Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
HDV vs VOE: how they differ
HDV and VOE hold 11% of their weight in the same names, and HDV returned more over the year.
iShares Core High Dividend ETF and Vanguard Mid-Cap Value Index Fund.
What they hold in common
By the books each fund has filed, HDV and VOE hold 11% of their money in the same securities at the same weight.
| Holding | HDV | VOE |
|---|---|---|
| SLB LTD | 1.01% | 1.21% |
| WILLIAMS COMPANIES INC (THE) | 1.22% | 0.79% |
| AMERICAN ELECTRIC POWER COMPANY INC | 0.98% | 0.65% |
| KIMBERLY CLARK CORP | 0.77% | 0.63% |
| ENTERGY CORP | 0.62% | 0.95% |
| WEC ENERGY GROUP INC | 0.59% | 0.66% |
| PUBLIC SERVICE ENTERPRISE GROUP INC | 0.59% | 0.70% |
| AIR PRODUCTS AND CHEMICALS INC | 0.84% | 0.57% |
| KINDER MORGAN INC | 1.09% | 0.52% |
| DTE ENERGY COMPANY | 0.47% | 0.47% |
| M&T BANK CORP | 0.47% | 0.51% |
| REGIONS FINANCIAL CORP | 0.47% | 0.45% |
| Only in HDV | Only in VOE |
|---|---|
| EXXON MOBIL CORP 8.45% | Cummins Inc 1.71% |
| CHEVRON CORP 6.45% | Valero Energy Corp 1.34% |
| JOHNSON & JOHNSON 5.70% | Marathon Petroleum Corp 1.29% |
| ABBVIE INC 5.45% | CRH PLC 1.24% |
| PROCTER & GAMBLE COMPANY (THE) 4.47% | United Rentals Inc 1.23% |
| PHILIP MORRIS INTERNATIONAL INC 4.18% | General Motors Co 1.21% |
| HOME DEPOT INC (THE) 4.08% | Simon Property Group Inc 1.20% |
| COCA-COLA COMPANY (THE) 3.88% | Phillips 66 1.18% |
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 Jun 30, 2026.
| HDV iShares Core High Dividend ETF | VOE Vanguard Mid-Cap Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | Core High Dividend | Mid-Cap Value |
| Total return, 1 year | +22.5% | +20.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.0 pts | +2.7 pts |
| Expense ratio | 0.08% | 0.05% |
| Already in the S&P 500 | 98.0% | 96.6% |
| Holdings | 75 | 170 |
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%.
VOE in plain words
VOE is an index equity fund tracking the Mid-Cap Value. Over the year to Sep 11, 2026 it returned +20.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 12.7%.
Questions people ask
- Which returned more over the last year, HDV or VOE?
- In the year to Sep 12, 2026, with distributions reinvested, HDV returned +22.5% and VOE returned +20.2%, so HDV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HDV or VOE?
- HDV charges 0.08% a year and VOE charges 0.05%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do HDV and VOE overlap with the S&P 500?
- By their latest filed holdings, 98% of HDV and 97% of VOE by weight is stocks the S&P 500 already holds. Between the two funds, 11% 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, HDV against VOE, data as of Sep 12, 2026. https://etfiq.com/compare/any/HDV-VOE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources