DGRW vs NOBL: Holdings Overlap
DGRWWisdomTree U.S. Quality Dividend Growth Fund
WisdomTree · 198 holdings · $17.2B · as of 2026-03-31
NOBLProShares S&P 500 Dividend Aristocrats ETF
ProShares · 69 holdings · $11.9B · as of 2026-05-31
Holdings snapshots are 61 days apart (DGRW: 2026-03-31, 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 DGRW and NOBL?
WisdomTree U.S. Quality Dividend Growth Fund (DGRW, by WisdomTree) holds 198 positions; ProShares S&P 500 Dividend Aristocrats ETF (NOBL, by ProShares) holds 69. They have 27 holdings in common, and by portfolio weight the two funds are 19.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 19.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 27DGRW holds 198 · NOBL holds 69
- Weight in Shared Holdings
- DGRW 26%·NOBL 39%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 DGRW
171 of 198 positions (74.4% of the fund) are not held by NOBL. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRW | NOBL |
|---|---|---|
| Information Technology | 28.5% | 3.0% |
| Consumer Staples | 7.2% | 23.5% |
| Industrials | 10.3% | 21.8% |
| Health Care | 13.8% | 10.2% |
| Communication Services | 12.9% | 0.0% |
| Other Sectors | 27.2% | 41.2% |
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 |
|---|---|---|---|---|---|---|---|
| DGRW | +3.9% | +12.6% | +18.6% | +15.8% | +12.2% | +14.1% | 1.23% |
| 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 DGRW vs NOBL →
Shared Holdings(27)
The top 10 shared positions account for 72% of the overlap, led by ABBV, KO and PG.
 ABBVAbbVie Inc. COM | 1.93% | 1.56% | 1.56% |
|---|---|---|---|
 KOCoca-Cola Co (The) COM | 2.95% | 1.55% | 1.55% |
 PGThe Procter & Gamble Co. COM | 1.51% | 1.48% | 1.48% |
 JNJJohnson & Johnson COM | 2.43% | 1.46% | 1.46% |
 CVXChevron Corp. COM | 1.87% | 1.44% | 1.44% |
 XOMExxon Mobil Corp. COM | 3.50% | 1.44% | 1.44% |
 MCDMcDonald's Corp. COM | 1.95% | 1.36% | 1.36% |
 ABTAbbott Laboratories COM | 1.43% | 1.35% | 1.35% |
 CATCaterpillar Inc COM | 1.29% | 1.60% | 1.29% |
 WMTWalmart Inc COM | 1.11% | 1.31% | 1.11% |
 IBMInternational Business Machines Corp. COM | 1.04% | 1.71% | 1.04% |
 ADPAutomatic Data Processing, Inc. COM | 0.69% | 1.60% | 0.69% |
 ITWIllinois Tool Works Inc. COM | 0.66% | 1.34% | 0.66% |
 SHWThe Sherwin-Williams Company COM | 0.54% | 1.33% | 0.54% |
 ECLEcolab Inc. COM | 0.43% | 1.39% | 0.43% |
 SPGIS&P Global Inc COM | 0.41% | 1.40% | 0.41% |
 NUENucor Corporation COM | 0.33% | 1.76% | 0.33% |
 SYYSysco Corporation COM | 0.31% | 1.49% | 0.31% |
 DOVDover Corporation COM | 0.24% | 1.41% | 0.24% |
 CINFCincinnati Financial Corporation COM | 0.23% | 1.39% | 0.23% |
 CTASCintas Corporation COM | 0.20% | 1.42% | 0.20% |
 CHRWC.H. Robinson Worldwide Inc COM NEW | 0.17% | 1.43% | 0.17% |
 GWWW.w. Grainger Inc. COM | 0.09% | 1.54% | 0.09% |
 FASTFastenal Co. COM | 0.09% | 1.42% | 0.09% |
 AOSSmith(Ao)Corp COM | 0.06% | 1.28% | 0.06% |
Frequently Asked Questions
How much do DGRW and NOBL overlap?
DGRW and NOBL overlap by 19.6% of portfolio weight. They share 27 holdings (DGRW holds 198 positions and NOBL holds 69), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRW and NOBL?
The two portfolios are 19.6% 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 DGRW and NOBL?
The largest positions held by both funds are ABBV, KO, PG, JNJ and CVX. Together the top 10 shared positions account for 72% of the total overlap.
What does DGRW own that NOBL doesn't?
171 positions (74.4% of DGRW) are unique to DGRW, led by NVDA, AAPL and MSFT. In the other direction, 42 positions (60.5% of NOBL) are unique to NOBL.