Which returned more over the last year, FDL or HDV?

In the year to Oct 9, 2026, with distributions reinvested, FDL returned +20.6% and HDV +22.1%.

Which is cheaper, FDL or HDV?

HDV is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FDL and HDV overlap with the S&P 500?

By their latest filed holdings, 93% of FDL and 90% of HDV by weight is stocks the S&P 500 already holds.

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FDL vs HDV: Differences, Returns & Fees

FDL and HDV hold 41% of their weight in the same names, and HDV returned +22.1% over the year. Net assets on Oct 9, 2026: $7.7bn for First Trust Morningstar ETF and $14.9bn for iShares Core High Dividend ETF.

HDV costs 0.35 points a year less; their one-year returns differ by 1.5 points; HDV is 1.9 times larger.

FDL vs HDV: Differences, Returns & Fees
	FDL	HDV
Expense ratio	0.43%	0.08%
Net assets	$7.7bn	$14.9bn
Total return, 1 year	+20.6%	+22.1%
What it tracks	Morningstar Dividend Leaders Index	Morningstar Dividend Yield Focus Index
Holdings in common	41%
Top ten holdings, share of the fund	50.4%	55.7%
Below its high	5.9%, high on Aug 24, 2026	3.9%, high on Aug 19, 2026

Holdings in common uses holdings dated Oct 9, 2026.

+20.6%

FDL total return, 1 year

+22.1%

HDV total return, 1 year

0.43%

FDL expense ratio

0.08%

HDV expense ratio

What they hold in common

By the books each fund has filed, FDL and HDV hold 41% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 9, 2026.

50%

half

41% in common

Positions both hold, largest shared weight first

Holding FDL HDV

Chevron Corporation 9.08% 7.07%

Philip Morris International Inc. 6.77% 5.28%

Verizon Communications Inc. 6.56% 5.11%

PepsiCo, Inc. 4.97% 3.87%

Altria Group, Inc. 4.95% 3.86%

Medtronic Plc 2.33% 1.82%

The Southern Company 2.30% 1.79%

Blackstone Inc. 2.18% 1.70%

Mondelez International, Inc. 1.69% 1.32%

ONEOK, Inc. 1.70% 1.32%

Kinder Morgan, Inc. 1.63% 1.27%

Dominion Energy, Inc. 1.41% 1.10%

Only in FDL

Pfizer Inc. 6.55%

Bristol-Myers Squibb Company 3.06%

United Parcel Service, Inc. (Class B) 3.04%

Accenture plc 3.00%

Comcast Corporation (Class A) 2.45%

Duke Energy Corporation 2.20%

U.S. Bancorp 1.96%

Truist Financial Corporation 1.52%

Only in HDV

EXXONMOBIL HOLDINGS CORP 9.39%

ABBVIE 6.89%

PROCTER & GAMBLE 5.47%

HOME DEPOT 4.40%

COCA-COLA 4.34%

AMGEN INC 2.71%

MCDONALDS CORP 2.54%

NEXTERA ENERGY 2.52%

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On the same fields

FDL

First Trust Morningstar ETF

HDV

iShares Core High Dividend ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust iShares

What it is Tracks an index Tracks an index of High Dividend

Total return, 1 year +20.6% +22.1%

Expense ratio 0.43% 0.08%

Already in the S&P 500 93.3% 89.5%

Holdings 100 77

Net assets $7.7bn $14.9bn

FDL and HDV on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About FDL

FDL tracks an index. Over the year to Oct 9, 2026 it returned +20.6% with distributions reinvested. The prospectus expense ratio is 0.43% a year. By its holdings published by its issuer for Oct 9, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 50.4%. It sat 5.9% below its high of Aug 24, 2026 on Oct 9, 2026.

About HDV

HDV tracks an index of High Dividend. Over the year to Oct 9, 2026 it returned +22.1% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 9, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 55.7%. It sat 3.9% below its high of Aug 19, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FDL or HDV?: In the year to Oct 9, 2026, with distributions reinvested, FDL returned +20.6% and HDV +22.1%.
Which is cheaper, FDL or HDV?: HDV is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FDL and HDV overlap with the S&P 500?: By their latest filed holdings, 93% of FDL and 90% of HDV by weight is stocks the S&P 500 already holds.

Other comparisons

FDL vs MGV FDL vs PVAL FDL vs FDVV FDL vs RWL HDV vs VTV FTCS vs HDV HDV vs JAVA HDV vs SPYD

FDL on its own →HDV on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FDL filings on SEC EDGAR ↗FDL prospectus with the expense ratio (SEC) ↗First Trust page for FDL ↗HDV filings on SEC EDGAR ↗HDV prospectus with the expense ratio (SEC) ↗iShares page for HDV ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, FDL against HDV, data as of Oct 9, 2026. https://etfiq.com/compare/any/fdl-vs-hdv

Open data

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