Data as of Oct 28, 2026.

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DIVB vs NOBL: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DIVB returned +36.6% to NOBL's +15.5%; 20% of their weight is in the same names.

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Net assets: $2.2bn on Oct 27, 2026 for iShares Core Dividend ETF, and $11.6bn on Oct 28, 2026 for ProShares S&P 500 Dividend Aristocrats ETF.

At a glance
+36.6%
DIVB total return, 1 year
+15.5%
NOBL total return, 1 year
0.05%
DIVB expense ratio
0.35%
NOBL expense ratio

Pair scorecard

DIVB costs 0.30 points a year less; their one-year returns differ by 21.1 points; NOBL is 5.3 times larger.

DIVB vs NOBL: Differences, Returns & Fees
MeasureDIVBNOBL
Return
Total return, 1 year+36.6%+15.5%
Benchmark
What it tracksMorningstar US Dividend and Buyback IndexS&P 500 Dividend Aristocrats Index
Cost and size
Expense ratio0.05%0.35%
Net assets, as of Oct 27, 2026$2.2bn$11.7bn
Holdings
Holdings in common20%
Top ten holdings, share of the fund32.6%17.0%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Nov 17, 2017 to Oct 23, 2026 · 466 weekly returns
DIVB NOBL
Return
Total return edge DIVB +252.9% +132.9%
Annualized edge DIVB +15.1% +9.9%
Price return edge DIVB +183.8% +92.0%
Risk
Volatility edge NOBL (slight) 18.1% 17.3%
Max drawdown edge NOBL (slight) −35.0% −31.7%
Risk-adjusted
Sharpe edge DIVB 0.72 0.48
Sortino edge DIVB 1.02 0.67
Calmar edge DIVB 0.43 0.31
Reading

DIVB returned more: +252.9% to +132.9%. NOBL swung slightly less: 17.3% to 18.1%. NOBL fell slightly less at its worst: −31.7% to −35.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: DIVB vs NOBL: Differences, Returns & Fees
MeasureDIVBNOBLEdgeHow it is measured
Return
Total return+252.9%+132.9%DIVBPrice change plus distributions, reinvested.
Annualized+15.1%+9.9%DIVBTotal return as a yearly rate.
Price return+183.8%+92.0%DIVBPrice change alone, distributions left out.
Risk
Volatility18.1%17.3%NOBL (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation12.7%12.3%NOBL (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−35.0%−31.7%NOBL (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.720.48DIVBReturn above Treasury bills per unit of volatility.
Sortino1.020.67DIVBReturn above Treasury bills per unit of downside deviation.
Calmar0.430.31DIVBAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 466 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

20%

By the books each fund has filed, DIVB and NOBL hold 20% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

20% in common

Positions both hold · largest shared weight first DIVB NOBL
INTERNATIONAL BUSINESS MACHINES CO 5.12% 1.70%
AUTOMATIC DATA PROCESSING INC 5.06% 1.69%
CHEVRON 1.88% 1.66%
EXXONMOBIL HOLDINGS CORP 2.69% 1.63%
ABBVIE 1.92% 1.58%
PROCTER & GAMBLE 1.70% 1.50%
JOHNSON & JOHNSON 2.04% 1.47%
COCA-COLA 1.06% 1.55%
PEPSICO 0.98% 1.38%
ABBOTT LABORATORIES 0.65% 1.44%
MCDONALDS CORP 0.51% 1.33%
MEDTRONIC PLC 0.51% 1.61%
Only in one fund ↓
Only in DIVB
ACCENTURE PLC CLASS A 6.06%
COGNIZANT TECHNOLOGY SOLUTIONS CLA 3.07%
JPMORGAN CHASE & CO 2.40%
HP INC 2.23%
PAYCHEX 2.05%
UNITEDHEALTH GROUP 1.50%
LEIDOS HOLDINGS 1.44%
CDW 1.41%
Only in NOBL
ROPER TECHNOLOGIES INC 1.81%
EMERSON ELECTRIC CO 1.67%
NUCOR CORP 1.61%
EXPEDITORS INTL WASH INC 1.58%
CARDINAL HEALTH INC 1.57%
NORDSON CORP 1.56%
WEST PHARMACEUTICAL SERVICES 1.56%
ECOLAB INC 1.53%
Check overlap with more funds →

Side by side

DIVB iShares Core Dividend ETF NOBL ProShares S&P 500 Dividend Aristocrats ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks the S&P 500 Dividend Aristocrats
Total return, 1 year +36.6% +15.5%
Expense ratio 0.05% 0.35%
Already in the S&P 500 89.6% 98.3%
Holdings 382 69
Net assets, DIVB as of Oct 27, 2026 and NOBL as of Oct 28, 2026 $2.2bn $11.6bn

DIVB and NOBL on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-B003B7FC79

DIVB and NOBL are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. DIVB follows Morningstar US Dividend and Buyback Index and NOBL follows S&P 500 Dividend Aristocrats Index.
  2. Holdings in common. 20% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 DIVB returned +36.6% and NOBL +15.5% with distributions reinvested, a gap of 21.1 points.

Data as of Oct 28, 2026.

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About each fund
DIVB

DIVB tracks an index. Over the year to Oct 28, 2026 it returned +36.6% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 382 positions, with the top ten at 32.6%.

NOBL

NOBL tracks the S&P 500 Dividend Aristocrats. Over the year to Oct 28, 2026 it returned +15.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 69 positions, with the top ten at 17.0%.

Questions people ask

Which returned more over the last year, DIVB or NOBL?
In the year to Oct 28, 2026, with distributions reinvested, DIVB returned +36.6% and NOBL +15.5%.
Which is cheaper, DIVB or NOBL?
DIVB is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DIVB and NOBL overlap with the S&P 500?
By their latest filed holdings, 90% of DIVB and 98% of NOBL by weight is stocks the S&P 500 already holds.
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ETFIQ, DIVB against NOBL, data as of Oct 28, 2026. https://etfiq.com/compare/any/divb-vs-nobl

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