NOBL ETF

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) was launched on 10/09/2013, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Value category of the market.

NOBL: Lower Volatility & Lower Returns

NOBL tracks the S&P 500 Dividend Aristocrats Index, selecting large-cap stocks which have increased regular annual dividend payments by at least 25 years. Its expense ratio is 0.35%. Such strong dividend growth track records imply that NOBL is a high-quality portfolio. However, I calculated a rather disappointing 8.57/10 sector-adjusted profit score, which ranks #81/102 among large-cap value ETFs. NOBL trades at 20.68x forward earnings, or 2.34 points cheaper than SPY. However, its estimated earnings growth is 9% lower, with VIG featuring a better growth/value combination.

Passive income and exchange-traded funds represent two of the most important concepts in the market. So, investors may want to consider the next logical step: combining these two elements together in the form of dividend-paying ETFs.

Launched on 10/09/2013, the ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Value category of the market.

It's been a strong first half for the S&P 500 as the large-cap index was up 16% year to date as of June 18. This year, the growth style ETFs tied to this benchmark have outperformed most others including dividends and value ones.

The NOBL ETF was introduced on October 9, 2013, as a smart beta ETF that provides extensive coverage of the Large Cap Value category in the Style Box.

The ProShares S&P 500 Dividend Aristocrats ETF follows steady companies that increase their dividend payouts, making it a potentially low-risk option for investors looking to earn returns in the stock market.

The ProShares S&P 500 Dividend Aristocrats ETF provides stability and quality for investors seeking exposure to companies with a history of consistently increasing dividend payouts for over 25 years. While NOBL's dividend growth is satisfactory, its initial yield is low and it may not perform as well as other options like SCHD.