Data as of Oct 28, 2026.
NOBL vs PDBC: Differences, Returns & Fees
Over the year to Oct 28, 2026, NOBL returned +15.5% to PDBC's +55.6%; 0% of their weight is in the same names.
askIQ about this page
askIQ about NOBL and PDBC
Net assets: $11.6bn on Oct 28, 2026 for ProShares S&P 500 Dividend Aristocrats ETF, and $8.0bn on Oct 27, 2026 for Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF.
Pair scorecard
NOBL costs 0.24 points a year less; their one-year returns differ by 40.1 points; NOBL is 1.5 times larger.
| Measure | NOBL | PDBC |
|---|---|---|
| Return | ||
| Total return, 1 year | +15.5% | +55.6% |
| Benchmark | ||
| What it tracks | S&P 500 Dividend Aristocrats Index | No index, actively managed |
| Cost and size | ||
| Expense ratio | 0.35% | 0.59% |
| Net assets, as of Oct 27, 2026 | $11.7bn | $8.0bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 98% | |
| Top ten holdings, share of the fund | 17.0% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
What they share
By the books each fund has filed, NOBL and PDBC hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
NOBL and PDBC on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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%.
PDBC
PDBC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +55.6% with distributions reinvested, against +54.6% for its benchmark, the DBIQ Optimum Yield Diversified Commodity Index Excess Return. The prospectus expense ratio is 0.59% a year.
Questions people ask
- Which returned more over the last year, NOBL or PDBC?
- In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and PDBC +55.6%.
- Which is cheaper, NOBL or PDBC?
- NOBL is cheaper, by 0.24 percentage points a year. That is about $24 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.
Cite this pageCitation, APA and Markdown
ETFIQ, NOBL against PDBC, data as of Oct 28, 2026. https://etfiq.com/compare/any/nobl-vs-pdbc
ETFIQ. (Oct 28, 2026). NOBL against PDBC. Retrieved from https://etfiq.com/compare/any/nobl-vs-pdbc
[NOBL against PDBC (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/nobl-vs-pdbc)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.