ProShares S&P 500 Aristocrats ETF (NYSEArca: NOBL)
Comment: At just three weeks old, the ProShares S&P 500 Aristocrats ETF is the newest member of this list, so judging asset-gathering proficiency and performance at this point might be a tad hasty. The S&P 500 Dividend Aristocrats Index, which requires a dividend increase streak of at least 25 years for membership, has a yield of 2.57% and 54 holdings as of August 31, according to ProShares data.
No stock accounts for more than 2.03% of the index’s weight. NOBL is part of the expanding lineup of ProShares ETFs that are NOT inverse or leveraged plays and with these being gilded days for dividends, NOBL could be one ETF with impeccable timing.
NOBL’s index has a 23.7% weight to staples while industrials, materials, health care, consumer discretionary and financials also get double-digit allocations.