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

In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and XLB +18.5%.

Which is cheaper, NOBL or XLB?

XLB is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 98% of NOBL and 100% of XLB by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

NOBL vs XLB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, NOBL returned +15.5% to XLB's +18.5%; 11% 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 $8.1bn on Oct 27, 2026 for State Street Materials Select Sector SPDR ETF.

NOBL on its own →XLB on its own →

At a glance

+15.5%

NOBL total return, 1 year

+18.5%

XLB total return, 1 year

0.35%

NOBL expense ratio

0.08%

XLB expense ratio

Pair scorecard

XLB costs 0.27 points a year less; their one-year returns differ by 3.0 points; NOBL is 1.4 times larger.

NOBL vs XLB: Differences, Returns & Fees
Measure	NOBL	XLB
Return
Measure	NOBL	XLB
Total return, 1 year	+15.5%	+18.5%
Benchmark
Measure	NOBL	XLB
What it tracks	S&P 500 Dividend Aristocrats Index	Materials Select Sector Index
Cost and size
Measure	NOBL	XLB
Expense ratio	0.35%	0.08%
Net assets, as of Oct 27, 2026	$11.7bn	$8.1bn
Holdings
Measure	NOBL	XLB
Holdings in common	11%
Top ten holdings, share of the fund	17.0%	58.5%

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

What they share

11%

By the books each fund has filed, NOBL and XLB hold 11% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

11% in common

Positions both hold · largest shared weight first NOBL XLB

NUCOR CORP 1.61% 4.89%

ECOLAB INC 1.53% 4.98%

AMCOR PLC 1.49% 3.24%

AIR PRODUCTS & CHEMICALS INC 1.45% 4.84%

SHERWIN-WILLIAMS CO 1.43% 4.73%

LINDE PLC 1.40% 12.96%

PPG INDUSTRIES INC 1.35% 3.85%

ALBEMARLE CORP 1.18% 1.78%

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 XLB

NEWMONT CORP 6.56%

FREEPORT MCMORAN INC 5.23%

VULCAN MATERIALS CO 4.89%

STEEL DYNAMICS INC 4.77%

MARTIN MARIETTA MATERIALS 4.62%

CRH PLC 4.47%

DOW INC 3.73%

INTL FLAVORS + FRAGRANCES 3.63%

Check overlap with more funds →

Side by side

NOBL ProShares S&P 500 Dividend Aristocrats ETF XLB State Street Materials Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer ProShares State Street

What it is Tracks the S&P 500 Dividend Aristocrats Tracks an index of Materials

Total return, 1 year +15.5% +18.5%

Expense ratio 0.35% 0.08%

Already in the S&P 500 98.3% 99.8%

Holdings 69 25

Net assets, NOBL as of Oct 28, 2026 and XLB as of Oct 27, 2026 $11.6bn $8.1bn

NOBL and XLB 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%.

XLB

XLB tracks an index of Materials. Over the year to Oct 28, 2026 it returned +18.5% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 25 positions, with the top ten at 58.5%.

Questions people ask

Which returned more over the last year, NOBL or XLB?: In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and XLB +18.5%.
Which is cheaper, NOBL or XLB?: XLB is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do NOBL and XLB overlap with the S&P 500?: By their latest filed holdings, 98% of NOBL and 100% of XLB by weight is stocks the S&P 500 already holds.

Other comparisons

NOBL vs VPU NOBL vs VDC NOBL vs VDE NOBL vs VOX SDY vs XLB VOE vs XLB RSP vs XLB COWZ vs XLB

Where to next

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

Sources and dates

NOBL filings on SEC EDGAR ↗

NOBL prospectus with the expense ratio (SEC) ↗

ProShares page for NOBL ↗

XLB filings on SEC EDGAR ↗

XLB prospectus with the expense ratio (SEC) ↗

State Street website ↗

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

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