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.
Key characteristics
| VIG | NOBL | |
|---|---|---|
| YTD Return | 4.28% | 2.94% |
| 1Y Return | 17.23% | 9.26% |
| 3Y Return (Ann) | 6.70% | 4.26% |
| 5Y Return (Ann) | 11.39% | 9.57% |
| 10Y Return (Ann) | 11.11% | 10.47% |
| Sharpe Ratio | 1.66 | 0.78 |
| Daily Std Dev | 9.83% | 10.91% |
| Max Drawdown | -46.81% | -35.43% |
| Current Drawdown | -3.30% | -3.74% |
Correlation
The correlation between VIG and NOBL is 0.94, 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
VIG vs. NOBL - Performance Comparison
In the year-to-date period, VIG achieves a 4.28% return, which is significantly higher than NOBL's 2.94% return. Over the past 10 years, VIG has outperformed NOBL with an annualized return of 11.11%, while NOBL has yielded a comparatively lower 10.47% annualized 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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VIG vs. NOBL - Expense Ratio Comparison
VIG has a 0.06% expense ratio, which is lower than NOBL's 0.35% expense ratio.
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 1.82%, less than NOBL's 2.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VIG Vanguard Dividend Appreciation ETF | 1.82% | 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 | 2.08% | 2.09% | 1.94% | 1.89% | 2.14% | 1.89% | 2.37% | 1.74% | 2.13% | 2.02% | 1.59% | 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) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL) have volatilities of 2.98% and 2.84%, 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.