SmarterDividends

NOBL vs VYM: Which Is the Better Dividend Stock?

As of Nov 2, 2026, VYM (Vanguard High Dividend Yield Index Fund ETF Shares) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. VYM offers the higher yield at 2.25%, NOBL has the higher dividend-safety score, and NOBL looks like the better value (its fair-value estimate is 64% below its share price).

Key facts: NOBL vs VYM

Data as of · Source: SmarterDividends data

  • As of Nov 2, 2026, Vanguard High Dividend Yield Index Fund ETF Shares (VYM) has the higher forward dividend yield at 2.25%, versus 1.98% for ProShares S&P 500 Dividend Aristocrats ETF (NOBL).
  • As of Nov 2, 2026, SmarterDividends grades NOBL's dividend safety B (67/100) and VYM's C (63/100).
  • By SmarterDividends' count as of Nov 2, 2026, NOBL has raised its dividend for 3 consecutive years and VYM for 15.
  • As of Nov 2, 2026, NOBL's fair-value estimate is 64% below its share price and VYM's fair-value estimate is 66% below its share price, so NOBL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NOBL vs VYM: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/nobl-vs-vym

MetricNOBLVYM
Forward yield1.98%2.25%
Annual dividend$1.17$3.68
Payout ratio——
Years of growth3 yr15 yr
5-yr dividend growth5.4%3.8%
5-yr total return28%55%
Dividend safety score67 (B)63 (C)
Fair value estimate$21.32$55.33
Upside to fair value-64%-66%
Frequencyquarterlyquarterly
Market cap——
P/E ratio23.420.5

Higher yield

VYM

2.25%

Safer dividend

NOBL

Grade B

Faster growth

NOBL

5.4%

Better value

NOBL

-64% upside

NOBL vs VYM — FAQ

Is NOBL or VYM a better dividend stock?

On the data, VYM wins more head-to-head categories (4 vs 3). VYM offers the higher yield (2.25%), while NOBL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, NOBL or VYM?

VYM has the higher forward dividend yield at 2.25%, versus 1.98% for NOBL.

Is NOBL or VYM safer?

NOBL has the higher dividend-safety score (67/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.

Is NOBL or VYM better value right now?

As of Nov 2, 2026, NOBL looks like the better value: its fair-value estimate is 64% below its share price (overvalued). For VYM, its fair-value estimate is 66% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.