NOBL vs RSP: how much do they overlap?
ProShares S&P 500 Dividend Aristocrats ETF (NOBL) · Invesco S&P 500 Equal Weight ETF (RSP)
overlap by weight · 68 shared holdings
NOBL: 69 holdings (as of 2026-02-28) · RSP: 503 holdings (as of 2026-04-30)
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
NOBL and RSP 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 NOBL | in RSP |
|---|---|---|---|
| Nucor Corp. | NUE | 1.36% | 0.25% |
| Caterpillar, Inc. | CAT | 1.6% | 0.24% |
| West Pharmaceutical Services, Inc. | WST | 1.38% | 0.24% |
| Franklin Resources, Inc. | BEN | 1.44% | 0.23% |
| Albemarle Corp. | ALB | 1.38% | 0.22% |
| T. Rowe Price Group, Inc. | TROW | 1.24% | 0.22% |
| FactSet Research Systems, Inc. | FDS | 1.06% | 0.21% |
| Target Corp. | TGT | 1.49% | 0.21% |
| Air Products & Chemicals, Inc. | APD | 1.45% | 0.21% |
| Dover Corp. | DOV | 1.5% | 0.21% |
FAQ
How much do NOBL and RSP overlap?
NOBL and RSP have a 13.1% overlap by weight, sharing 68 holdings (out of 69 in NOBL and 503 in RSP), based on official issuer holdings as of 2026-02-28.
What does 13.1% overlap mean?
NOBL and RSP hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do NOBL and RSP both hold?
The largest shared positions are Nucor Corp., Caterpillar, Inc., West Pharmaceutical Services, Inc., Franklin Resources, Inc., Albemarle Corp.. The full list of top shared holdings with weights in each fund is shown on this page.