Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
NOBL vs VOE: how they differ
NOBL and VOE hold 12% of their weight in the same names, and VOE returned more over the year.
ProShares S&P 500 Dividend Aristocrats ETF and Vanguard Mid-Cap Value Index Fund.
What they hold in common
By the books each fund has filed, NOBL and VOE hold 12% of their money in the same securities at the same weight.
| Holding | NOBL | VOE |
|---|---|---|
| Target Corp. | 1.41% | 1.03% |
| Cardinal Health, Inc. | 1.41% | 0.96% |
| Aflac, Inc. | 1.43% | 0.93% |
| Nucor Corp. | 1.77% | 0.88% |
| Becton Dickinson & Co. | 1.38% | 0.72% |
| Consolidated Edison, Inc. | 1.44% | 0.71% |
| Sysco Corp. | 1.49% | 0.69% |
| Archer-Daniels-Midland Co. | 1.68% | 0.64% |
| Kenvue, Inc. | 1.47% | 0.64% |
| Kimberly-Clark Corp. | 1.49% | 0.63% |
| Roper Technologies, Inc. | 1.32% | 0.59% |
| Air Products & Chemicals, Inc. | 1.39% | 0.57% |
| Only in NOBL | Only in VOE |
|---|---|
| West Pharmaceutical Services, Inc. 1.73% | Cummins Inc 1.71% |
| International Business Machines Corp. 1.71% | Valero Energy Corp 1.34% |
| Franklin Resources, Inc. 1.67% | Marathon Petroleum Corp 1.29% |
| Colgate-Palmolive Co. 1.62% | CRH PLC 1.24% |
| Caterpillar, Inc. 1.61% | United Rentals Inc 1.23% |
| Automatic Data Processing, Inc. 1.61% | General Motors Co 1.21% |
| Hormel Foods Corp. 1.61% | SLB Ltd 1.21% |
| JM Smucker Co. (The) 1.58% | Simon Property Group Inc 1.20% |
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.
| NOBL ProShares S&P 500 Dividend Aristocrats ETF | VOE Vanguard Mid-Cap Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | ProShares | Vanguard |
| What it is | S&P 500 Dividend Aristocrats | Mid-Cap Value |
| Total return, 1 year | +9.4% | +20.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −8.1 pts | +2.7 pts |
| Expense ratio | 0.35% | 0.05% |
| Already in the S&P 500 | 100.0% | 96.6% |
| Holdings | 69 | 170 |
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.
VOE in plain words
VOE is an index equity fund tracking the Mid-Cap Value. Over the year to Sep 11, 2026 it returned +20.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 12.7%.
Questions people ask
- Which returned more over the last year, NOBL or VOE?
- In the year to Sep 12, 2026, with distributions reinvested, NOBL returned +9.4% and VOE returned +20.2%, so VOE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, NOBL or VOE?
- NOBL charges 0.35% a year and VOE charges 0.05%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do NOBL and VOE overlap with the S&P 500?
- By their latest filed holdings, 100% of NOBL and 97% of VOE by weight is stocks the S&P 500 already holds. Between the two funds, 12% 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 VOE, data as of Sep 12, 2026. https://etfiq.com/compare/any/NOBL-VOE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources