NOBL's reputation as a safe, reliable dividend ETF is overrated, offering little true risk management during market downturns. The lack of tech exposure has caused NOBL to significantly underperform the S&P 500, Nasdaq, and even the Dow Jones in recent years. Dividend growth and yield have not compensated for price declines or underperformance, especially since the Fed began raising rates; those rates may stay longer than we like, impacting NOBL.
Launched on 10/09/2013, the ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Value category of the market.
The ProShares S&P 500 Dividend Aristocrats ETF is poised to outperform in a market downturn due to its focus on stable high-quality companies. NOBL's strategy of including companies with 25+ years of consecutive dividend increases makes it resilient in volatile markets. NOBL has started to outperform the S&P 500 and NASDAQ year-to-date, signaling a potential trend shift.
![]() NOBL In 1 week Estimated | Quarterly | $0.47 Per Share |
![]() NOBL 2 months ago Paid | Quarterly | $0.47 Per Share |
![]() NOBL 5 months ago Paid | Quarterly | $0.59 Per Share |
![]() NOBL 8 months ago Paid | Quarterly | $0.52 Per Share |
![]() NOBL 11 months ago Paid | Quarterly | $0.55 Per Share |
![]() NOBL 20 Mar 2024 Paid | Quarterly | $0.39 Per Share |
![]() NOBL In 1 week Estimated | Quarterly | $0.47 Per Share |
![]() NOBL 2 months ago Paid | Quarterly | $0.47 Per Share |
![]() NOBL 5 months ago Paid | Quarterly | $0.59 Per Share |
![]() NOBL 8 months ago Paid | Quarterly | $0.52 Per Share |
![]() NOBL 11 months ago Paid | Quarterly | $0.55 Per Share |
![]() NOBL 20 Mar 2024 Paid | Quarterly | $0.39 Per Share |
XBER Exchange | US Country |
The fund described is a dedicated investment vehicle that focuses on replicating the performance of a specific index. This index is defined by having a broad diversification across a minimum of 40 equally weighted stocks, ensuring no single sector overdominates with more than 30% of the index's weight. The fund's strategy is to maintain a full investment position in a mix of securities and/or financial instruments which collectively mirror the returns of the target index, regardless of the prevailing market conditions, trends, or direction. By adhering to a policy of investing at least 80% of its total assets in the components that form the index, the fund positions itself as a stable instrument aiming for consistent exposure to its benchmark.
This product is the core offering, structured to invest a significant majority of its assets into the securities making up a particular index. By doing so, it provides investors with a diversified exposure to the market segments covered by the index. The fund aims to minimize risks associated with market volatility by embracing a diversified and disciplined investment approach, ensuring that no single sector disproportionately influences the fund's performance.
An integral part of the fund's strategy involves capping any single sector's weight to a maximum of 30% of the index composition. This regulation is in place to prevent overexposure to sectorial risks and to promote a balanced and diversified portfolio. By implementing this rule, the fund ensures a healthy spread of investments across different industries, enhancing the potential for stable returns.
The fund adopts an equal weighting approach to its stock selection within the index it tracks. Each of the minimum 40 stocks is given an identical weight in the investment strategy, which means that the performance of smaller companies has the same impact on the index as that of larger companies. This methodology promotes an egalitarian view of investing, where every constituent has the potential to contribute equally to the overall performance of the fund.