Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
DVY vs VPU: how they differ
DVY and VPU hold 23% of their weight in the same names, and DVY returned more over the year.
iShares Select Dividend ETF and Vanguard Utilities Index Fund.
What they hold in common
By the books each fund has filed, DVY and VPU hold 23% of their money in the same securities at the same weight.
| Holding | DVY | VPU |
|---|---|---|
| EDISON INTERNATIONAL | 1.54% | 1.78% |
| DOMINION ENERGY INC | 1.43% | 3.78% |
| EVERSOURCE ENERGY | 1.38% | 1.69% |
| FIRSTENERGY CORP | 1.19% | 1.68% |
| WEC ENERGY GROUP INC | 1.15% | 2.39% |
| EXELON CORP | 1.13% | 3.05% |
| DTE ENERGY COMPANY | 1.12% | 1.96% |
| ALLIANT ENERGY CORP | 1.05% | 1.11% |
| AMERICAN ELECTRIC POWER COMPANY INC | 1.04% | 4.47% |
| PPL CORP | 1.02% | 1.73% |
| CMS ENERGY CORP | 1.01% | 1.46% |
| PUBLIC SERVICE ENTERPRISE GROUP INC | 0.99% | 2.60% |
| Only in DVY | Only in VPU |
|---|---|
| ALTRIA GROUP INC 2.30% | Southern Co/The 6.70% |
| PFIZER INC 2.22% | Duke Energy Corp 6.31% |
| T. ROWE PRICE GROUP INC 2.03% | Constellation Energy Corp 5.86% |
| VERIZON COMMUNICATIONS INC 1.85% | Vistra Corp 3.59% |
| PRUDENTIAL FINANCIAL INC 1.85% | Consolidated Edison Inc 2.52% |
| ONEOK INC 1.84% | PG&E Corp 2.37% |
| HP INC 1.61% | Ameren Corp 1.93% |
| LYONDELLBASELL INDUSTRIES NV 1.53% | Atmos Energy Corp 1.81% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| DVY iShares Select Dividend ETF | VPU Vanguard Utilities Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | US dividend | Utilities |
| Total return, 1 year | +18.0% | +2.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.5 pts | −15.4 pts |
| Expense ratio | 0.38% | 0.09% |
| Already in the S&P 500 | 80.5% | 90.1% |
| Holdings | 100 | 66 |
DVY in plain words
DVY is an index equity fund tracking the US dividend. Over the year to Sep 11, 2026 it returned +18.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.38% a year. By its holdings filed for Apr 30, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 18.3%.
VPU in plain words
VPU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 66 positions, with the top ten at 52.7%. It sat 9.8% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, DVY or VPU?
- In the year to Sep 12, 2026, with distributions reinvested, DVY returned +18.0% and VPU returned +2.1%, so DVY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DVY or VPU?
- DVY charges 0.38% a year and VPU charges 0.09%, so VPU is cheaper. Fees come from each fund's prospectus.
- How much do DVY and VPU overlap with the S&P 500?
- By their latest filed holdings, 80% of DVY and 90% of VPU by weight is stocks the S&P 500 already holds. Between the two funds, 23% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DVY against VPU, data as of Sep 12, 2026. https://etfiq.com/compare/any/DVY-VPU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources