Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
NOBL vs VLUE: how they differ
NOBL and VLUE hold 3% of their weight in the same names, and VLUE returned more over the year.
ProShares S&P 500 Dividend Aristocrats ETF and iShares MSCI USA Value Factor ETF.
What they hold in common
By the books each fund has filed, NOBL and VLUE hold 3% of their money in the same securities at the same weight.
| Holding | NOBL | VLUE |
|---|---|---|
| Archer-Daniels-Midland Co. | 1.68% | 0.88% |
| Target Corp. | 1.41% | 0.61% |
| Nucor Corp. | 1.77% | 0.38% |
| Realty Income Corp. | 1.41% | 0.36% |
| Roper Technologies, Inc. | 1.32% | 0.21% |
| Eversource Energy | 1.50% | 0.19% |
| Consolidated Edison, Inc. | 1.44% | 0.18% |
| Becton Dickinson & Co. | 1.38% | 0.16% |
| Hormel Foods Corp. | 1.61% | 0.04% |
| Only in NOBL | Only in VLUE |
|---|---|
| West Pharmaceutical Services, Inc. 1.73% | MICRON TECHNOLOGY, INC. 11.63% |
| International Business Machines Corp. 1.71% | INTEL CORPORATION 9.29% |
| Franklin Resources, Inc. 1.67% | CISCO SYSTEMS, INC. 4.97% |
| Colgate-Palmolive Co. 1.62% | APPLIED MATERIALS, INC. 3.67% |
| Caterpillar, Inc. 1.61% | GENERAL MOTORS COMPANY 3.16% |
| Automatic Data Processing, Inc. 1.61% | VERIZON COMMUNICATIONS INC. 2.66% |
| JM Smucker Co. (The) 1.58% | AT&T INC. 2.53% |
| Essex Property Trust, Inc. 1.58% | CITIGROUP INC. 1.94% |
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 Apr 30, 2026 and May 31, 2026.
| NOBL ProShares S&P 500 Dividend Aristocrats ETF | VLUE iShares MSCI USA Value Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | ProShares | iShares |
| What it is | S&P 500 Dividend Aristocrats | MSCI USA Value Factor |
| Total return, 1 year | +9.4% | +69.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.1 pts | +51.9 pts |
| Expense ratio | 0.35% | 0.15% |
| Already in the S&P 500 | 100.0% | 96.9% |
| Holdings | 69 | 148 |
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.
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 43.6%.
Questions people ask
- Which returned more over the last year, NOBL or VLUE?
- In the year to Sep 12, 2026, with distributions reinvested, NOBL returned +9.4% and VLUE returned +69.4%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, NOBL or VLUE?
- NOBL charges 0.35% a year and VLUE charges 0.15%, so VLUE is cheaper. Fees come from each fund's prospectus.
- How much do NOBL and VLUE overlap with the S&P 500?
- By their latest filed holdings, 100% of NOBL and 97% of VLUE 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.
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 VLUE, data as of Sep 12, 2026. https://etfiq.com/compare/any/NOBL-VLUE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources