DGRO vs NOBL
DGRO vs NOBL
iShares Core Dividend Growth ETF vs ProShares S&P 500 Dividend Aristocrats ETF
Quick Verdict
DGRO has a lower expense ratio. DGRO delivered stronger 1-year returns. DGRO offers more diversification with 380 holdings.
Side-by-Side Comparison
| Metric | DGRO | NOBL | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.35% | |
| AUM | $42.8B | $11.8B | |
| Dividend Yield | 1.95% | 2.07% | |
| Holdings | 397 | 70 | |
| YTD Return | +14.89% | +12.40% | |
| 1Y Return | +25.17% | +15.29% | |
| 3Y Return (annualized) | +17.52% | +9.09% | |
| 5Y Return (annualized) | +11.34% | +6.83% | |
| Volatility (annualized) | 13.7% | 14.1% | |
| Max Drawdown | -35.1% | -35.4% | |
| Fund Family | iShares by BlackRock (US) | ProShares | |
| Category | Equity | Equity | |
| Inception | Jun 10, 2014 | Oct 9, 2013 |
DGRO vs NOBL Performance
iShares Core Dividend Growth ETF (DGRO) is a ETF from iShares by BlackRock (US) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is a ETF from ProShares. Over the past year DGRO returned +25.17% while NOBL returned +15.29%. Year to date, DGRO is up 14.89% versus a gain of 12.40% for NOBL.
Over three years, DGRO compounded at +17.52% per year against +9.09% for NOBL; over five years the annualized figures are +11.34% and +6.83% respectively. Across the full 12-year window we track, DGRO has the edge at +11.23% annualized vs +9.48%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NOBL has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.7% for DGRO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -35.1% for DGRO and -35.4% for NOBL. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DGRO charges 0.08% per year while NOBL charges 0.35%. On a $10,000 position that is $8 vs $35 annually, a gap of $27 per year that compounds over a long holding period. On income, DGRO currently yields 1.95% against 2.07% for NOBL.
Holdings Overlap
DGRO and NOBL share 49 holdings out of 400 unique holdings combined, representing a 23.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DGRO | Weight in NOBL | Difference |
|---|---|---|---|
| ABBV | 3.03% | 1.70% | 1.33% |
| JNJ | 3.13% | 1.57% | 1.56% |
| XOM | 2.55% | 1.26% | 1.29% |
| PG | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| IBM | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| NEE | Pro | Pro | Pro |
| MCD | Pro | Pro | Pro |
| ABT | Pro | Pro | Pro |
See all 10 holdings DGRO shares with NOBL Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, DGRO or NOBL?
DGRO has an expense ratio of 0.08% while NOBL charges 0.35%. DGRO is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, DGRO or NOBL?
Over the past year DGRO returned +25.17% vs +15.29% for NOBL, so DGRO leads on 1-year performance. Over the longest common window we track (12 years), DGRO annualized +11.23% vs +9.48% for NOBL. Past performance does not guarantee future results.
Which is riskier, DGRO or NOBL?
NOBL has been the more volatile fund at 14.1% annualized versus 13.7% for DGRO. Worst drawdown: DGRO -35.1% vs NOBL -35.4%.
Should I hold both DGRO and NOBL?
DGRO and NOBL have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between DGRO and NOBL?
DGRO and NOBL share 49 common holdings with a 23.9% weight overlap. Combined, they hold 400 unique securities.
Which pays a higher dividend, DGRO or NOBL?
DGRO yields 1.95% while NOBL yields 2.07%, so NOBL currently pays the higher dividend yield.
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