Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
HDV vs ISPY: how they differ
Over the year HDV returned more, +22.5% against +14.4%, and HDV charges 0.08% against 0.56%.
iShares Core High Dividend ETF and ProShares S&P 500 High Income ETF.
What they hold in common
By the books each fund has filed, HDV and ISPY hold 9% of their money in the same securities at the same weight.
| Holding | HDV | ISPY |
|---|---|---|
| EXXON MOBIL CORP | 8.45% | 0.84% |
| JOHNSON & JOHNSON | 5.70% | 0.75% |
| ABBVIE INC | 5.45% | 0.53% |
| CHEVRON CORP | 6.45% | 0.47% |
| PROCTER & GAMBLE COMPANY (THE) | 4.47% | 0.46% |
| HOME DEPOT INC (THE) | 4.08% | 0.43% |
| COCA-COLA COMPANY (THE) | 3.88% | 0.42% |
| MERCK & COMPANY INC | 3.78% | 0.41% |
| TEXAS INSTRUMENTS INC | 3.55% | 0.38% |
| PHILIP MORRIS INTERNATIONAL INC | 4.18% | 0.38% |
| QUALCOMM INC | 2.38% | 0.37% |
| PEPSICO INC | 3.67% | 0.27% |
| Only in HDV | Only in ISPY |
|---|---|
| ACCENTURE PLC 1.65% | ProShares GENIUS Money Market ETF 10.56% |
| MEDTRONIC PLC 1.55% | NVIDIA Corp. 7.07% |
| COTERRA ENERGY INC 0.37% | Apple, Inc. 6.31% |
| WATSCO INC 0.23% | Microsoft Corp. 4.60% |
| OGE ENERGY CORP 0.17% | Amazon.com, Inc. 3.64% |
| DT MIDSTREAM INC 0.16% | Alphabet, Inc. 3.05% |
| ANTERO MIDSTREAM CORP 0.13% | Broadcom, Inc. 2.92% |
| PORTLAND GENERAL ELECTRIC COMPANY 0.11% | Alphabet, Inc. 2.42% |
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.
| HDV iShares Core High Dividend ETF | ISPY ProShares S&P 500 High Income ETF | |
|---|---|---|
| Where it sits | Core index fund | Income ETF |
| Issuer | iShares | ProShares |
| What it is | Core High Dividend | covered call, vs SPY |
| Total return, 1 year | +22.5% | +14.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.0 pts | −3.1 pts |
| Cash paid, 1 year | not an income fund | 5.7% |
| Expense ratio | 0.08% | 0.56% |
| Holdings | 75 | not filed |
HDV in plain words
HDV is an index equity fund tracking the Core High Dividend. Over the year to Sep 11, 2026 it returned +22.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 75 positions, with the top ten at 50.2%.
ISPY in plain words
Over the year to Sep 11, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 8.4%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 5.8%, paid monthly.
Questions people ask
- Which returned more over the last year, HDV or ISPY?
- In the year to Sep 12, 2026, with distributions reinvested, HDV returned +22.5% and ISPY returned +14.4%, so HDV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HDV or ISPY?
- HDV charges 0.08% a year and ISPY charges 0.56%, so HDV is cheaper. Fees come from each fund's prospectus.
- Are HDV and ISPY the same kind of fund?
- No. HDV is an index ETF and ISPY is an option-income ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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, HDV against ISPY, data as of Sep 12, 2026. https://etfiq.com/compare/any/HDV-ISPY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources