PG vs. NOBL
PG (The Procter & Gamble Company) is a stock, while NOBL (ProShares S&P 500 Dividend Aristocrats ETF) is Dividend fund tracking the S&P 500 Dividend Aristocrats Index. Over the past 10 years, PG returned 8.96%/yr vs 9.94%/yr for NOBL. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
PG vs. NOBL - Performance Comparison
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Returns By Period
In the year-to-date period, PG achieves a 5.93% return, which is significantly lower than NOBL's 7.43% return. Over the past 10 years, PG has underperformed NOBL with an annualized return of 8.96%, while NOBL has yielded a comparatively higher 9.94% annualized return.
PG
- 1D
- 0.86%
- 1M
- 4.83%
- YTD
- 5.93%
- 6M
- 6.28%
- 1Y
- -3.97%
- 3Y*
- 3.69%
- 5Y*
- 4.73%
- 10Y*
- 8.96%
NOBL
- 1D
- 0.54%
- 1M
- 4.72%
- YTD
- 7.43%
- 6M
- 6.43%
- 1Y
- 13.97%
- 3Y*
- 8.55%
- 5Y*
- 5.94%
- 10Y*
- 9.94%
PG vs. NOBL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 5.93% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 7.43% | 6.84% | 6.72% | 8.09% | -6.52% | 25.46% | 8.35% | 27.39% | -3.26% | 21.02% |
Correlation
The correlation between PG and NOBL is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2013 | 0.54 |
The correlation between PG and NOBL has been stable across timeframes, ranging from 0.50 to 0.54 - a consistent structural relationship.
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Return for Risk
PG vs. NOBL — Risk / Return Rank
PG
NOBL
PG vs. NOBL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Procter & Gamble Company (PG) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL). 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.
| PG | NOBL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.19 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 1.38 | -1.75 |
| Martin ratioReturn relative to average drawdown | -0.68 | 3.53 | -4.21 |
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Drawdowns
PG vs. NOBL - Drawdown Comparison
The maximum PG drawdown since its inception was -54.25%, which is greater than NOBL's maximum drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for PG and NOBL.
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Drawdown Indicators
| PG | NOBL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.25% | -35.43% | -18.82% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -9.11% | -6.41% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -15.36% | -5.79% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -17.92% | -5.85% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -35.43% | +11.66% |
Current DrawdownCurrent decline from peak | -13.29% | -2.43% | -10.86% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -3.48% | -8.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.80% | 3.56% | +5.24% |
Volatility
PG vs. NOBL - Volatility Comparison
The Procter & Gamble Company (PG) has a higher volatility of 6.99% compared to ProShares S&P 500 Dividend Aristocrats ETF (NOBL) at 2.95%. This indicates that PG's price experiences larger fluctuations and is considered to be riskier than NOBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PG | NOBL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.99% | 2.95% | +4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 15.01% | 8.11% | +6.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.78% | 11.52% | +7.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.82% | 14.41% | +3.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.05% | 16.61% | +2.44% |
Dividends
PG vs. NOBL - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 2.85%, more than NOBL's 2.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 2.04% | 2.14% | 2.05% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% |
PG The Procter & Gamble Company | 2.85% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Frequently Asked Questions
PG and NOBL have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PG has higher volatility (6.99%) compared to NOBL (2.95%). In terms of maximum drawdown, PG dropped -54.25% vs NOBL's -35.43%.
NOBL currently has the higher Sharpe Ratio (1.09 vs -0.30), 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.
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