2024-05-28 23:37:14 ET
Summary
- The ProShares S&P 500 Dividend Aristocrats ETF hits its first speed bump in April, dropping by 4.69%. Some of this loss has been recovered in May.
- I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term.
- After 34 months of tracking these strategies, one strategy is outperforming NOBL, while 2 remain relatively close.
2024 Review
The optimistic run for the stock market halts in April as the ProShares S&P 500 Dividend Aristocrats ETF ( NOBL ) slides 4.69%, posting its worst monthly loss since September 2023. Much of this loss was recovered in early May; however, the latter part of the month has not been kind to most dividend aristocrats. Through May 28th (mid-day) NOBL is up only 0.53%. Despite the setback in April, NOBL remains positive year-to-date, +2.46% (1/1/24 - 5/28/24).
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 April. The following 39 aristocrats are all outperforming NOBL (+1.92% - Jan - Apr) this year:
TICKER | YTD 24 |
XOM | 19.41% |
DOV | 16.91% |
CL | 16.67% |
BRO | 14.86% |
CHD | 14.41% |
ECL | 14.29% |
GPC | 14.27% |
CAT | 14.09% |
TGT | 13.85% |
KMB | 13.46% |
WMT | 13.32% |
PG | 12.79% |
HRL | 12.66% |
CINF | 12.59% |
MKC | 11.79% |
GD | 11.70% |
GWW | 11.40% |
EMR | 11.29% |
NEE | 11.29% |
CB | 10.39% |
CTAS | 9.48% |
PNR | 9.44% |
CVX | 9.26% |
LIN | 7.69% |
ABBV | 6.98% |
FAST | 6.10% |
KO | 5.65% |
CLX | 5.43% |
ED | 4.76% |
ADP | 4.44% |
PEP | 4.37% |
LOW | 3.45% |
SYY | 2.97% |
TROW | 2.85% |
CAH | 2.68% |
IBM | 2.53% |
ATO | 2.45% |
FRT | 2.17% |
AFL | 2.04% |
Read the full article on Seeking Alpha
For further details see:
My Best Dividend Aristocrats For June 2024