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ETF comparison

NOBL vs QQQ

Dividend vs US Large Cap Growth.

ProShares S&P 500 Dividend Aristocrats ETF · Invesco QQQ Trust

Holdings overlap

Weighted by ISIN/CUSIP
4.2 %

7 positions appear in both funds. Buying equal dollars of NOBL and QQQ would leave roughly 4.2% of each dollar exposed to the same underlying securities.

NOBL unmatched 95.7% Shared 4.2% QQQ unmatched 95.7%

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
63 positions
Shared
7 positions
In QQQ only
95 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%
QQQ

Invesco QQQ Trust

Invesco · US Large Cap Growth

83 composite / 100
Expense ratio
0.18%
Net assets
$498.95B
TTM yield
0.44%
Top-10 conc.
45.0%

Sub-score comparison

65
Cost
82
76
Tax efficiency
90
100
Liquidity
100
91
Concentration
50
—
Tracking quality
—
NOBL sub-score QQQ

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

Cost difference

QQQ is 17 bps cheaper than NOBL. On a $100,000 position that's about $170/yr more in fees for NOBL.

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 QQQ.

Top shared holdings

7 shared in total
# Holding In NOBL In QQQ Overlap
1 Walmart, Inc. 1.31% 2.39% 1.31%
2 Linde plc 1.47% 1.04% 1.04%
3 PepsiCo, Inc. 1.36% 0.80% 0.80%
4 Automatic Data Processing, Inc. 1.60% 0.39% 0.39%
5 Cintas Corp. 1.42% 0.29% 0.29%
6 Fastenal Co. 1.42% 0.24% 0.24%
7 Roper Technologies, Inc. 1.31% 0.15% 0.15%

Only in NOBL

63 total
  • Nucor Corp. 1.76%
  • West Pharmaceutical Services, Inc. 1.72%
  • International Business Machines Corp. 1.71%
  • Archer-Daniels-Midland Co. 1.67%
  • Franklin Resources, Inc. 1.67%
  • Colgate-Palmolive Co. 1.61%
  • Caterpillar, Inc. 1.60%
  • Hormel Foods Corp. 1.60%
  • JM Smucker Co. (The) 1.58%
  • Essex Property Trust, Inc. 1.58%

Only in QQQ

95 total
  • NVIDIA Corp. 7.60%
  • Apple Inc. 6.67%
  • Micron Technology, Inc. 5.64%
  • Microsoft Corp. 4.35%
  • Advanced Micro Devices, Inc. 4.10%
  • Amazon.com, Inc. 4.02%
  • Tesla, Inc. 3.30%
  • Alphabet Inc. 3.27%
  • Intel Corp. 3.04%
  • Alphabet Inc. 3.02%

Percentages are holdings overlap with the named fund.

Open NOBL or QQQ 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.