NOBL vs SCHD: Holdings Overlap
NOBLProShares S&P 500 Dividend Aristocrats ETF
ProShares · 69 holdings · $11.9B · as of 2026-05-31
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
How similar are NOBL and SCHD?
ProShares S&P 500 Dividend Aristocrats ETF (NOBL, by ProShares) holds 69 positions; Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99. They have 13 holdings in common, and by portfolio weight the two funds are 14.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 14.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13NOBL holds 69 · SCHD holds 99
- Weight in Shared Holdings
- NOBL 19%·SCHD 26%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 NOBL
56 of 69 positions (80.8% of the fund) are not held by SCHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | NOBL | SCHD |
|---|---|---|
| Consumer Staples | 23.5% | 18.4% |
| Industrials | 21.8% | 10.8% |
| Health Care | 10.2% | 18.3% |
| Information Technology | 3.0% | 15.8% |
| Energy | 2.9% | 14.6% |
| Other Sectors | 38.4% | 21.8% |
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 |
|---|---|---|---|---|---|---|---|
| NOBL | +1.6% | +13.4% | +15.9% | +9.0% | +6.9% | +10.0% | 1.99% |
| SCHD | +4.2% | +25.6% | +31.4% | +14.9% | +9.7% | +12.8% | 3.09% |
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 NOBL vs SCHD →
Shared Holdings(13)
The top 10 shared positions account for 91% of the overlap, led by ADP, KO and PG.
 ADPAutomatic Data Processing, Inc. | 1.60% | 2.25% | 1.60% |
|---|---|---|---|
 KOCoca-Cola Co. (The) | 1.55% | 3.96% | 1.55% |
 PGProcter & Gamble Co. (The) | 1.48% | 3.55% | 1.48% |
 CVXChevron Corp. | 1.44% | 3.83% | 1.44% |
 TGTTarget Corp. | 1.41% | 1.45% | 1.41% |
 PEPPepsiCo, Inc. | 1.36% | 3.44% | 1.36% |
 ABTAbbott Laboratories | 1.35% | 2.96% | 1.35% |
 FASTFastenal Co. | 1.42% | 1.28% | 1.28% |
 ADMArcher-Daniels-Midland Co. | 1.67% | 0.96% | 0.96% |
 KMBKimberly-Clark Corp. | 1.48% | 0.81% | 0.81% |
 CINFCincinnati Financial Corp. | 1.39% | 0.62% | 0.62% |
 TROWT. Rowe Price Group, Inc. | 1.55% | 0.57% | 0.57% |
 ERIEErie Indemnity Co., Class A | 1.23% | 0.14% | 0.14% |
Frequently Asked Questions
How much do NOBL and SCHD overlap?
NOBL and SCHD overlap by 14.6% of portfolio weight. They share 13 holdings (NOBL holds 69 positions and SCHD holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NOBL and SCHD?
The two portfolios are 14.6% 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 NOBL and SCHD?
The largest positions held by both funds are ADP, KO, PG, CVX and TGT. Together the top 10 shared positions account for 91% of the total overlap.
What does NOBL own that SCHD doesn't?
56 positions (80.8% of NOBL) are unique to NOBL, led by NUE, WST and IBM. In the other direction, 86 positions (74.0% of SCHD) are unique to SCHD.