Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
DVY vs IWD: how they differ
DVY and IWD hold 15% of their weight in the same names, and IWD returned more over the year.
iShares Select Dividend ETF and iShares Russell 1000 Value ETF.
What they hold in common
By the books each fund has filed, DVY and IWD hold 15% of their money in the same securities at the same weight.
| Holding | DVY | IWD |
|---|---|---|
| CHEVRON | 1.48% | 1.06% |
| EXXONMOBIL HOLDINGS CORP | 1.04% | 1.85% |
| MERCK & CO INC | 1.12% | 0.96% |
| COCA-COLA | 1.00% | 0.81% |
| PHILIP MORRIS INTERNATIONAL INC | 1.14% | 0.80% |
| INTERNATIONAL BUSINESS MACHINES | 0.82% | 0.59% |
| VERIZON COMMUNICATIONS INC | 1.87% | 0.56% |
| GILEAD SCIENCES | 0.71% | 0.48% |
| MCDONALDS CORP | 0.58% | 0.48% |
| AT&T | 1.17% | 0.47% |
| NEXTERA ENERGY | 0.81% | 0.46% |
| PFIZER | 2.24% | 0.42% |
| Only in DVY | Only in IWD |
|---|---|
| VALLEY NATIONAL 0.60% | AMAZON.COM INC 6.04% |
| UNITED BANKSHARES 0.59% | APPLE 5.83% |
| LOCKHEED MARTIN CORP 0.56% | MICROSOFT 4.93% |
| SOUTHWEST GAS HOLDINGS 0.46% | BERKSHIRE HATHAWAY INC CLASS B 2.54% |
| BLACK HILLS CORP 0.45% | JPMORGAN CHASE & CO 2.54% |
| NEW JERSEY RESOURCES CORP 0.44% | JOHNSON & JOHNSON 1.73% |
| CASH COLLATERAL USD SGAFT 0.03% | INTEL CORPORATION 1.23% |
| CISCO SYSTEMS INC 1.14% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| DVY iShares Select Dividend ETF | IWD iShares Russell 1000 Value ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | US dividend | Russell 1000 value |
| Total return, 1 year | +18.0% | +27.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.5 pts | +9.9 pts |
| Expense ratio | 0.38% | 0.18% |
| Already in the S&P 500 | 80.5% | 90.2% |
| Holdings | 101 | 814 |
DVY in plain words
DVY is an index equity fund tracking the US dividend. Over the year to Sep 11, 2026 it returned +18.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.38% a year. By its holdings filed for Sep 10, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 19.5%.
IWD in plain words
IWD is an index equity fund tracking the Russell 1000 value. Over the year to Sep 11, 2026 it returned +27.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 814 positions, with the top ten at 29.0%.
Questions people ask
- Which returned more over the last year, DVY or IWD?
- In the year to Sep 13, 2026, with distributions reinvested, DVY returned +18.0% and IWD returned +27.4%, so IWD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DVY or IWD?
- DVY charges 0.38% a year and IWD charges 0.18%, so IWD is cheaper. Fees come from each fund's prospectus.
- How much do DVY and IWD overlap with the S&P 500?
- By their latest filed holdings, 80% of DVY and 90% of IWD by weight is stocks the S&P 500 already holds. Between the two funds, 15% of their books are the same securities at the same weight.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DVY against IWD, data as of Sep 13, 2026. https://etfiq.com/compare/any/dvy-vs-iwd Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources