ProShares S&P 500 Dividend Aristocrats ETF (NOBL)

dividend-growth sp-500-subset

Tracks the S&P 500 Dividend Aristocrats Index, which consists of S&P 500 companies that have increased their dividends for at least 25 consecutive years. NOBL has an expense ratio of 0.35%, which is moderate for its specialized focus. The fund distributes dividends quarterly, providing regular income to investors. Regarding its portfolio composition, NOBL typically holds between 60 to 70 stocks, representing a concentrated subset of the S&P 500. The ETF employs an equal-weight methodology, meaning each company in the index is given approximately the same weighting at each rebalancing, regardless of market capitalization. This approach helps to reduce concentration risk and provides more balanced exposure across all holdings. NOBL's focus on consistent dividend growers aims to offer investors exposure to quality companies with potentially stable returns and income growth potential.