NOBL vs SNPD: Grades, Fees and Holdings Compared

ProShares S&P 500 Dividend Aristocrats ETF

NOBLACboe

Xtrackers S&P Dividend Aristocrats Screened ETF

SNPDCCboe

Overlap

47.4%by weight

Expense ratio

SNPD −0.20pt a year

NOBL0.35%SNPD0.15%

Avg volume · 30D

NOBL 1081.8×the volume

NOBL1.08MSNPD998

3Y return · a year

SNPD +0.3pt

NOBL+13.9%SNPD+14.2%

NOBL vs SNPD Performance

Oct 31, 2025 – Oct 30, 2026

+19.0%NOBL+21.0%SNPD

Expense ratio: NOBL 0.35%; SNPD 0.15%, better
Fund size: NOBL $11.9B; SNPD $4M
1Y total return: NOBL +19.0%; SNPD +21.0%, better
Yield (12M): NOBL 1.98%; SNPD 3.13%, better
Holdings: NOBL 69; SNPD 107
Avg volume (30D): NOBL 1.08M sh, better; SNPD 998 sh
NAV per share: NOBL $59.15; SNPD $30.87
52W range

ETF.net Grade

Pillar letters and Scores for NOBL, SNPD, with each pillar’s weight
Pillar	NOBL	SNPD
Cost30% weight	B65	A86Higher
Mission25% weight	A88	A95Higher
Risk15% weight	C41	C52Higher
Tradability15% weight	A87Higher	D26
Holdings10% weight	B67Higher	C53
Durability5% weight	B69Higher	F10

Rank among Dividend Aristocrats funds

How we build Categories ›

Same Category. NOBL and SNPD are both graded against the same 7 Dividend Aristocrats funds, so their Grades compare head to head.

Dividend Aristocrats⁠

Category · 7 funds

See all 7 ›

NOBL ranks 2nd and SNPD 6th of 7 funds in the Dividend Aristocrats Category.

Rank 1ASDYState Street SPDR S&P Dividend ETFScore 75
Rank 2ANOBLProShares S&P 500 Dividend Aristocrats ETFScore 70
Rank 3BREGLProShares S&P MidCap 400 Dividend Aristocrats ETFScore 57
Rank 5CKNGZFirst Trust S&P 500 Diversified Dividend Aristocrats ETFScore 41
Rank 6CSNPDXtrackers S&P Dividend Aristocrats Screened ETFScore 40
Rank 7DFIDFirst Trust S&P International Dividend Aristocrats ETFScore 36

Our read on each fund

ETF.net Research

NOBLAProShares S&P 500 Dividend Aristocrats ETF

SNPDCXtrackers S&P Dividend Aristocrats Screened ETF

In short

NOBL Dividend investing without the yield chase. NOBL holds roughly 70 S&P 500 companies picked for their records as dividend growers, not for the fattest payout on the screen. A purist's take on the theme, running since 2013.

SNPD Dividend aristocrats, filtered. SNPD holds S&P Composite 1500 companies that have raised their dividend 20 years running, minus the names that fail the index's ESG screens, for 0.15% a year.

Stated mandate

NOBL The fund seeks to track, before fees and expenses, the S&P 500 Dividend Aristocrats Index.

SNPD The fund seeks investment results that generally track the performance of its underlying index before fees and expenses.

Why people hold it

NOBL The screen is the product: a slice of about 70 names pulled from the S&P 500 on dividend-growth credentials, not headline yield.
At 0.35% a year, it sits below the typical fee in its dividend-growth peer group and matches SDY, the other big S&P dividend index fund.
A multi-billion-dollar fund that trades actively, and it has tracked its index tightly. One of the stronger builds in its niche.

SNPD 0.15% a year, well under the roughly 0.40% median for funds built on aristocrat indexes. A cheap wrapper on a very well-worn idea.
High entry bar: 20 straight years of dividend increases inside the S&P Composite 1500, then the index's screens. Roughly 110 stocks, distributions paid quarterly.dws.com
Rules run the portfolio, not a manager. S&P sets the list, Xtrackers buys it, and the fund has tracked that index closely.

Worth knowing

NOBL Mid-priced, not cheap. Broad sector-neutral dividend index funds such as SPDG charge a fraction of NOBL's 0.35%.
Roughly 70 stocks means real single-name and sector concentration next to the full S&P 500, and it is all-equity, so market drawdowns come through.
Cash lands quarterly, not monthly, and the mandate rewards payout consistency rather than the biggest current yield.

SNPD One of the smaller, thinner-traded funds in its peer group. Spreads can be wider than at household-name rivals like SDY or NOBL, and small funds can be closed.
The screens remove some qualifying aristocrats, so the holdings and results diverge from unscreened versions of the same dividend-growth list.dws.com
Launched in 2022 under an ESG name. S&P renamed the index in 2025 and the fund followed, with no change to the index methodology or the fund's policies.dws.com

Full NOBL profile⁠

Full SNPD profile⁠

NOBL vs SNPD Holdings

How NOBL and SNPD differ

Overlap by weight

47.4%

Shared holdings make up 73.0% of NOBL and 52.8% of SNPD.

Level by level

Holdings50 in both47.4%
Sector11 Sectors81.4%
Countryby domicile99.1%
Asset classEquity100%

Sector

Sector weights in NOBL and SNPD, widest gap first
Sector	More in NOBLMore in SNPD	NOBL	SNPD
Utilities	SNPD +8.0 points	5.4%	13.4%
Health Care	NOBL +5.1 points	11.0%	5.9%
Financials	NOBL +4.8 points	13.2%	8.4%
Consumer Staples	NOBL +3.8 points	22.7%	18.9%
Consumer Discretionary	SNPD +3.6 points	5.6%	9.2%
Materials	NOBL +3.2 points	10.0%	6.8%
Communication	SNPD +2.9 points	0.0%	2.9%
Real Estate	SNPD +2.3 points	3.8%	6.1%
Industrials	NOBL +1.6 points	19.9%	18.3%
Technology	SNPD +1.5 points	5.2%	6.7%
Energy	Same weight	3.3%	3.3%

Country, concentration and asset class

Country by domicile

Country weights in NOBL and SNPD, widest gap first
Country	More in NOBLMore in SNPD	NOBL	SNPD
Switzerland	NOBL +1.0 points	1.5%	0.5%
United Kingdom	SNPD +0.9 points	1.5%	2.4%
United States	Same weight	97.0%	97.0%

Concentration

Weight in the 10 largest Holdings

NOBL16.6%
SNPD24.5%

Securities held

NOBL68
SNPD106

Asset class

NOBL: Equity
SNPD: Equity

Holdings

Only in NOBL18
In both50
Only in SNPD56

Only in NOBL

18 securities, 26.5% of NOBL by weight

Pentair PLC1.77%
General Dynamics Corp1.52%
Erie Indemnity Company-Cl A1.51%
Johnson & Johnson1.49%
Smith (A.o.) Corp1.49%
Mcdonald's Corp1.48%
Cincinnati Financial Corp1.47%
Chevron Corp1.46%
Medtronic PLC1.46%
Atmos Energy Corp1.45%
Linde PLC1.45%
Chubb Ltd1.44%
Intl Business Machines Corp1.44%
Brown-Forman Corp-Class B1.43%
Becton Dickinson and Co1.43%
Expeditors Intl Wash Inc1.42%
Brown & Brown Inc1.39%
Genuine Parts Co1.36%

Only in SNPD

56 securities, 47.1% of SNPD by weight

Robert Half International Inc3.69%
Verizon Communications Inc3.03%
Best Buy Co Inc2.83%
Edison International2.15%
Sonoco Products Co1.73%
Spire Inc1.53%
Texas Instruments Inc1.53%
Essential Utilities Inc1.47%
ONE Gas Inc1.24%
Avista Corp1.17%
Polaris Industries Inc1.15%
Equity LifeStyle Properties Inc1.10%
Medtronic plc1.08%
ABM Industries Inc1.02%
Hanover Insurance Group Inc1.01%
National Fuel Gas Co1.00%
American States Water Co1.00%
Ryder System Inc0.89%
California Water Service Group0.89%
Toro Co0.85%
Westlake Chemical Corp0.83%
Microchip Technology Inc0.83%
Accenture Ltd-Cl A0.82%
Becton Dickinson & Co0.75%
QUALCOMM Inc0.75%
CSX Corp0.69%
RPM International Inc0.63%
NIKE Inc-CL B0.62%
Analog Devices Inc0.62%
Aptargroup Inc0.62%
Assurant Inc0.62%
2226792D0.60%
Waste Management Inc0.58%
Chubb Ltd Npv0.53%
Republic Services Inc0.51%
Carlisle Cos Inc0.49%
Lincoln Electric Holdings Inc0.49%
HB Fuller Co0.46%
Ameriprise Financial Inc0.45%
MSA Safety Inc0.44%
Cummins Inc0.41%
Jack Henry & Associates Inc0.40%
Donaldson Co Inc0.38%
Badger Meter Inc0.37%
Franklin Electric Co Inc0.35%
STERIS Plc0.31%
JB Hunt Transport Services Inc0.29%
Microsoft Corp0.28%
Texas Pacific Land Corp0.28%
Royal Gold Inc0.25%

Weight gaps

All 50 Holdings in both funds, largest gap first.

Holding weights in NOBL and SNPD, widest gap first
Holding	More in NOBLMore in SNPD	NOBL	SNPD
Roper Technologies IncROP	NOBL +1.32 points	1.65%	0.33%
West Pharmaceutical ServicesWST	NOBL +1.31 points	1.48%	0.17%
S&P Global IncSPGI	NOBL +1.25 points	1.48%	0.23%
Albemarle CorpALB	NOBL +1.18 points	1.36%	0.18%
Walmart IncWMT	NOBL +1.17 points	1.48%	0.31%
Dover CorpDOV	NOBL +1.10 points	1.46%	0.36%
Sherwin-Williams Co/TheSHW	NOBL +1.08 points	1.39%	0.31%
Ecolab IncECL	NOBL +1.05 points	1.48%	0.43%
Cintas CorpCTAS	NOBL +1.04 points	1.41%	0.37%
Ww Grainger IncGWW	NOBL +1.02 points	1.42%	0.40%
Lowe's Cos IncLOW	NOBL +0.99 points	1.50%	0.51%
Amcor PLCAMCR	SNPD +0.97 points	1.47%	2.44%
Cardinal Health IncCAH	NOBL +0.92 points	1.37%	0.45%
C.h. Robinson Worldwide IncCHRW	NOBL +0.89 points	1.25%	0.36%
Factset Research Systems IncFDS	NOBL +0.88 points	1.45%	0.57%
Caterpillar IncCAT	NOBL +0.86 points	1.18%	0.32%
Church & Dwight Co IncCHD	NOBL +0.85 points	1.44%	0.59%
Nucor CorpNUE	NOBL +0.85 points	1.46%	0.61%
Emerson Electric CoEMR	NOBL +0.82 points	1.42%	0.60%
Nordson CorpNDSN	NOBL +0.82 points	1.37%	0.55%
Target CorpTGT	SNPD +0.81 points	1.43%	2.24%
Abbott LaboratoriesABT	NOBL +0.78 points	1.49%	0.71%
Mccormick & Co-Non Vtg ShrsMKC	NOBL +0.74 points	1.44%	0.70%
Franklin Templeton IncBEN	SNPD +0.73 points	1.41%	2.14%
Kimberly-Clark CorpKMB	NOBL +0.65 points	2.59%	1.94%
Jm Smucker Co/TheSJM	SNPD +0.64 points	1.43%	2.07%
Aflac IncAFL	NOBL +0.58 points	1.45%	0.87%
Ppg Industries IncPPG	NOBL +0.50 points	1.53%	1.03%
Exxonmobil Holdings CorpXOM	SNPD +0.50 points	1.48%	1.98%
Nextera Energy IncNEE	NOBL +0.47 points	1.51%	1.04%
Fastenal CoFAST	NOBL +0.45 points	1.39%	0.94%
Illinois Tool WorksITW	NOBL +0.45 points	1.42%	0.97%
Realty Income CorpO	SNPD +0.38 points	1.45%	1.83%
Colgate-Palmolive CoCL	NOBL +0.33 points	1.44%	1.11%
Sysco CorpSYY	NOBL +0.33 points	1.42%	1.09%
Stanley Black & Decker IncSWK	SNPD +0.33 points	1.53%	1.86%
Automatic Data ProcessingADP	NOBL +0.32 points	1.41%	1.09%
Procter & Gamble Co/ThePG	NOBL +0.25 points	1.45%	1.20%
Air Products & Chemicals IncAPD	NOBL +0.23 points	1.47%	1.24%
Federal Realty Invs TrustFRT	SNPD +0.19 points	1.47%	1.66%
Hormel Foods CorpHRL	SNPD +0.18 points	1.47%	1.65%
T Rowe Price Group IncTROW	SNPD +0.18 points	1.42%	1.60%
Archer-Daniels-Midland CoADM	SNPD +0.16 points	1.36%	1.52%
Eversource EnergyES	SNPD +0.13 points	1.47%	1.60%
AbbVie IncABBV	SNPD +0.12 points	1.46%	1.58%
Pepsico IncPEP	NOBL +0.10 points	1.44%	1.34%
Essex Property Trust IncESS	SNPD +0.04 points	1.36%	1.40%
Coca-Cola Co/TheKO	NOBL +0.04 points	1.43%	1.39%
Consolidated Edison IncED	NOBL +0.02 points	1.47%	1.45%
Clorox CompanyCLX	SNPD +0.01 points	1.46%	1.47%

All 71 NOBL holdings⁠All 106 SNPD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

NOBL vs SNPD Cost

Overpaying NOBL vs SNPD

$3,989

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

NOBL 0.35%
$7,126
SNPD 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

NOBL 0.35%
SNPD 0.15%
Overpaying

Year by year

Year	NOBL	SNPD	Overpaying
10	$634	$274	$360
20	$2,454	$1,071	$1,383
30	$7,126	$3,137	$3,989

Expense ratio

0.35%NOBL
0.15%SNPD, cheaper

SNPD0.15%NOBL0.35%

0.15%0.60%

Middle half of Dividend Aristocrats funds
Median 0.40%

SNPD cheapest of 7 funds

NOBL 2nd cheapest of 7 funds

NOBL vs SNPD Dividends

Last 12 months to Oct 30, 2026

Yield (12M): NOBL 1.98%; SNPD 3.13%, better
Payout (12M): NOBL $1.17; SNPD $0.96
Last payment: NOBL $0.28; SNPD $0.20
Ex-dividend: NOBL Sep 23, 2026; SNPD Sep 18, 2026
Paid on: NOBL Sep 29, 2026; SNPD Sep 25, 2026
Frequency: NOBL Quarterly; SNPD Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

NOBLQuarterly · 39 paymentsAll NOBL payments⁠

SNPDQuarterly · 16 paymentsAll SNPD payments⁠

NOBL vs SNPD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: NOBL 13.5%SNPD 13.0%, better
Return per unit of riskSharpe ratio, 3 years: NOBL 0.70SNPD 0.74, better
Worst fallMax drawdown, 5 years: NOBL −17.9%SNPD −15.8%since Nov 2022
Market sensitivityBeta, 5 years: NOBL 0.64SNPD 0.65; Market = 1

NOBL and SNPD in the news

All news⁠

Category Review
Index option income was not one bet this year
Updated Oct 5, 2026NOBL
First-Year Review
Liberty One's Spectrum ETF returned 6.4%, 8.9 percentage points behind an S&P 500 fund
Oct 1, 2026NOBL

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NOBL vs SNPD

In short

Stated mandate

Why people hold it

Worth knowing

How NOBL and SNPD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in NOBL

Only in SNPD

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Index option income was not one bet this year

Liberty One's Spectrum ETF returned 6.4%, 8.9 percentage points behind an S&P 500 fund

How NOBL and SNPD differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in NOBL

Only in SNPD

Weight gaps