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.

  • Learn more about the S&P 500's strongest dividend growers.
  • Read "ProShares Dividend Growers ETFs: The Indexes You Know. Curated."
  • Read "Isolate the Strongest Dividend Growers for Potential Outperformance."

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 12/31/14

Total Number of Companies 53
Price/Earnings Ratio 20.18
Price/Cash Ratio 13.26
Price/Book Ratio 3.56
Dividend Yield (%) 2.23
Average Index Market Capitalization $64.39 billion

Index Holdings Information as of 12/31/14

Top 10 Index Companies Weight
Lowe's Cos. Inc. 2.20%
Leggett & Platt Inc. 2.16%
PPG Industries Inc. 2.16%
Target Corp. 2.15%
The Sherwin-Williams Co. 2.12%
3M Co. 2.11%
Genuine Parts Co. 2.10%
Walgreens Boots Alliance Inc. 2.08%
AbbVie Inc. 2.05%
Air Products & Chemicals Inc. 2.02%

Index Sector Weightings § Weight
Consumer, Non-Cyclical 39.00%
Consumer, Cyclical 19.90%
Basic Materials 11.42%
Industrial 11.35%
Financial 11.30%
Energy 3.43%
Utilities 1.92%
Communications 1.69%

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