NOBL vs SDY: Dividend Yield, Total Return & Fees Compared
ProShares S&P 500 Dividend Aristocrats ETFState Street SPDR S&P Dividend ETF
Data as of the close · refreshed automatically every trading day
Performance: NOBL vs SDY
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026
DividendDuel.comNOBL vs SDY at a glance
ProShares S&P 500 Dividend Aristocrats ETF (NOBL) and State Street SPDR S&P Dividend ETF (SDY) are compared below using data through the November 9, 2026 close, refreshed after every trading day.
Over the past year, SDY returned +22.28% with dividends reinvested, compared with +21.64% for NOBL. SDY currently yields 2.31% (trailing 12-month) against 1.93% for NOBL. Across five years the total-return gap is +47.98% for SDY vs +40.89% for NOBL.
SDY leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.
| Metric | NOBL | SDY |
|---|---|---|
| Last close | $60.67 | $163.52 |
| Dividend yield | 1.93% (TTM) | 2.31% (TTM) |
| Expense ratio | — | — |
| Pays | quarterly | quarterly |
| Dividends, last 12 months | $1.17 (4 payments) | $3.78 (4 payments) |
| Issuer | ProShares | State Street |
| Inception | — | — |
Overview
Key fund stats as of the latest close.
Total returns
Price change plus dividends paid, by holding period. Best in each period is outlined.
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 -17.91% for NOBL and -15.21% for SDY. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.
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.
SDY's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.8743 to $1.02 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.
| NOBL | SDY | ||
|---|---|---|---|
| Sep 23, 2026 | $0.2825 | Sep 21, 2026 | $0.9168 |
| Jun 24, 2026 | $0.3037 | Jun 22, 2026 | $0.968 |
| Mar 25, 2026 | $0.2561 | Mar 23, 2026 | $0.8743 |
| Dec 24, 2025 | $0.3306 | Dec 22, 2025 | $1.02 |
| Sep 24, 2025 | $0.2744 | Sep 22, 2025 | $0.8709 |
| Jun 25, 2025 | $0.275 | Jun 23, 2025 | $0.9274 |
| Mar 26, 2025 | $0.2327 | Mar 24, 2025 | $0.8184 |
| Dec 23, 2024 | $0.2932 | Dec 20, 2024 | $1.03 |
| Sep 25, 2024 | $0.2612 | Sep 20, 2024 | $0.7852 |
| Jun 26, 2024 | $0.2751 | Jun 21, 2024 | $0.8589 |
| Mar 20, 2024 | $0.1931 | Mar 15, 2024 | $0.7079 |
| Dec 20, 2023 | $0.3279 | Dec 15, 2023 | $0.9782 |
NOBL vs SDY: common questions
Which pays a higher dividend, NOBL or SDY?
As of November 9, 2026, NOBL yields 1.93% (trailing 12-month) and SDY yields 2.31% (trailing 12-month), so SDY currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, NOBL or SDY?
Over the past year with dividends reinvested, NOBL returned +21.64% and SDY returned +22.28%. Over five years, NOBL returned +40.89% and SDY returned +47.98%. Past performance does not predict future results.
What would $10,000 in NOBL vs SDY be worth after one year?
With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $12,164 in NOBL and $12,228 in SDY.
How often do NOBL and SDY pay dividends?
NOBL pays quarterly (4 payments in the last 12 months) and SDY pays quarterly (4 payments).
Is NOBL or SDY 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 NOBL and SDY 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 ProShares S&P 500 Dividend Aristocrats ETF (NOBL) payment history and State Street SPDR S&P Dividend ETF (SDY) 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
More side-by-side comparisons with NOBL and SDY.
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.