NOBL ETF — ProShares S&P 500 Dividend Aristocrats ETF

ProShares S&P 500 Dividend Aristocrats ETF (NOBL)

NOBL is an ETF that tracks the S&P 500 Dividend Aristocrats Index. As of August 19, 2026, its distribution rate is 2.09%, its trailing-12-month yield is 2.00%, its expense ratio is 0.35%. Dividend Vision Distribution Safety Score™ is 96/100 (Safe). Fund total return is 271.1% over the past 12.9 years, 191.9 points behind SPY at 463.0%.

At the current 2.09% distribution rate, a $10,000 investment would generate approximately $209 per year, or $17.42 per month on an equivalent basis. Actual quarterly payments vary.

ProShares S&P 500 Dividend Aristocrats ETF tracks the S&P 500 Dividend Aristocrats Index, holding large-cap U.S. companies that have increased their dividends annually for at least 25 consecutive years. The fund distributes dividends quarterly at a modest current distribution rate, with an expense ratio of 0.35%. It appeals to income investors seeking dividend growth and relative stability through companies with long histories of returning cash to shareholders.

NOBL performance versus SPY

Data as of August 19, 2026.

Fund total return is 271.1% over the past 12.9 years, 191.9 points behind SPY at 463.0%. Its deepest 1-year drawdown was 9.1%.

NOBL key facts

Data as of August 19, 2026.

Distribution Safety Score™

96 · Safe

Safety-Adjusted Yield

2.01%

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

10/09/2013

Expense ratio

0.35%

Distribution rate

2.09%

Distribution frequency

Quarterly

Trailing yield

2.00%

30-day SEC yield

2.18%

Last close

$58.14

AUM

$11,953,048,782

Average volume

1060834.0

Last dividend

$0.3037

Ex-dividend date

06/24/2026

Payment date

06/30/2026

Beta

0.59

P/E ratio

23.3075

How Dividend Vision calculates yield and returns

Distribution rate (2.09%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.00%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (2.18%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: ProShares fund page; Index: S&P 500 Dividend Aristocrats Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NOBL risks and drawbacks

NOBL's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.1%.

Who may consider NOBL — and who may not

NOBL may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (NOBL pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare NOBL

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Frequently asked questions

More funds from ProShares.