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 focusing exclusively on the S&P 500 Dividend Aristocrats—high-quality companies that have not just paid dividends but grown them for at least 25 consecutive years, with most doing so for 40 years or more.††
  • Often household names, NOBL's holdings generally have had stable earnings, solid fundamentals, and strong histories of profit and growth.
  • NOBL strategy has a demonstrated history of weathering market turbulence over time by capturing most of the gains of rising markets and fewer of the losses in falling markets.
  • Learn more about the S&P 500's strongest dividend growers.
  • Download our brochure to see what makes dividend growth appealing to investors.
  • Read our latest Dividend Aristocrats Viewpoint to learn how the tech sector has evolved and what dividend investors should know about today’s well-established technology companies.
  • Watch our video to learn about dividend growth stocks, like the S&P 500 Dividend Aristocrats, and what makes them worth exploring.

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.

Fundamentals as of 6/30/21

Total Number of Companies 65
Price/Earnings Ratio 24.64
Price/Book Ratio 3.85
Dividend Yield (%) 2.32
Average Index Market Capitalization $86.03 billion

Index Holdings Information as of 6/30/21

Top 10 Index Companies Weight
Nucor Corp. 1.88%
Target Corp. 1.79%
Expeditors International of Washington Inc. 1.74%
Exxon Mobil Corp. 1.73%
West Pharmaceutical Services Inc. 1.69%
T. Rowe Price Group Inc. 1.69%
Franklin Resources Inc. 1.66%
Roper Technologies Inc. 1.65%
Cintas Corp. 1.65%
Federal Realty Investment Trust 1.63%

Index Holdings as of 6/30/21

Index Sector Weightings § Weight
Industrials 20.42%
Consumer Staples 19.71%
Materials 12.36%
Financials 11.01%
Health Care 10.49%
Consumer Discretionary 9.31%
Real Estate 4.63%
Utilities 4.26%
Energy 3.30%
Information Technology 3.11%
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§ 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.