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

In the year to Oct 28, 2026, with distributions reinvested, DVY returned +17.1% and VPU −3.3%.

Which is cheaper, DVY or VPU?

VPU is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 80% of DVY and 90% of VPU by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

DVY vs VPU: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DVY returned +17.1% to VPU's −3.3%; 21% of their weight is in the same names.

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Net assets: $23.4bn on Oct 27, 2026 for iShares Select Dividend ETF, and $7.7bn on Sep 30, 2026 for Vanguard Utilities ETF.

DVY on its own →VPU on its own →

At a glance

+17.1%

DVY total return, 1 year

−3.3%

VPU total return, 1 year

0.38%

DVY expense ratio

0.09%

VPU expense ratio

Pair scorecard

VPU costs 0.29 points a year less; their one-year returns differ by 20.4 points; DVY is 2.9 times larger.

DVY vs VPU: Differences, Returns & Fees
Measure	DVY	VPU
Return
Measure	DVY	VPU
Total return, 1 year	+17.1%	−3.3%
Drawdown
Measure	DVY	VPU
Below its high		8.9%, high on Feb 27, 2026
Benchmark
Measure	DVY	VPU
What it tracks	Dow Jones U.S. Select Dividend Index	MSCI US Investable Market Index (IMI)/Utilities 25/50
Cost and size
Measure	DVY	VPU
Expense ratio	0.38%	0.09%
Net assets, as of Sep 30, 2026	$22.2bn	$7.7bn
Holdings
Measure	DVY	VPU
Holdings in common	21%
Top ten holdings, share of the fund	19.7%	52.3%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

21%

By the books each fund has filed, DVY and VPU hold 21% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

21% in common

Positions both hold · largest shared weight first DVY VPU

DOMINION ENERGY 1.42% 3.84%

EVERSOURCE ENERGY 1.30% 1.74%

EDISON INTERNATIONAL 1.26% 1.49%

FIRSTENERGY CORP 1.13% 1.72%

EXELON CORP 1.07% 2.98%

WEC ENERGY GROUP 1.06% 2.37%

ALLIANT ENERGY CORP 0.98% 1.08%

AMERICAN ELECTRIC POWER INC 0.96% 4.66%

DTE ENERGY 0.95% 1.83%

PPL CORP 0.93% 1.78%

CMS ENERGY 0.89% 1.41%

XCEL ENERGY INC 0.88% 3.17%

Only in one fund ↓

Only in DVY

HP INC 2.54%

PFIZER 2.42%

ALTRIA GROUP INC 2.27%

PRUDENTIAL FINANCIAL INC 2.12%

T ROWE PRICE GROUP 2.00%

ONEOK 1.87%

KIMBERLY CLARK 1.65%

VERIZON COMMUNICATIONS INC 1.65%

Only in VPU

Southern Co 6.74%

Duke Energy Corp 6.41%

Constellation Energy Corp 5.72%

Vistra Corp 3.37%

Consolidated Edison Inc 2.72%

Ameren Corp 1.98%

PG&E Corp 1.95%

Atmos Energy Corp 1.88%

Check overlap with more funds →

Side by side

DVY iShares Select Dividend ETF VPU Vanguard Utilities ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Vanguard

What it is Tracks an index of US dividend Tracks an index of Utilities

Total return, 1 year +17.1% −3.3%

Its benchmark over the same days not measured −3.3% (FUTY)

Gap to its benchmark not measured 0.0 pts vs FUTY

Expense ratio 0.38% 0.09%

Already in the S&P 500 80.1% 89.7%

Holdings 101 70

Net assets, DVY as of Oct 27, 2026 and VPU as of Sep 30, 2026 $23.4bn $7.7bn

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

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%.

VPU

VPU tracks an index of Utilities. Over the year to Oct 28, 2026 it returned −3.3% with distributions reinvested, against −3.3% for its benchmark, the MSCI US Investable Market Index (IMI)/Utilities 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 70 positions, with the top ten at 52.3%. It sat 8.9% below its high of Feb 27, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, DVY or VPU?: In the year to Oct 28, 2026, with distributions reinvested, DVY returned +17.1% and VPU −3.3%.
Which is cheaper, DVY or VPU?: VPU is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DVY and VPU overlap with the S&P 500?: By their latest filed holdings, 80% of DVY and 90% of VPU by weight is stocks the S&P 500 already holds.

Other comparisons

DVY vs XLU DVY vs VOX DVY vs VDE DVY vs KRE RSP vs VPU VOE vs VPU SDY vs VPU NOBL vs VPU

Where to next

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

Sources and dates

DVY filings on SEC EDGAR ↗

DVY prospectus with the expense ratio (SEC) ↗

iShares page for DVY ↗

VPU filings on SEC EDGAR ↗

VPU prospectus with the expense ratio (SEC) ↗

Vanguard page for VPU ↗

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

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