Data as of Oct 28, 2026.
DVY vs IWD: Differences, Returns & Fees
Over the year to Oct 28, 2026, DVY returned +17.1% to IWD's +27.5%; 14% 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 $83.0bn for iShares Russell 1000 Value ETF.
Pair scorecard
IWD costs 0.20 points a year less; their one-year returns differ by 10.4 points; IWD is 3.5 times larger.
| Measure | DVY | IWD |
|---|---|---|
| Return | ||
| Total return, 1 year | +17.1% | +27.5% |
| Benchmark | ||
| What it tracks | Dow Jones U.S. Select Dividend Index | Russell 1000 Value Index |
| Cost and size | ||
| Expense ratio | 0.38% | 0.18% |
| Net assets, as of Oct 27, 2026 | $23.4bn | $83.0bn |
| Holdings | ||
| Holdings in common | 14% | |
| Top ten holdings, share of the fund | 19.7% | 29.6% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Nov 14, 2003 to Oct 23, 2026 · 1,197 weekly returnsIWD returned more: +691.9% to +622.4%. DVY and IWD swung about the same: 17.9% and 17.8%. IWD fell slightly less at its worst: −59.8% to −62.0%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | DVY | IWD | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +622.4% | +691.9% | IWD | Price change plus distributions, reinvested. |
| Annualized | +9.0% | +9.4% | IWD (slight) | Total return as a yearly rate. |
| Price return | +218.6% | +371.6% | IWD | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 17.9% | 17.8% | Tie | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.8% | 12.7% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −62.0% | −59.8% | IWD (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.47 | 0.49 | IWD (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 0.66 | 0.69 | IWD (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.14 | 0.16 | IWD (slight) | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,197 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, DVY and IWD hold 14% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
14% in common
Only in one fund ↓
Side by side
DVY and IWD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
DVY and IWD do different jobs. What does each one do in a portfolio?
- What each follows. DVY follows Dow Jones U.S. Select Dividend Index and IWD follows Russell 1000 Value Index.
- Holdings in common. 14% 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 IWD +27.5% with distributions reinvested, a gap of 10.4 points.
Data as of Oct 28, 2026.
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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%.
IWD
IWD tracks the Russell 1000 value. Over the year to Oct 28, 2026 it returned +27.5% with distributions reinvested, against +27.7% for its benchmark, the Russell 1000 Value Index. The prospectus expense ratio is 0.18% 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 871 positions, with the top ten at 29.6%.
Questions people ask
- Which returned more over the last year, DVY or IWD?
- In the year to Oct 28, 2026, with distributions reinvested, DVY returned +17.1% and IWD +27.5%.
- Which is cheaper, DVY or IWD?
- IWD is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
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.
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ETFIQ, DVY against IWD, data as of Oct 28, 2026. https://etfiq.com/compare/any/dvy-vs-iwd
ETFIQ. (Oct 28, 2026). DVY against IWD. Retrieved from https://etfiq.com/compare/any/dvy-vs-iwd
[DVY against IWD (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/dvy-vs-iwd)
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