Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
DVY vs SPHD: how they differ
DVY and SPHD hold 0% of their weight in the same names, and DVY returned more over the year.
iShares Select Dividend ETF and Invesco S&P 500 High Dividend Low Volatility ETF.
What they hold in common
By the books each fund has filed, DVY and SPHD hold 0% of their money in the same securities at the same weight.
| Only in DVY | Only in SPHD |
|---|---|
| HP INC 2.46% | Verizon Communications Inc 3.39% |
| PFIZER 2.24% | Pfizer Inc 3.38% |
| PRUDENTIAL FINANCIAL INC 2.17% | General Mills Inc 2.96% |
| ALTRIA GROUP INC 2.12% | Kraft Heinz Co/The 2.90% |
| T ROWE PRICE GROUP 2.06% | VICI Properties Inc 2.83% |
| VERIZON COMMUNICATIONS INC 1.87% | AT&T Inc 2.70% |
| ONEOK 1.85% | Comcast Corp 2.62% |
| TARGET CORP 1.69% | Altria Group Inc 2.55% |
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 | SPHD Invesco S&P 500 High Dividend Low Volatility ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | US dividend | S&P 500 High Dividend Low Volatility |
| Total return, 1 year | +18.0% | +8.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.5 pts | −8.9 pts |
| Expense ratio | 0.38% | 0.30% |
| Already in the S&P 500 | 80.5% | 95.7% |
| Holdings | 101 | 56 |
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%.
SPHD in plain words
SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Sep 10, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 56 positions, with the top ten at 28.1%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, DVY or SPHD?
- In the year to Sep 13, 2026, with distributions reinvested, DVY returned +18.0% and SPHD returned +8.6%, so DVY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DVY or SPHD?
- DVY charges 0.38% a year and SPHD charges 0.30%, so SPHD is cheaper. Fees come from each fund's prospectus.
- How much do DVY and SPHD overlap with the S&P 500?
- By their latest filed holdings, 80% of DVY and 96% of SPHD by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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 SPHD, data as of Sep 13, 2026. https://etfiq.com/compare/any/dvy-vs-sphd Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources