SNPD vs. NOBL
Compare and contrast key facts about Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL).
SNPD and NOBL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SNPD is a passively managed fund by Xtrackers that tracks the performance of the S&P ESG High Yield Dividend Aristocrats Index. It was launched on Nov 8, 2022. NOBL is a passively managed fund by ProShares that tracks the performance of the S&P 500 Dividend Aristocrats Index. It was launched on Oct 9, 2013. Both SNPD and NOBL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNPD or NOBL.
Key characteristics
| SNPD | NOBL | |
|---|---|---|
| YTD Return | 11.15% | 12.08% |
| 1Y Return | 16.59% | 16.63% |
| Sharpe Ratio | 1.39 | 1.49 |
| Daily Std Dev | 11.77% | 10.96% |
| Max Drawdown | -14.05% | -35.43% |
| Current Drawdown | -0.15% | -0.20% |
Correlation
The correlation between SNPD and NOBL is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SNPD vs. NOBL - Performance Comparison
In the year-to-date period, SNPD achieves a 11.15% return, which is significantly lower than NOBL's 12.08% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SNPD vs. NOBL - Expense Ratio Comparison
SNPD has a 0.15% expense ratio, which is lower than NOBL's 0.35% expense ratio.
Risk-Adjusted Performance
SNPD vs. NOBL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) 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.
Dividends
SNPD vs. NOBL - Dividend Comparison
SNPD's dividend yield for the trailing twelve months is around 1.90%, less than NOBL's 2.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF | 1.90% | 2.63% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 2.00% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% | 1.59% | 0.30% |
Drawdowns
SNPD vs. NOBL - Drawdown Comparison
The maximum SNPD drawdown since its inception was -14.05%, smaller than the maximum NOBL drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for SNPD and NOBL. For additional features, visit the drawdowns tool.
Volatility
SNPD vs. NOBL - Volatility Comparison
Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) has a higher volatility of 2.82% compared to ProShares S&P 500 Dividend Aristocrats ETF (NOBL) at 2.39%. This indicates that SNPD'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.