DON vs NOBL: Holdings Overlap
DONWisdomTree U.S. Midcap Dividend Fund
WisdomTree · 295 holdings · $4.1B · 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 (DON: 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 DON and NOBL?
WisdomTree U.S. Midcap Dividend Fund (DON, by WisdomTree) holds 295 positions; ProShares S&P 500 Dividend Aristocrats ETF (NOBL, by ProShares) holds 69. They have 12 holdings in common, and by portfolio weight the two funds are 6.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 12DON holds 295 · NOBL holds 69
- Weight in Shared Holdings
- DON 7%·NOBL 17%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 DON
283 of 295 positions (93.0% of the fund) are not held by NOBL. Showing the top 30 by weight.
Sector Breakdown
| Sector | DON | NOBL |
|---|---|---|
| Consumer Staples | 5.0% | 23.5% |
| Financials | 22.3% | 12.7% |
| Industrials | 17.1% | 21.8% |
| Materials | 8.9% | 11.5% |
| Consumer Discretionary | 10.2% | 3.9% |
| Other Sectors | 36.2% | 26.3% |
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 |
|---|---|---|---|---|---|---|---|
| DON | +3.0% | +14.3% | +18.2% | +12.4% | +9.3% | +9.4% | 2.27% |
| 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 DON vs NOBL →
Shared Holdings(12)
The top 10 shared positions account for 94% of the overlap, led by BEN, CLX and SWK.
 BENFranklin Resources Inc. COM | 1.08% | 1.67% | 1.08% |
|---|---|---|---|
 CLXThe Clorox Company COM | 1.00% | 1.32% | 1.00% |
 SWKStanley Black & Decker, Inc. COM | 0.88% | 1.53% | 0.88% |
 SJMThe J M Smucker Company COM NEW | 0.77% | 1.58% | 0.77% |
 ESSEssex Property Trust, Inc. COM | 0.64% | 1.58% | 0.64% |
 ALBAlbemarle Corp COM | 0.51% | 1.30% | 0.51% |
 BF-BBrown-Forman Corp., Class B | 0.45% | 1.31% | 0.45% |
 NDSNNordson Corp COM | 0.39% | 1.49% | 0.39% |
 ERIEErie Indemnity Co., Class A | 0.34% | 1.23% | 0.34% |
 AOSSmith(Ao)Corp COM | 0.33% | 1.28% | 0.33% |
 FRTFederal Realty Investment Trust SH BEN INT NEW | 0.25% | 1.58% | 0.25% |
 FDSFactSet Research Systems Inc. COM | 0.13% | 1.50% | 0.13% |
Frequently Asked Questions
How much do DON and NOBL overlap?
DON and NOBL overlap by 6.8% of portfolio weight. They share 12 holdings (DON holds 295 positions and NOBL holds 69), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DON and NOBL?
The two portfolios are 6.8% 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 DON and NOBL?
The largest positions held by both funds are BEN, CLX, SWK, SJM and ESS. Together the top 10 shared positions account for 94% of the total overlap.
What does DON own that NOBL doesn't?
283 positions (93.0% of DON) are unique to DON, led by APA, VTRS and BBY. In the other direction, 57 positions (82.3% of NOBL) are unique to NOBL.