NOBL VS WDIV
4 min read
By Ron Koren, ETF Insider

NOBL VS WDIV

Exchange-Traded Funds (ETFs) have revolutionized the investment landscape, providing investors with easy access to diversified portfolios spanning various sectors and asset classes. In this article, we will conduct an in-depth comparison between two popular ETFs: NOBL (ProShares S&P 500 Dividend Aristocrats ETF) and WDIV (SPDR S&P Global Dividend ETF). Our exploration will encompass critical aspects such as ETF tickers, full names, issuers, sectors, top holdings, capitalization, investment strategy, tracking methodologies, and exposure.

NOBL Vs WDIV: Overview

NOBL and WDIV are distinct ETFs catering to investors seeking exposure to dividend-paying companies. However, their geographic focus sets them apart. While NOBL concentrates on U.S. companies with a history of consistently increasing dividends, WDIV offers a more global perspective by including dividend-paying stocks from international markets. This dichotomy in geographical emphasis results in unique exposure profiles and potential returns for investors.

NOBL Vs WDIV: Sectors and Top Holdings

The underlying sectors of NOBL predominantly revolve around consumer staples, industrials, and healthcare. Its top holdings include renowned dividend aristocrats such as Johnson & Johnson, Procter & Gamble, and Coca-Cola. On the other hand, WDIV's portfolio spans various sectors, with a notable presence in financials, information technology, and healthcare. The top holdings of WDIV encompass international giants like Nestle, Samsung Electronics, and Roche Holdings. Understanding these sector allocations and top holdings assists investors in aligning their investment objectives with the suitable ETF.

NOBL  overlap NOBL VS WDIVNOBL overlap NOBL VS WDIV

NOBL Vs WDIV: Capitalization and Investment Strategy

NOBL boasts a considerable Asset Under Management (AUM), reflecting its popularity among investors looking for stable dividend growth from established U.S. companies. Its investment strategy revolves around tracking the S&P 500 Dividend Aristocrats Index, composed of companies with an impressive dividend history. In contrast, WDIV employs a global perspective, capturing dividend-paying stocks from both developed and emerging markets. The variation in capitalization and investment strategy introduces distinct risk-reward dynamics that investors should carefully assess.

NOBL Vs WDIV: Tracking Methodologies and Exposure

NOBL's primary goal is to mirror the performance of the S&P 500 Dividend Aristocrats Index, ensuring investors access to U.S. companies renowned for consistent dividend hikes. On the other hand, WDIV seeks to replicate the performance of the S&P Global Dividend Aristocrats Index, encompassing dividend-paying stocks from around the world. NOBL achieves tracking by investing in the underlying index constituents, while WDIV employs a sampling methodology due to the global diversity of its index. Understanding these tracking methodologies aids investors in choosing the ETF that best aligns with their desired exposure.

Conclusion

NOBL and WDIV are distinct vehicles catering to investors with differing geographic preferences for dividend exposure. Whether one seeks the stability of U.S. dividend aristocrats or a broader global dividend strategy, these ETFs offer unique opportunities. However, for investors looking to delve deeper into the intricacies of holdings, correlations, overlaps, and other insights, ETF Insider presents an invaluable tool. With its user-friendly app, ETF Insider provides extensive details on these financial instruments and more.

Disclaimer: This article does not offer investment advisory services.

Sources:

ProShares. (n.d.). NOBL - ProShares S&P 500 Dividend Aristocrats ETF. Link
State Street Global Advisors. (n.d.). WDIV - SPDR S&P Global Dividend ETF. Link

NOBL quote and analysis

Discover the top holdings, correlations, and overlaps of ETFs using our visualization tool.
Our app allows you to build and track your portfolio.
To learn more about the NOBL ProShares S&P 500 Dividend Aristocrats ETF, access our dedicated page now.

Get started

FAQ

  • Why is NOBL better than WDIV?

    NOBL may be considered better than WDIV for some investors due to its specific focus, offering diversification.

  • Does WDIV beat NOBL?

    WDIV's performance relative to NOBL will vary over time, depending on market conditions.

  • Should I invest in NOBL or WDIV?

    The choice between NOBL and WDIV should align with your investment goals, risk tolerance, and desired exposure.

  • Are NOBL and WDIV good investments?

    Both NOBL and WDIV can be suitable investments depending on individual investment strategies, goals, and risk profiles.

  • What is the correlation between NOBL and WDIV?

    The correlation between NOBL and WDIV can vary over time, reflecting differences in performance.