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

In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and VTEB −0.4%.

Which is cheaper, NOBL or VTEB?

VTEB 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.

Data as of Oct 28, 2026.

Across categories

NOBL vs VTEB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, NOBL returned +15.5% to VTEB's −0.4%; 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 $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

NOBL on its own →VTEB on its own →

At a glance

+15.5%

NOBL total return, 1 year

−0.4%

VTEB total return, 1 year

0.35%

NOBL expense ratio

0.03%

VTEB expense ratio

Pair scorecard

VTEB costs 0.32 points a year less; their one-year returns differ by 15.9 points; VTEB is 4.6 times larger.

NOBL vs VTEB: Differences, Returns & Fees
Measure	NOBL	VTEB
Return
Measure	NOBL	VTEB
Total return, 1 year	+15.5%	−0.4%
Benchmark
Measure	NOBL	VTEB
What it tracks	S&P 500 Dividend Aristocrats Index	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	NOBL	VTEB
Expense ratio	0.35%	0.03%
Net assets, as of Sep 30, 2026	$10.9bn	$49.6bn
Holdings
Measure	NOBL	VTEB
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 Sep 30, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, NOBL and VTEB hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first NOBL VTEB

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 VTEB

Vanguard Municipal Low Duration Fund 0.69%

State of California 0.15%

State of California 0.14%

New York State Dormitory Authority 0.13%

State of Illinois 0.12%

Ohio State University 0.12%

City of New York NY 0.10%

State of Wisconsin 0.10%

Check overlap with more funds →

Side by side

NOBL ProShares S&P 500 Dividend Aristocrats ETF VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Stock ETF Bond ETF

Issuer ProShares Vanguard

What it is Tracks the S&P 500 Dividend Aristocrats Tracks an index of Tax-Exempt Bond

Total return, 1 year +15.5% −0.4%

Expense ratio 0.35% 0.03%

Holdings 69 11155

Net assets, NOBL as of Oct 28, 2026 and VTEB as of Sep 30, 2026 $11.6bn $49.6bn

NOBL and VTEB 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%.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, NOBL or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and VTEB −0.4%.
Which is cheaper, NOBL or VTEB?: VTEB 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.

Other comparisons

MUB vs NOBL HYMB vs NOBL NOBL vs VCIT BNDX vs NOBL COWZ vs VTEB DVY vs VTEB RSP vs VTEB SDY vs VTEB

Where to next

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

Sources and dates

NOBL filings on SEC EDGAR ↗

NOBL prospectus with the expense ratio (SEC) ↗

ProShares page for NOBL ↗

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

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 VTEB, data as of Oct 28, 2026. https://etfiq.com/compare/any/nobl-vs-vteb

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.