Which returned more over the last year, DIVB or PEY?

In the year to Oct 28, 2026, with distributions reinvested, DIVB returned +36.6% and PEY +19.2%.

Which is cheaper, DIVB or PEY?

DIVB is cheaper, by 0.63 percentage points a year. That is about $63 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do DIVB and PEY overlap with the S&P 500?

By their latest filed holdings, 90% of DIVB and 51% of PEY by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

DIVB vs PEY: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, DIVB returned +36.6% to PEY's +19.2%; 12% of their weight is in the same names.

askIQ about this page

askIQ about DIVB and PEY

Net assets on Oct 27, 2026: $2.2bn for iShares Core Dividend ETF and $1.1bn for Invesco High Yield Equity Dividend Achievers ETF.

DIVB on its own →PEY on its own →

At a glance

+36.6%

DIVB total return, 1 year

+19.2%

PEY total return, 1 year

0.05%

DIVB expense ratio

0.68%

PEY expense ratio

Pair scorecard

DIVB costs 0.63 points a year less; their one-year returns differ by 17.4 points; DIVB is 2.0 times larger.

DIVB vs PEY: Differences, Returns & Fees
Measure	DIVB	PEY
Return
Measure	DIVB	PEY
Total return, 1 year	+36.6%	+19.2%
Drawdown
Measure	DIVB	PEY
Below its high		4.3%, high on Aug 26, 2026
Benchmark
Measure	DIVB	PEY
What it tracks	Morningstar US Dividend and Buyback Index	Nasdaq US Dividend Achievers 50 Index
Cost and size
Measure	DIVB	PEY
Expense ratio	0.05%	0.68%
Net assets, as of Oct 27, 2026	$2.2bn	$1.1bn
Holdings
Measure	DIVB	PEY
Holdings in common	12%
Top ten holdings, share of the fund	32.6%	30.0%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Nov 17, 2017 to Oct 23, 2026 · 466 weekly returns

DIVB PEY

Return

Total return edge DIVB +252.9% +109.1%

Annualized edge DIVB +15.1% +8.6%

Price return edge DIVB +183.8% +40.4%

Risk

Volatility edge DIVB (slight) 18.1% 19.7%

Max drawdown edge DIVB (slight) −35.0% −38.5%

Risk-adjusted

Sharpe edge DIVB 0.72 0.38

Sortino edge DIVB 1.02 0.53

Calmar edge DIVB 0.43 0.22

Reading

DIVB returned more: +252.9% to +109.1%. DIVB swung slightly less: 18.1% to 19.7%. DIVB fell slightly less at its worst: −35.0% to −38.5%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: DIVB vs PEY: Differences, Returns & Fees
Measure	DIVB	PEY	Edge	How it is measured
Return
Total return	+252.9%	+109.1%	DIVB	Price change plus distributions, reinvested.
Annualized	+15.1%	+8.6%	DIVB	Total return as a yearly rate.
Price return	+183.8%	+40.4%	DIVB	Price change alone, distributions left out.
Risk
Volatility	18.1%	19.7%	DIVB (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	12.7%	14.0%	DIVB (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−35.0%	−38.5%	DIVB (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.72	0.38	DIVB	Return above Treasury bills per unit of volatility.
Sortino	1.02	0.53	DIVB	Return above Treasury bills per unit of downside deviation.
Calmar	0.43	0.22	DIVB	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 466 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

12%

By the books each fund has filed, DIVB and PEY hold 12% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

12% in common

Positions both hold · largest shared weight first DIVB PEY

HP INC 2.23% 2.01%

CHEVRON 1.88% 1.71%

PAYCHEX 2.05% 1.40%

PFIZER 1.38% 2.86%

ALTRIA GROUP INC 1.07% 3.01%

VERIZON COMMUNICATIONS INC 1.01% 2.26%

COMCAST CLASS A 0.66% 1.84%

BRISTOL MYERS SQUIBB 0.64% 1.58%

UNITED PARCEL SERVICE INC CLASS B 0.42% 2.90%

TARGET CORP 0.30% 1.19%

US BANCORP 0.30% 1.48%

KIMBERLY CLARK 0.24% 2.15%

Only in one fund ↓

Only in DIVB

ACCENTURE PLC CLASS A 6.06%

INTERNATIONAL BUSINESS MACHINES CO 5.12%

AUTOMATIC DATA PROCESSING INC 5.06%

COGNIZANT TECHNOLOGY SOLUTIONS CLA 3.07%

EXXONMOBIL HOLDINGS CORP 2.69%

JPMORGAN CHASE & CO 2.40%

JOHNSON & JOHNSON 2.04%

ABBVIE 1.92%

Only in PEY

Perrigo Co PLC 3.92%

Flowers Foods Inc 3.66%

Universal Corp 2.90%

Avista Corp 2.41%

Main Street Capital Corp 2.19%

Robert Half Inc 2.18%

Black Hills Corp 2.01%

Insperity Inc 1.98%

Check overlap with more funds →

Side by side

DIVB iShares Core Dividend ETF PEY Invesco High Yield Equity Dividend Achievers ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Invesco

What it is Tracks an index Tracks an index

Total return, 1 year +36.6% +19.2%

Expense ratio 0.05% 0.68%

Already in the S&P 500 89.6% 50.6%

Holdings 382 51

Net assets, as of Oct 27, 2026 $2.2bn $1.1bn

DIVB and PEY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-E04A86F23B

DIVB and PEY are built for the same job. How do they differ in cost, holdings and results?

What each follows. DIVB follows Morningstar US Dividend and Buyback Index and PEY follows Nasdaq US Dividend Achievers 50 Index.
Holdings in common. 12% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 DIVB returned +36.6% and PEY +19.2% with distributions reinvested, a gap of 17.4 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

DIVB

DIVB tracks an index. Over the year to Oct 28, 2026 it returned +36.6% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 382 positions, with the top ten at 32.6%.

PEY

PEY tracks an index. Over the year to Oct 28, 2026 it returned +19.2% with distributions reinvested. The prospectus expense ratio is 0.68% a year. By its holdings published by its issuer for Oct 27, 2026, 51% of the fund by weight is stocks the S&P 500 also holds, across 51 positions, with the top ten at 30.0%. It sat 4.3% below its high of Aug 26, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DIVB or PEY?: In the year to Oct 28, 2026, with distributions reinvested, DIVB returned +36.6% and PEY +19.2%.
Which is cheaper, DIVB or PEY?: DIVB is cheaper, by 0.63 percentage points a year. That is about $63 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DIVB and PEY overlap with the S&P 500?: By their latest filed holdings, 90% of DIVB and 51% of PEY by weight is stocks the S&P 500 already holds.

Other comparisons

DIVB vs VFMF DIVB vs FXO DIVB vs IVOV DIVB vs RWK DSTL vs PEY MDYV vs PEY PEY vs RPV PEY vs PKW

Where to next

DIVB on its own →PEY on its own →Hold both: look the portfolio through →Rankings →DIVB dividend history →DIVB holdings →PEY dividend history →PEY holdings →Standards and sources →

Sources and dates

DIVB filings on SEC EDGAR ↗

DIVB prospectus with the expense ratio (SEC) ↗

iShares page for DIVB ↗

PEY filings on SEC EDGAR ↗

PEY prospectus with the expense ratio (SEC) ↗

Invesco page for PEY ↗

Links are sources, not endorsements. 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, DIVB against PEY, data as of Oct 28, 2026. https://etfiq.com/compare/any/divb-vs-pey

Open data →

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