The NOBL Exchange Traded Fund (ETF) is provided by ProShares. This ETF provides exposure to Equally Weighted Large Cap US Equities.
It is built to track an index: S&P 500 Dividend Aristocrats Total Return Index – USD. This ETF provides physical exposure, by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly).
This share class generates a stream of income by distributing dividends.