Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
NOBL vs SPHD: how they differ
NOBL and SPHD hold 14% of their weight in the same names, and NOBL returned more over the year.
ProShares S&P 500 Dividend Aristocrats ETF and Invesco S&P 500 High Dividend Low Volatility ETF.
What they hold in common
By the books each fund has filed, NOBL and SPHD hold 14% of their money in the same securities at the same weight.
| Holding | NOBL | SPHD |
|---|---|---|
| Franklin Resources, Inc. | 1.67% | 2.82% |
| Hormel Foods Corp. | 1.61% | 1.99% |
| T. Rowe Price Group, Inc. | 1.55% | 2.10% |
| Eversource Energy | 1.50% | 1.83% |
| Kimberly-Clark Corp. | 1.49% | 2.09% |
| Chevron Corp. | 1.44% | 2.10% |
| Exxon Mobil Corp. | 1.44% | 1.55% |
| Realty Income Corp. | 1.41% | 2.43% |
| Clorox Co. (The) | 1.33% | 1.70% |
| Genuine Parts Co. | 1.26% | 1.04% |
| Only in NOBL | Only in SPHD |
|---|---|
| Nucor Corp. 1.77% | Verizon Communications Inc. 3.49% |
| West Pharmaceutical Services, Inc. 1.73% | Altria Group, Inc. 3.45% |
| International Business Machines Corp. 1.71% | Healthpeak Properties, Inc. 3.24% |
| Archer-Daniels-Midland Co. 1.68% | Kraft Heinz Co. (The) 3.03% |
| Colgate-Palmolive Co. 1.62% | Pfizer Inc. 2.99% |
| Caterpillar, Inc. 1.61% | VICI Properties Inc. 2.68% |
| Automatic Data Processing, Inc. 1.61% | ONEOK, Inc. 2.66% |
| JM Smucker Co. (The) 1.58% | Kimco Realty Corp. 2.46% |
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 | SPHD Invesco S&P 500 High Dividend Low Volatility ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | ProShares | Invesco |
| What it is | S&P 500 Dividend Aristocrats | S&P 500 High Dividend Low Volatility |
| Total return, 1 year | +9.4% | +8.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.1 pts | −8.9 pts |
| Expense ratio | 0.35% | 0.30% |
| Already in the S&P 500 | 100.0% | 95.7% |
| Holdings | 69 | 49 |
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.
SPHD in plain words
SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 49 positions, with the top ten at 29.3%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, NOBL or SPHD?
- In the year to Sep 12, 2026, with distributions reinvested, NOBL returned +9.4% and SPHD returned +8.6%, so NOBL returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, NOBL or SPHD?
- NOBL charges 0.35% a year and SPHD charges 0.30%, so SPHD is cheaper. Fees come from each fund's prospectus.
- How much do NOBL and SPHD overlap with the S&P 500?
- By their latest filed holdings, 100% of NOBL and 96% of SPHD by weight is stocks the S&P 500 already holds. Between the two funds, 14% of their books are the same securities at the same weight.
Other comparisons
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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 SPHD, data as of Sep 12, 2026. https://etfiq.com/compare/any/NOBL-SPHD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources