SCHD vs NOBL
A yield-screened dividend-grower versus the equal-weighted S&P 500 Dividend Aristocrats — 25+ year raisers in one fund. Here’s how SCHD and NOBL compare for dividend investors — with a calculator for each so you can model the income yourself.
SCHD
Schwab U.S. Dividend Equity ETF
- Type
- Dividend-growth ETF
- Issuer
- Charles Schwab
- Pays
- quarterly
SCHD tracks the Dow Jones U.S. Dividend 100 Index, which screens for companies with a long record of paying dividends plus quality and financial-strength filters. It is one of the most widely held dividend-growth ETFs, favoured for its low expense ratio and steadily rising payout.
SCHD dividend calculatorNOBL
ProShares S&P 500 Dividend Aristocrats ETF
- Type
- Dividend-growth ETF
- Issuer
- ProShares
- Pays
- quarterly
NOBL equally weights the S&P 500 Dividend Aristocrats — companies that have increased their dividend for at least 25 consecutive years. It is the best-known way to own the aristocrats as a single fund.
NOBL dividend calculatorSCHD vs NOBL dividend, side by side
Current dividend figures for SCHD and NOBL as of Jul 10, 2026. Yields and payouts change — verify the latest numbers with your broker before investing.
How SCHD and NOBL differ
SCHD — SCHD tracks the Dow Jones U.S. Dividend 100 Index, which screens for companies with a long record of paying dividends plus quality and financial-strength filters. It is one of the most widely held dividend-growth ETFs, favoured for its low expense ratio and steadily rising payout.
NOBL — NOBL equally weights the S&P 500 Dividend Aristocrats — companies that have increased their dividend for at least 25 consecutive years. It is the best-known way to own the aristocrats as a single fund.
In practice the choice comes down to your goal. SCHD suits an investor who wants a rising dividend over time rather than the highest starting yield, while NOBL suits one who wants a rising dividend over time rather than the highest starting yield. The two are not mutually exclusive — plenty of portfolios hold a growth-oriented fund and an income-oriented one together. What matters is matching each to its job and not judging a fund on its headline yield alone.
Rather than compare a single snapshot yield (which moves daily), open each calculator and enter current figures: the SCHD calculator and the NOBL calculator. To compare long-term compounding head to head, run the same contributions through the dividend reinvestment calculator with each fund’s assumptions.
SCHD vs NOBL FAQ
- What's the main difference between SCHD and NOBL?
- SCHD is a dividend-growth etf from Charles Schwab; NOBL is a dividend-growth etf from ProShares. A yield-screened dividend-grower versus the equal-weighted S&P 500 Dividend Aristocrats — 25+ year raisers in one fund.
- Does SCHD or NOBL pay more dividends?
- As of Jul 10, 2026, SCHD yields about 3.25% and NOBL about 2.07%, so SCHD currently pays the higher yield. SCHD pays quarterly; NOBL pays quarterly. Yields move daily, so verify current figures and use the calculators below to model the income yourself. Higher-yield funds pay more today, while dividend-growth funds start lower and raise the payout over time.
- Which is better, SCHD or NOBL?
- Neither is universally better — they suit different goals. SCHD fits an investor who wants a rising dividend over time rather than the highest starting yield; NOBL fits one who wants a rising dividend over time rather than the highest starting yield. Match the fund to your objective, time horizon, and tax situation, and consider a licensed advisor.
- Can I hold both SCHD and NOBL?
- Many investors do, to blend current income with growth. Just be aware of overlap — if both hold similar large-cap US stocks, you may be less diversified than the two tickers suggest.