ATLASProShares S&P 500 Dividend Aristocrats ETF (NOBL): outlook, holdings and fees
ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is an exchange-traded fund and is managed by ProShares. The expense ratio is 0.35% and the yield is 2.13%. The ten largest holdings are 17% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 3, 2026
ATLAS view on NOBL
| Last price | $59.60 (-0.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $58.35 – $61.46 |
| Normal 1-day range (±1σ) | ±0.9% |
| Distribution yield | 2.13% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
NOBL fund facts
| Issuer | ProShares |
|---|---|
| Theme | S&P 500 |
| Assets under management | $11.2B |
| Expense ratio | 0.35% |
| Number of holdings | 50 |
| Portfolio turnover | 22% |
| Inception | Oct 9, 2013 |
| Exchange | CBOE |
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of companies in the S&P 500 Index that have consistently increased dividends each year for at least 25 years. Under normal circumstances, it will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics.
NOBL top holdings
| Holding | Sector | Weight |
|---|---|---|
| Becton Dickinson and Company BDX | Healthcare | 1.69% |
| FactSet Research Systems Inc FDS | Financial Services | 1.80% |
| Emerson Electric Company EMR | Industrials | 1.63% |
| Target Corporation TGT | Consumer Defensive | 1.67% |
| Nordson Corporation NDSN | Industrials | 1.65% |
| Fastenal Company FAST | Industrials | 1.60% |
| Automatic Data Processing Inc ADP | Technology | 1.60% |
| International Business Machines IBM | Technology | 1.63% |
| Chevron Corp CVX | Energy | 1.65% |
| Expeditors International of Washington, Inc. EXPD | Industrials | 1.68% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
NOBL sector breakdown
| Sector | Weight |
|---|---|
| Consumer Defensive | 22.6% |
| Industrials | 20.5% |
| Financial Services | 13.4% |
| Healthcare | 11.2% |
| Basic Materials | 9.9% |
| Consumer Cyclicals | 5.4% |
| Utilities | 5.1% |
| Technology | 5.0% |
| Real Estate | 3.7% |
| Energy | 3.3% |
By region: North America 96.9%, Europe Developed 1.6%, United Kingdom 1.6%.
NOBL returns and risk
| Year to date | +7.8% |
|---|---|
| 1 year | +9.4% |
| 3 years (annualised) | +10.4% |
| 5 years (annualised) | +6.3% |
| 10 years (annualised) | +10.1% |
| Volatility (3 years) | 13.0% |
| Sharpe ratio (3 years) | 0.39 |
Past returns do not guarantee future results.
NOBL: frequently asked questions
What does NOBL invest in?
ProShares S&P 500 Dividend Aristocrats ETF invests in a portfolio of securities. Its largest holdings are Becton Dickinson and Company (1.7%), FactSet Research Systems Inc (1.8%), Emerson Electric Company (1.6%), Target Corporation (1.7%), Nordson Corporation (1.7%).
What is the NOBL expense ratio?
0.35% a year: about $35.00 for every $10,000 invested.
What is the NOBL dividend yield?
2.13%. ATLAS does not hold the exact distribution dates for ETFs.
Will NOBL go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $58.35 to $61.46 from $59.60 today. It is a probability, not a prediction.
How has NOBL performed?
Year to date +7.8%, one year +9.4%, three years +10.4% a year, five years +6.3% a year. Past returns do not guarantee future results.
Similar ETFs: S&P 500
Educational information, not investment advice. Disclaimer