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ProShares S&P 500 Aristocrats ETF surpasses USD100m

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ProShares’ S&P 500 Aristocrats ETF (NOBL) has gathered more than USD100m in assets since its October 2013 launch.

NOBL is the only ETF or mutual fund that invests in the S&P 500 Dividend Aristocrats, an index composed of the S&P 500 companies that have increased their dividends year over year for at least 25 consecutive years.
 
“NOBL’s rapid success reflects an increasing recognition of the attractiveness of companies with the strongest track records of dividend growth,” says Michael Sapir, chairman and CEO of ProShare Advisors, ProShares' investment advisor. “NOBL’s underlying index, which contains those S&P 500 companies that have grown their dividends for at least 25 consecutive years, has not only outperformed the S&P 500, but has done so with lower volatility.”

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