Data as of Oct 28, 2026.

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GARP vs NOBL: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GARP returned +18.0% to NOBL's +15.5%; 1% of their weight is in the same names.

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Net assets: $3.6bn on Oct 27, 2026 for iShares MSCI USA Quality GARP ETF, and $11.6bn on Oct 28, 2026 for ProShares S&P 500 Dividend Aristocrats ETF.

At a glance
+18.0%
GARP total return, 1 year
+15.5%
NOBL total return, 1 year
0.15%
GARP expense ratio
0.35%
NOBL expense ratio

Pair scorecard

GARP costs 0.20 points a year less; their one-year returns differ by 2.5 points; NOBL is 3.3 times larger.

GARP vs NOBL: Differences, Returns & Fees
MeasureGARPNOBL
Return
Total return, 1 year+18.0%+15.5%
Drawdown
Below its high7.0%, high on Oct 6, 2026
Benchmark
What it tracksMSCI USA Quality GARP Select IndexS&P 500 Dividend Aristocrats Index
Cost and size
Expense ratio0.15%0.35%
Net assets, as of Oct 27, 2026$3.6bn$11.7bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund43.5%17.0%

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

What they share

1%

By the books each fund has filed, GARP and NOBL hold 1% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first GARP NOBL
CATERPILLAR INC 3.29% 1.12%
Only in one fund ↓
Only in GARP
MICROSOFT 5.67%
APPLE 5.66%
NVIDIA 5.18%
VISA CLASS A 5.13%
META PLATFORMS CLASS A 4.72%
MICRON TECHNOLOGY 4.61%
LAM RESEARCH 3.31%
KLA 3.09%
Only in NOBL
ROPER TECHNOLOGIES INC 1.81%
BECTON DICKINSON AND CO 1.78%
FACTSET RESEARCH SYSTEMS INC 1.77%
INTL BUSINESS MACHINES CORP 1.70%
AUTOMATIC DATA PROCESSING 1.69%
EMERSON ELECTRIC CO 1.67%
CHEVRON CORP 1.66%
ERIE INDEMNITY COMPANY-CL A 1.64%
Check overlap with more funds →

Side by side

GARP iShares MSCI USA Quality GARP ETF NOBL ProShares S&P 500 Dividend Aristocrats ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI USA Quality GARP Tracks the S&P 500 Dividend Aristocrats
Total return, 1 year +18.0% +15.5%
Its benchmark over the same days +13.3% (PBUS) not measured
Gap to its benchmark +4.7 pts vs PBUS not measured
Expense ratio 0.15% 0.35%
Already in the S&P 500 94.4% 98.3%
Holdings 131 69
Net assets, GARP as of Oct 27, 2026 and NOBL as of Oct 28, 2026 $3.6bn $11.6bn

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

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About each fund
GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

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, GARP or NOBL?
In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and NOBL +15.5%.
Which is cheaper, GARP or NOBL?
GARP is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GARP and NOBL overlap with the S&P 500?
By their latest filed holdings, 94% of GARP and 98% of NOBL by weight is stocks the S&P 500 already holds.
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ETFIQ, GARP against NOBL, data as of Oct 28, 2026. https://etfiq.com/compare/any/garp-vs-nobl

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