Data as of Oct 28, 2026.
NOBL vs SPSB: Differences, Returns & Fees
Over the year to Oct 28, 2026, NOBL returned +15.5% to SPSB's +2.2%; 0% 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 $11.3bn on Oct 27, 2026 for State Street SPDR Portfolio Short Term Corporate Bond ETF.
Pair scorecard
SPSB costs 0.31 points a year less; their one-year returns differ by 13.3 points.
| Measure | NOBL | SPSB |
|---|---|---|
| Return | ||
| Total return, 1 year | +15.5% | +2.2% |
| Benchmark | ||
| What it tracks | S&P 500 Dividend Aristocrats Index | Bloomberg U.S. 1-3 Year Corporate Bond Index |
| Cost and size | ||
| Expense ratio | 0.35% | 0.04% |
| Net assets, as of Oct 27, 2026 | $11.7bn | $11.3bn |
| 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
Risk and return
Oct 18, 2013 to Oct 23, 2026 · 679 weekly returnsNOBL returned more: +264.8% to +35.0%. SPSB swung less: 3.3% to 15.4%. SPSB fell less at its worst: −9.9% to −31.7%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | NOBL | SPSB | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +264.8% | +35.0% | NOBL | Price change plus distributions, reinvested. |
| Annualized | +10.4% | +2.3% | NOBL | Total return as a yearly rate. |
| Price return | +179.1% | −3.6% | NOBL | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 15.4% | 3.3% | SPSB | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.8% | 2.3% | SPSB | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −31.7% | −9.9% | SPSB | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.59 | 0.12 | NOBL | Return above Treasury bills per unit of volatility. |
| Sortino | 0.84 | 0.17 | NOBL | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.33 | 0.23 | 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, NOBL and SPSB 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 SPSB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
NOBL and SPSB do different jobs. What does each one do in a portfolio?
- What each follows. NOBL follows S&P 500 Dividend Aristocrats Index and SPSB follows Bloomberg U.S. 1-3 Year Corporate Bond Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 NOBL returned +15.5% and SPSB +2.2% with distributions reinvested, a gap of 13.3 points.
Data as of Oct 28, 2026.
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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%.
SPSB
SPSB tracks an index of Short Term Corporate Bond. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.04% a year.
Questions people ask
- Which returned more over the last year, NOBL or SPSB?
- In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and SPSB +2.2%.
- Which is cheaper, NOBL or SPSB?
- SPSB is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, NOBL against SPSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/nobl-vs-spsb
ETFIQ. (Oct 28, 2026). NOBL against SPSB. Retrieved from https://etfiq.com/compare/any/nobl-vs-spsb
[NOBL against SPSB (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/nobl-vs-spsb)
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