NOBLProShares S&P 500 Dividend Aristocrats ETF
NOBL Fund Description
The ProShares S&P 500 Dividend Aristocrats ETF tracks an equal-weighted index of S&P 500 constituents that have increased dividend payments annually for at least 25 years.
NOBL Factset Analytics Insight
NOBL only selects companies from the S&P 500 that have increased their dividends for at least 25 consecutive years, then it equal-weights those holdings. This causes it to overweight traditional dividend-paying sectors. It doesn't Fit our neutral cap-weighted benchmark well, but with its methodology and a far smaller pool of holdings, it's not trying to. It's methodology substantially limits NOBL's selection universe, and the fund has a pronounced mid-cap tilt. Still, it's worth noting that it may be less sensitive to market movements than our benchmark. These factors have not diminished the fund's popularity, where its daily activity and narrow spreads make it an extremely tradable option. Its liquid underlying S&P 500 stock assets make for cheap and easy creation for those looking to trade in size. NOBL's Efficiency might suffer slightly due to a slightly higher expense ratio than some large-cap ETFs, but it looks better when you consider the amount of portfolio rebalancing that NOBL's equal-weighted structure requires.
NOBL MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 18, 2018 the ProShares S&P 500 Dividend Aristocrats ETF MSCI ESG Fund Quality Score is 5.30 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. NOBL ranks in the 71st percentile within its peer group and in the 45th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
NOBL CHARTS AND PERFORMANCE
NOBL Top 10 Countries
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NOBL Summary Data
NOBL Portfolio Data
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NOBL Portfolio Management
NOBL Tax Exposures
NOBL Fund Structure
NOBL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NOBL. NOBL is rated a 5 out of 5.
NOBL Sector/Industry Breakdown
NOBL TOP 10 HOLDINGS[View All]
NOBL Economic Development
NOBL Performance Statistics
NOBL MSCI ESG Ratings
NOBL BENCHMARK COMPARISON SUMMARY
NOBL BENCHMARK COMPARISON MARKET CAP SIZE