HomeCompareSPAQ vs NOBL

SPAQ vs NOBL: Dividend Comparison 2026

SPAQ yields 16.68% · NOBL yields 2.14%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 SPAQ wins by $36.6K in total portfolio value
10 years
SPAQ
SPAQ
● Live price
16.68%
Share price
$90.73
Annual div
$15.13
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$59.4K
Annual income
$4,644.89
Full SPAQ calculator →
NOBL
NOBL
● Live price
2.14%
Share price
$106.01
Annual div
$2.27
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$22.8K
Annual income
$246.19
Full NOBL calculator →

Portfolio growth — SPAQ vs NOBL

📍 SPAQ pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodSPAQNOBL
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, SPAQ + NOBL cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
SPAQ pays
NOBL pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

SPAQ
Annual income on $10K today (after 15% tax)
$1,417.62/yr
After 10yr DRIP, annual income (after tax)
$3,948.16/yr
NOBL
Annual income on $10K today (after 15% tax)
$182.19/yr
After 10yr DRIP, annual income (after tax)
$209.26/yr
At 15% tax rate, SPAQ beats the other by $3,738.90/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of SPAQ + NOBL for your $10,000?

SPAQ: 50%NOBL: 50%
100% NOBL50/50100% SPAQ
Portfolio after 10yr
$41.1K
Annual income
$2,445.54/yr
Blended yield
5.95%
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SPAQ buys
0
NOBL buys
0
No recent congressional trades found for SPAQ or NOBL in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricSPAQNOBL
Forward yield16.68%2.14%
Annual dividend / share$15.13$2.27
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%0%
Portfolio after 10y$59.4K$22.8K
Annual income after 10y$4,644.89$246.19
Total dividends collected$30.6K$2.3K
Payment frequencyquarterlyquarterly
SectorStockETF

Year-by-year: SPAQ vs NOBL ($10,000, DRIP)

YearSPAQ PortfolioSPAQ Income/yrNOBL PortfolioNOBL Income/yrGap
1← crossover$12,368$1,667.79$10,914$214.34+$1.5KSPAQ
2$15,161$1,927.74$11,897$218.63+$3.3KSPAQ
3$18,431$2,208.56$12,952$222.72+$5.5KSPAQ
4$22,231$2,509.23$14,086$226.62+$8.1KSPAQ
5$26,615$2,828.49$15,302$230.33+$11.3KSPAQ
6$31,643$3,164.83$16,607$233.85+$15.0KSPAQ
7$37,375$3,516.54$18,007$237.18+$19.4KSPAQ
8$43,873$3,881.78$19,508$240.35+$24.4KSPAQ
9$51,202$4,258.57$21,116$243.35+$30.1KSPAQ
10$59,431$4,644.89$22,841$246.19+$36.6KSPAQ

SPAQ vs NOBL: Complete Analysis 2026

SPAQStock

The Horizon Kinetics SPAC Active ETF seeks to generate realized capital gains on a risk-adjusted basis by investing in special purpose acquisition companies believed to generate net realized capital gains.

Full SPAQ Calculator →

NOBLETF

The fund will invest at least 80% of its total assets in component securities of the index. The index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the index weight. It seeks to remain fully invested at all times in securities and/or financial instruments that, in combination, provide exposure to the returns of the index without regard to market conditions, trends or direction.

Full NOBL Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.