Data as of Oct 28, 2026.

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NOBL vs XOP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, NOBL returned +15.5% to XOP's +62.5%; 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 $4.6bn on Oct 27, 2026 for State Street SPDR S&P Oil & Gas Exploration & Production ETF.

At a glance
+15.5%
NOBL total return, 1 year
+62.5%
XOP total return, 1 year
0.35%
NOBL expense ratio
0.35%
XOP expense ratio

Pair scorecard

Both cost 0.35% a year; their one-year returns differ by 47.0 points; NOBL is 2.5 times larger.

NOBL vs XOP: Differences, Returns & Fees
MeasureNOBLXOP
Return
Total return, 1 year+15.5%+62.5%
Drawdown
Below its high24.8%, high on Jun 23, 2014
Benchmark
What it tracksS&P 500 Dividend Aristocrats IndexS&P Oil & Gas Exploration & Production Select Industry Index
Cost and size
Expense ratio0.35%0.35%
Net assets, as of Oct 27, 2026$11.7bn$4.6bn
Holdings
Holdings in common3%
In the S&P 500, by weight98%
Top ten holdings, share of the fund17.0%

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

Risk and return

Oct 18, 2013 to Oct 23, 2026 · 679 weekly returns
NOBL XOP
Return
Total return edge NOBL +264.8% −12.7%
Annualized edge NOBL +10.4% −1.0%
Price return edge NOBL +179.1% −30.7%
Risk
Volatility edge NOBL 15.4% 37.1%
Max drawdown edge NOBL −31.7% −89.6%
Risk-adjusted
Sharpe edge NOBL 0.59 0.11
Sortino edge NOBL 0.84 0.15
Calmar edge NOBL 0.33 −0.01
Reading

NOBL returned more: +264.8% to −12.7%. NOBL swung less: 15.4% to 37.1%. NOBL fell less at its worst: −31.7% to −89.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: NOBL vs XOP: Differences, Returns & Fees
MeasureNOBLXOPEdgeHow it is measured
Return
Total return+264.8%−12.7%NOBLPrice change plus distributions, reinvested.
Annualized+10.4%−1.0%NOBLTotal return as a yearly rate.
Price return+179.1%−30.7%NOBLPrice change alone, distributions left out.
Risk
Volatility15.4%37.1%NOBLSpread of weekly returns, annualized. Lower is steadier.
Downside deviation10.8%26.4%NOBLLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−31.7%−89.6%NOBLDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.590.11NOBLReturn above Treasury bills per unit of volatility.
Sortino0.840.15NOBLReturn above Treasury bills per unit of downside deviation.
Calmar0.33−0.01NOBLAnnualized 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

3%

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

0 half 100%

half

3% in common

Positions both hold · largest shared weight first NOBL XOP
CHEVRON CORP 1.66% 2.75%
EXXONMOBIL HOLDINGS CORP 1.63% 2.82%
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%
ERIE INDEMNITY COMPANY-CL A 1.64%
MEDTRONIC PLC 1.61%
Only in XOP
RANGE RESOURCES CORP 3.48%
APA CORP 2.92%
MURPHY OIL CORP 2.89%
OVINTIV INC 2.85%
EOG RESOURCES INC 2.82%
MARATHON PETROLEUM CORP 2.81%
CONOCOPHILLIPS 2.79%
PERMIAN RESOURCES CORP CL A 2.78%
Check overlap with more funds →

Side by side

NOBL ProShares S&P 500 Dividend Aristocrats ETF XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Dividend Aristocrats Tracks the S&P Oil & Gas Exploration & Production
Total return, 1 year +15.5% +62.5%
Expense ratio 0.35% 0.35%
Holdings 69 52
Net assets, NOBL as of Oct 28, 2026 and XOP as of Oct 27, 2026 $11.6bn $4.6bn

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

Client brief · page 1 of 2 Report BR-0D07BD7249

NOBL and XOP do different jobs. What does each one do in a portfolio?

  1. What each follows. NOBL follows S&P 500 Dividend Aristocrats Index and XOP follows S&P Oil & Gas Exploration & Production Select Industry Index.
  2. Holdings in common. 3% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 NOBL returned +15.5% and XOP +62.5% with distributions reinvested, a gap of 47.0 points.

Data as of Oct 28, 2026.

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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%.

XOP

XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Oct 28, 2026 it returned +62.5% with distributions reinvested. It sat 24.8% below its high of Jun 23, 2014 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, NOBL or XOP?
In the year to Oct 28, 2026, with distributions reinvested, NOBL returned +15.5% and XOP +62.5%.
Which is cheaper, NOBL or XOP?
Neither: NOBL and XOP both charge 0.35% a year. Fees come from each fund's prospectus.
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ETFIQ, NOBL against XOP, data as of Oct 28, 2026. https://etfiq.com/compare/any/nobl-vs-xop

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