Data as of Oct 28, 2026.

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IVV vs NOBL: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IVV returned +13.7% to NOBL's +15.5%; 11% of their weight is in the same names.

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Net assets: $885.1bn on Oct 27, 2026 for iShares Core S&P 500 ETF, and $11.6bn on Oct 28, 2026 for ProShares S&P 500 Dividend Aristocrats ETF.

At a glance
+13.7%
IVV total return, 1 year
+15.5%
NOBL total return, 1 year
0.03%
IVV expense ratio
0.35%
NOBL expense ratio

Pair scorecard

IVV costs 0.32 points a year less; their one-year returns differ by 1.8 points; IVV is far larger, $885.1bn against $11.7bn.

IVV vs NOBL: Differences, Returns & Fees
MeasureIVVNOBL
Return
Total return, 1 year+13.7%+15.5%
Benchmark
What it tracksS&P 500S&P 500 Dividend Aristocrats Index
Cost and size
Expense ratio0.03%0.35%
Net assets, as of Oct 27, 2026$885.1bn$11.7bn
Holdings
Holdings in common11%
Top ten holdings, share of the fund38.1%17.0%

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

Risk and return

Oct 18, 2013 to Oct 23, 2026 · 679 weekly returns
IVV NOBL
Return
Total return edge IVV +445.8% +264.8%
Annualized edge IVV +13.9% +10.4%
Price return edge IVV +335.3% +179.1%
Risk
Volatility edge NOBL (slight) 16.1% 15.4%
Max drawdown edge Tie −31.8% −31.7%
Risk-adjusted
Sharpe edge IVV 0.77 0.59
Sortino edge IVV 1.10 0.84
Calmar edge IVV 0.44 0.33
Reading

IVV returned more: +445.8% to +264.8%. NOBL swung slightly less: 15.4% to 16.1%. IVV and NOBL fell about the same at their worst: −31.8% and −31.7%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IVV vs NOBL: Differences, Returns & Fees
MeasureIVVNOBLEdgeHow it is measured
Return
Total return+445.8%+264.8%IVVPrice change plus distributions, reinvested.
Annualized+13.9%+10.4%IVVTotal return as a yearly rate.
Price return+335.3%+179.1%IVVPrice change alone, distributions left out.
Risk
Volatility16.1%15.4%NOBL (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation11.2%10.8%NOBL (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−31.8%−31.7%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.770.59IVVReturn above Treasury bills per unit of volatility.
Sortino1.100.84IVVReturn above Treasury bills per unit of downside deviation.
Calmar0.440.33IVVAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 679 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

11%

By the books each fund has filed, IVV and NOBL hold 11% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

11% in common

Positions both hold · largest shared weight first IVV NOBL
EXXONMOBIL HOLDINGS CORP 1.11% 1.63%
JOHNSON & JOHNSON 0.97% 1.47%
WALMART 0.80% 1.53%
ABBVIE 0.76% 1.58%
CHEVRON 0.68% 1.66%
PROCTER & GAMBLE 0.56% 1.50%
COCA-COLA 0.53% 1.55%
CATERPILLAR INC 0.49% 1.12%
INTERNATIONAL BUSINESS MACHINES CO 0.35% 1.70%
LINDE PLC 0.35% 1.40%
PEPSICO 0.27% 1.38%
ABBOTT LABORATORIES 0.27% 1.44%
Only in one fund ↓
Only in IVV
NVIDIA 7.92%
APPLE 7.61%
MICROSOFT 5.93%
AMAZON.COM INC 3.73%
ALPHABET CLASS A 2.83%
BROADCOM INC 2.45%
ALPHABET CLASS C 2.26%
META PLATFORMS CLASS A 2.05%
Only in NOBL
Check overlap with more funds →

Side by side

IVV iShares Core S&P 500 ETF NOBL ProShares S&P 500 Dividend Aristocrats ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Tracks the S&P 500 Dividend Aristocrats
Total return, 1 year +13.7% +15.5%
Its benchmark over the same days +13.6% (SPY) not measured
Gap to its benchmark +0.1 pts vs SPY not measured
Expense ratio 0.03% 0.35%
Already in the S&P 500 99.8% 98.3%
Holdings 505 69
Net assets, IVV as of Oct 27, 2026 and NOBL as of Oct 28, 2026 $885.1bn $11.6bn

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

Client brief · page 1 of 2 Report BR-097EEE5BA1

IVV and NOBL do different jobs. What does each one do in a portfolio?

  1. What each follows. IVV follows S&P 500 and NOBL follows S&P 500 Dividend Aristocrats Index.
  2. Holdings in common. 11% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. Number of holdings. IVV holds 505 positions and NOBL holds 69.

Data as of Oct 28, 2026.

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About each fund
IVV

IVV tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.6% for its benchmark, the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.1%.

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, IVV or NOBL?
In the year to Oct 28, 2026, with distributions reinvested, IVV returned +13.7% and NOBL +15.5%.
Which is cheaper, IVV or NOBL?
IVV is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IVV and NOBL overlap with the S&P 500?
By their latest filed holdings, 100% of IVV and 98% of NOBL by weight is stocks the S&P 500 already holds.
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ETFIQ, IVV against NOBL, data as of Oct 28, 2026. https://etfiq.com/compare/any/ivv-vs-nobl

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