Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
NOBL vs QQQ: how they differ
NOBL and QQQ hold 3% of their weight in the same names, and QQQ returned more over the year.
ProShares S&P 500 Dividend Aristocrats ETF and Invesco QQQ Trust.
What they hold in common
By the books each fund has filed, NOBL and QQQ hold 3% of their money in the same securities at the same weight.
| Holding | NOBL | QQQ |
|---|---|---|
| Walmart, Inc. | 1.31% | 2.48% |
| PepsiCo, Inc. | 1.37% | 0.87% |
| Automatic Data Processing, Inc. | 1.61% | 0.39% |
| Cintas Corp. | 1.43% | 0.30% |
| Fastenal Co. | 1.42% | 0.22% |
| Roper Technologies, Inc. | 1.32% | 0.15% |
| Only in NOBL | Only in QQQ |
|---|---|
| Nucor Corp. 1.77% | NVIDIA Corp. 8.16% |
| West Pharmaceutical Services, Inc. 1.73% | Apple Inc. 7.29% |
| International Business Machines Corp. 1.71% | Microsoft Corp. 5.32% |
| Archer-Daniels-Midland Co. 1.68% | Micron Technology, Inc. 4.80% |
| Franklin Resources, Inc. 1.67% | Amazon.com, Inc. 4.62% |
| Colgate-Palmolive Co. 1.62% | Advanced Micro Devices, Inc. 3.70% |
| Caterpillar, Inc. 1.61% | Alphabet Inc. 3.52% |
| Hormel Foods Corp. 1.61% | Tesla, Inc. 3.46% |
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 May 31, 2026.
| NOBL ProShares S&P 500 Dividend Aristocrats ETF | QQQ Invesco QQQ Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | ProShares | Invesco |
| What it is | S&P 500 Dividend Aristocrats | Nasdaq-100, book from QQQM |
| Total return, 1 year | +9.4% | +23.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.1 pts | +5.5 pts |
| Expense ratio | 0.35% | 0.18% |
| Already in the S&P 500 | 100.0% | 96.7% |
| Holdings | 69 | 101 |
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.
QQQ in plain words
QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, NOBL or QQQ?
- In the year to Sep 12, 2026, with distributions reinvested, NOBL returned +9.4% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, NOBL or QQQ?
- NOBL charges 0.35% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
- How much do NOBL and QQQ overlap with the S&P 500?
- By their latest filed holdings, 100% of NOBL and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 3% 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, NOBL against QQQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/NOBL-QQQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources