NOBL vs SCHD
NOBL vs SCHD
ProShares S&P 500 Dividend Aristocrats ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | NOBL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.06% | |
| AUM | $11.8B | $103.7B | |
| Dividend Yield | 2.07% | 3.31% | |
| Holdings | 70 | 104 | |
| YTD Return | +11.82% | +23.53% | |
| 1Y Return | +15.08% | +30.95% | |
| 3Y Return (annualized) | +8.65% | +14.72% | |
| 5Y Return (annualized) | +6.68% | +9.56% | |
| Volatility (annualized) | 14.1% | 13.6% | |
| Max Drawdown | -35.4% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 9, 2013 | Oct 20, 2011 |
NOBL vs SCHD Performance
ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NOBL returned +15.08% while SCHD returned +30.95%. Year to date, NOBL is up 11.82% versus a gain of 23.53% for SCHD.
Over three years, NOBL compounded at +8.65% per year against +14.72% for SCHD; over five years the annualized figures are +6.68% and +9.56% respectively. Across the full 13-year window we track, SCHD has the edge at +11.35% annualized vs +9.44%. 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 13.6% for SCHD. 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 -35.4% for NOBL and -33.4% for SCHD. 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NOBL charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, NOBL currently yields 2.07% against 3.31% for SCHD.
Holdings Overlap
NOBL and SCHD share 13 holdings out of 156 unique holdings combined, representing a 14.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NOBL | Weight in SCHD | Difference |
|---|---|---|---|
| ABT | 1.41% | 4.49% | 3.08% |
| KO | 1.52% | 4.08% | 2.56% |
| PG | 1.44% | 4.15% | 2.71% |
| CVX | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| ADP | Pro | Pro | Pro |
| TGT | Pro | Pro | Pro |
| FAST | Pro | Pro | Pro |
| ADM | Pro | Pro | Pro |
| KMB | Pro | Pro | Pro |
See all 10 holdings NOBL shares with SCHD 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, NOBL or SCHD?
NOBL has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, NOBL or SCHD?
Over the past year NOBL returned +15.08% vs +30.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), NOBL annualized +9.44% vs +11.35% for SCHD. Past performance does not guarantee future results.
Which is riskier, NOBL or SCHD?
NOBL has been the more volatile fund at 14.1% annualized versus 13.6% for SCHD. Worst drawdown: NOBL -35.4% vs SCHD -33.4%.
Should I hold both NOBL and SCHD?
NOBL and SCHD have a monthly-return correlation of 0.93, 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 NOBL and SCHD?
NOBL and SCHD share 13 common holdings with a 14.7% weight overlap. Combined, they hold 156 unique securities.
Which pays a higher dividend, NOBL or SCHD?
NOBL yields 2.07% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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