VIG vs. NOBL
Compare and contrast key facts about Vanguard Dividend Appreciation ETF (VIG) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL).
VIG and NOBL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VIG is a passively managed fund by Vanguard that tracks the performance of the NASDAQ US Dividend Achievers Select Index. It was launched on Apr 21, 2006. 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 VIG 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: VIG or NOBL.
Performance
VIG vs. NOBL - Performance Comparison
Returns By Period
In the year-to-date period, VIG achieves a 19.54% return, which is significantly higher than NOBL's 13.33% return. Over the past 10 years, VIG has outperformed NOBL with an annualized return of 11.65%, while NOBL has yielded a comparatively lower 10.12% annualized return.
VIG
19.54%
0.68%
11.90%
25.17%
12.78%
11.65%
NOBL
13.33%
0.16%
10.00%
20.15%
9.87%
10.12%
Key characteristics
| VIG | NOBL | |
|---|---|---|
| Sharpe Ratio | 2.57 | 2.00 |
| Sortino Ratio | 3.62 | 2.81 |
| Omega Ratio | 1.47 | 1.35 |
| Calmar Ratio | 5.06 | 3.10 |
| Martin Ratio | 16.59 | 8.98 |
| Ulcer Index | 1.55% | 2.29% |
| Daily Std Dev | 9.99% | 10.26% |
| Max Drawdown | -46.81% | -35.43% |
| Current Drawdown | -1.02% | -1.50% |
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VIG vs. NOBL - Expense Ratio Comparison
VIG has a 0.06% expense ratio, which is lower than NOBL's 0.35% expense ratio.
Correlation
The correlation between VIG and NOBL is 0.93, 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.
Risk-Adjusted Performance
VIG vs. NOBL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Dividend Appreciation ETF (VIG) 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
VIG vs. NOBL - Dividend Comparison
VIG's dividend yield for the trailing twelve months is around 1.70%, less than NOBL's 1.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIG Vanguard Dividend Appreciation ETF | 1.70% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
NOBL ProShares S&P 500 Dividend Aristocrats ETF | 1.99% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% | 1.60% | 0.30% |
Drawdowns
VIG vs. NOBL - Drawdown Comparison
The maximum VIG drawdown since its inception was -46.81%, which is greater than NOBL's maximum drawdown of -35.43%. Use the drawdown chart below to compare losses from any high point for VIG and NOBL. For additional features, visit the drawdowns tool.
Volatility
VIG vs. NOBL - Volatility Comparison
Vanguard Dividend Appreciation ETF (VIG) has a higher volatility of 3.70% compared to ProShares S&P 500 Dividend Aristocrats ETF (NOBL) at 3.11%. This indicates that VIG'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.