ProShares - S&P 500 Dividend Aristocrats ETF (NOBL)
ProShares - S&P 500 Dividend Aristocrats ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $58.31, down 0.24% on the session, giving a market capitalisation of $11.79B. Its beta of 0.60 implies it has historically moved less than the broad market.
This fund allocates a minimum of 80% of its total capital to the constituent equities of its reference index. The benchmark itself is structured to feature at least 40 equally weighted companies, with no single industry sector permitted to exceed 30% of the index's overall composition. The fund's objective is to maintain complete investment in various financial instruments and securities that, in combination, aim to replicate the index's performance, irrespective of prevailing market conditions, trends, or direction.
ProShares - S&P 500 Dividend Aristocrats ETF is most often compared with the following Financial Services names: