DV
Dividend Vision

Alternatives

Best NOBL Alternatives in 2026

Dividend-growth ETFs to compare with the ProShares Dividend Aristocrats ETF.

Data updated August 2026 · 9 ETFs

ETFs listed9
Avg yield2.42%
Avg expense ratio0.19%

Who this page is for

Best for

  • NOBL holders comparing similar funds, fees, payouts, and strategy design
  • Dividend investors comparing portfolio rules, income, fees, and diversification
  • Investors who will compare total return and NAV trend alongside distribution rate

Not a fit for

  • Investors who have not decided whether current yield or dividend growth is the priority
  • Anyone treating a current distribution rate as guaranteed future income
  • Investors choosing from headline yield alone without reviewing the underlying exposure

Analysis

NOBL equally weights S&P 500 companies with at least 25 consecutive years of dividend growth. VIG, DGRO, DGRW, SCHD, and SDY use different growth histories, quality tests, weighting rules, and eligible universes. Those methodological choices affect sector exposure, yield, turnover, and valuation. Compare index rules and long-run total return rather than assuming every dividend-growth label produces the same portfolio.

See this list inside your portfolio

A ranked list is a starting point. Dividend Vision turns it into a plan — forecasting the income your holdings actually generate and putting each fund's yield next to its total return and risk.

7 days of Pro included · no credit card · free plan afterward

How these alternatives are selected

  • Universe: a hand-curated peer set, split into close peers (9 here — same core exposure and same income mechanism, so a like-for-like swap) and broader substitutes (a different index, underlying asset, or income mechanism). Every fund is labelled in the Strategy fit column; NOBL itself is excluded.
  • Eligibility: active ETFs only — liquidated, delisted, and renamed funds drop out automatically. Leveraged and inverse products are never listed: a daily-reset 2x or -1x fund is not an alternative to a long income position.
  • Ranking: assets under management, a size-and-liquidity proxy. Never ranked by yield — yields are shown as data, not used to order the list.
  • Fit: how each fund's strategy differs from NOBL — and who each one suits — is covered in the strategy notes and FAQ below.

Top picks

Top 3 NOBL alternatives by assets under management.

Yield distribution

0-2%42-5%55-8%08-12%012%+0

Expense ratio distribution

0-0.20%50.20-0.50%4

Income projection

Estimated income if the current average distribution rate of 2.42% held for a full year with share prices unchanged. Distribution rate is not total return—a fund can pay a large distribution while its share price falls—so treat these as an upper-bound illustration, not a forecast.

InvestmentAnnual incomeMonthly incomeWeekly income
$10,000$242$20$5
$25,000$606$50$12
$50,000$1,211$101$23
$100,000$2,422$202$47

Issuer breakdown

Distribution of ETFs by fund issuer. Larger issuers often offer lower expense ratios and higher liquidity.

Vanguard2
Schwab1
iShares1
State Street1
WisdomTree1
Fidelity Investments1
Invesco1
ProShares1

All 9 ETFs

Ticker Name Strategy fit Issuer Yield Expense ratio AUM Frequency
VIGVanguard Dividend Appreciation Index Fund ETF SharesClose peerVanguard1.63%0.06%$113.6BQuarterly
SCHDSchwab U.S. Dividend Equity ETFClose peerSchwab2.93%0.06%$105.7BQuarterly
VYMVanguard High Dividend Yield Index Fund ETF SharesClose peerVanguard2.35%0.06%$83.4BQuarterly
DGROiShares Core Dividend Growth ETFClose peeriShares1.66%0.08%$43.4BQuarterly
SDYSPDR S&P Dividend ETFClose peerState Street2.44%0.35%$22.0BQuarterly
DGRWWisdomTree U.S. Quality Dividend Growth FundClose peerWisdomTree0.78%0.28%$17.2BMonthly
FDVVFidelity High Dividend ETFClose peerFidelity Investments3.23%0.15%$10.4BQuarterly
SPHDInvesco S&P 500 High Dividend Low Volatility ETFClose peerInvesco4.84%0.30%$3.4BMonthly
REGLProShares S&P MidCap 400 Dividend Aristocrats ETFClose peerProShares1.94%0.40%$1.8BQuarterly

Frequently asked questions

What are the best nobl alternatives?

This page lists the top 9 ETFs in this category ranked by key metrics. The list includes funds from issuers like Vanguard, Schwab, iShares, State Street and more.

How often is this list updated?

The data on this page is refreshed regularly using the latest available distribution rates, expense ratios, and AUM figures. Last updated August 2026.

What is the average yield of these ETFs?

The average distribution yield across the 9 ETFs on this list is 2.42%. Individual yields range from 0.78% to 4.84%.

What is the closest alternative to NOBL?

SDY is a close long-history dividend-growth comparison, while VIG and DGRO use broader universes and different growth requirements. SCHD adds quality and yield screens.

What should I compare when choosing a NOBL alternative?

Compare dividend-growth requirements, weighting, sector caps, holdings count, current yield, expense ratio, turnover, valuation, and total return.

Does a higher-yielding NOBL alternative produce a better return?

Not necessarily. Distribution rate measures cash paid, not wealth created. Compare total return, NAV trend, fees, distribution composition, and the amount of upside surrendered by any options overlay.

Explore more

Learn the method

The metrics and risks behind this list, explained in the Academy.

From the blog

Put this list to work in your portfolio

Import or build a portfolio to see income forecasts, upcoming distributions, income concentration, and risk across everything you own — and where a fund's yield and total return diverge.

7 days of Pro included · no credit card · free plan afterward