2024-07-01 07:02:41 ET
Summary
- The ProShares S&P 500 Dividend Aristocrats ETF continues its positive run in 2024, posting a gain of 1.45% in May.
- I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term.
- After 35 months of tracking these strategies, two strategies are outperforming NOBL, while 1 remain relatively close.
2024 Review
A positive trajectory resumed for the ProShares S&P 500 Dividend Aristocrats ETF ( NOBL ) during the month of May. The ETF posted a modest gain of 1.45% during the month. Albeit some of this optimism has faded in June with the ETF sitting in the red near the end of the month. Year-to-date, through June 26th NOBL is up 2.44%.
Several dividend aristocrats are running at a much faster pace than NOBL in 2024. Let's take a look at which individual aristocrats are driving the ETFs return through month-end May. The following 33 aristocrats are all outperforming NOBL (+3.40% - Jan - May) this year:
TICKER | YTD 24 |
NEE | 32.98% |
BRO | 26.29% |
WMT | 25.99% |
DOV | 20.55% |
CB | 20.23% |
XOM | 19.35% |
CL | 17.99% |
ECL | 17.35% |
GD | 16.63% |
EMR | 16.36% |
CAT | 15.43% |
CINF | 14.42% |
CHD | 13.78% |
PG | 13.72% |
CTAS | 12.96% |
PNR | 12.61% |
GWW | 11.65% |
S&P | 11.30% |
TGT | 11.21% |
CVX | 11.07% |
KMB | 10.78% |
TROW | 10.60% |
AFL | 10.26% |
AMCR | 8.31% |
KO | 7.64% |
LIN | 6.37% |
MKC | 6.14% |
ABBV | 6.06% |
ESS | 5.85% |
ED | 5.83% |
ADP | 5.74% |
GPC | 4.77% |
IBM | 3.96% |
Read the full article on Seeking Alpha
For further details see:
My Best Dividend Aristocrats For July 2024