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ETF comparison

NOBL vs PEY

Both Dividend.

ProShares S&P 500 Dividend Aristocrats ETF · Invesco High Yield Equity Dividend Achievers ETF

Holdings overlap

Weighted by ISIN/CUSIP
15.1 %

10 positions appear in both funds. Buying equal dollars of NOBL and PEY would leave roughly 15.1% of each dollar exposed to the same underlying securities.

NOBL unmatched 84.9% Shared 15.1% PEY unmatched 84.8%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In NOBL only
60 positions
Shared
10 positions
In PEY only
40 positions

Side by side

NOBL

ProShares S&P 500 Dividend Aristocrats ETF

ProShares · Dividend

80 composite / 100
Expense ratio
0.35%
Net assets
$10.95B
TTM yield
2.01%
Top-10 conc.
16.5%
PEY

Invesco High Yield Equity Dividend Achievers ETF

Invesco · Dividend

52 composite / 100
Expense ratio
0.68%
Net assets
$1.07B
TTM yield
4.34%
Top-10 conc.
29.3%

Sub-score comparison

65
Cost
32
76
Tax efficiency
72
100
Liquidity
58
91
Concentration
72
—
Tracking quality
—
NOBL sub-score PEY

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

NOBL is 33 bps cheaper than PEY. On a $100,000 position that's about $330/yr more in fees for PEY.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with NOBL vs PEY.

Top shared holdings

10 shared in total
# Holding In NOBL In PEY Overlap
1 Franklin Resources, Inc. 1.67% 1.74% 1.67%
2 Hormel Foods Corp. 1.60% 2.05% 1.60%
3 JM Smucker Co. (The) 1.58% 1.87% 1.58%
4 T. Rowe Price Group, Inc. 1.55% 1.99% 1.55%
5 Stanley Black & Decker, Inc. 1.53% 1.89% 1.53%
6 Eversource Energy 1.50% 1.80% 1.50%
7 Kimberly-Clark Corp. 1.48% 2.21% 1.48%
8 Chevron Corp. 1.44% 1.57% 1.44%
9 Target Corp. 1.41% 1.55% 1.41%
10 Clorox Co. (The) 1.32% 2.22% 1.32%

Only in NOBL

60 total
  • Nucor Corp. 1.76%
  • West Pharmaceutical Services, Inc. 1.72%
  • International Business Machines Corp. 1.71%
  • Archer-Daniels-Midland Co. 1.67%
  • Colgate-Palmolive Co. 1.61%
  • Caterpillar, Inc. 1.60%
  • Automatic Data Processing, Inc. 1.60%
  • Essex Property Trust, Inc. 1.58%
  • Federal Realty Investment Trust 1.58%
  • General Dynamics Corp. 1.56%

Only in PEY

40 total
  • Robert Half Inc. 3.91%
  • Insperity, Inc. 3.89%
  • Flowers Foods, Inc. 3.44%
  • Perrigo Co. PLC 3.42%
  • LyondellBasell Industries N.V. 2.55%
  • Prudential Financial, Inc. 2.52%
  • Universal Corp. 2.44%
  • Main Street Capital Corp. 2.43%
  • Pfizer Inc. 2.39%
  • United Parcel Service, Inc. 2.28%

Percentages are holdings overlap with the named fund.

Open NOBL or PEY at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.