DGRO vs NOBL: how much do they overlap?
iShares Core Dividend Growth ETF (DGRO) · ProShares S&P 500 Dividend Aristocrats ETF (NOBL)
overlap by weight · 53 shared holdings
DGRO: 394 holdings (as of 2026-04-30) · NOBL: 69 holdings (as of 2026-02-28)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
DGRO and NOBL hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in DGRO | in NOBL |
|---|---|---|---|
| PEPSICO INC | PEP | 1.7% | 1.6% |
| PROCTER & GAMBLE COMPANY (THE) | PG | 2.07% | 1.59% |
| EXXON MOBIL CORP | XOM | 2.9% | 1.58% |
| JOHNSON & JOHNSON | JNJ | 2.64% | 1.58% |
| COCA-COLA COMPANY (THE) | KO | 1.79% | 1.57% |
| ABBVIE INC | ABBV | 2.52% | 1.49% |
| NEXTERA ENERGY INC | NEE | 1.23% | 1.55% |
| INTERNATIONAL BUSINESS MACHINES CORP | IBM | 1.27% | 1.12% |
| MCDONALD'S CORP | MCD | 1.04% | 1.55% |
| WALMART INC | WMT | 0.95% | 1.49% |
FAQ
How much do DGRO and NOBL overlap?
DGRO and NOBL have a 23.6% overlap by weight, sharing 53 holdings (out of 394 in DGRO and 69 in NOBL), based on official issuer holdings as of 2026-04-30.
What does 23.6% overlap mean?
DGRO and NOBL hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do DGRO and NOBL both hold?
The largest shared positions are PEPSICO INC, PROCTER & GAMBLE COMPANY (THE), EXXON MOBIL CORP, JOHNSON & JOHNSON, COCA-COLA COMPANY (THE). The full list of top shared holdings with weights in each fund is shown on this page.