Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
NOBL vs SCHD: how they differ
NOBL and SCHD hold 15% of their weight in the same names, and SCHD returned more over the year.
ProShares S&P 500 Dividend Aristocrats ETF and Schwab U.S. Dividend Equity ETF.
What they hold in common
By the books each fund has filed, NOBL and SCHD hold 15% of their money in the same securities at the same weight.
| Holding | NOBL | SCHD |
|---|---|---|
| Automatic Data Processing, Inc. | 1.61% | 2.25% |
| Coca-Cola Co. (The) | 1.55% | 3.96% |
| Procter & Gamble Co. (The) | 1.48% | 3.55% |
| Chevron Corp. | 1.44% | 3.84% |
| Target Corp. | 1.41% | 1.45% |
| PepsiCo, Inc. | 1.37% | 3.45% |
| Abbott Laboratories | 1.36% | 2.97% |
| Fastenal Co. | 1.42% | 1.28% |
| Archer-Daniels-Midland Co. | 1.68% | 0.97% |
| Kimberly-Clark Corp. | 1.49% | 0.82% |
| Cincinnati Financial Corp. | 1.39% | 0.62% |
| T. Rowe Price Group, Inc. | 1.55% | 0.58% |
| Only in NOBL | Only in SCHD |
|---|---|
| Nucor Corp. 1.77% | QUALCOMM Inc 6.75% |
| West Pharmaceutical Services, Inc. 1.73% | Texas Instruments Inc 5.92% |
| International Business Machines Corp. 1.71% | UnitedHealth Group Inc 5.10% |
| Franklin Resources, Inc. 1.67% | Merck & Co Inc 3.87% |
| Colgate-Palmolive Co. 1.62% | Verizon Communications Inc 3.66% |
| Caterpillar, Inc. 1.61% | ConocoPhillips 3.52% |
| Hormel Foods Corp. 1.61% | Amgen Inc 3.48% |
| JM Smucker Co. (The) 1.58% | Home Depot Inc/The 3.37% |
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 | SCHD Schwab U.S. Dividend Equity ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | ProShares | Schwab |
| What it is | S&P 500 Dividend Aristocrats | US dividend |
| Total return, 1 year | +9.4% | +27.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.1 pts | +10.1 pts |
| Expense ratio | 0.35% | 0.06% |
| Already in the S&P 500 | 100.0% | 95.1% |
| Holdings | 69 | 99 |
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.
SCHD in plain words
SCHD is an index equity fund tracking the US dividend. Over the year to Sep 11, 2026 it returned +27.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 43.7%. It sat 3.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, NOBL or SCHD?
- In the year to Sep 12, 2026, with distributions reinvested, NOBL returned +9.4% and SCHD returned +27.6%, so SCHD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, NOBL or SCHD?
- NOBL charges 0.35% a year and SCHD charges 0.06%, so SCHD is cheaper. Fees come from each fund's prospectus.
- How much do NOBL and SCHD overlap with the S&P 500?
- By their latest filed holdings, 100% of NOBL and 95% of SCHD by weight is stocks the S&P 500 already holds. Between the two funds, 15% of their books are the same securities at the same weight.
Other comparisons
Where to next
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 SCHD, data as of Sep 12, 2026. https://etfiq.com/compare/any/NOBL-SCHD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources