Data as of Oct 28, 2026.

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NOBL vs VNQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, NOBL returned +15.5% to VNQ's +4.8%; 3% 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 $35.9bn on Sep 30, 2026 for Vanguard Real Estate ETF.

At a glance
+15.5%
NOBL total return, 1 year
+4.8%
VNQ total return, 1 year
0.35%
NOBL expense ratio
0.13%
VNQ expense ratio

Pair scorecard

VNQ costs 0.22 points a year less; their one-year returns differ by 10.7 points; VNQ is 3.3 times larger.

NOBL vs VNQ: Differences, Returns & Fees
MeasureNOBLVNQ
Return
Total return, 1 year+15.5%+4.8%
Drawdown
Below its high8.3%, high on Jul 28, 2026
Benchmark
What it tracksS&P 500 Dividend Aristocrats IndexMSCI US Investable Market Real Estate 25/50 Index
Cost and size
Expense ratio0.35%0.13%
Net assets, as of Sep 30, 2026$10.9bn$35.9bn
Holdings
Holdings in common3%
Top ten holdings, share of the fund17.0%55.8%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

3%

By the books each fund has filed, NOBL and VNQ hold 3% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

3% in common

Positions both hold · largest shared weight first NOBL VNQ
REALTY INCOME CORP 1.22% 2.85%
ESSEX PROPERTY TRUST INC 1.31% 0.98%
FEDERAL REALTY INVS TRUST 1.23% 0.48%
Only in one fund ↓
Only in NOBL
ROPER TECHNOLOGIES INC 1.81%
BECTON DICKINSON AND CO 1.78%
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%
Only in VNQ
Vanguard Real Estate II Index Fund 14.51%
Welltower Inc 9.12%
Prologis Inc 6.86%
Equinix Inc 5.65%
American Tower Corp 4.32%
Simon Property Group Inc 3.69%
Digital Realty Trust Inc 3.68%
Public Storage 2.69%
Check overlap with more funds →

Side by side

NOBL ProShares S&P 500 Dividend Aristocrats ETF VNQ Vanguard Real Estate ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Dividend Aristocrats Tracks an index of US real estate
Total return, 1 year +15.5% +4.8%
Expense ratio 0.35% 0.13%
Already in the S&P 500 98.3% 62.8%
Holdings 69 141
Net assets, NOBL as of Oct 28, 2026 and VNQ as of Sep 30, 2026 $11.6bn $35.9bn

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

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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%.

VNQ

VNQ tracks an index of US real estate. Over the year to Oct 28, 2026 it returned +4.8% with distributions reinvested. The prospectus expense ratio is 0.13% a year. By its holdings published by its issuer as of Sep 30, 2026, 63% of the fund by weight is stocks the S&P 500 also holds, across 141 positions, with the top ten at 55.8%. It sat 8.3% below its high of Jul 28, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, NOBL or VNQ?
In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and VNQ +4.8%.
Which is cheaper, NOBL or VNQ?
VNQ is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do NOBL and VNQ overlap with the S&P 500?
By their latest filed holdings, 98% of NOBL and 63% of VNQ by weight is stocks the S&P 500 already holds.
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ETFIQ, NOBL against VNQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/nobl-vs-vnq

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