NOBL vs SPYD: how much do they overlap?
ProShares S&P 500 Dividend Aristocrats ETF (NOBL) · SPDR Portfolio S&P 500 High Dividend ETF (SPYD)
overlap by weight · 16 shared holdings
NOBL: 69 holdings (as of 2026-02-28) · SPYD: 79 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.
Low overlap
What this means
NOBL and SPYD 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 SPYD |
|---|---|---|---|
| Target Corp. | TGT | 1.49% | 1.49% |
| Franklin Resources, Inc. | BEN | 1.44% | 1.58% |
| Federal Realty Investment Trust | FRT | 1.47% | 1.4% |
| Archer-Daniels-Midland Co. | ADM | 1.41% | 1.39% |
| Essex Property Trust, Inc. | ESS | 1.37% | 1.35% |
| Kenvue, Inc. | KVUE | 1.52% | 1.31% |
| Kimberly-Clark Corp. | KMB | 1.54% | 1.31% |
| JM Smucker Co. (The) | SJM | 1.57% | 1.29% |
| Chevron Corp. | CVX | 1.55% | 1.24% |
| Stanley Black & Decker, Inc. | SWK | 1.44% | 1.24% |
FAQ
How much do NOBL and SPYD overlap?
NOBL and SPYD have a 20.5% overlap by weight, sharing 16 holdings (out of 69 in NOBL and 79 in SPYD), based on official issuer holdings as of 2026-02-28.
What does 20.5% overlap mean?
NOBL and SPYD hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do NOBL and SPYD both hold?
The largest shared positions are Target Corp., Franklin Resources, Inc., Federal Realty Investment Trust, Archer-Daniels-Midland Co., Essex Property Trust, Inc.. The full list of top shared holdings with weights in each fund is shown on this page.