Forget the Dividend Aristocrats: $100,000 in DGRO Grew to $351,740 Including Dividends. NOBL Managed $254,580.

NOBL built its reputation on companies with iron-clad dividend records, but a rival ETF with far looser selection rules has outpaced it in every single time period investors can measure. The reason comes down to one structural flaw baked into NOBL's design from the start.