ProShares - S&P 500 Dividend Aristocrats ETF

Frequently Asked Questions About NOBL

What does NOBL invest in?

This fund allocates a minimum of 80% of its total capital to the constituent equities of its reference index. The benchmark itself is structured to feature at least 40 equally weighted companies, with no single industry sector permitted to exceed 30% of the index's overall composition. The fund's objective is to maintain complete investment in various financial instruments and securities that, in combination, aim to replicate the index's performance, irrespective of prevailing market conditions, trends, or direction.

What is the expense ratio of NOBL?

ProShares - S&P 500 Dividend Aristocrats ETF (NOBL) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NOBL?

ProShares - S&P 500 Dividend Aristocrats ETF (NOBL) manages $11.73B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is NOBL actively managed or an index fund?

NOBL is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (NOBL's is 0.35%) because there's no security selection cost.

When was NOBL launched?

ProShares - S&P 500 Dividend Aristocrats ETF (NOBL) launched in October 2013 and is managed by ProShares.

How has NOBL performed?

NOBL's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.