Is NOBL a good investment?

ProShares - S&P 500 Dividend Aristocrats ETF (NOBL) is a US dividend ETF. As of September 11, 2026, ETF Copilot scores NOBL 4.7 out of 10 — highest on Risk (8.4), lowest on Return (2.9). It trades at 21.3 times earnings, against its own median of 20.9. Its ten largest holdings are 17% of the fund.

Updated September 11, 2026

How is NOBL rated? ETF Copilot scores ProShares - S&P 500 Dividend Aristocrats ETF (NOBL) 4.7 out of 10

As of September 11, 2026, ETF Copilot scores ProShares - S&P 500 Dividend Aristocrats ETF (NOBL) 4.7 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.7 / 10
Growth: 3.6 / 10
Valuation: 6.9 / 10
Risk: 8.4 / 10
Quality: 3.3 / 10
Return: 2.9 / 10

What is NOBL's expense ratio? 0.35% a year

As of September 11, 2026, NOBL charges 0.35% a year, yields 2.40% and holds $11.5B in assets across 69 positions.

ProShares - S&P 500 Dividend Aristocrats ETF (NOBL) — cost, income and size
Measure	NOBL
Expense ratio	0.35%
Dividend yield	2.40%
Assets under management	$11.5B
Holdings	69

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in NOBL's data

S&P 500 Dividend Aristocrats — companies with a long record of rising payouts.

Profit margins trail the typical dividend fund — less cushion for payouts when earnings dip.

EBITDA margin of 23.3% sits well below the category median of 32.0%, though it holds just 69 names. The trailing EBITDA multiple of 15.5x is in line with peers.

A portfolio's dividend-growth anchor, built around companies with decades of rising payouts.

Why did NOBL move this week? It fell 3.2% in the week to September 11, 2026 — Factset Research Systems and Albemarle drove it

NOBL fell 3.2% in the week to September 11, 2026. The holdings that moved it most were Factset Research Systems (−17.0%), Albemarle (−11.1%) and Roper Technologies (−8.0%); International Business Machines (+3.7%) pushed the other way.

Is NOBL expensive right now? It trades at 21.3 times earnings, against its own median of 20.9

As of September 11, 2026, NOBL is more expensive than 60% of its own 114 monthly readings since 2017 — 68 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside NOBL?

What's inside NOBL: Size (Large 60%, Mid 38%, Small 2%); Geography (International 9%, US 91%); Tech 1.7%; AI 0.8%; Memory 0.8%.

What are NOBL's top holdings? The ten largest are 17% of the fund

Roper Technologies, Becton Dickinson and, Erie Indemnity, International Business Machines, Target, Medtronic, Genuine Parts, Chevron, Automatic Data Processing and Nucor are NOBL's largest holdings, in that order.

Less concentrated than 71% of Dividend US ETFs.

Half of NOBL's weight sits in its 33 largest positions, and once those weights are taken into account it behaves like 69 equally weighted holdings.

Cite this

ETF Copilot, “ProShares - S&P 500 Dividend Aristocrats ETF (NOBL) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/nobl