Which returned more over the last year, NOBL or VLUE?

In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and VLUE +54.7%.

Which is cheaper, NOBL or VLUE?

VLUE is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do NOBL and VLUE overlap with the S&P 500?

By their latest filed holdings, 98% of NOBL and 97% of VLUE by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

NOBL vs VLUE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, NOBL returned +15.5% to VLUE's +54.7%; 4% of their weight is in the same names.

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Net assets on Oct 28, 2026: $11.6bn for ProShares S&P 500 Dividend Aristocrats ETF and $9.4bn for iShares MSCI USA Value Factor ETF.

NOBL on its own →VLUE on its own →

At a glance

+15.5%

NOBL total return, 1 year

+54.7%

VLUE total return, 1 year

0.35%

NOBL expense ratio

0.15%

VLUE expense ratio

Pair scorecard

VLUE costs 0.20 points a year less; their one-year returns differ by 39.2 points; NOBL is 1.2 times larger.

NOBL vs VLUE: Differences, Returns & Fees
Measure	NOBL	VLUE
Return
Measure	NOBL	VLUE
Total return, 1 year	+15.5%	+54.7%
Benchmark
Measure	NOBL	VLUE
What it tracks	S&P 500 Dividend Aristocrats Index	MSCI USA Enhanced Value Index
Cost and size
Measure	NOBL	VLUE
Expense ratio	0.35%	0.15%
Net assets	$11.6bn	$9.4bn
Holdings
Measure	NOBL	VLUE
Holdings in common	4%
Top ten holdings, share of the fund	17.0%	42.8%

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

What they share

By the books each fund has filed, NOBL and VLUE hold 4% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first NOBL VLUE

ARCHER-DANIELS-MIDLAND CO 1.25% 0.94%

TARGET CORP 1.50% 0.80%

BECTON DICKINSON AND CO 1.78% 0.40%

ROPER TECHNOLOGIES INC 1.81% 0.39%

NUCOR CORP 1.61% 0.29%

REALTY INCOME CORP 1.22% 0.29%

CONSOLIDATED EDISON INC 1.44% 0.25%

EVERSOURCE ENERGY 1.27% 0.20%

AMCOR PLC 1.49% 0.13%

ESSEX PROPERTY TRUST INC 1.31% 0.08%

Only in one fund ↓

Only in NOBL

FACTSET RESEARCH SYSTEMS INC 1.77%

INTL BUSINESS MACHINES CORP 1.70%

AUTOMATIC DATA PROCESSING 1.69%

EMERSON ELECTRIC CO 1.67%

CHEVRON CORP 1.66%

ERIE INDEMNITY COMPANY-CL A 1.64%

EXXONMOBIL HOLDINGS CORP 1.63%

MEDTRONIC PLC 1.61%

Only in VLUE

MICRON TECHNOLOGY 20.94%

CISCO SYSTEMS INC 4.37%

GENERAL MOTORS 3.54%

VERIZON COMMUNICATIONS INC 2.72%

AT&T 2.24%

HEWLETT PACKARD ENTERPRISE 1.95%

PFIZER 1.86%

BANK OF AMERICA 1.77%

Check overlap with more funds →

Side by side

NOBL ProShares S&P 500 Dividend Aristocrats ETF VLUE iShares MSCI USA Value Factor ETF

Where it sits Stock ETF Stock ETF

Issuer ProShares iShares

What it is Tracks the S&P 500 Dividend Aristocrats Tracks the MSCI USA Value Factor

Total return, 1 year +15.5% +54.7%

Its benchmark over the same days not measured +13.6% (MLRG)

Gap to its benchmark not measured +41.1 pts vs MLRG

Expense ratio 0.35% 0.15%

Already in the S&P 500 98.3% 96.6%

Holdings 69 148

Net assets $11.6bn $9.4bn

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

Alert

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%.

VLUE

VLUE tracks the MSCI USA Value Factor. Over the year to Oct 28, 2026 it returned +54.7% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 42.8%.

Questions people ask

Which returned more over the last year, NOBL or VLUE?: In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and VLUE +54.7%.
Which is cheaper, NOBL or VLUE?: VLUE is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do NOBL and VLUE overlap with the S&P 500?: By their latest filed holdings, 98% of NOBL and 97% of VLUE by weight is stocks the S&P 500 already holds.

Other comparisons

NOBL vs SPYD NOBL vs SPHD DGRO vs NOBL NOBL vs VYM FDL vs VLUE FTCS vs VLUE DIVB vs VLUE RSP vs VLUE

Where to next

NOBL on its own →VLUE on its own →Hold both: look the portfolio through →Rankings →NOBL dividend history →NOBL holdings →VLUE dividend history →VLUE holdings →Standards and sources →

Sources and dates

NOBL filings on SEC EDGAR ↗

NOBL prospectus with the expense ratio (SEC) ↗

ProShares page for NOBL ↗

VLUE filings on SEC EDGAR ↗

VLUE prospectus with the expense ratio (SEC) ↗

iShares page for VLUE ↗

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, NOBL against VLUE, data as of Oct 28, 2026. https://etfiq.com/compare/any/nobl-vs-vlue

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