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

In the year to Oct 28, 2026, with distributions reinvested, DVY returned +17.1% and HDV +29.4%.

Which is cheaper, DVY or HDV?

HDV is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 80% of DVY and 90% of HDV by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

DVY vs HDV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DVY returned +17.1% to HDV's +29.4%; 21% of their weight is in the same names.

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Net assets on Oct 27, 2026: $23.4bn for iShares Select Dividend ETF and $15.9bn for iShares Core High Dividend ETF.

DVY on its own →HDV on its own →

At a glance

+17.1%

DVY total return, 1 year

+29.4%

HDV total return, 1 year

0.38%

DVY expense ratio

0.08%

HDV expense ratio

Pair scorecard

HDV costs 0.30 points a year less; their one-year returns differ by 12.3 points; DVY is 1.5 times larger.

DVY vs HDV: Differences, Returns & Fees
Measure	DVY	HDV
Return
Measure	DVY	HDV
Total return, 1 year	+17.1%	+29.4%
Benchmark
Measure	DVY	HDV
What it tracks	Dow Jones U.S. Select Dividend Index	Morningstar Dividend Yield Focus Index
Cost and size
Measure	DVY	HDV
Expense ratio	0.38%	0.08%
Net assets, as of Oct 27, 2026	$23.4bn	$15.9bn
Holdings
Measure	DVY	HDV
Holdings in common	21%
Top ten holdings, share of the fund	19.7%	55.6%

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

Risk and return

Apr 8, 2011 to Oct 23, 2026 · 811 weekly returns

DVY HDV

Return

Total return edge DVY (slight) +432.2% +414.1%

Annualized edge DVY (slight) +11.3% +11.1%

Price return edge DVY (slight) +208.7% +197.8%

Risk

Volatility edge HDV 16.1% 13.9%

Max drawdown edge HDV −38.1% −33.4%

Risk-adjusted

Sharpe edge HDV (slight) 0.64 0.71

Sortino edge HDV (slight) 0.92 1.00

Calmar edge HDV 0.30 0.33

Reading

DVY returned slightly more: +432.2% to +414.1%. HDV swung less: 13.9% to 16.1%. HDV fell less at its worst: −33.4% to −38.1%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: DVY vs HDV: Differences, Returns & Fees
Measure	DVY	HDV	Edge	How it is measured
Return
Total return	+432.2%	+414.1%	DVY (slight)	Price change plus distributions, reinvested.
Annualized	+11.3%	+11.1%	DVY (slight)	Total return as a yearly rate.
Price return	+208.7%	+197.8%	DVY (slight)	Price change alone, distributions left out.
Risk
Volatility	16.1%	13.9%	HDV	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	11.3%	9.8%	HDV	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−38.1%	−33.4%	HDV	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.64	0.71	HDV (slight)	Return above Treasury bills per unit of volatility.
Sortino	0.92	1.00	HDV (slight)	Return above Treasury bills per unit of downside deviation.
Calmar	0.30	0.33	HDV	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 811 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

21%

By the books each fund has filed, DVY and HDV hold 21% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

21% in common

Positions both hold · largest shared weight first DVY HDV

ALTRIA GROUP INC 2.27% 3.75%

VERIZON COMMUNICATIONS INC 1.65% 5.12%

CHEVRON 1.59% 7.22%

ONEOK 1.87% 1.34%

PHILIP MORRIS INTERNATIONAL 1.22% 5.04%

MONDELEZ INTERNATIONAL CLASS A 1.21% 1.29%

EOG RESOURCES 1.41% 1.18%

EXXONMOBIL HOLDINGS CORP 1.13% 9.48%

DOMINION ENERGY 1.42% 1.10%

COCA-COLA 1.04% 4.26%

KIMBERLY CLARK 1.65% 0.88%

NEXTERA ENERGY 0.81% 2.54%

Only in one fund ↓

Only in DVY

HP INC 2.54%

PFIZER 2.42%

PRUDENTIAL FINANCIAL INC 2.12%

TARGET CORP 1.61%

BEST BUY 1.56%

APA 1.43%

GENERAL MILLS INC 1.41%

VALERO ENERGY CORP 1.38%

Only in HDV

ABBVIE 6.77%

PROCTER & GAMBLE 5.46%

HOME DEPOT 4.57%

PEPSICO 3.89%

AMGEN INC 2.78%

CONOCOPHILLIPS 2.21%

ABBOTT LABORATORIES 2.06%

MEDTRONIC PLC 1.83%

Check overlap with more funds →

Side by side

DVY iShares Select Dividend ETF HDV iShares Core High Dividend ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks an index of US dividend Tracks an index of High Dividend

Total return, 1 year +17.1% +29.4%

Expense ratio 0.38% 0.08%

Already in the S&P 500 80.1% 89.5%

Holdings 101 77

Net assets, as of Oct 27, 2026 $23.4bn $15.9bn

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

Client brief · page 1 of 2 Report BR-E5B51177BB

DVY and HDV do different jobs. What does each one do in a portfolio?

What each follows. DVY follows Dow Jones U.S. Select Dividend Index and HDV follows Morningstar Dividend Yield Focus Index.
Holdings in common. 21% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 DVY returned +17.1% and HDV +29.4% with distributions reinvested, a gap of 12.3 points.

Data as of Oct 28, 2026.

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About each fund

DVY

DVY tracks an index of US dividend. Over the year to Oct 28, 2026 it returned +17.1% with distributions reinvested. The prospectus expense ratio is 0.38% a year. By its holdings published by its issuer for Oct 27, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 19.7%.

HDV

HDV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +29.4% with distributions reinvested. The prospectus expense ratio is 0.08% 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 77 positions, with the top ten at 55.6%.

Questions people ask

Which returned more over the last year, DVY or HDV?: In the year to Oct 28, 2026, with distributions reinvested, DVY returned +17.1% and HDV +29.4%.
Which is cheaper, DVY or HDV?: HDV is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DVY and HDV overlap with the S&P 500?: By their latest filed holdings, 80% of DVY and 90% of HDV by weight is stocks the S&P 500 already holds.

Other comparisons

DVY vs FDVV DVY vs FNDX DVY vs SPYD DVY vs SPHD FDL vs HDV FTCS vs HDV HDV vs RSP DIVB vs HDV

Where to next

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

Sources and dates

DVY and HDV filings on SEC EDGAR ↗

DVY and HDV prospectus with the expense ratio (SEC) ↗

iShares page for DVY ↗

iShares page for HDV ↗

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, DVY against HDV, data as of Oct 28, 2026. https://etfiq.com/compare/any/dvy-vs-hdv

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