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ProShares S&P 500 ® Dividend Aristocrats ETF seeks investment results, before fees and expenses, that track the performance of the S&P 500 ® Dividend Aristocrats ® Index.
exclusively on the S&P 500® Dividend Aristocrats®—a rare breed of high-quality large-cap companies that have raised their dividends for at least 25 years.
S&P 500 Dividend Aristocrats Index is designed to measure the performance of companies in the S&P 500 Index that have consistently increased dividends each year for at least 25 years.
NOBL follows the S&P 500 Dividend Aristocrats Index, which includes companies in the S&P 500 that have increased dividends every year for at least 25 consecutive years. As of February 1, 2023 the index
ProShares S&P 500 ® Dividend Aristocrats ETF seeks investment results, before fees and expenses, that track the performance of the S&P 500 ® Dividend Aristocrats ® Index.
Dividend-growth stocks, like those in the S&P 500® Dividend Aristocrats® Index, typically exhibit stable earnings, solid fundamentals and strong histories of profit and growth—and investing in them may contribute to a more resilient portfolio.
During the third quarter, NOBL’s benchmark, the S&P 500® Dividend Aristocrats ® Index, outperformed the S&P 500 by 5.9% (11.7% vs. 5.9%). The outperformance can be attributed to both sector allocation and security selection. Fund performance and index history1 3Q 2024 YTD 1-Year 3-Year 5-Year 10-Year Fund Inception 10/9/13
NOBL S&P 500® Dividend Aristocrats ETF This Summary Prospectus is designed to provide investors with key fund information in a clear and concise format.Before you invest,you may want to review the Fund’s Full Prospectus, which contains more information about the Fund and its risks.
ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is the only ETF focused exclusively on the S&P 500 Dividend Aristocrats. NOBL’s strategy has allowed investors to capture most of the gains of rising markets, and less of the loss in falling markets. 6
This annual shareholder report contains important information about S&P 500 Dividend Aristocrats ETF (the “Fund”) for the period of June 1, 2023 to May 31, 2024. You can find additional information about the Fund at https://www.proshares.com/shareholder_reports.