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