NOBL

ProShares S&P 500 Dividend Aristocrats ETF
A

61
  • Overview
  • Efficiency
  • Tradability
  • Fit

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 February 22, 2018 the ProShares S&P 500 Dividend Aristocrats ETF MSCI ESG Fund Quality Score is 5.33 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 78th percentile within its peer group and in the 46th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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NOBL Top 10 Countries

NOBL Top 10 Sectors

NOBL Top 10 Holdings View All

NOBL Summary Data

ProShares
10/09/13
Open-Ended Fund
0.35%
$3.48B
$28.36M
0.03%

NOBL Portfolio Data

$78.61B
24.23
4.09
1.76%
03/21/18
50

NOBL Index Data

Equal
Dividends
MSCI USA Large Cap

Related ETFs to NOBL

DOD, SDOG, DLN, DTN, SPYD
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

NOBL Portfolio Management

0.35%
-0.42%
-0.37%
-0.53%

NOBL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

NOBL Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

NOBL Factset Analytics Block Liquidity

As of 02/23/18
5
4
3
2
1

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 Tradability

439,850
$28.36M
320,626
$21.32M
0.03%
$0.02
0.02%
0.13% / -0.42%
None
100.00%
50,000
6.41
0.01%
0.04%
642
$63.37
5

NOBL Sector/Industry BreakdownView All

NOBLSegment Benchmark
8.95% 28.55%
9.51% 19.80%
12.47% 12.15%
1.53% 10.05%
13.81% 9.90%
16.53% 9.72%
6.28% 3.98%
25.31% 1.90%
2.41% 1.86%

NOBL Geographic Exposure

NOBLSegment Benchmark
100.00% 100.00%

NOBLSegment Benchmark
100.00% 100.00%
0.00% / 0.00% 0.00% / 0.00%

NOBL Performance Statistics

0.77
0.84
0.86
0.88
0.29%
MSCI USA Large Cap

NOBL MSCI ESG Ratings

5.33 / 10
78.11
45.74
5.91%
10.97%
161.75

NOBL BENCHMARK COMPARISON

    NOBL
    50 Holdings
    Segment Benchmark
    300 Constituents
    Shared Holdings
    41 (Count)
     
    17.45% (Weight)
NOBLSegment Benchmark
214.98 B 78.61 B
99.77% 92.36%
0.11% 7.64%
0.00% 0.00%
0.00% 0.00%
1.84% 2.28%