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NOBL: Is This S&P 500 Dividend Aristocrats ETF Dead Weight? (Rating Downgrade)

Source: SeekingAlpha

2025-11-12 20:14:06 ET

Investment Thesis

I last covered the ProShares S&P 500 Dividend Aristocrats ETF ( NOBL ) on August 28, 2024, arguing that just because a company has increased its dividend payments for 25 consecutive years does not mean it's high-quality. Since that article was published, NOBL has barely broken even, joining the SPDR S&P Dividend ETF ( SDY ) and the Schwab U.S. Dividend Equity ETF ( SCHD ) as one of several dividend funds to disappoint over the last year. ...

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NOBL: Is This S&P 500 Dividend Aristocrats ETF Dead Weight? (Rating Downgrade)
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