Data as of Oct 28, 2026.
IYR vs NOBL: Differences, Returns & Fees
Over the year to Oct 28, 2026, IYR returned +3.4% to NOBL's +15.5%; 3% of their weight is in the same names.
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Net assets on Oct 28, 2026: $3.9bn for iShares U.S. Real Estate ETF and $11.6bn for ProShares S&P 500 Dividend Aristocrats ETF.
Pair scorecard
NOBL costs 0.02 points a year less; their one-year returns differ by 12.1 points; NOBL is 3.0 times larger.
| Measure | IYR | NOBL |
|---|---|---|
| Return | ||
| Total return, 1 year | +3.4% | +15.5% |
| Drawdown | ||
| Below its high | 8.6%, high on Jul 28, 2026 | |
| Benchmark | ||
| What it tracks | Dow Jones U.S. Real Estate Capped Index | S&P 500 Dividend Aristocrats Index |
| Cost and size | ||
| Expense ratio | 0.37% | 0.35% |
| Net assets | $3.9bn | $11.6bn |
| Holdings | ||
| Holdings in common | 3% | |
| Top ten holdings, share of the fund | 52.5% | 17.0% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Oct 18, 2013 to Oct 23, 2026 · 679 weekly returnsNOBL returned more: +264.8% to +120.9%. NOBL swung less: 15.4% to 20.1%. NOBL fell less at its worst: −31.7% to −39.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | IYR | NOBL | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +120.9% | +264.8% | NOBL | Price change plus distributions, reinvested. |
| Annualized | +6.3% | +10.4% | NOBL | Total return as a yearly rate. |
| Price return | +46.7% | +179.1% | NOBL | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 20.1% | 15.4% | NOBL | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 14.0% | 10.8% | NOBL | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −39.3% | −31.7% | NOBL | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.31 | 0.59 | NOBL | Return above Treasury bills per unit of volatility. |
| Sortino | 0.44 | 0.84 | NOBL | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.16 | 0.33 | NOBL | Annualized 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
By the books each fund has filed, IYR and NOBL hold 3% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
3% in common
Only in one fund ↓
Side by side
IYR and NOBL on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IYR and NOBL do different jobs. What does each one do in a portfolio?
- What each follows. IYR follows Dow Jones U.S. Real Estate Capped Index and NOBL follows S&P 500 Dividend Aristocrats Index.
- Holdings in common. 3% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 IYR returned +3.4% and NOBL +15.5% with distributions reinvested, a gap of 12.1 points.
Data as of Oct 28, 2026.
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IYR
IYR tracks an index of U.S. Real Estate. Over the year to Oct 28, 2026 it returned +3.4% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 52.5%. It sat 8.6% below its high of Jul 28, 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, IYR or NOBL?
- In the year to Oct 28, 2026, with distributions reinvested, IYR returned +3.4% and NOBL +15.5%.
- Which is cheaper, IYR or NOBL?
- NOBL is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, IYR against NOBL, data as of Oct 28, 2026. https://etfiq.com/compare/any/iyr-vs-nobl
ETFIQ. (Oct 28, 2026). IYR against NOBL. Retrieved from https://etfiq.com/compare/any/iyr-vs-nobl
[IYR against NOBL (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iyr-vs-nobl)
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