ProShares S&P 500 Dividend Aristocrats ETF rated 'Buy' despite recent lagging performance.

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) maintains a 'Buy' rating despite underperforming the S&P 500 recently. It offers a portfolio of high-quality U.S. dividend-growing companies with a 2.1% yield and a moderate expense ratio of 0.35%. Valuation is attractive at 18.4 times earnings, below the S&P 500 average, though the PEG ratio suggests no deep value. Technically, NOBL faces resistance at $110 but benefits from a rising 200-day moving average and seasonal strength through August, making it a solid choice for value-oriented investors.