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

In the year to Oct 28, 2026, with distributions reinvested, DVY returned +17.1% and SPYD +15.3%.

Which is cheaper, DVY or SPYD?

SPYD is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 80% of DVY and 99% of SPYD by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

DVY vs SPYD: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, DVY returned +17.1% to SPYD's +15.3%; 39% of their weight is in the same names.

askIQ about this page

askIQ about DVY and SPYD

Net assets on Oct 27, 2026: $23.4bn for iShares Select Dividend ETF and $7.5bn for State Street SPDR Portfolio S&P 500 High Dividend ETF.

DVY on its own →SPYD on its own →

At a glance

+17.1%

DVY total return, 1 year

+15.3%

SPYD total return, 1 year

0.38%

DVY expense ratio

0.07%

SPYD expense ratio

Pair scorecard

SPYD costs 0.31 points a year less; their one-year returns differ by 1.8 points; DVY is 3.1 times larger.

DVY vs SPYD: Differences, Returns & Fees
Measure	DVY	SPYD
Return
Measure	DVY	SPYD
Total return, 1 year	+17.1%	+15.3%
Drawdown
Measure	DVY	SPYD
Below its high		4.1%, high on Aug 24, 2026
Benchmark
Measure	DVY	SPYD
What it tracks	Dow Jones U.S. Select Dividend Index	S&P 500 High Dividend Index
Cost and size
Measure	DVY	SPYD
Expense ratio	0.38%	0.07%
Net assets, as of Oct 27, 2026	$23.4bn	$7.5bn
Holdings
Measure	DVY	SPYD
Holdings in common	39%
Top ten holdings, share of the fund	19.7%	16.1%

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

Risk and return

Oct 30, 2015 to Oct 23, 2026 · 573 weekly returns

DVY SPYD

Return

Total return edge DVY +210.0% +168.7%

Annualized edge DVY +10.8% +9.4%

Price return edge DVY +109.8% +61.3%

Risk

Volatility edge DVY 17.6% 19.6%

Max drawdown edge DVY −38.1% −43.0%

Risk-adjusted

Sharpe edge DVY 0.54 0.44

Sortino edge DVY 0.76 0.62

Calmar edge DVY 0.28 0.22

Reading

DVY returned more: +210.0% to +168.7%. DVY swung less: 17.6% to 19.6%. DVY fell less at its worst: −38.1% to −43.0%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: DVY vs SPYD: Differences, Returns & Fees
Measure	DVY	SPYD	Edge	How it is measured
Return
Total return	+210.0%	+168.7%	DVY	Price change plus distributions, reinvested.
Annualized	+10.8%	+9.4%	DVY	Total return as a yearly rate.
Price return	+109.8%	+61.3%	DVY	Price change alone, distributions left out.
Risk
Volatility	17.6%	19.6%	DVY	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	12.5%	13.8%	DVY (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−38.1%	−43.0%	DVY	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.54	0.44	DVY	Return above Treasury bills per unit of volatility.
Sortino	0.76	0.62	DVY	Return above Treasury bills per unit of downside deviation.
Calmar	0.28	0.22	DVY	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 573 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

39%

By the books each fund has filed, DVY and SPYD hold 39% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

39% in common

Positions both hold · largest shared weight first DVY SPYD

HP INC 2.54% 1.74%

PFIZER 2.42% 1.56%

CHEVRON 1.59% 1.54%

BEST BUY 1.56% 1.47%

EOG RESOURCES 1.41% 1.45%

TARGET CORP 1.61% 1.40%

ONEOK 1.87% 1.36%

LYONDELLBASELL INDUSTRIES CLASS A 1.35% 1.41%

ALTRIA GROUP INC 2.27% 1.32%

KIMBERLY CLARK 1.65% 1.30%

VERIZON COMMUNICATIONS INC 1.65% 1.29%

PRUDENTIAL FINANCIAL INC 2.12% 1.26%

Only in one fund ↓

Only in DVY

APA 1.43%

VALERO ENERGY CORP 1.38%

HF SINCLAIR 1.36%

PRINCIPAL FINANCIAL GROUP INC 1.34%

CVS HEALTH 1.32%

METLIFE 1.31%

GENUINE PARTS 1.28%

PHILIP MORRIS INTERNATIONAL 1.22%

Only in SPYD

ACCENTURE PLC CL A 2.18%

HASBRO INC 1.73%

MEDTRONIC PLC 1.49%

CROWN CASTLE INC 1.47%

STANLEY BLACK + DECKER INC 1.45%

AMERICAN TOWER CORP 1.44%

DOW INC 1.41%

JM SMUCKER CO 1.40%

Check overlap with more funds →

Side by side

DVY iShares Select Dividend ETF SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks an index of US dividend Tracks the S&P 500 High Dividend

Total return, 1 year +17.1% +15.3%

Expense ratio 0.38% 0.07%

Already in the S&P 500 80.1% 99.3%

Holdings 101 79

Net assets, as of Oct 27, 2026 $23.4bn $7.5bn

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

Client brief · page 1 of 2 Report BR-E28FDA046F

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

What each follows. DVY follows Dow Jones U.S. Select Dividend Index and SPYD follows S&P 500 High Dividend Index.
Holdings in common. 39% of the weight is in the same securities (holdings dated Oct 27, 2026).
Cost. DVY charges 0.38% of assets a year and SPYD 0.07%, a gap of 0.31 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

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%.

SPYD

SPYD tracks the S&P 500 High Dividend. Over the year to Oct 28, 2026 it returned +15.3% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Oct 27, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 16.1%. It sat 4.1% below its high of Aug 24, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DVY or SPYD?: In the year to Oct 28, 2026, with distributions reinvested, DVY returned +17.1% and SPYD +15.3%.
Which is cheaper, DVY or SPYD?: SPYD is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DVY and SPYD overlap with the S&P 500?: By their latest filed holdings, 80% of DVY and 99% of SPYD by weight is stocks the S&P 500 already holds.

Other comparisons

DVY vs SPHD DVY vs PVAL DVY vs HDV AVLV vs DVY FDL vs SPYD DIVB vs SPYD NOBL vs SPYD FTCS vs SPYD

Where to next

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

Sources and dates

DVY filings on SEC EDGAR ↗

DVY prospectus with the expense ratio (SEC) ↗

iShares page for DVY ↗

SPYD filings on SEC EDGAR ↗

SPYD prospectus with the expense ratio (SEC) ↗

State Street website ↗

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 SPYD, data as of Oct 28, 2026. https://etfiq.com/compare/any/dvy-vs-spyd

Open data →

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