NOBL vs SPYD: Holdings Overlap
NOBLProShares S&P 500 Dividend Aristocrats ETF
ProShares · 69 holdings · $11.9B · as of 2026-05-31
SPYDState Street® SPDR® Portfolio S&P 500® High Dividend ETF
State Street (SPDR) · 80 holdings · $7.7B · as of 2026-08-06
Holdings snapshots are 67 days apart (NOBL: 2026-05-31, SPYD: 2026-08-06). 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 NOBL and SPYD?
ProShares S&P 500 Dividend Aristocrats ETF (NOBL, by ProShares) holds 69 positions; State Street® SPDR® Portfolio S&P 500® High Dividend ETF (SPYD, by State Street (SPDR)) holds 80. They have 18 holdings in common, and by portfolio weight the two funds are 22.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18NOBL holds 69 · SPYD holds 80
- Weight in Shared Holdings
- NOBL 27%·SPYD 23%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
51 of 69 positions (73.2% of the fund) are not held by SPYD. Showing the top 30 by weight.
Sector Breakdown
| Sector | NOBL | SPYD |
|---|---|---|
| Real Estate | 4.6% | 24.3% |
| Consumer Staples | 23.5% | 15.0% |
| Industrials | 21.8% | 5.1% |
| Financials | 12.7% | 14.0% |
| Materials | 11.5% | 7.7% |
| Other Sectors | 25.6% | 33.4% |
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% |
| SPYD | +2.8% | +17.9% | +21.3% | +14.3% | +9.3% | +8.7% | 4.07% |
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 SPYD →
Shared Holdings(18)
The top 10 shared positions account for 57% of the overlap, led by SWK, AMCR and CLX.
 SWKStanley Black & Decker, Inc. COM | 1.53% | 1.40% | 1.40% |
|---|---|---|---|
 AMCRAmcor PLC COM NEW | 1.38% | 1.35% | 1.35% |
 CLXThe Clorox Company COM | 1.32% | 1.36% | 1.32% |
 TGTTarget Corp. COM | 1.41% | 1.32% | 1.32% |
 BENFranklin Resources Inc. COM | 1.67% | 1.30% | 1.30% |
 MDTMedtronic PLC USD0.0001 | 1.32% | 1.30% | 1.30% |
 PEPPepsico Inc COM | 1.36% | 1.26% | 1.26% |
 SJMThe J M Smucker Company COM NEW | 1.58% | 1.24% | 1.24% |
 MKCMcCormick & Company, Incorporated COM NON VTG | 1.34% | 1.24% | 1.24% |
 KVUEKenvue Inc. COM | 1.46% | 1.24% | 1.24% |
 KMBKimberly-Clark Corporation COM | 1.48% | 1.23% | 1.23% |
 HRLHormel Foods Corp COM | 1.60% | 1.23% | 1.23% |
 CVXChevron Corp. COM | 1.44% | 1.21% | 1.21% |
 TROWPrice T Rowe Group Inc. COM | 1.55% | 1.21% | 1.21% |
 ESSEssex Property Trust, Inc. COM | 1.58% | 1.20% | 1.20% |
 ESEversource Energy COM | 1.50% | 1.20% | 1.20% |
 ORealty Income Corporation COM | 1.40% | 1.19% | 1.19% |
 FRTFederal Realty Investment Trust SH BEN INT NEW | 1.58% | 1.17% | 1.17% |
Frequently Asked Questions
How much do NOBL and SPYD overlap?
NOBL and SPYD overlap by 22.6% of portfolio weight. They share 18 holdings (NOBL holds 69 positions and SPYD holds 80), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NOBL and SPYD?
The two portfolios are 22.6% 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 SPYD?
The largest positions held by both funds are SWK, AMCR, CLX, TGT and BEN. Together the top 10 shared positions account for 57% of the total overlap.
What does NOBL own that SPYD doesn't?
51 positions (73.2% of NOBL) are unique to NOBL, led by NUE, WST and IBM. In the other direction, 62 positions (76.8% of SPYD) are unique to SPYD.