NOBL vs SDY: how much do they overlap?

ProShares S&P 500 Dividend Aristocrats ETF (NOBL) · SPDR S&P Dividend ETF (SDY)

53.9%

overlap by weight · 67 shared holdings

NOBL: 69 holdings (as of 2026-02-28) · SDY: 156 holdings (as of 09-Jul-2026)

Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.

Moderate overlap

What this means

NOBL and SDY share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.

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

CompanyTickerin NOBLin SDY
Kimberly-Clark Corp. KMB 1.54% 1.74%
Kenvue, Inc. KVUE 1.52% 1.75%
Realty Income Corp. O 1.5% 2.17%
AbbVie, Inc. ABBV 1.49% 1.6%
Target Corp. TGT 1.49% 1.56%
Eversource Energy ES 1.48% 1.38%
Sysco Corp. SYY 1.64% 1.37%
Medtronic plc MDT 1.35% 1.36%
PepsiCo, Inc. PEP 1.6% 1.35%
Archer-Daniels-Midland Co. ADM 1.41% 1.34%

FAQ

How much do NOBL and SDY overlap?

NOBL and SDY have a 53.9% overlap by weight, sharing 67 holdings (out of 69 in NOBL and 156 in SDY), based on official issuer holdings as of 2026-02-28.

What does 53.9% overlap mean?

NOBL and SDY share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.

Which stocks do NOBL and SDY both hold?

The largest shared positions are Kimberly-Clark Corp., Kenvue, Inc., Realty Income Corp., AbbVie, Inc., Target Corp.. The full list of top shared holdings with weights in each fund is shown on this page.

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