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ETF comparison

NOBL vs SPHD

Both Dividend.

ProShares S&P 500 Dividend Aristocrats ETF · Invesco S&P 500 High Dividend Low Volatility ETF

Holdings overlap

Weighted by ISIN/CUSIP
16.0 %

12 positions appear in both funds. Buying equal dollars of NOBL and SPHD would leave roughly 16.0% of each dollar exposed to the same underlying securities.

NOBL unmatched 83.9% Shared 16.0% SPHD unmatched 83.6%

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
58 positions
Shared
12 positions
In SPHD only
38 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%
SPHD

Invesco S&P 500 High Dividend Low Volatility ETF

Invesco · Dividend

73 composite / 100
Expense ratio
0.30%
Net assets
$3.17B
TTM yield
4.83%
Top-10 conc.
29.1%

Sub-score comparison

65
Cost
70
76
Tax efficiency
71
100
Liquidity
78
91
Concentration
73
—
Tracking quality
—
NOBL sub-score SPHD

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

Cost difference

SPHD is 5 bps cheaper than NOBL. On a $100,000 position that's about $50/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 SPHD.

Top shared holdings

12 shared in total
# Holding In NOBL In SPHD Overlap
1 Franklin Resources, Inc. 1.67% 2.80% 1.67%
2 Hormel Foods Corp. 1.60% 1.98% 1.60%
3 T. Rowe Price Group, Inc. 1.55% 2.08% 1.55%
4 Eversource Energy 1.50% 1.82% 1.50%
5 Kimberly-Clark Corp. 1.48% 2.08% 1.48%
6 Chevron Corp. 1.44% 2.09% 1.44%
7 Exxon Mobil Corp. 1.44% 1.54% 1.44%
8 Realty Income Corp. 1.40% 2.42% 1.40%
9 Amcor plc 1.38% 2.40% 1.38%
10 Clorox Co. (The) 1.32% 1.69% 1.32%
11 Genuine Parts Co. 1.26% 1.03% 1.03%
12 INVESCO GOVT AND AGCY LEX 0.26% 0.24% 0.24%

Only in NOBL

58 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%
  • JM Smucker Co. (The) 1.58%
  • Essex Property Trust, Inc. 1.58%
  • Federal Realty Investment Trust 1.58%

Only in SPHD

38 total
  • Verizon Communications Inc. 3.47%
  • Altria Group, Inc. 3.43%
  • Healthpeak Properties, Inc. 3.22%
  • Kraft Heinz Co. (The) 3.01%
  • Pfizer Inc. 2.98%
  • VICI Properties Inc. 2.66%
  • ONEOK, Inc. 2.64%
  • Kimco Realty Corp. 2.44%
  • Crown Castle Inc. 2.39%
  • Conagra Brands, Inc. 2.31%

Percentages are holdings overlap with the named fund.

Open NOBL or SPHD 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.