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As of September 27, 2026, ProShares S&P 500 Dividend Aristocrats ETF (NOBL) trades at $54.97. RSI at 24 is in oversold territory, and the price is below its 50-day average of $57.34.

ProShares S&P 500 Dividend Aristocrats ETF (NOBL)

ProShares S&P 500 Dividend Aristocrats ETF CBOE

$54.97 0.2700 (0.49%)
At close: Sep 25, 4:00 PM EDT
AI Analyst Consensus
Buy
75 / 100
ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is designed to track the S&P 500 Dividend Aristocrats Index, focusing on companies with at least 25 consecutive years of dividend increases. The fund employs an equal-weighting strategy to mitigate single-stock concentration risk, offering broad exposure to established U.S. large-cap dividend growers across various sectors. As of September 2026, NOBL has amassed $11.80 billion in net assets with an expense ratio of 0.35%, costing $35.00 per $10,000 invested. The ETF's strategy aims to provide a rules-based approach to dividend growth investing within the S&P 500 framework.

NOBL Price Analysis

Market Metrics

Open
$54.72
Day Range
$54.59 to $55.05
Prev Close
$54.70
Volume
1.14M
52-Week Range
$50.12 to $59.30

NOBL Fund Facts

ProShares S&P 500 Dividend Aristocrats ETF is an exchange-traded fund that seeks to track the performance of the S&P 500 Dividend Aristocrats Index. The fund focuses on companies in the S&P 500 that have increased their dividend payments for at least 25 consecutive years, emphasizing established businesses with long records of shareholder payouts. Its portfolio is equal-weighted, which helps reduce concentration in any single holding and gives broader representation across qualifying companies.

Issuer
ProShares
Category
Large Value
Inception
Oct 9, 2013
Expense ratio
0.35%
Net assets
$11.80B
NAV
$56.48
Distribution yield
2.01%
YTD return
12.35%
Turnover
20.00%

Sector weights

Energy 3.0%
Utilities 5.3%
Healthcare 10.6%
Realestate 4.0%
Technology 5.1%
Industrials 19.6%

Trailing returns vs category

Period NOBL Category
YTD 12.35% 7.82%
1 month 1.42% 6.23%
3 months 8.43% 3.90%
1 year 12.93% 26.16%
3 years 9.34% 15.87%
5 years 6.38% 10.13%
10 years 9.98% 11.26%

Fund reference data as of Sep 27, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.

NOBL Analysis

AI Technical Analysis Buy
As of September 2026, NOBL is trading below its 20-day, 50-day, and 200-day simple moving averages, indicating a bearish short-term trend. The Relative Strength Index (RSI) is at 23.7, classifying it as oversold, and the Stochastic Oscillator is also in oversold territory at 13.10. The MACD is negative at -0.72, further supporting the current bearish momentum. Despite these bearish technicals, the oversold conditions suggest a potential for a rebound.
ProTips
  • Consider NOBL for its dividend growth focus and potential for mean reversion after oversold conditions.
  • Monitor sector rotation within the S&P 500, as shifts away from defensive sectors could impact NOBL.
  • Compare NOBL's long-term performance against its category to assess its strategic effectiveness beyond dividend growth.
Market Outlook
The outlook for NOBL is cautiously optimistic, leaning towards a potential recovery given its oversold technical indicators. While the current trend is bearish, the ETF's consistent dividend growth strategy and its focus on stable, large-cap companies provide a defensive foundation. The significant underperformance against its category over longer periods warrants attention, but the current oversold status suggests that a tactical rebound is possible. Investors should monitor sector performance and interest rate movements, as these factors will heavily influence NOBL's trajectory over the next 6-12 months.

Market Correlations

How this etf moves relative to other assets

Based on 1 year of daily price data. Correlations may vary over different time periods.

S&P 500 (SPY) +0.60
Moderate correlation
Nasdaq 100 (QQQ) +0.38
Weak correlation
Bitcoin (BTC) +0.09
Weak correlation
Gold (XAU) +0.10
Weak correlation
Check Custom Correlation

How does any other asset move with NOBL? One year of daily closes, Pearson correlation.

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Key Statistics

Yield 2.13%
Day High $55.05
Day Low $54.59
52 Week High 59.30
52 Week Low 50.12
NOBL's portfolio is heavily weighted towards Consumer Defensive (22.83%) and Industrials (19.61%), with Financial Services (13.41%) and Healthcare (10.6%) also significant. This sector concentration reflects the nature of dividend aristocrats, which are often mature companies in stable industries. The fund's equal-weighting methodology helps to diversify holdings, preventing over-reliance on any single company. The underlying strategy focuses on established businesses with a history of consistent dividend increases, appealing to investors seeking reliable income and long-term capital appreciation.

Earnings & Growth Analysis

Its underlying holdings are primarily large-cap companies with strong track records of profitability and dividend growth. The focus on dividend aristocrats implies that these companies have demonstrated consistent earnings power to sustain and grow their payouts over decades. Sector trends within Consumer Defensive, Industrials, and Financial Services, where NOBL is most concentrated, are generally stable, supporting the earnings potential of its constituents.

Key Risks

The primary risk for NOBL lies in its concentration within specific sectors, particularly Consumer Defensive and Industrials, making it susceptible to sector-specific downturns. Additionally, rising interest rates could pressure dividend-paying stocks, potentially impacting NOBL's performance. The ETF's equal-weighting strategy, while reducing single-stock risk, means it may not fully capture the upside from the largest, fastest-growing companies if they do not meet dividend aristocrat criteria.

Technical Indicators i

RSI (14) 23.70
MACD -0.72
SMA 50 57.34
SMA 200 55.16
Technical Rating Bearish
RSI
Oversold
SMA Cross
Bullish
Price vs SMA
Bearish
MACD
Bearish
Golden Cross in effect with the 50-day SMA ($57.34) above the 200-day SMA ($55.16), price is trading below the 50-day SMA, RSI at 23.7 suggests oversold conditions; potential bounce setup.

NOBL Trade Plans

Specific entry, exit, and risk management levels

Select Your Trade Bias
Risk Tolerance
Conservative 2% Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →

Long entry pick an entry style

Conservative
$53.87
2% below current price (Pullback entry)
Lower risk, wait for pullback
Aggressive
$54.97
Buy at current price
Higher risk, immediate entry

Risk Management

STOP LOSS
$52.09
MAX LOSS
-3.3%
Volatility-Adjusted Stop Loss
Calculated based on RSI (23.7) and current market volatility

Profit Targets (Based on Conservative Entry)

TARGET 1
$56.56
+5% (Conservative)
+2.9% (Aggressive)
TARGET 2
$59.26
+10% (Conservative)
+7.8% (Aggressive)
TARGET 3
$61.95
+15% (Conservative)
+12.7% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
ETF Investment Disclaimer
This AI-generated analysis of NOBL is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on September 27, 2026.

Growth of $10,000

A $10,000 investment in NOBL in September 2016 would be worth about $20,314 today, compared with about $35,782 for the same investment in the S&P 500 benchmark.

Compare with Another Ticker

Monte Carlo Projection (10yr)

CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in NOBL today could grow to about $20,175 by 2036 in the base case, with a bull case near $39,704 and a bear case around $10,252. Projections are statistical simulations, not guarantees.

NOBL ETF Price Prediction: 2030

CleaRank's simulation projects a price near $72.79 for NOBL by 2030 in the base case, from $54.97 today (1.3x over 4 years). The downside path ends near $47.44. These are outcomes of a Monte Carlo simulation run on NOBL's historical return distribution, not price targets, and they assume no dividends are reinvested.

NOBL simulated price paths by year
Year Downside (10th pct) Base case Upside (90th pct)
2027 $47.60 $58.97 $73.04
2028 $46.73 $63.25 $85.62
2029 $46.83 $67.85 $98.31
2030 $47.44 $72.79 $112
2031 $48.38 $78.08 $126
2032 $49.58 $83.76 $142
2033 $50.99 $89.85 $158
2034 $52.60 $96.38 $177
2035 $54.39 $103 $197
2036 $56.36 $111 $218

Method: 10,000 simulated price paths using NOBL's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.

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Frequently Asked Questions

What is the expense ratio for the ProShares S&P 500 Dividend Aristocrats ETF (NOBL)?
The expense ratio for NOBL is 0.35%, which translates to a cost of $35.00 per $10,000 invested annually. This fee covers the fund's management and operational expenses.
Which sectors does NOBL concentrate its investments in?
NOBL is primarily concentrated in Consumer Defensive stocks, making up 22.83% of the portfolio, followed by Industrials at 19.61%. Financial Services and Healthcare also represent significant allocations.
How has NOBL performed against its category over different time periods?
As of September 2026, NOBL has outperformed its category year-to-date (12.35% vs 7.82%) and over the last 3 months (8.43% vs 3.90%). However, over longer periods like 1 year, 3 years, 5 years, and 10 years, NOBL has underperformed its category, with returns of 12.93% vs 26.16% for the 1-year period being a notable example.
What are the key technical levels for NOBL?
NOBL is currently trading below its key moving averages, with its price below the 50-day SMA of $57.34 and the 200-day SMA of $55.16. The RSI is at 23.7, indicating oversold conditions.
What is the dividend yield for NOBL?
The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) offers a dividend yield of 2.13% as of September 2026.
What is the outlook for NOBL's price in 2030 based on statistical simulations?
Based on Monte Carlo simulations, NOBL's price in 2030 is projected to be $72.79 under a base-case scenario. The downside projection is $47.44, and the upside projection is $111.69. These figures represent statistical simulation outcomes, not price targets or guarantees.
What are the main risks associated with investing in NOBL?
Key risks include sector concentration, particularly in Consumer Defensive and Industrials, and potential sensitivity to interest rate changes. The equal-weighting strategy may also limit exposure to the highest-growth companies.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The ETF analysis and AI-generated insights presented for NOBL are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. ETFs are subject to market risk, including the possible loss of principal. ETF performance depends on the underlying index or assets it tracks, and past performance does not guarantee future results. Expense ratios, tracking error, and liquidity vary by fund. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. Market data is provided "as-is" and may be delayed by 15 minutes or more. Investors should read the fund prospectus carefully before investing. Consult a qualified financial advisor for personalized guidance. Analysis generated on September 27, 2026.

Disclaimer:

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