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?

It depends on current figures, which change — use the calculators linked below with each fund's live yield rather than a fixed number. As a rule, 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.

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 calculator

NOBL

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 calculator

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.

Educational comparison only — not a recommendation to buy or sell either fund. Yields and strategies change; verify current figures and consider a licensed advisor.

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?: It depends on current figures, which change — use the calculators linked below with each fund's live yield rather than a fixed number. As a rule, 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.

See all dividend ETF comparisons →