DGRO vs NOBL: Holdings Overlap
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · as of 2026-04-30
NOBLProShares S&P 500 Dividend Aristocrats ETF
ProShares · 69 holdings · $11.9B · as of 2026-05-31
Holdings snapshots are 31 days apart (DGRO: 2026-04-30, NOBL: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DGRO and NOBL?
iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394 positions; ProShares S&P 500 Dividend Aristocrats ETF (NOBL, by ProShares) holds 69. They have 53 holdings in common, and by portfolio weight the two funds are 23.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 23.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 53DGRO holds 394 · NOBL holds 69
- Weight in Shared Holdings
- DGRO 28%·NOBL 76%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DGRO
341 of 394 positions (71.8% of the fund) are not held by NOBL. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRO | NOBL |
|---|---|---|
| Consumer Staples | 11.5% | 23.5% |
| Industrials | 11.5% | 21.8% |
| Financials | 21.1% | 12.7% |
| Information Technology | 18.5% | 3.0% |
| Health Care | 16.4% | 10.2% |
| Other Sectors | 20.8% | 28.5% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DGRO | +2.4% | +15.5% | +25.2% | +17.4% | +11.3% | +13.6% | 1.86% |
| NOBL | +1.6% | +13.4% | +15.9% | +9.0% | +6.9% | +10.0% | 1.99% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DGRO vs NOBL →
Shared Holdings(53)
The top 10 shared positions account for 58% of the overlap, led by ABBV, KO and PG.
 ABBVAbbVie Inc. COM | 2.52% | 1.56% | 1.56% |
|---|---|---|---|
 KOCoca-Cola Co (The) COM | 1.79% | 1.55% | 1.55% |
 PGThe Procter & Gamble Co. COM | 2.07% | 1.48% | 1.48% |
 JNJJohnson & Johnson COM | 2.64% | 1.46% | 1.46% |
 XOMExxon Mobil Corp. COM | 2.90% | 1.44% | 1.44% |
 PEPPepsico Inc COM | 1.70% | 1.36% | 1.36% |
 IBMInternational Business Machines Corp. COM | 1.27% | 1.71% | 1.27% |
 NEENextEra Energy Inc COM | 1.23% | 1.41% | 1.23% |
 MCDMcDonald's Corp. COM | 1.04% | 1.36% | 1.04% |
 WMTWalmart Inc COM | 0.95% | 1.31% | 0.95% |
 CATCaterpillar Inc COM | 0.79% | 1.60% | 0.79% |
 ABTAbbott Laboratories COM | 0.79% | 1.35% | 0.79% |
 MDTMedtronic PLC USD0.0001 | 0.72% | 1.32% | 0.72% |
 LINLinde PLC COM EUR0.001 | 0.64% | 1.47% | 0.64% |
 ADPAutomatic Data Processing, Inc. COM | 0.58% | 1.60% | 0.58% |
 LOWLowes Companies, Inc. COM | 0.57% | 1.25% | 0.57% |
 APDAir Products & Chemicals, Inc. COM | 0.39% | 1.39% | 0.39% |
 ITWIllinois Tool Works Inc. COM | 0.39% | 1.34% | 0.39% |
 CLColgate-Palmolive Co. COM | 0.34% | 1.61% | 0.34% |
 AEXChubb Ltd. Switzerland ORD CHF24.15 | 0.32% | 1.39% | 0.32% |
 GDGeneral Dynamics Corporation COM | 0.31% | 1.56% | 0.31% |
 EDConsolidated Edison, Inc. COM | 0.28% | 1.43% | 0.28% |
 EMREmerson Electric Co. COM | 0.28% | 1.46% | 0.28% |
 AFLAflac Incorporated COM | 0.26% | 1.42% | 0.26% |
 SPGIS&P Global Inc COM | 0.25% | 1.40% | 0.25% |
Frequently Asked Questions
How much do DGRO and NOBL overlap?
DGRO and NOBL overlap by 23.1% of portfolio weight. They share 53 holdings (DGRO holds 394 positions and NOBL holds 69), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRO and NOBL?
The two portfolios are 23.1% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of DGRO and NOBL?
The largest positions held by both funds are ABBV, KO, PG, JNJ and XOM. Together the top 10 shared positions account for 58% of the total overlap.
What does DGRO own that NOBL doesn't?
341 positions (71.8% of DGRO) are unique to DGRO, led by AVGO, JPM and AAPL. In the other direction, 16 positions (23.8% of NOBL) are unique to NOBL.