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

iShares Core Dividend Growth ETFProShares S&P 500 Dividend Aristocrats ETF

Data as of the close · refreshed automatically every trading day

Higher yieldNOBL2.13% vs 1.95%
Better 1-year total returnDGRO+16.16% vs +10.55%
Better 5-year total returnDGRO+66.90% vs +34.42%

DGRO vs NOBL at a glance

iShares Core Dividend Growth ETF (DGRO) and ProShares S&P 500 Dividend Aristocrats ETF (NOBL) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, DGRO returned +16.16% with dividends reinvested, compared with +10.55% for NOBL. NOBL currently yields 2.13% (trailing 12-month) against 1.95% for DGRO. Across five years the total-return gap is +66.90% for DGRO vs +34.42% for NOBL.

The higher-yielding fund (NOBL) 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 DGRO and NOBL
MetricDGRONOBL
Last close$76.57$54.97
Dividend yield1.95% (TTM)2.13% (TTM)
Expense ratio——
Paysquarterlyquarterly
Dividends, last 12 months$1.49 (4 payments)$1.17 (4 payments)
IssueriSharesProShares
Inception——

Performance: DGRO vs NOBL

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

DGRONOBL

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
DGROiShares Core Dividend Growth ETF
1.95%
+16.16%Best$76.57$0.385QuarterlyiShares
NOBLProShares S&P 500 Dividend Aristocrats ETF
2.13%
+10.55%$54.97$0.283QuarterlyProShares

Total returns

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

ETF1M3M6M1Y2Y5Y
DGROiShares Core Dividend Growth ETF-3.62%+1.96%+10.33%+16.16%+28.89%+66.90%
NOBLProShares S&P 500 Dividend Aristocrats ETF-5.79%-1.00%+5.32%+10.55%+8.94%+34.42%

Dividends

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

ETFLatest payoutvs. priorTrailing 12MRecent payouts
DGROiShares Core Dividend Growth ETF$0.385Sep 15, 2026+16.31%$1.4944 payoutsDec 20, 2023: $0.37Mar 21, 2024: $0.311Jun 11, 2024: $0.293Sep 25, 2024: $0.403Dec 17, 2024: $0.378Mar 18, 2025: $0.311Jun 16, 2025: $0.324Sep 16, 2025: $0.369Dec 16, 2025: $0.447Mar 17, 2026: $0.331Jun 15, 2026: $0.331Sep 15, 2026: $0.385
NOBLProShares S&P 500 Dividend Aristocrats ETF$0.283Sep 23, 2026-6.91%$1.17354 payoutsDec 20, 2023: $0.328Mar 20, 2024: $0.193Jun 26, 2024: $0.275Sep 25, 2024: $0.261Dec 23, 2024: $0.293Mar 26, 2025: $0.2325Jun 25, 2025: $0.275Sep 24, 2025: $0.2745Dec 24, 2025: $0.3305Mar 25, 2026: $0.256Jun 24, 2026: $0.304Sep 23, 2026: $0.283

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

DGRONOBL
Sep 15, 2026$0.385Sep 23, 2026$0.283
Jun 15, 2026$0.331Jun 24, 2026$0.304
Mar 17, 2026$0.331Mar 25, 2026$0.256
Dec 16, 2025$0.447Dec 24, 2025$0.3305
Sep 16, 2025$0.369Sep 24, 2025$0.2745
Jun 16, 2025$0.324Jun 25, 2025$0.275
Mar 18, 2025$0.311Mar 26, 2025$0.2325
Dec 17, 2024$0.378Dec 23, 2024$0.293
Sep 25, 2024$0.403Sep 25, 2024$0.261
Jun 11, 2024$0.293Jun 26, 2024$0.275
Mar 21, 2024$0.311Mar 20, 2024$0.193
Dec 20, 2023$0.370Dec 20, 2023$0.328

DGRO vs NOBL: common questions

Which pays a higher dividend, DGRO or NOBL?

As of September 25, 2026, DGRO yields 1.95% (trailing 12-month) and NOBL yields 2.13% (trailing 12-month), so NOBL currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, DGRO or NOBL?

Over the past year with dividends reinvested, DGRO returned +16.16% and NOBL returned +10.55%. Over five years, DGRO returned +66.90% and NOBL returned +34.42%. Past performance does not predict future results.

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

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $11,616 in DGRO and $11,055 in NOBL.

How often do DGRO and NOBL pay dividends?

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

Is DGRO 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.

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Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.