Which returned more over the last year, DFLV or HDV?

In the year to Oct 9, 2026, with distributions reinvested, DFLV returned +26.4% and HDV +22.1%.

Which is cheaper, DFLV or HDV?

HDV is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do DFLV and HDV overlap with the S&P 500?

By their latest filed holdings, 94% of DFLV and 90% of HDV by weight is stocks the S&P 500 already holds.

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DFLV vs HDV: Differences, Returns & Fees

DFLV and HDV hold 14% of their weight in the same names, and DFLV returned +26.4% over the year. Net assets: $6.8bn on Jul 31, 2026 for Dimensional US Large Cap Value ETF, and $14.9bn on Oct 9, 2026 for iShares Core High Dividend ETF.

HDV costs 0.13 points a year less; their one-year returns differ by 4.3 points; HDV is 2.2 times larger.

DFLV vs HDV: Differences, Returns & Fees
	DFLV	HDV
Expense ratio	0.21%	0.08%
Net assets, as of Jul 31, 2026	$6.8bn	$14.9bn
Total return, 1 year	+26.4%	+22.1%
What it tracks	No index, actively managed	Morningstar Dividend Yield Focus Index
Holdings in common	14%
Top ten holdings, share of the fund	24.8%	55.7%
Below its high		3.9%, high on Aug 19, 2026

Holdings in common uses holdings dated Jul 31, 2026 and Oct 9, 2026.

+26.4%

DFLV total return, 1 year

+22.1%

HDV total return, 1 year

0.21%

DFLV expense ratio

0.08%

HDV expense ratio

What they hold in common

By the books each fund has filed, DFLV and HDV hold 14% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jul 31, 2026 and Oct 9, 2026.

50%

half

14% in common

Positions both hold, largest shared weight first

Holding DFLV HDV

EXXONMOBIL HOLDINGS CORPORATION 3.57% 9.39%

CHEVRON CORPORATION 1.87% 7.07%

THE PROCTER & GAMBLE COMPANY 1.26% 5.47%

VERIZON COMMUNICATIONS INC. 1.14% 5.11%

CONOCOPHILLIPS 0.87% 2.11%

EOG RESOURCES, INC. 0.82% 1.14%

ABBOTT LABORATORIES 0.57% 2.10%

Mondelez International, Inc. 0.55% 1.32%

ONEOK, INC. 0.53% 1.32%

AIR PRODUCTS AND CHEMICALS, INC. 0.48% 0.79%

DEVON ENERGY CORPORATION 0.39% 0.74%

KINDER MORGAN, INC. 0.38% 1.27%

Only in DFLV

JPMORGAN CHASE & CO. 4.79%

AMAZON.COM, INC. 4.00%

JOHNSON & JOHNSON 2.38%

MICRON TECHNOLOGY, INC. 2.30%

BERKSHIRE HATHAWAY INC. 1.81%

UNITEDHEALTH GROUP INCORPORATED 1.54%

MERCK & CO., INC. 1.31%

CISCO SYSTEMS, INC. 1.15%

Only in HDV

ABBVIE 6.89%

PHILIP MORRIS INTERNATIONAL 5.28%

HOME DEPOT 4.40%

COCA-COLA 4.34%

PEPSICO 3.87%

ALTRIA GROUP INC 3.86%

AMGEN INC 2.71%

MCDONALDS CORP 2.54%

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On the same fields

DFLV

Dimensional US Large Cap Value ETF

HDV

iShares Core High Dividend ETF

Where it sits Stock ETF Stock ETF

Issuer Dimensional iShares

What it is Actively managed Tracks an index of High Dividend

Total return, 1 year +26.4% +22.1%

Its benchmark over the same days +26.4% (IWD) not published

Gap to its benchmark 0.0 pts vs IWD not available

Expense ratio 0.21% 0.08%

Already in the S&P 500 93.8% 89.5%

Holdings 334 77

Net assets, DFLV as of Jul 31, 2026 and HDV as of Oct 9, 2026 $6.8bn $14.9bn

DFLV and HDV on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About DFLV

DFLV is actively managed and tracks no index. The prospectus expense ratio is 0.21% a year. By its holdings filed for Jul 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 334 positions, with the top ten at 24.8%.

Over the year to Oct 9, 2026 it returned +26.4% with distributions reinvested, against +26.4% for its benchmark, the Russell 1000 Value Index.

About HDV

HDV tracks an index of High Dividend. Over the year to Oct 9, 2026 it returned +22.1% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 9, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 55.7%. It sat 3.9% below its high of Aug 19, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, DFLV or HDV?: In the year to Oct 9, 2026, with distributions reinvested, DFLV returned +26.4% and HDV +22.1%.
Which is cheaper, DFLV or HDV?: HDV is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DFLV and HDV overlap with the S&P 500?: By their latest filed holdings, 94% of DFLV and 90% of HDV by weight is stocks the S&P 500 already holds.

Other comparisons

DFLV vs NULV DFLV vs DIVB DFLV vs PWV DFLV vs DTD HDV vs VOOV HDV vs SPLV HDV vs SPYD HDV vs JAVA

DFLV on its own →HDV on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DFLV filings on SEC EDGAR ↗DFLV prospectus with the expense ratio (SEC) ↗Dimensional website ↗HDV filings on SEC EDGAR ↗HDV prospectus with the expense ratio (SEC) ↗iShares page for HDV ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DFLV against HDV, data as of Oct 9, 2026. https://etfiq.com/compare/any/dflv-vs-hdv

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.