Data as of Oct 28, 2026.

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DVY vs IAU: Differences, Returns & Fees

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DVY is an equity index fund and IAU a commodity fund, and over the year to Oct 28, 2026, DVY returned +17.1% against +2.7%.

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Net assets: $23.4bn on Oct 27, 2026 for iShares Select Dividend ETF, and $60.1bn on Oct 28, 2026 for iShares Gold Trust.

At a glance
+17.1%
DVY total return, 1 year
+2.7%
IAU total return, 1 year
0.38%
DVY expense ratio
0.25%
IAU expense ratio

Pair scorecard

IAU costs 0.13 points a year less; their one-year returns differ by 14.4 points; IAU is 2.6 times larger.

DVY vs IAU: Differences, Returns & Fees
MeasureDVYIAU
Return
Total return, 1 year+17.1%+2.7%
Drawdown
Below its high24.6%, high on Jan 29, 2026
Benchmark
What it tracksDow Jones U.S. Select Dividend IndexGold
Cost and size
Expense ratio0.38%0.25%
Net assets, as of Oct 27, 2026$23.4bn$60.3bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight80%
Top ten holdings, share of the fund19.7%

Method

Side by side

DVY iShares Select Dividend ETF IAU iShares Gold Trust
Where it sits Stock ETF Commodity ETF
What it is Tracks an index of US dividend Holds gold
Total return, 1 year +17.1% +2.7%
Its benchmark over the same days not measured +2.5% (GLD)
Gap to its benchmark not measured +0.2 pts vs GLD
Expense ratio 0.38% 0.25%
Holdings 101 not counted
Net assets, DVY as of Oct 27, 2026 and IAU as of Oct 28, 2026 $23.4bn $60.1bn

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

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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%.

IAU

Its expense ratio is 0.25% a year, for the three months to Jun 30, 2026, as its 10-Q states.

IAU holds gold. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.6% below its high of Jan 29, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DVY or IAU?
In the year to Oct 28, 2026, with distributions reinvested, DVY returned +17.1% and IAU +2.7%.
Which is cheaper, DVY or IAU?
IAU 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 own filings.
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ETFIQ, DVY against IAU, data as of Oct 28, 2026. https://etfiq.com/compare/any/dvy-vs-iau

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