NOBL vs SPYD
ProShares S&P 500 Dividend Aristocrats ETF vs State Street SPDR Portfolio S&P 500 High Dividend ETF
Last updated: 2026-04-08
ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is an exchange-traded fund that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges an above-average expense ratio of 0.35%. The fund offers a moderate dividend yield of 2.12%. Launched in 2013, the fund has a 13-year track record.
State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is an exchange-traded fund that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.07%. The fund offers a high dividend yield of 4.35%. Launched in 2015, the fund has a 11-year track record.
Quick Verdict
SPYD is significantly cheaper at 0.07% vs 0.35% expense ratio, saving you approximately $550 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (18.3% vs 17.9%), tracking closely. Income investors may prefer SPYD for its higher yield (4.3% vs 2.1%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
1 of top 10 holdings overlap (10% overlap in top holdings)
NOBL Top Holdings
| Name | Weight |
|---|---|
| Exxon Mobil CorporationXOM | 1.83% |
| Chevron CorporationCVX | 1.78% |
| Target CorporationTGT | 1.72% |
| Linde plcLIN | 1.70% |
| Air Products and Chemicals, Inc.APD | 1.67% |
| Caterpillar Inc.CAT | 1.67% |
| Atmos Energy CorporationATO | 1.67% |
| NextEra Energy, Inc.NEE | 1.65% |
| Johnson & JohnsonJNJ | 1.65% |
| Consolidated Edison, Inc.ED | 1.65% |
SPYD Top Holdings
| Name | Weight |
|---|---|
| APA CorporationAPA | 1.99% |
| LyondellBasell Industries N.V.LYB | 1.86% |
| Dow Inc.DOW | 1.75% |
| EOG Resources, Inc.EOG | 1.62% |
| Verizon Communications Inc.VZ | 1.54% |
| Phillips 66PSX | 1.54% |
| AT&T Inc.T | 1.48% |
| Edison InternationalEIX | 1.48% |
| Chevron CorporationCVX | 1.46% |
| ONEOK, Inc.OKE | 1.43% |
Which One Should You Choose?
Choose SPYD if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose SPYD if...
you prioritize dividend income and want higher regular distributions from your portfolio.
Either works if...
you just need broad us dividend exposure. Both are solid options — pick whichever your brokerage offers commission-free.