare losses from any high point for NOBL and SNPD.

Drawdown Indicators

	NOBL	SNPD	Difference
Max Drawdown Largest peak-to-trough decline	-35.43%	-15.80%	-19.63%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-8.68%	-0.43%
Max Drawdown (3Y) Largest decline over 3 years	-15.36%	-15.80%	+0.44%
Max Drawdown (5Y) Largest decline over 5 years	-17.92%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.43%	—	—
Current Drawdown Current decline from peak	-1.73%	-2.11%	+0.38%
Average Drawdown Average peak-to-trough decline	-3.46%	-3.81%	+0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.59%	2.90%	+0.69%

Volatility

NOBL vs. SNPD - Volatility Comparison

ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has a higher volatility of 4.72% compared to Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) at 4.36%. This indicates that NOBL's price experiences larger fluctuations and is considered to be riskier than SNPD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NOBL	SNPD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	4.36%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	9.11%	8.84%	+0.27%
Volatility (1Y) Calculated over the trailing 1-year period	11.92%	11.50%	+0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.48%	13.15%	+1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.64%	13.15%	+3.49%

NOBL vs. SNPD - Expense Ratio Comparison

NOBL has a 0.35% expense ratio, which is higher than SNPD's 0.15% expense ratio.

Dividends

NOBL vs. SNPD - Dividend Comparison

NOBL's dividend yield for the trailing twelve months is around 2.03%, less than SNPD's 3.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NOBL ProShares S&P 500 Dividend Aristocrats ETF	2.03%	2.14%	2.05%	2.09%	1.94%	1.89%	2.14%	1.89%	2.37%	1.74%	2.13%	2.02%
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	3.14%	3.10%	2.78%	2.63%	0.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NOBL and SNPD in my portfolio?

With a correlation of 0.94, NOBL and SNPD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, NOBL or SNPD?

NOBL has higher volatility (4.72%) compared to SNPD (4.36%). In terms of maximum drawdown, NOBL dropped -35.43% vs SNPD's -15.80%.

Which ETF is better, NOBL or SNPD?

On 3-year performance, SNPD leads with 9.43% vs 8.76% for NOBL. On fees, SNPD is cheaper at 0.15% per year. On volatility, SNPD has been the lower-risk option at 4.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NOBL or SNPD?

Over the 3-year period, SNPD has performed better with a 9.43% return vs 8.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NOBL or SNPD?

SNPD is cheaper with a 0.15% expense ratio, compared with 0.35% for NOBL.

Which ETF pays a higher dividend yield, NOBL or SNPD?

SNPD has the higher dividend yield at 3.14%, compared with 2.03% for NOBL.

What is the main difference between NOBL and SNPD?

NOBL is categorized as Dividend, while SNPD is Mid Cap Value Equities. NOBL tracks S&P 500 Dividend Aristocrats Index, while SNPD tracks S&P ESG High Yield Dividend Aristocrats Index. They also come from different issuers: ProShares and Xtrackers. Their fees differ too: 0.35% for NOBL and 0.15% for SNPD.

Which has better risk-adjusted returns?

SNPD currently has the higher Sharpe Ratio (1.81 vs 1.36), 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.