|Bid||67.69 x 1200|
|Ask||69.68 x 1200|
|Day's Range||67.54 - 68.59|
|52 Week Range||48.62 - 76.58|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-9.34%|
|Beta (5Y Monthly)||0.93|
|Expense Ratio (net)||0.35%|
Dividend stocks frequently sport multiples in excess of the broader market, but dividend growth, accessible via the ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) , may also be showing reasonable pricing in the current environment. NOBL tracks the S&P 500 Dividend Aristocrats Index, targets the cream of the crop, only selecting components that have increased their dividends for at least 25 consecutive years. “Many higher-yielding dividend stocks are facing short-term headwinds, owing to their value investing traits, but the outlook is better over the long term thanks to solid macroeconomic fundamentals,” reports Lawrence Strauss for Barron's.
The ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) , which combines quality and dividend growth, continues drawing praise from various corners of the market. NOBL tracks the S&P 500 Dividend Aristocrats Index, targets the cream of the crop, only selecting components that have increased their dividends for at least 25 consecutive years. It owns all of the Dividend Aristocrats, which totaled 57 at the end of 2019,” according to GuruFocus.com. “There are seven new additions to the Dividend Aristocrats for 2020, meaning the fund will add to its portfolio holdings to reflect these additions.
Technology is becoming more credible for investors seeking quality dividend growth and the ProShares S&P Technology Dividend Aristocrats ETF (CBOE:TDV) is a fine idea for those seeking broad exposure to that theme. TDV, which debuted last November, follows the S&P Technology Dividend Aristocrats, which requires member firms to have payout increase streaks of at least seven years. Its 34 holdings are equally weighted, a strategy that helps reduce single-stock risk, but the fund is nonetheless exposed to some tech dividend payers with attractive traits.
Quality dividend growth ETF strategies in small- and mid-caps are well positioned for today’s market environment. In the recent webcast, Dividend Growth Strategies: A Big Idea for Small and Mid Caps, Simeon Hyman, Global Investment Strategist, ProShares, helped provide an overview of what the markets have just gone through, highlighting a strong 2019 for most risk assets with U.S. large-caps leading the charge in global markets. Hyman also pointed out that the economy still enjoys low inflation and low unemployment levels.
As global markets struggle with the rapidly-spreading coronavirus, dividend growth ETFs can help maintain steady income flows for investors.
After a stellar year, the SPDR S&P 500 ETF (SPY) continued to strengthen in 2020 and is already up 3.1% so far, breaking out with six new all-time highs in the first 12 trading days. Despite the strong gains, many investors still remain bullish on the equity market outlook. According to the survey, 76% of wealthy investors place a high grade on the U.S. economy, and there has been a 16% jump among investors whom expect the market to rise by as much as 5% this quarter.
The S&P 500 is trading for just over 18.5x expected earnings. That’s not alarmingly high, but it’s higher than the 15x seen a year ago, prompting some talk that some corners of the market are getting pricey. ...
Coming off a year in which it gained 27.4% while hauling in $1.81 billion in new assets, the ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) appears poised for success in 2020. That success could be facilitated ...
S&P 500 earnings growth is expected to notch a 9.6% increase next with five sectors – energy, industrials, materials, consumer discretionary and communication services – expected to post double-digit growth, ...
The ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) is higher by 23.54% year-to-date, not far off the pace being set by the S&P 500. In NOBL's case, being nearly inline with the S&P 500 is impressive because the ProShares fund offers lower volatility than broader benchmarks. NOBL tracks the S&P 500 Dividend Aristocrats Index, targets the cream of the crop, only selecting components that have increased their dividends for at least 25 consecutive years.
This past summer, as investors continued to swallow up bonds faster than a thirsty camel in the desert sun, it put downward pressure Treasury yields amid the scramble for safe-haven assets. However, one way to combat negative yields is by adding more dividend-yielding equities via exchange-traded funds (ETFs).
Investors often believe that dividend stocks trade at premiums to broader equity benchmarks due to the combination of defensive, quality traits and above-average yields. A tinge of value could benefit NOBL, which is up more than 20% this year and has been luring investors looking for income and reduced volatility. NOBL tracks the S&P 500 Dividend Aristocrats Index, targets the cream of the crop, only selecting components that have increased their dividends for at least 25 consecutive years.
Investors who are looking for ways to diversify should also consider the long-term potential of the Dividend Aristocrats or ETFs that focus on the dividend growth theme and how these strategies can fit into a well-rounded portfolio. On the recent webcast, Dividend Aristocrats—Quality Strategies When Volatility Heats Up, Kieran Kirwan, Director of Investment Strategy, ProShares, warned of the variable nature of volatility and highlighted quality dividend growth strategies as a way to help a portfolio curb the wild moves. The markets experienced heightened levels of volatility the past year, with many asset categories swinging back to double-digit gains this year after suffering through double-digit losses in 2018.
Faced with intense market uncertainty fueled by trade wars, political discourse, earnings pressures and more, advisors are looking for quality investments—strategies like the Dividend Aristocrats—that ...
Up nearly 18% year-to-date, the ProShares S&P 500 Aristocrats ETF (CBOE: NOBL) is been steady for much of this year, including the third quarter when a slew of S&P 500 boosted dividends. NOBL tracks the S&P 500 Dividend Aristocrats Index, targets the cream of the crop, only selecting components that have increased their dividends for at least 25 consecutive years. “According to S&P Dow Jones, there were 426 dividend increases in the third quarter of 2019, down from 460 a year earlier.
Dividend yields recently surpassed those of benchmark Treasury notes for the first time since 2016, potentially providing further support for equity markets and dividend-paying stock exchange traded funds in this prolonged low-rate environment. According to Bank of America data, dividend yields for the S&P 500 index at 1.89% surpassed the yield of 10-year Treasuries at 1.5% for the first time in three years, CNBC reports. “Stocks are a ‘no brainer’ vs. bonds,” Bank of America analyst Savita Subramanian said in a note.
The latest manufacturing data from the Institute of Supply Management (ISM) are reflecting a potential economic slowdown, which could further fuel a flight to bonds and thus, cause yields to fall lower as bond prices head skyward. President of Bianco Research, James Bianco says investors should opt for the lower yields when considering the stock market crash alternative. “What we showed was we went to 3.25% for a couple of weeks and the U.S. stock market broke.