NOBL vs VYM: Holdings Overlap
NOBLProShares S&P 500 Dividend Aristocrats ETF
ProShares · 69 holdings · $11.9B · as of 2026-05-31
VYMVanguard High Dividend Yield Index Fund
Vanguard · 608 holdings · $83.4B · as of 2026-04-30
Holdings snapshots are 31 days apart (NOBL: 2026-05-31, VYM: 2026-04-30). 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 VYM?
ProShares S&P 500 Dividend Aristocrats ETF (NOBL, by ProShares) holds 69 positions; Vanguard High Dividend Yield Index Fund (VYM, by Vanguard) holds 608. They have 51 holdings in common, and by portfolio weight the two funds are 22.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 51NOBL holds 69 · VYM holds 608
- Weight in Shared Holdings
- NOBL 74%·VYM 24%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
18 of 69 positions (25.5% of the fund) are not held by VYM.
Sector Breakdown
| Sector | NOBL | VYM |
|---|---|---|
| Consumer Staples | 23.5% | 8.1% |
| Industrials | 21.8% | 12.7% |
| Financials | 12.7% | 20.6% |
| Information Technology | 3.0% | 16.7% |
| Health Care | 10.2% | 12.1% |
| Other Sectors | 28.5% | 29.2% |
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 |
|---|---|---|---|---|---|---|---|
| NOBL | +1.6% | +13.4% | +15.9% | +9.0% | +6.9% | +10.0% | 1.99% |
| VYM | +3.1% | +16.8% | +26.1% | +18.1% | +12.5% | +11.9% | 2.19% |
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 VYM →
Shared Holdings(51)
The top 10 shared positions account for 59% of the overlap, led by CAT, ABBV and JNJ.
 CATCaterpillar Inc COM | 1.60% | 1.72% | 1.60% |
|---|---|---|---|
 ABBVAbbVie Inc. COM | 1.56% | 1.56% | 1.56% |
 JNJJohnson & Johnson COM | 1.46% | 2.30% | 1.46% |
 PGThe Procter & Gamble Co. COM | 1.48% | 1.44% | 1.44% |
 CVXChevron Corp. COM | 1.44% | 1.51% | 1.44% |
 XOMExxon Mobil Corp. COM | 1.44% | 2.72% | 1.44% |
 KOCoca-Cola Co (The) COM | 1.55% | 1.28% | 1.28% |
 LINLinde PLC COM EUR0.001 | 1.47% | 0.98% | 0.98% |
 PEPPepsico Inc COM | 1.36% | 0.90% | 0.90% |
 IBMInternational Business Machines Corp. COM | 1.71% | 0.89% | 0.89% |
 MCDMcDonald's Corp. COM | 1.36% | 0.87% | 0.87% |
 NEENextEra Energy Inc COM | 1.41% | 0.85% | 0.85% |
 ABTAbbott Laboratories COM | 1.35% | 0.65% | 0.65% |
 LOWLowes Companies, Inc. COM | 1.25% | 0.56% | 0.56% |
 AEXChubb Ltd. Switzerland ORD CHF24.15 | 1.39% | 0.50% | 0.50% |
 MDTMedtronic PLC USD0.0001 | 1.32% | 0.43% | 0.43% |
 GDGeneral Dynamics Corporation COM | 1.56% | 0.36% | 0.36% |
 ADPAutomatic Data Processing, Inc. COM | 1.60% | 0.36% | 0.36% |
 EMREmerson Electric Co. COM | 1.46% | 0.33% | 0.33% |
 ITWIllinois Tool Works Inc. COM | 1.34% | 0.31% | 0.31% |
 CLColgate-Palmolive Co. COM | 1.61% | 0.29% | 0.29% |
 APDAir Products & Chemicals, Inc. COM | 1.39% | 0.28% | 0.28% |
 TGTTarget Corp. COM | 1.41% | 0.25% | 0.25% |
 AFLAflac Incorporated COM | 1.42% | 0.22% | 0.22% |
 NUENucor Corporation COM | 1.76% | 0.22% | 0.22% |
Frequently Asked Questions
How much do NOBL and VYM overlap?
NOBL and VYM overlap by 22.0% of portfolio weight. They share 51 holdings (NOBL holds 69 positions and VYM holds 608), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NOBL and VYM?
The two portfolios are 22.0% 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 VYM?
The largest positions held by both funds are CAT, ABBV, JNJ, PG and CVX. Together the top 10 shared positions account for 59% of the total overlap.
What does NOBL own that VYM doesn't?
18 positions (25.5% of NOBL) are unique to NOBL, led by WST, ESS and FRT. In the other direction, 557 positions (75.2% of VYM) are unique to VYM.