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ETF Comparison

VIG vs NOBL: Which Is the Better Pick in 2026?

A head-to-head comparison of Vanguard Dividend Appreciation Index Fund ETF Shares and ProShares S&P 500 Dividend Aristocrats ETF covering yield, cost, risk, and income potential.

Data updated April 5, 2026

Side-by-side snapshot

VIGNOBL
Full nameVanguard Dividend Appreciation Index Fund ETF SharesProShares S&P 500 Dividend Aristocrats ETF
IssuerVanguardProShares
Price$215.68$105.97
Distribution yield1.56%1.94%
Expense ratio0.04%0.35%
AUM$123.8B$12.0B
Distribution frequencyQuarterlyQuarterly
Underlying indexBasket (Vanguard Dividend Appreciation ETF holdings)S&P 500 Dividend Aristocrats Index
ObjectiveSeeks to track the performance of the S&P U.S. Dividend Growers Index, which consists of common stocks of companies that have a record of at least 10 years of increasing regular cash dividend payments.Dividend Income
Asset classEquityEquity
Inception date04/21/200610/09/2013
Beta0.810.76
Last dividend$0.83$0.51
Ex-dividend date03/27/202603/25/2026

Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

VIG (Vanguard Dividend Appreciation Index Fund ETF Shares) and NOBL (ProShares S&P 500 Dividend Aristocrats ETF) are both popular quarterly-pay seeks to track the performance of the s&p u.s. dividend growers index, which consists of common stocks of companies that have a record of at least 10 years of increasing regular cash dividend payments. ETFs, but they take different approaches.

NOBL offers the higher yield at 1.94% vs 1.56% for VIG. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

VIG is cheaper with an expense ratio of 0.04% compared to 0.35%.

They track different benchmarks: VIG is linked to Basket (Vanguard Dividend Appreciation ETF holdings) while NOBL tracks S&P 500 Dividend Aristocrats Index, which means their performance drivers differ.

VIG is the larger fund by assets ($123.8B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, VIG would generate roughly $13.00/month while NOBL would produce $16.17/month at current distribution rates. Both pay quarterly distributions.

VIG yield1.56%
NOBL yield1.94%
Monthly diff on $10K$3.17

Cost & efficiency

Over 10 years on $10,000, VIG would cost approximately $40 in fees vs $350 for NOBL (simplified, not compounded). The $310.00 difference may be offset by yield or performance.

VIG ER0.04%
NOBL ER0.35%

Strategy & risk

VIG tracks Basket (Vanguard Dividend Appreciation ETF holdings) with a seeks to track the performance of the s&p u.s. dividend growers index, which consists of common stocks of companies that have a record of at least 10 years of increasing regular cash dividend payments. approach, while NOBL tracks S&P 500 Dividend Aristocrats Index using a dividend income strategy. Beta is 0.81 for VIG and 0.76 for NOBL, indicating NOBL is less volatile relative to the market.

VIG beta0.81
NOBL beta0.76

Fund details

VIG is managed by Vanguard (launched 04/21/2006) with $123.8B in assets. NOBL is managed by ProShares (launched 10/09/2013) with $12.0B in assets.

VIG AUM$123.8B
NOBL AUM$12.0B

Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

Frequently asked questions

Is VIG or NOBL better for dividend income?

It depends on your goals. NOBL currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between VIG and NOBL?

VIG (Vanguard Dividend Appreciation Index Fund ETF Shares) tracks Basket (Vanguard Dividend Appreciation ETF holdings) with a seeks to track the performance of the s&p u.s. dividend growers index, which consists of common stocks of companies that have a record of at least 10 years of increasing regular cash dividend payments. strategy, while NOBL (ProShares S&P 500 Dividend Aristocrats ETF) tracks S&P 500 Dividend Aristocrats Index with a dividend income approach. They are issued by Vanguard and ProShares respectively.

Can I hold both VIG and NOBL?

Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.

Which has lower fees, VIG or NOBL?

VIG has an expense ratio of 0.04% while NOBL charges 0.35%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in VIG vs NOBL generate?

At current yields, $10,000 in VIG would generate roughly $13.00 per month ($156.00 annually). The same in NOBL would produce about $16.17 per month ($194.00 annually).

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