S&P 500 Dividend Aristocrats ETF - NOBL S&P 500 Dividend Aristocrats ETF

ProShares S&P 500® Dividend Aristocrats ETF seeks investment results, before fees and expenses, that track the performance of the S&P 500® Dividend Aristocrats® Index.

  • The only ETF that focuses exclusively on companies in the S&P 500 that have grown dividends for at least 25 consecutive years.††
  • NOBL's index, the S&P 500 Dividend Aristocrats, has outperformed the S&P 500 with lower volatility since its inception.
  • NOBL is part of the largest suite of ETFs focused on dividend growers, covering U.S. and international markets.
  • Learn more about the S&P 500's strongest dividend growers.
  • Watch "Dividend Aristocrats During Peaks and Valleys."

Index/Benchmark Summary

The S&P 500® Dividend Aristocrats® Index, constructed and maintained by S&P Dow Jones Indices LLC, targets companies that are currently members of the S&P 500®, have increased dividend payments each year for at least 25 years, and meet certain market capitalization and liquidity requirements. The index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the index weight. The index is rebalanced each January, April, July and October, with an annual reconstitution during the January rebalance. Visit S&P Dow Jones Indices to learn more about the index methodology.

Fundamentals as of 12/30/16

Total Number of Companies 50
Price/Earnings Ratio 20.25
Price/Book Ratio 3.59
Dividend Yield (%) 2.56
Average Index Market Capitalization $67.85 billion

Index Holdings Information as of 12/30/16

Top 10 Index Companies Weight
Nucor Corp. 2.43%
Automatic Data Processing Inc. (ADP) 2.28%
Chevron Corp. 2.27%
Sysco Corp. 2.25%
AT&T Inc. 2.24%
Franklin Resources Inc. 2.22%
W.W. Grainger Inc. 2.20%
T. Rowe Price Group Inc. 2.19%
Emerson Electric Co. 2.15%
Dover Corp. 2.11%

Index Sector Weightings § Weight
Consumer Staples 25.30%
Industrials 16.42%
Health Care 13.19%
Consumer Discretionary 12.19%
Materials 10.31%
Financials 10.06%
Energy 4.29%
Information Technology 2.28%
Telecommunication Services 2.24%
Utilities 1.96%
Real Estate 1.76%

§ Sum of weightings may not equal 100% due to rounding.

†† Required years would drop to 20 if needed in order to have at least 40 companies or to meet index sector diversification rules. Additional companies are added in order of decreasing yield until requirements are met. Special dividend payments are not taken into consideration. There is no guarantee that dividends will be paid. Companies may reduce or eliminate dividends at any time, and those that do will be dropped from the index at reconstitution each January.

Bloomberg. The total return of the index has been higher than the S&P 500 since the index's inception on May 2, 2005. Past performance is no guarantee of future results.