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NOBL - AI Analysis
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ProShares S&P 500 Dividend Aristocrats ETF (NOBL)
Rating:71Outperform
Price Target:
$113.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, including Caterpillar and AbbVie, have delivered strong year-to-date performance, supporting overall returns.
Sector Diversification
The ETF is spread across multiple sectors, such as Consumer Defensive, Industrials, and Health Care, reducing reliance on any single industry.
Reasonable Expense Ratio
The fund’s expense ratio of 0.35% is relatively low, making it a cost-effective option for long-term investors.
Negative Factors
Geographic Concentration
With nearly 100% exposure to U.S. companies, the ETF lacks diversification across global markets.
Recent Performance Weakness
The ETF has experienced negative returns over the past three months, indicating short-term underperformance.
Low Technology Exposure
The fund has minimal exposure to the Technology sector, which could limit growth potential in a tech-driven market.
NOBL vs. SPDR S&P 500 ETF (SPY)
AUM11.11B
RegionNorth America
Expense Ratio0.35%
Beta0.57
IssuerProShares
Inception DateOct 09, 2013
Dividend Yield2.12%
Asset ClassEquity
Index TrackedS&P 500 Dividend Aristocrats
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume690,878
30 Day Avg. Volume633,792
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
115.35Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering70
NOBL Summary
The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is a fund that invests in large, well-established U.S. companies that have increased their dividends every year for at least 25 years. It includes companies like Johnson & Johnson and Walmart, making it a great choice for investors looking for stability and reliable income. NOBL spreads investments across different sectors, such as consumer defensive and industrials, which helps diversify your portfolio while focusing on dividend growth. However, new investors should know that the ETF’s performance can fluctuate with the overall stock market, so it’s not immune to market downturns.
How much will it cost me?The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has an expense ratio of 0.35%, meaning you’ll pay $3.50 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is actively managed to focus on companies with a strong history of increasing dividends, which requires more research and oversight.
What would affect this ETF?The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) could benefit from stable economic conditions and a focus on dividend-paying companies, as these firms tend to perform well during periods of market uncertainty. However, rising interest rates or economic slowdowns could negatively impact sectors like Consumer Defensive and Industrials, which make up a significant portion of the ETF's holdings. Additionally, regulatory changes or challenges in the U.S. market, where the ETF is heavily focused, could pose risks to its performance.
NOBL Top 10 Holdings
The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) leans heavily into Consumer Defensive and Industrials, with names like Walmart and Caterpillar helping to steady the ship. Walmart’s consistent sales growth and strategic initiatives provide a solid foundation, while Caterpillar’s operational efficiency and backlog growth keep it climbing, albeit at a slower pace. On the flip side, Albemarle’s struggles with profitability and valuation concerns have been a drag on the fund. With its U.S.-focused portfolio and emphasis on dividend reliability, NOBL offers a mix of stability and steady growth, though sector concentration may limit diversification.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| CH Robinson | 1.78% | $197.38M | $18.18B | 51.24% | 71 Outperform | |
| Cardinal Health | 1.76% | $194.90M | $45.33B | 64.27% | 65 Neutral | |
| Caterpillar | 1.65% | $183.06M | $270.43B | 52.06% | 76 Outperform | |
| Nucor | 1.61% | $178.96M | $34.44B | 4.52% | 74 Outperform | |
| Dover | 1.59% | $176.44M | $24.89B | -4.04% | 76 Outperform | |
| Albemarle | 1.58% | $175.40M | $11.56B | -0.01% | 58 Neutral | |
| Emerson Electric Company | 1.58% | $174.82M | $78.55B | 28.68% | 73 Outperform | |
| International Business Machines | 1.57% | $174.25M | $287.35B | 47.62% | 77 Outperform | |
| Sherwin-Williams Company | 1.52% | $168.41M | $85.51B | -3.64% | 72 Outperform | |
| Expeditors International | 1.51% | $167.49M | $16.54B | 2.38% | 71 Outperform |
NOBL Technical Analysis
Negative
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Price Trends
103.04
Negative
102.38
Negative
100.70
Positive
Market Momentum
-0.24
Positive
43.43
Neutral
24.32
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For NOBL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 102.51, equal to the 50-day MA of 103.04, and equal to the 200-day MA of 100.70, indicating a neutral trend. The MACD of -0.24 indicates Positive momentum. The RSI at 43.43 is Neutral, neither overbought nor oversold. The STOCH value of 24.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NOBL.
NOBL Peer Comparison
Comparison Results
Performance Comparison
NOBL
ProShares S&P 500 Dividend Aristocrats ETF
101.60
0.00
0.00%
VOO
Vanguard S&P 500 ETF
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IVV
iShares Core S&P 500 ETF
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SPY
SPDR S&P 500 ETF Trust
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QQQ
Invesco QQQ Trust
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SPYM
Spdr Portfolio S&P 500 Etf
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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