NOBL vs XLRE: how much do they overlap?

ProShares S&P 500 Dividend Aristocrats ETF (NOBL) · Real Estate Select Sector SPDR ETF (XLRE)

3.9%

overlap by weight · 3 shared holdings

NOBL: 69 holdings (as of 2026-02-28) · XLRE: 31 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 XLRE 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

CompanyTickerin NOBLin XLRE
Realty Income Corp. O 1.5% 4.61%
Essex Property Trust, Inc. ESS 1.37% 1.93%
Federal Realty Investment Trust FRT 1.47% 0.98%

FAQ

How much do NOBL and XLRE overlap?

NOBL and XLRE have a 3.9% overlap by weight, sharing 3 holdings (out of 69 in NOBL and 31 in XLRE), based on official issuer holdings as of 2026-02-28.

What does 3.9% overlap mean?

NOBL and XLRE hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.

Which stocks do NOBL and XLRE both hold?

The largest shared positions are Realty Income Corp., Essex Property Trust, Inc., Federal Realty Investment Trust. The full list of top shared holdings with weights in each fund is shown on this page.

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