ProShares S&P 500 Dividend Aristocrats ETF (NOBL) Performance
NOBL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.8% since Dec 31, 2025
- 1 year
- +15.6% total return
- 5 years
- +6.8% a year
- 10 years
- +10.7% a year
- Since first price
- +10.7% a year since 2013
NOBL trailing returns vs SPY, QQQ, AGG
| Period | NOBL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +5.7% | +5.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.2% | +3.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.3% | +7.2% | +7.8% | +8.4% | −1.5% |
| YTD | +13.8% | +12.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.6% | +13.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +46.3%+13.5%/yr | +37.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +39.0%+6.8%/yr | +25.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +176.2%+10.7%/yr | +123.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionOct 10, 2013 | +274.1%+10.7%/yr | +186.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NOBL vs SPY
From Oct 10, 2013: NOBL grew to $37,410, SPY to $55,888.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NOBL returns by calendar year
10 of 12 full years positive. Best 2019 (+27.4%), worst 2022 (−6.5%). 2026 is year to date.
NOBL annual returns table
| Year | NOBL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.8% | −9.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +6.8% | −12.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +6.7% | −8.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +8.1% | −12.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −6.5% | −17.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +25.5% | −6.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +8.4% | −35.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.4% | −5.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −3.3% | −15.3% | −4.6% | −0.1% | +0.1% |
| 2017 | +21.0% | −2.3% | +21.7% | +32.7% | +3.6% |
| 2016 | +11.6% | −7.8% | +12.0% | +7.1% | +2.4% |
| 2015 | +0.4% | −9.8% | +1.2% | +9.4% | +0.5% |
| 2014 | +15.6% | −6.9% | +13.5% | +19.2% | +6.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NOBL largest drawdowns
Now 1.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 17, 2020 | −35.4% | Mar 23, 2020 | Oct 8, 2020 | 2 months | 9 months |
| Jan 4, 2022 | −17.9% | Sep 30, 2022 | Jul 20, 2023 | 9 months | 1.5 years |
| Nov 29, 2024 | −15.4% | Apr 8, 2025 | Jan 6, 2026 | 4 months | 1.1 years |
| Sep 21, 2018 | −15.3% | Dec 24, 2018 | Mar 28, 2019 | 3 months | 6 months |
| Jul 26, 2023 | −12.9% | Oct 27, 2023 | Feb 22, 2024 | 3 months | 7 months |
| Jan 26, 2018 | −10.4% | May 3, 2018 | Sep 12, 2018 | 3 months | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NOBL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +9.2% | +6.3% | +9.4% | +9.7% |
| Volatility (annualized) | 12.9% | 15.3% | 15.1% | 14.1% |
| Sharpe ratio | 0.41 | 0.24 | 0.52 | 0.61 |
| Sortino ratio | 0.59 | 0.36 | 0.78 | 0.92 |
| Best month | +6.6% | +10.3% | +12.0% | +12.0% |
| Worst month | −7.7% | −9.2% | −13.7% | −13.7% |
| Best 12 months | +23.7% | +23.7% | +53.1% | +53.1% |
| Worst 12 months | −1.4% | −7.9% | −13.0% | −13.0% |
| Positive months | 61% | 57% | 64% | 64% |
| Beta vs S&P 500 | 0.56 | 0.74 | 0.84 | — |
| Correlation with S&P 500 | 0.54 | 0.76 | 0.85 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NOBL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 145 | −13.0% | +9.3% | +53.1% | 88% |
| 3-year (a year) | 121 | +2.5% | +10.0% | +20.1% | 100% |
| 5-year (a year) | 97 | +5.0% | +10.6% | +15.2% | 100% |
| 10-year (a year) | 37 | +9.3% | +10.0% | +11.2% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
NOBL performance overview
ProShares S&P 500 Dividend Aristocrats ETF (NOBL) returned +15.6% over the past year and +10.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +10.7% a year, turning $10,000 into about $37,410. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −35.4%, from Jan 17, 2020 to Mar 23, 2020, and it took 7 months to get back to the old high. NOBL finished 10 of its 12 full calendar years with a gain; the best year was 2019 (+27.4%) and the worst 2022 (−6.5%). Volatility has been 14.1% a year.
Related: NOBL chart, NOBL holdings, NOBL dividends, NOBL valuation. See the NOBL overview for the latest quote and fund facts.
NOBL performance FAQ
What is the NOBL return over the past year?
NOBL returned +15.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.1%.
What is the average annual return of NOBL?
NOBL has returned +6.8% a year over 5 years, +10.7% a year over 10 years, +10.7% a year since October 10, 2013 (total return, distributions reinvested).
How much would $10,000 invested in NOBL be worth?
$10,000 invested in NOBL at its first recorded close on October 10, 2013 would be worth about $37,410 on October 23, 2026 with distributions reinvested.
What was the worst year for NOBL?
The worst calendar year was 2022, with a total return of −6.5%. The best was 2019 at +27.4%.
What is the biggest drawdown of NOBL?
The largest peak-to-trough decline was −35.4% between January 17, 2020 and March 23, 2020. It recovered to the old high on October 8, 2020, 7 months after the bottom.
How volatile is NOBL?
Over the past 3 years NOBL had an annualized volatility of 12.9% and a Sharpe ratio of 0.41 (excess return over 1–3 month T-bills per unit of risk).