ProShares’ NOBL Earns 5-Star Morningstar Rating
Only ETF to Track S&P 500 Dividend Aristocrats
Bethesda, MD – Nov. 17, 2016 – ProShares, a premier provider of ETFs, today announced that its rapidly growing ProShares S&P 500 Dividend Aristocrats ETF (NOBL) earned a 5-Star Morningstar Rating™ the first time it was eligible for a Morningstar rating.
NOBL tracks the S&P 500 Dividend Aristocrats Index, which is composed of the S&P 500 companies with at least 25 years of consecutive dividend growth. Currently, only 50 companies meet the Dividend Aristocrats’ standard. No other ETF or mutual fund tracks the S&P 500 Dividend Aristocrats.
"Since 2005, the S&P 500 Dividend Aristocrats Index has demonstrated outperformance with lower volatility," said Michael L. Sapir, co-founder and CEO of ProShare Advisors, LLC, the advisor to ProShares. "By tracking the Aristocrats, NOBL invests in quality companies that have had stable earnings streams and robust fundamentals."
NOBL added more than $1.3 billion in new assets so far this year, bringing total assets to nearly $2.4 billion¶.
Largest Suite of Dividend Growers ETFs
ProShares offers the largest suite of dividend growers ETFs. Each ETF invests in the companies with the longest track records of dividend growth in a popular U.S. or international index.
ProShares Dividend Growers suite includes:
|ProShares ETF||Ticker||Index||Market Segment||Exchange|
|S&P 500 Dividend Aristocrats||NOBL||S&P 500® Dividend Aristocrats® Index||U.S. large cap||NYSE Arca|
|S&P MidCap 400 Dividend Aristocrats||REGL||S&P MidCap 400® Dividend Aristocrats® Index||U.S. mid cap||Bats|
|Russell 2000 Dividend Growerss||SMDV||Russell 2000® Dividend Growth Index||U.S. small cap||Bats|
|MSCI EAFE Dividend Growers||EFAD||MSCI EAFE Dividend Masters Index||Developed international||NYSE Arca|
|MSCI Europe Dividend Growers||EUDV||MSCI Europe Dividend Masters Index||Developed Europe||NYSE Arca|
|MSCI Emerging Markets Dividend Growers||EMDV||MSCI Emerging Markets Dividend Masters Index||Emerging markets||Bats|
¶ Assets as of Oct. 31, 2016
About Morningstar's Ratings
NOBL earned Morningstar's 5-star rating for its performance during the three-year period ending Oct. 31, 2016. NOBL was rated against 1,384 U.S.-domiciled Large Blend funds.
For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on how well they've performed (after adjusting for risk and accounting for sales charges) in comparison to similar funds. Within each Morningstar category, the top 10% of funds receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. Funds are rated for up to three time periods—three, five, and 10 years—and these ratings are combined to produce an Overall Morningstar Rating.
ProShares helps investors to go beyond the limitations of conventional investing and face today's market challenges. ProShares strives to help investors build better portfolios by providing access to a wide variety of investment exposures and strategies, delivered with the liquidity, transparency and cost effectiveness of ETFs. Our wide array of ETFs can help you reduce volatility, manage risk and enhance returns.
Tucker Hewes, Hewes Communications, Inc., 212.207.9451, email@example.com
ProShares, 866.776.5125, ProShares.com
Nov 17, 2016