Data as of Oct 28, 2026.

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NOBL vs SCHB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, NOBL returned +15.5% to SCHB's +13.4%; 10% of their weight is in the same names.

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Net assets: $11.6bn on Oct 28, 2026 for ProShares S&P 500 Dividend Aristocrats ETF, and $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF.

At a glance
+15.5%
NOBL total return, 1 year
+13.4%
SCHB total return, 1 year
0.35%
NOBL expense ratio
0.03%
SCHB expense ratio

Pair scorecard

SCHB costs 0.32 points a year less; their one-year returns differ by 2.1 points.

NOBL vs SCHB: Differences, Returns & Fees
MeasureNOBLSCHB
Return
Total return, 1 year+15.5%+13.4%
Benchmark
What it tracksS&P 500 Dividend Aristocrats IndexDow Jones U.S. Broad Stock Market Index
Cost and size
Expense ratio0.35%0.03%
Net assets, NOBL as of Oct 28, 2026 and SCHB as of Aug 31, 2026$11.6bn$44.6bn
Holdings
Holdings in common10%
Top ten holdings, share of the fund17.0%33.7%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

10%

By the books each fund has filed, NOBL and SCHB hold 10% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

10% in common

Positions both hold · largest shared weight first NOBL SCHB
EXXONMOBIL HOLDINGS CORP 1.63% 0.90%
JOHNSON & JOHNSON 1.47% 0.86%
WALMART INC 1.53% 0.62%
ABBVIE INC 1.58% 0.61%
CHEVRON CORP 1.66% 0.52%
CATERPILLAR INC 1.12% 0.49%
COCA-COLA CO 1.55% 0.46%
PROCTER & GAMBLE CO 1.50% 0.46%
LINDE PLC 1.40% 0.30%
INTL BUSINESS MACHINES CORP 1.70% 0.29%
ABBOTT LABORATORIES 1.44% 0.26%
PEPSICO INC 1.38% 0.26%
Only in one fund ↓
Only in NOBL
Only in SCHB
NVIDIA Corp 7.20%
Apple Inc 6.27%
Microsoft Corp 5.08%
Amazon.com Inc 3.42%
Alphabet Inc 2.68%
Broadcom Inc 2.36%
Alphabet Inc 2.13%
Meta Platforms Inc 1.69%
Check overlap with more funds →

Side by side

NOBL ProShares S&P 500 Dividend Aristocrats ETF SCHB Schwab U.S. Broad Market ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Dividend Aristocrats Tracks an index of US broad market
Total return, 1 year +15.5% +13.4%
Expense ratio 0.35% 0.03%
Already in the S&P 500 98.3% 88.0%
Holdings 69 2372
Net assets, NOBL as of Oct 28, 2026 and SCHB as of Aug 31, 2026 $11.6bn $44.6bn

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

Client brief · page 1 of 2 Report BR-DEF3145158

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

  1. What each follows. NOBL follows S&P 500 Dividend Aristocrats Index and SCHB follows Dow Jones U.S. Broad Stock Market Index.
  2. Holdings in common. 10% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 NOBL returned +15.5% and SCHB +13.4% with distributions reinvested, a gap of 2.1 points.

Data as of Oct 28, 2026.

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About each fund
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%.

SCHB

SCHB tracks an index of US broad market. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,372 positions, with the top ten at 33.7%.

Questions people ask

Which returned more over the last year, NOBL or SCHB?
In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and SCHB +13.4%.
Which is cheaper, NOBL or SCHB?
SCHB 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 NOBL and SCHB overlap with the S&P 500?
By their latest filed holdings, 98% of NOBL and 88% of SCHB by weight is stocks the S&P 500 already holds.
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ETFIQ, NOBL against SCHB, data as of Oct 28, 2026. https://etfiq.com/compare/any/nobl-vs-schb

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