SPHD vs. NOBL
Compare and contrast key facts about Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL).
SPHD and NOBL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPHD is a passively managed fund by Invesco that tracks the performance of the S&P Low Volatility High Dividend index. It was launched on Oct 18, 2012. 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 SPHD 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: SPHD or NOBL.
Correlation
The correlation between SPHD and NOBL is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SPHD vs. NOBL - Performance Comparison
Key characteristics
SPHD:
0.67
NOBL:
0.07
SPHD:
1.08
NOBL:
0.30
SPHD:
1.15
NOBL:
1.04
SPHD:
0.80
NOBL:
0.13
SPHD:
2.71
NOBL:
0.41
SPHD:
3.93%
NOBL:
4.86%
SPHD:
14.34%
NOBL:
14.89%
SPHD:
-41.39%
NOBL:
-35.44%
SPHD:
-7.19%
NOBL:
-8.30%
Returns By Period
In the year-to-date period, SPHD achieves a -0.86% return, which is significantly lower than NOBL's -0.66% return. Over the past 10 years, SPHD has underperformed NOBL with an annualized return of 8.06%, while NOBL has yielded a comparatively higher 9.23% annualized return.
SPHD
-0.86%
2.16%
-4.50%
9.50%
12.47%
8.06%
NOBL
-0.66%
2.14%
-6.59%
1.08%
11.41%
9.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPHD vs. NOBL - Expense Ratio Comparison
SPHD has a 0.30% expense ratio, which is lower than NOBL's 0.35% expense ratio.
Risk-Adjusted Performance
SPHD vs. NOBL — Risk-Adjusted Performance Rank
SPHD
NOBL
SPHD vs. NOBL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) 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
SPHD vs. NOBL - Dividend Comparison
SPHD's dividend yield for the trailing twelve months is around 3.44%, more than NOBL's 2.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPHD Invesco S&P 500® High Dividend Low Volatility ETF | 3.44% | 3.41% | 4.48% | 3.89% | 3.45% | 4.89% | 4.07% | 4.40% | 3.14% | 3.83% | 3.49% | 3.24% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 2.16% | 2.05% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% | 1.59% |
Drawdowns
SPHD vs. NOBL - Drawdown Comparison
The maximum SPHD drawdown since its inception was -41.39%, which is greater than NOBL's maximum drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for SPHD and NOBL. For additional features, visit the drawdowns tool.
Volatility
SPHD vs. NOBL - Volatility Comparison
Invesco S&P 500® High Dividend Low Volatility ETF (SPHD) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL) have volatilities of 5.09% and 5.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.