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

ProShares S&P 500 Dividend Aristocrats ETFState Street SPDR Portfolio S&P 500 High Dividend ETF

Data as of the close · refreshed automatically every trading day

Higher yieldSPYD4.46% vs 2.13%
Better 1-year total returnSPYD+11.53% vs +10.55%
Better 5-year total returnSPYD+46.43% vs +34.42%

NOBL vs SPYD at a glance

ProShares S&P 500 Dividend Aristocrats ETF (NOBL) and State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, SPYD returned +11.53% with dividends reinvested, compared with +10.55% for NOBL. SPYD currently yields 4.46% (trailing 12-month) against 2.13% for NOBL. Across five years the total-return gap is +46.43% for SPYD vs +34.42% for NOBL.

SPYD 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.

Key figures for NOBL and SPYD
MetricNOBLSPYD
Last close$54.97$46.19
Dividend yield2.13% (TTM)4.46% (TTM)
Expense ratio——
Paysquarterlyquarterly
Dividends, last 12 months$1.17 (4 payments)$2.06 (4 payments)
IssuerProSharesState Street
Inception——

Performance: NOBL vs SPYD

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

NOBLSPYD

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
NOBLProShares S&P 500 Dividend Aristocrats ETF
2.13%
+10.55%$54.97$0.283QuarterlyProShares
SPYDState Street SPDR Portfolio S&P 500 High Dividend ETF
4.46%
+11.53%Best$46.19$0.518QuarterlyState Street

Total returns

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

ETF1M3M6M1Y2Y5Y
NOBLProShares S&P 500 Dividend Aristocrats ETF-5.79%-1.00%+5.32%+10.55%+8.94%+34.42%
SPYDState Street SPDR Portfolio S&P 500 High Dividend ETF-7.42%-2.97%+4.97%+11.53%+12.12%+46.43%

Dividends

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

ETFLatest payoutvs. priorTrailing 12MRecent payouts
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
SPYDState Street SPDR Portfolio S&P 500 High Dividend ETF$0.518Sep 21, 2026-4.60%$2.064 payoutsDec 15, 2023: $0.534Mar 15, 2024: $0.373Jun 21, 2024: $0.487Sep 20, 2024: $0.457Dec 20, 2024: $0.547Mar 24, 2025: $0.419Jun 23, 2025: $0.50Sep 22, 2025: $0.489Dec 22, 2025: $0.549Mar 23, 2026: $0.45Jun 22, 2026: $0.543Sep 21, 2026: $0.518

Recent dividend payments

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

NOBLSPYD
Sep 23, 2026$0.283Sep 21, 2026$0.518
Jun 24, 2026$0.304Jun 22, 2026$0.543
Mar 25, 2026$0.256Mar 23, 2026$0.450
Dec 24, 2025$0.3305Dec 22, 2025$0.549
Sep 24, 2025$0.2745Sep 22, 2025$0.489
Jun 25, 2025$0.275Jun 23, 2025$0.500
Mar 26, 2025$0.2325Mar 24, 2025$0.419
Dec 23, 2024$0.293Dec 20, 2024$0.547
Sep 25, 2024$0.261Sep 20, 2024$0.457
Jun 26, 2024$0.275Jun 21, 2024$0.487
Mar 20, 2024$0.193Mar 15, 2024$0.373
Dec 20, 2023$0.328Dec 15, 2023$0.534

NOBL vs SPYD: common questions

Which pays a higher dividend, NOBL or SPYD?

As of September 25, 2026, NOBL yields 2.13% (trailing 12-month) and SPYD yields 4.46% (trailing 12-month), so SPYD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, NOBL or SPYD?

Over the past year with dividends reinvested, NOBL returned +10.55% and SPYD returned +11.53%. Over five years, NOBL returned +34.42% and SPYD returned +46.43%. Past performance does not predict future results.

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

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $11,055 in NOBL and $11,153 in SPYD.

How often do NOBL and SPYD pay dividends?

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

Is NOBL or SPYD 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.

Related comparisons

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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.