DVY vs NOBL: Dividend Yield, Total Return & Fees Compared

iShares Select Dividend ETFProShares S&P 500 Dividend Aristocrats ETF

Data as of the close · refreshed automatically every trading day

Performance: DVY vs NOBL

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

DVYNOBL

Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026

DividendDuel.com
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Higher yieldDVY3.29% vs 1.93%
Better 1-year total returnNOBL+21.64% vs +19.87%
Better 5-year total returnDVY+61.83% vs +40.89%
Expense ratio—DVY n/a · NOBL n/a

DVY vs NOBL at a glance

This page compares iShares Select Dividend ETF (DVY) with ProShares S&P 500 Dividend Aristocrats ETF (NOBL) using prices and distributions through November 9, 2026. The numbers update automatically after each trading session.

With dividends reinvested, NOBL has led over the last 12 months at +21.64% versus +19.87% for DVY. DVY currently yields 3.29% (trailing 12-month) against 1.93% for NOBL. Across five years the total-return gap is +61.83% for DVY vs +40.89% for NOBL.

The higher-yielding fund (DVY) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.

Key figures for DVY and NOBL
MetricDVYNOBL
Last close$162.27$60.67
Dividend yield3.29% (TTM)1.93% (TTM)
Expense ratio——
Paysquarterlyquarterly
Dividends, last 12 months$5.34 (4 payments)$1.17 (4 payments)
IssueriSharesProShares
Inception——

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
DVYiShares Select Dividend ETF
3.29%
+19.87%$162.27$1.3291QuarterlyiShares
NOBLProShares S&P 500 Dividend Aristocrats ETF
1.93%
Best+21.64%$60.67$0.2825QuarterlyProShares

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
DVYiShares Select Dividend ETF+5.12%+1.05%+8.30%+19.87%+26.10%+61.83%
NOBLProShares S&P 500 Dividend Aristocrats ETF+10.17%+4.38%+14.53%+21.64%+18.95%+40.89%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
DVYiShares Select Dividend ETF$1.3291Sep 15, 2026+6.57%$5.34194 payoutsDec 20, 2023: $1.1893Mar 21, 2024: $0.9976Jun 11, 2024: $0.9304Sep 25, 2024: $1.5496Dec 17, 2024: $1.3164Mar 18, 2025: $1.0495Jun 16, 2025: $1.2333Sep 16, 2025: $1.2465Dec 16, 2025: $1.6162Mar 17, 2026: $1.1493Jun 15, 2026: $1.2472Sep 15, 2026: $1.3291
NOBLProShares S&P 500 Dividend Aristocrats ETF$0.2825Sep 23, 2026-6.97%$1.1734 payoutsDec 20, 2023: $0.3279Mar 20, 2024: $0.1931Jun 26, 2024: $0.2751Sep 25, 2024: $0.2612Dec 23, 2024: $0.2932Mar 26, 2025: $0.2327Jun 25, 2025: $0.275Sep 24, 2025: $0.2744Dec 24, 2025: $0.3306Mar 25, 2026: $0.2561Jun 24, 2026: $0.3037Sep 23, 2026: $0.2825

Downside and distribution variability

Income and ending returns do not describe the whole investment experience.

Across 1,265 shared trading dates from October 26, 2021 to November 9, 2026, the largest observed peak-to-trough decline with dividends reinvested was -17.49% for DVY and -17.91% for NOBL. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.

DVY's recorded distributions over the 12 months ending November 9, 2026 ranged from $1.15 to $1.62 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

NOBL's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.2561 to $0.3306 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.

Recent distributions

The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.

DVYNOBL
Sep 15, 2026$1.33Sep 23, 2026$0.2825
Jun 15, 2026$1.25Jun 24, 2026$0.3037
Mar 17, 2026$1.15Mar 25, 2026$0.2561
Dec 16, 2025$1.62Dec 24, 2025$0.3306
Sep 16, 2025$1.25Sep 24, 2025$0.2744
Jun 16, 2025$1.23Jun 25, 2025$0.275
Mar 18, 2025$1.05Mar 26, 2025$0.2327
Dec 17, 2024$1.32Dec 23, 2024$0.2932
Sep 25, 2024$1.55Sep 25, 2024$0.2612
Jun 11, 2024$0.9304Jun 26, 2024$0.2751
Mar 21, 2024$0.9976Mar 20, 2024$0.1931
Dec 20, 2023$1.19Dec 20, 2023$0.3279

DVY vs NOBL: common questions

Which pays a higher dividend, DVY or NOBL?

As of November 9, 2026, DVY yields 3.29% (trailing 12-month) and NOBL yields 1.93% (trailing 12-month), so DVY currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, DVY or NOBL?

Over the past year with dividends reinvested, DVY returned +19.87% and NOBL returned +21.64%. Over five years, DVY returned +61.83% and NOBL returned +40.89%. Past performance does not predict future results.

What would $10,000 in DVY vs NOBL be worth after one year?

With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $11,987 in DVY and $12,164 in NOBL.

How often do DVY and NOBL pay dividends?

DVY pays quarterly (4 payments in the last 12 months) and NOBL pays quarterly (4 payments).

Is DVY or NOBL the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Research DVY and NOBL beyond the yield

Compare payment history with total return and fees. Check whether a larger current yield comes with different drawdowns or less consistent distributions; a dividend-growth label does not promise future increases.

Review iShares Select Dividend ETF (DVY) payment history and ProShares S&P 500 Dividend Aristocrats ETF (NOBL) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.

For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.

Related comparisons

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Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.