NOBL vs VOO
NOBL vs VOO
ProShares S&P 500 Dividend Aristocrats ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | NOBL | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | $11.8B | $979.0B | |
| Dividend Yield | 2.07% | 1.09% | |
| Holdings | 70 | 509 | |
| YTD Return | +12.40% | +13.80% | |
| 1Y Return | +15.29% | +23.71% | |
| 3Y Return (annualized) | +9.09% | +21.50% | |
| 5Y Return (annualized) | +6.83% | +13.44% | |
| Volatility (annualized) | 14.1% | 14.1% | |
| Max Drawdown | -35.4% | -34.3% | |
| Fund Family | ProShares | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 9, 2013 | Sep 7, 2010 |
NOBL vs VOO Performance
ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is a ETF from ProShares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NOBL returned +15.29% while VOO returned +23.71%. Year to date, NOBL is up 12.40% versus a gain of 13.80% for VOO.
Over three years, NOBL compounded at +9.09% per year against +21.50% for VOO; over five years the annualized figures are +6.83% and +13.44% respectively. Across the full 13-year window we track, VOO has the edge at +13.58% annualized vs +9.48%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 14.1% for NOBL. 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 -34.3% for VOO. 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NOBL charges 0.35% per year while VOO charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, NOBL currently yields 2.07% against 1.09% for VOO.
Holdings Overlap
NOBL and VOO share 68 holdings out of 506 unique holdings combined, representing a 11.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NOBL | Weight in VOO | Difference |
|---|---|---|---|
| JNJ | 1.57% | 0.95% | 0.62% |
| CAT | 1.66% | 0.76% | 0.90% |
| ABBV | 1.70% | 0.69% | 1.01% |
| XOM | Pro | Pro | Pro |
| IBM | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| LIN:IE | Pro | Pro | Pro |
| WST | Pro | Pro | Pro |
See all 10 holdings NOBL shares with VOO 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 VOO?
NOBL has an expense ratio of 0.35% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, NOBL or VOO?
Over the past year NOBL returned +15.29% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (13 years), NOBL annualized +9.48% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, NOBL or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 14.1% for NOBL. Worst drawdown: NOBL -35.4% vs VOO -34.3%.
Should I hold both NOBL and VOO?
NOBL and VOO have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NOBL and VOO?
NOBL and VOO share 68 common holdings with a 11.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, NOBL or VOO?
NOBL yields 2.07% while VOO yields 1.09%, so NOBL currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.