Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IYR vs NOBL: how they differ
IYR and NOBL hold 4% of their weight in the same names, and NOBL returned more over the year.
iShares U.S. Real Estate ETF and ProShares S&P 500 Dividend Aristocrats ETF.
What they hold in common
By the books each fund has filed, IYR and NOBL hold 4% of their money in the same securities at the same weight.
| Holding | IYR | NOBL |
|---|---|---|
| REALTY INCOME CORPORATION | 4.29% | 1.41% |
| ESSEX PROPERTY TRUST, INC. | 1.39% | 1.58% |
| FEDERAL REALTY INVESTMENT TRUST | 0.72% | 1.58% |
| Only in IYR | Only in NOBL |
|---|---|
| WELLTOWER INC. 10.88% | Nucor Corp. 1.77% |
| PROLOGIS, INC. 8.77% | West Pharmaceutical Services, Inc. 1.73% |
| SIMON PROPERTY GROUP, INC. 4.79% | International Business Machines Corp. 1.71% |
| EQUINIX, INC. 4.58% | Archer-Daniels-Midland Co. 1.68% |
| DIGITAL REALTY TRUST, INC. 4.41% | Franklin Resources, Inc. 1.67% |
| AMERICAN TOWER CORPORATION 3.88% | Colgate-Palmolive Co. 1.62% |
| PUBLIC STORAGE. 3.74% | Caterpillar, Inc. 1.61% |
| VENTAS, INC. 3.21% | Automatic Data Processing, Inc. 1.61% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| IYR iShares U.S. Real Estate ETF | NOBL ProShares S&P 500 Dividend Aristocrats ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | ProShares |
| What it is | U.S. Real Estate | S&P 500 Dividend Aristocrats |
| Total return, 1 year | +4.7% | +9.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −12.8 pts | −8.1 pts |
| Expense ratio | 0.37% | 0.35% |
| Already in the S&P 500 | 80.4% | 100.0% |
| Holdings | 61 | 69 |
IYR in plain words
IYR is an index equity fund tracking the U.S. Real Estate. Over the year to Sep 11, 2026 it returned +4.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Jun 30, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 61 positions, with the top ten at 51.5%. It sat 6.1% below its high of Jul 28, 2026 on Sep 11, 2026.
NOBL in plain words
NOBL is an index equity fund tracking the S&P 500 Dividend Aristocrats. Over the year to Sep 11, 2026 it returned +9.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for May 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 69 positions, with the top ten at 16.6%. It sat 4.8% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IYR or NOBL?
- In the year to Sep 12, 2026, with distributions reinvested, IYR returned +4.7% and NOBL returned +9.4%, so NOBL returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IYR or NOBL?
- IYR charges 0.37% a year and NOBL charges 0.35%, so NOBL is cheaper. Fees come from each fund's prospectus.
- How much do IYR and NOBL overlap with the S&P 500?
- By their latest filed holdings, 80% of IYR and 100% of NOBL by weight is stocks the S&P 500 already holds. Between the two funds, 4% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IYR against NOBL, data as of Sep 12, 2026. https://etfiq.com/compare/any/IYR-NOBL Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources