Key stats
About ProShares S&P 500 Dividend Aristocrats ETF
Expense ratio
0.35%
Home page
Inception date
Oct 9, 2013
ISIN
US74348A4673
NOBL only selects companies from the S&P 500 that have increased their dividends for at least 25 consecutive years. Holdings are equal-weighted, with sector weights capped at 30%. NOBLs methodology causes it to overweight traditional dividend-paying sectors. With a concentrated portfolio of at least 40 names, the fund might skew away from market-like exposure. Its methodology substantially limits NOBL's selection universe, and the fund has a pronounced midcap tilt. However, the fund may be less sensitive to market movements than other vanilla funds in the segment. The index is reconstituted annually and rebalanced quarterly.
Classification
What's in the fund
Exposure type
Consumer Non-Durables
Finance
Process Industries
Producer Manufacturing
Stock breakdown by region