Income

NOBL holds every member at close to the same weight and resets them to equal four times a year, and that changes the shape of this page. In a fund weighted by company size, the biggest names write most of the cheques. Not here. A small high yielding member contributes about as much income as a large low yielding one, so this table reads closer to a ranking by yield than a ranking by size, and no single holding can dominate the total.

What you are looking at is what today's holdings would pay across a full year at the amount you set. It is not what the ProShares fund distributed. The S&P 500 Dividend Aristocrats index adds and removes members as twenty five year raise records are made and broken, and the quarterly reset moves the weights again on its own schedule, so the income mix shifts even in a year when none of the companies change anything.